Tax Havens

There are 19 different reasons to use a tax haven, some legal, and some illegal.

A Luxembourg Holding Company is a resident company in the tax haven of Luxembourg which operates subsidiaries.

Most offshore jurisdictions have sophisticated trust laws which allow the settlor to select lengthy, fixed, perpetuity periods, or to avoid perpetuity altogether (like Jersey).

The Luxembourg special limited partnership (SLP) is a highly tax efficient investment vehicle that offers a high degree of contractual flexibility and cost efficiency.

Hong Kong, the British Virgin Islands, and Panama have the largest numbers of registered International Business Companies (IBCs).

Multinational businesses often finance their Australian business investments with large amounts of overseas debt instead of equity as it is more tax effective.

Many foreign companies (manufacturing and services) operate in Costa Rica's Free Trade Zones where they benefit from investment and tax incentives.

Taxpayers, both individuals and companies, without a residence in Chile, only pay tax on their Chilean income.

Companies, not having their head office or place of effective management in Cape Verde territory, are only subject to tax on income obtained in Cape Verde.

Canada has emerged as a tax haven for the global elite, who create shell companies with figurehead directors to evade or avoid taxes.