Andorra
Andorra is a tax-exempt country in the heart of Western Europe, bordering France and Spain, and uses the unified currency, the euro. So there are a lot of Europeans who come here to start a business and invest. Andorra is commonly spoken in French, English, Spanish, Catalan.
Andorra's tourism industry is quite developed, is a shopping paradise, but also a ski resort, all friends who have come to Andorra to know, whether it is the urban environment, air quality, or social security, Andorra is at the forefront of Europe, which is why Andorra is the world's fourth longest lifespan.
Andorra is a well-located tax haven, in the heart of Western Europe, bordering France and Spain, and immigrants to Andorra can avoid the asset tax, wealth tax, property tax, property transfer tax, real estate income tax, personal income tax, corporate income tax, value added tax, residence tax, inheritance tax and so on imposed by Western European countries. Andorra not only has a much smaller tax rate than other countries, but also has a very low tax rate. For example, VAT 4.5%, corporate income tax 5%-10%, personal income tax 0%, inheritance tax 0%, no rich people's tax and asset tax and so on. Compared with other Western European countries, it can be said that it is "almost free".
Anguilla
Anguilla is a British overseas possession located at the northern tip of the Leeward Islands in the Eastern Caribbean Sea. The local economy and service system is good, and it is a tax-neutral jurisdiction. It is British common law and the currency is the East Caribbean dollar.
Although Anguilla is not as famous as Cayman and the BVI in the offshore market, as the market develops, Anguilla will also become a popular place for investors.
Anguilla has a fairly stable economy and a good financial services system. Moreover, Anguilla is a tax-neutral jurisdiction, and registered companies benefit from its zero-rated advantages. In addition, the advantages of confidentiality of registered information, no auditor reporting, and little control are attractive.
Anguilla's company incorporation registration system is widely appreciated, featuring its business online incorporation registration network. Through this network, which was established in 1998, people from all over the world can set up registered Anguilla companies, such as International Business Companies (IBCs) and limited liability companies, at any time through licensed managers, trust companies and their accredited overseas agents.
Antigua
Antigua has a developed financial system, a stable environment, a complete business legal system, a highly developed judicial and talent structure, over the years, the region has adopted an open financial policy, such as allowing foreign capital without foreign exchange control, capital and profits can be remitted, the capital account is fully convertible, no income tax, capital gains tax, corporate tax and inheritance tax, etc., so that the offshore financial industry in the region has been greatly developed.
Bahamas
The Bahamas is a Latin American island nation located opposite the southeast coast of Florida, United States, on the north side of Haiti and Cuba. The official language is English.
The Bahamas is one of the richest countries in the Caribbean, with GDP per capita second to the United States and Canada out of 156 countries in the Western Hemisphere at 6991. Tourism and finance 3780 is a pillar industry of the national economy, and the ship service industry is an important sector of the national economy. In recent years, Pakistan has proposed a strategy to diversify its economy, vigorously attract foreign investment, develop industry and agriculture, and make progress.
While maintaining its traditional close relations with britain and the United States, the Bahamas has developed friendly and cooperative relations with other Commonwealth countries and Caribbean countries. The Bahamas recognizes China as a full market economy and is one of China's main trading partners in the Caribbean. China mainly exports ships, refined oil products, steel or aluminum structures and their components, paints, clothing, etc., and imports agricultural products and machinery and equipment.
Bahrain
The Kingdom of Bahrain, abbreviated as Bahrain. Adjacent to Qatar and Saudi Arabia, it is a tropical desert climate, oil is the pillar of the national economy, in 2010 Pakistan began to diversify its economy, established an oil refining, petrochemical and aluminum products industry, vigorously developed the financial industry, and became the banking and financial center of the Gulf region. Globalized inter-market trade barriers are being further opened. The opening up and development of the country's economic development needs has also been further expanded under the "Belt and Road" policy, which is the gospel of countless entrepreneurs.
As an important node in the "Belt and Road", Bahrain's market potential has naturally attracted the attention of more and more large and medium-sized enterprises and investors.
Belize
Belize is located in northeastern Central America. Bordered by Mexico to the north, Guatemala to the west and south, and the Caribbean Sea to the east, it is a country in Central America where English is the official language.
Convenient location, located in the center of the American continent, sea and air can reach the United States, Central America, Europe and other regions. It is possible to open accounts at home and abroad; there are clear exemptions for overseas income, reasonable tax avoidance; and it is not subject to the norms of tax information exchange agreements signed between the United States and the United Kingdom.
