Archive | Tax Havens

RSS feed for this section

Dominica Is the Fastest Growing Economy in Latin America and the Caribbean Region Thanks to Booming Tourism and Citizenship by Investment, UN ECLAC Report Finds

18 Jan
Dominica

LONDON, Jan. 18, 2020 /PRNewswire/ — A new report by the Economic Commission for Latin America and the Caribbean (ECLAC) from the United Nations indicates that the Commonwealth of Dominica was the fastest growing economy in the entire Latin America and the Caribbean region in 2019. The island’s GDP is said to have jumped up by 9%, attributed to Citizenship by Investment (CBI), soaring tourism numbers and public sector […]

Bahrain Sponsors X-raid Rally Team to Join Dakar Rally in Saudi Arabia

01 Jan
Dakar Rally

MANAMA, Bahrain, Jan. 2, 2020 /PRNewswire/ — Bahrain announced its participation in the Dakar Rally, to be held in Saudi Arabia from January 5 to 17. The first rally in the Middle East will see the victorious X-raid team racing for Bahrain in their first self-developed and constructed Mini John Cooper Works and Mini John Cooper Works Buggy; the Bahrain team will include champion drivers Stephane Peterhansel and Carlos Sainz and co-drivers Lucas Cruz and Paulo Fiúza. […]

British Virgin Islands Announces Digital Currency

03 Dec
British Virgin Islands

Government, LIFElabs.io to develop BVI~LIFE™, a digital currency for the betterment of the territory. Tortola, British Virgin Islands – December 3, 2019 – As part of an on-going initiative to grow the Financial Technology sector, the British Virgin Islands is hosting its BVI Digital Economy symposium on December 3rd. The event will connect over 100 stakeholders […]

The Bahamas for World-Class Financial Services

06 Jun
The Bahamas for World-Class International Financial Services

Tanya McCartney argues that The Bahamas’ strong regulatory regime and its historic determination to ensure its integrity as an international financial centre, as evidenced by its most recent commitments, reflect the mindset of a jurisdiction focused on protecting and cultivating its key assets. Regulation, as it relates to international initiatives, is the canvas upon which The […]

Bermuda Spotlights Fintech Innovation at Consensus 2019

15 May
Bermuda-Fintech-Innovation

NEW YORK–(BUSINESS WIRE)–May 15, 2019–Bermuda highlighted its world-respected regulatory and legal framework for fintech innovation business, as a delegation of government and industry experts returned for a second year to “Blockchain Week” in New York for Consensus 2019. Bermuda Premier David Burt describes the island’s fintech innovations in an interview with Paul Sweeney and Lisa […]

NuMoney Cryptocurrency Exchange Launch in Singapore. Malaysia & Indonesia Will Be Next.

12 Apr
Cryptocurrency Exchange in Singapore

SINGAPORE, April 12, 2018 /PRNewswire/ — After surpassing great milestones, like crossing SGD1.2 Million in turnover in their first 2 months, and SGD2.5 Million in January 2018, NuMoney is ready to advance towards their next huge milestone – The NuMoney Exchange. With the launch of the NuMoney Exchange on 6 April 2018, the team has spent the past few months testing and fixing the online […]

Offshore Tax Haven Marshall Islands to Issue National Cryptocurrency

01 Mar
Marshall Islands

Marshall Islands Govcoin ICO The Republic of the Marshall Islands plans to issue its own cryptocurrency as an official legal tender, to be known as the Sovereign. The local parliament voted this week to proceed with the issuing plan, Kenneth Kedi, a senator and the body’s speaker, said in a Bloomberg interview. A council still has […]

Balanced Growth in Singapore as Economy Gathers Pace

21 Feb
Singapore

More individual investors from Japan, Australia, Indonesia, the UK and France set sights on Singapore SINGAPORE, Feb. 21, 2018 /PRNewswire/ — Singapore ended the year positively with 14,115 new businesses formed in Q4 2017, according to data presented in Hawksford Singapore’s latest research report, Singapore New Business Trends Report Q4 2017. Despite a 10.7% decline quarter-on-quarter (QoQ), Hawksford Singapore noted […]

Panama’s Ministry of Economy and Finance Presents to National Assembly Landmark Legislation to Criminalize Tax Fraud

20 Jan
Panama City

President Varela’s Administration presented the bill as part of its ongoing commitment to greater financial transparency and international standards PANAMA CITY, Jan. 19, 2018 /PRNewswire/ — Panama’s Ministry of Economy and Finance presented yesterday to the National Assembly new landmark legislation to include tax fraud in the Country’s Criminal Code, which, if passed, will represent the latest in […]

Macau to leave tax haven ‘blacklist’ after complying with EU rules

16 Jan
Macau to leave tax haven ‘blacklist’

Macau is soon to leave the European Union’s (EU) tax haven ‘blacklist’. This change is part of a proposal on the part of EU officials which aims to remove eight out of 17 jurisdictions from the list, which was most recently updated last month. Under the proposal, several news agencies reported that problematic jurisdictions – […]