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copy of Offshore bank account in Cayman Islands

$320.00
Tax included

OFFSHORE bank account in Cayman Islands For Independent Users


Cayman Islands
The Cayman Islands constitute one of the main overseas tax jurisdictions in the Caribbean region, offering various tax and legislative advantages for both non-resident individuals and international trade companies. The Cayman Islands jurisdiction is part of the British Overseas Territory and occupies a prominent place in the ranking of tax havens thanks to a very attractive tax system, making it one of the 10 largest financial centers in the world.

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Tax advantages and taxes

In the Cayman Islands, business profits obtained outside the jurisdiction and income from capital as interest or dividends are not taxed, making it a tax haven for various corporations and financial entities around the world. Companies operating from this jurisdiction have to pay annual license fees that are calculated based on authorized share capital.
Privacy and bank secrecy

The names of the beneficiaries of the offshore companies registered in the Cayman Islands are not incorporated in any public registry and there is no obligation to reveal their identity. The Cayman Islands does not have agreements to avoid double taxation with any country which means that the owners of bank accounts and commercial companies are safe from the tax authorities of their respective countries. Offshore companies are not required by law to submit their annual financial reports to the authorities, but an annual return is required.

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