Bermuda
Bermuda is considered one of the best regions to handle insurance and reinsurance business. Sixteen of the world's top 35 insurance companies are located here. The island is also considered to be one of the management locations of the family business.
Like the British Virgin Islands and the Cayman Islands, companies incorporated in Bermuda are not subject to income tax, not even personal income tax.
British Wells Islands
The British Virgin Islands (also known as the Virgin Islands) are international tax havens and, under the island's laws, companies incorporated on the island are exempt from taxes on business income and surpluses, except for the statutory annual registration fee (which is very small).
In tax havens around the world where companies are free to register, their registration requirements are low and their management is low.
To set up a company with a registered capital of less than 50,000 US dollars, the registration fee is 300 US dollars, plus the license fee and handling fee, the local government charges a total of 980 US dollars, and then you have to pay 600 US dollars per year to renew the business license.
Therefore, many internationally renowned large companies have registered companies on the island in order to avoid taxes, and have carried out complex transnational tax avoidance business activities.
Cayman Islands
The Cayman Islands received a decree in 1978 exempting the Cayman Islands from their tax obligations, so that the Cayman Islands had no direct taxation at all, whether for individuals, corporations or the trust industry.
Moreover, Cayman maintains a high degree of confidentiality in the business of registering a company. The identity of the shareholders, the roster of directors, the proportion of equity, and the income of the enterprise are strictly protected by law, and the public cannot consult them, nor can trust companies leak them at will.
Therefore, the domestic Internet giants we are familiar with, including Baidu, Alibaba, JD.com, 360, etc., have successively registered companies in the Cayman Islands, and foreign giants Apple, Google, Intel, Oracle and other companies have also registered their companies in the Cayman Islands.
Cook Islands
Cook Islands The language of business in the Cook Islands is English. The Cook Islands have a modern communications system that is constantly being upgraded and improved.
Anyone using offshore jurisdiction services will try to look for tax neutrality. In the Cook Islands, the tax rate is zero.
The Cook Islands offers high-quality international trust companies that make it easy to set up, maintain and manage offshore trust instruments offered by Cook Islands Consulting.
The Cook Islands has established diplomatic relations with a number of countries and the European Union, and is a member of numerous international organizations, including WHO. Various local preferential policies have attracted a large number of investors to register companies in the Cook Islands as well as to settle down for tourism.
Cyprus
Cyprus is a member of the European Union and a mature international business and financial centre with more than 50 bilateral tax treaties; dividend income exemption; dividend payment exemption to non-residents abroad; effective protection of the legal rights and interests of enterprises in Europe and other operating markets; a sound legal, tax and banking and financial system; multiple tax planning, control of overseas assets, trade, e-commerce operations, high-tech companies (effective tax rate of 2.5% etc. in the EU business operations and circumventing barriers to trade and investment. Corporate income tax 12.5%.
The company is under the jurisdiction of Cyprus and in Cyprus taxes, bank account information, financial information is protected by local laws and is not authorized to be viewed in other countries.
dominica
Dominica - neglected tax haven, Dominica is an important tourist destination in the Caribbean, known as the back garden of the United States, attracting 5 million European and American tourists to vacation every year, and is also favored by many celebrities and sports figures, and has become a popular tourist destination.
Dominica has free trade agreements with both the United States and the European Union, and most goods are exempt from taxation. Dominica has 62 free trade zones, and opening companies in the region can be exempt from many taxes, such as the preferential treatment of processing export zone manufacturers for 15 to 20 years of exemption from income tax for profit-making enterprises, and the longer tax holiday period in remote areas. All export products are exempt from customs duties.
Opened an offshore company in Dominica, did entrepot trade, had no foreign exchange controls, and had low local labor costs. Banks have Citi, and the Bank of Scotland protects investors' accounts in a big way.
49 percent of foreigners who invest and do business in Dominica are Americans, and the investment prospects are still worth affirming.
Gibraltar
Gibraltar, as a British overseas territory, exercised internal self-government on the basis of the 1969 Constitution and was headed by the House of Assembly, while the British Crown appointed the Governor-General and Commander of the Garrison to be responsible for Gibraltar's foreign affairs, defence and security. Gibraltar joined the European Community in 1973 and became a British dependency under article 227, paragraph 4, of the Treaty of Rome. Gibraltar is special within the European Community because of its preferential tax policies such as common tariff exemptions, agricultural tax exemptions and VAT exemptions.
