This tax haven is one of the most secret | hidden opportunity?
The island of Anguilla is a British overseas territory, located in the northeastern Caribbean, with over 30 breathtaking beaches, and an average temperature of 26 degrees Celsius (80 degrees Fahrenheit) with little rainfall.
The real estate market is very attractive, as the prices are among the most reasonable in all the Caribbean, with costs much lower than in other Caribbean islands.
In terms of taxation, Anguilla represents the best of the best.
It is in fact a total tax haven.
This means you pay virtually nothing, pay no income taxes, pay no corporate taxes, pay no inheritance or gift taxes, pay no capital gains tax, there is no withholding tax, and there are no compliance obligations.
Historically there has never been a VAT, or other sales tax, but as of July 1 this year, a 13% goods and services tax was introduced, replacing a whole series of small minor taxes (such as the tourist tax, or the tax on entertainment).
Furthermore, there are no regulations that would restrict business management, such as transfer pricing regulations, or limits on the deduction of interest, or regulations on controlled foreign companies.
In the next episode we will see 3 secret uses of this tax haven, secretly used by many entrepreneurs and even multinationals.
Contact us right now for specific advice.
Remember that laws change all the time; therefore it is essential to check the law in force when you decide to relocate or move abroad.
It is also very important that you speak to your international tax attorney before starting any type of tax planning or relocation of your business.
If it is your first time, here are some examples of the results our tax lawyers can help you achieve:
- international tax optimization, to cut down your taxes (even to zero)
- analyze your specific situation and your business situation to help you choose the best country/countries for your specific needs, which guarantees you both tax savings and everything you wish for;
- protect your assets, making them "untouchable";
- become an international / global entrepreneur, able to use all world regulations and tax advantages to your benefit;
- making you profit using tax havens;
- acquire multiple residences;
- acquire new passports;
Check our main page now and contact us https://yourinternationaltaxlawyers.net