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Trade and services regulations in Luxembourg
If you are a UK business providing services in Luxembourg, you will need to follow Luxembourg regulations about:
If you were living in Iceland before 1 January 2021
Information for British citizens moving to or living in Iceland, including guidance on residency, healthcare and driving.
UK sanctions guidance for Uzbek businesses
Information about UK sanctions and relevant local laws to support compliance of non-UK businesses operating in Uzbekistan.
Protecting Business Reputation When Entering Foreign Markets
Expanding into new international markets presents promising growth opportunities. However, such moves come with challenges, especially when it comes to maintaining and protecting a business’s brand reputation.
The Organisation For Economic Co-Operation & Development OECD
Accountancy requirements for Seychelles and Belize Companies. Although we have sent emails to all our clients regarding rule changes to Seychelles and Belize IBC Companies, we feel it necessary to repeat the changes to keep our clients informed. It is now a requirement for clients to keep accounts for Seychelles and Belize IBC Companies.
It is my belief that the quoted jurisdictions introduced this requirement to placate the OECD, who is on a mission to make IBC jurisdictions compliant with OECD requirements. Tax unification Pressure from the OECD comes mostly from the USA and European Governments. What never ceases to amaze me is the need of the USA to control international tax affairs. One of the biggest suppliers of cheap IBC (offshore companies) are the Americans! ( Delaware Companies) Amazing! but not unusual for the USA.
So, what are the alternatives? The obvious one is to keep accounts. I have always recommended that clients keep accounts, but my concern is, will the OECD soon want clients to keep accounts? The second alternative is to consider changing the jurisdiction to a non OECD member country such as, UAE. Please contact us for details on UAE (RAK) Ras Al Khaimah Companies.