In 1985, thanks to the opening of Gibraltar's border with Spain, Gibraltar's tourism and investment industries developed rapidly. This was followed by the entry of a large number of multinational banks and insurance institutions.
Gibraltar has an advanced modern postal and communication system, especially gibraltar's cooperation with the Nynex Group of the United States, which makes Gibraltar enjoy advanced digital fiber optic communication technology. On the other hand, this has also stimulated the development of large industries in the local area, and the annual tax collected is also quite considerable.
Since the port of Gibraltar enjoys a free port, the world's major transport routes pass through it, and the related passenger and freight industries have also flourished here.
The Gibraltar Stock Exchange "GibEx" was officially opened in May 2007. The stock exchange is supported by the Vienna Stock Exchange and the Bank of Medici, and has a good and stable partnership with Van der Moolen NV. Van der Moolen NV is the fourth largest tradable security supplier on the New York Stock Exchange.
In Gibraltar, companies pay a flat tax of £100 per year as long as they do not conduct business in the area.
Grenada
Grenada is a young and dynamic country that attracts about 400,000 overseas visitors a year, with good natural conditions, and is located in the heart of four continents of North America, South America, Europe and Africa, which is the gateway to the world, enjoying the free trade agreements of Caribbean organizations and institutions, and is an ideal place to do business full of opportunities. A large number of preferential business policies, such as import and export trade tax reductions, export trade allowances, Caribbean trade exemptions, etc., have contributed to this beautiful island country becoming an offshore tax paradise, holding companies, exempt companies, property trusts, offshore funds set up.
Guernsey
Guernsey maintains a special relationship with the EU, which makes it impossible to face EU trade barriers when it comes to physical exports. On the other hand, and unless voluntarily accepted, Guernsey is not required to comply with other EU rules and directives.
Guernsey has 50 years of experience in serving clients around the world and is able to offer a wide range of financial products and services. Guernsey is home to 39 licensed banks with deposits of more than £114 billion (US$176 billion); investment fund businesses worth more than £274 billion; investment management and securities brokerage with assets above £81 billion; and more than 150 trustees holding assets above £350 billion through trusts and businesses.
In addition, the island has an international commercial pension business; as well as captive insurance business. Supporting these businesses is a network of services that includes actuaries, tax advisors, investment advisors, accountants and lawyers.
Hong Kong, China
Hong Kong, China, has a sound legal system, using its popularity, easy to obtain international credit; as an international financial center, has a diversified financing channel; no foreign exchange control, free entry and exit of funds, all kinds of foreign currencies can be exchanged and transferred, the letter of credit business is convenient and fast; the scope of business is unrestricted, the follow-up service is simple; the tax system is simple, the tax rate is low (involving profits tax, the tax rate is 16.5% of profits), and the profits tax is declared once a year.
Hong Kong's tax rates are quite low, and income or profits earned from other places are not taxed, and are regarded as tax havens by some institutions or individuals.
Israel
Israel is a developed capitalist country. Since its founding, Israel has been committed to scientific and engineering research, with a high degree of industrialization and overall economic strength. In addition to this, Israel is one of the world's most competitive economies, one of the world's most resilient and technologically advanced market economies, with a large talent and workforce further consolidating it as an ideal investment.
Under the Provisions of the Israeli Companies Act 5759-1999 (the Companies Act), any person may set up a company in Israel. The primary purpose of a company cannot be unlawful, immoral or contrary to public order. A company in Israel may have a single shareholder and a single director, and both the shareholder and the director may be non-Citizens or Residents of Israel.
Japan
Japan's offshore financial market is designed to imitate the IBFs of the United States. The market is not subject to reserve requirement and deposit insurance requirement, no interest withholding tax, no interest rate control, but still subject to local taxes and stamp duty. In addition, bond business and futures trading are not possible in this market.
Participants in Japan's offshore financial market are limited to authorized foreign exchange banks approved by the Ministry of Finance. When the market was first established, 181 banks were allowed to engage in offshore finance business, and by December 1988, the number of participants had increased to 187, of which 73 were foreign banks. These banks complete transactions through Forex brokers.
The trading market in Japan's offshore financial market is not limited to the Japanese yen, and other currencies can also be traded. But yen trading accounts for the majority of offshore financial markets.
