There are many reasons why you hold a bank account other than the country where you live, one of which may be saving money for your children for education. Jersey is a well-known offshore financial centre for wealth management and…
China continues to bring business opportunities to foreign investors and its middle class has been a major force of economic resilience in the current economic downturn. The recent reopening of luxury stores, the likes of Louis Vuitton, Bvlgari and Cartier,…
The BVI is the most popular jurisdiction amongst offshore-savvy investors. The British Overseas territory has, in the last 20-30 years, revised the law in a bid to attract more companies to do business and regard it as one of the…
In some countries and territories, the company secretary is required by law to perform a number of duties and use his/her knowledge to ensure that compliance is met with statutory and regulatory requirements. The duties of the company secretary include…
Wechat Pay, developed by China's one of the largest tech companies Tencent, is registered with more than 600 million users worldwide, mainly from the Greater China Region, which includes mainland China, Hong Kong, Macau and Taiwan. Wechat Pay, or Weixinzhifu…
The recent outbreak of COVID 19 in Europe and North America has seen huge demand for masks, resulting in a flurry of orders to Chinese suppliers in China. The mask supply chain used to be only connected to a number…
The recently ongoing Coronavirus has crippled businesses around the world, culminating in a huge drop in the value of the financial market and layoffs of jobs around the world. Many, especially those holding bank accounts in local currencies, have seen…
The requirements for opening an offshore bank account are as the same as applying for a bank in your home country. An offshore bank account allows you to move funds globally with a bunch of benefits, of which are the…
Given the historical links between the UK and the rest of the world, especially the Commonwealth, many firms in the region have started to invest in Europe using a UK company as headquarters, despite Brexit paving the way for uncertainty.…
The BVI is known for its efficiency of tax and company structure, with two-thirds of offshore BVI companies using the islands for corporate structuring. There has been a combination of reasons why investors have chosen the place of incorporation for…