British Jersey Islands
Because of its relaxed legal system, it has attracted a large number of European financial institutions. Its subordinate Normandy Islands provides shelter to 225 banks and 820 investment funds.
Labuan (Malaysia)
The Federal Territory of Lalayah (Wilayah Persekutuan Labuan) is a federal territory of Malaysia in the northeastern part of Sabah. Labuan means "good port" in Malay. Labuan is a free port and tourist destination, as well as a popular international offshore financial centre. Labuan Centre for International Trade and Finance (LBFC) is a special economic zone established by Malaysia in 1990. At a time when the international market is becoming stricter, some offshore financial centers known for their low tax system and loose management are facing great transformation challenges, and it is precisely because of Labuan's own pro-business policies and low tax rates that labuan's own advantages have been highlighted.
Liechtenstein
The Principality of Liechtenstein, abbreviated as Liechtenstein, is a small landlocked country in central Europe, Liechtenstein is one of the world's official language is German but has no border with Germany, maintaining a constitutional monarchy, no conventional army in the country, customs duties are administered by Switzerland. Liechtenstein, although the land is small and the population is small, but has a high level of national income, Liechtenstein industrial development industry is the pillar of the national economy, mainly metal processing, machinery, instrument manufacturing, ceramics, chemicals, medicine, electronics, textiles and food processing. There are 593 state-owned industrial enterprises, and more than 95% of industrial products are exported. The low tax policy and the Bank Secrecy Act have accelerated the development of the financial sector, but at the same time made the list a "tax haven".
London
The UK is one of the few economic powers in the world. London is the world's two largest international financial centers after New York, the United States, as a capitalist country, the economy and law are very developed, and the degree of free trade is quite high. At the same time, the UK has signed bilateral tax agreements with a large number of countries and regions, laying a stronger foundation for trade with other countries.
The UK does not allow direct administrative intervention in the economy, which is equivalent to giving investors a lot of freedom.
Note: In the UK, even if an individual holds British nationality, he or she is not subject to tax on the amount as long as the income earned from a foreign country is not brought back to the UK.
Luxembourg
Luxembourg companies are the gateway to Europe and one of the holding tools for global investments, with a reputation of more than five stars, a sound financial system, and a rich and flexible bilateral tax treaty making the registration of Luxembourg companies an option for clients to invest and operate overseas. The geographical environment is good, located in the heart of Europe near Frankfurt and Paris, with easy access to Germany, France, Belgium and the Netherlands.
There is a relatively safe and stable environment for members of Europe's important economic and competent departments. There is a well-known banking industry in Europe, the 7th largest financial center in the world. Anonymous and secure banking services are available to foreign companies and investors. Tax exemptions can be provided for foreign companies and preferential tax regimes for multinational companies. Encourage the use of relevant Luxembourg-China tax agreements to recognize tax rates that may fluctuate in China. Chinese products enjoy preferential customs policies in Luxembourg.
Macau, China
Registered trading companies in Macao can achieve tax savings by transferring prices; after registration, Macao companies can return to the mainland to invest in the name of the company to enjoy preferential treatment; establish overseas companies as brands with high credibility; registered capital does not need to be in place; Macao's legal system is sound and stable; bank accounts can be opened in banks in the world; follow-up services are simple; Macao companies have a high degree of transparency, and company information can be checked in the Commercial Register Bureau, but the online search cannot be made because the Commercial Register Bureau does not have a website.
Malta
"Four-in-one" countries: Schengen countries, European Union countries, euro countries, Commonwealth member states. Holders of Maltese passports allow you to travel freely between Europe and commonwealth countries without the need for a visa.
Stable economic situation: Since joining the EU in May 2004 and introducing the euro on 1 January 2008, Malta has entered a larger financial market with lower interest rates, and the economy operates more strictly by the EU. At the same time, in addition to exchange rate risk, transaction costs are reduced and a good environment is created for foreign investors.
European tax havens: no inheritance tax, no global taxation. Malta's tax collection system is very favorable for residents. Income brought into Malta is subject to a 15% tax, while foreign income is not taxed, and physical assets brought into Malta within six months of immigration approval are not taxed.
The social security system is relatively complete: the implementation of free education, free medical care and retirement insurance system.
Marshall Islands
The Marshall Islands are located between Indonesia and Hawaii, in the eastern part of the Western Pacific Archipelago. Marshall is the third largest flag nation in the world, with offshore company registrations growing at a rate of 20% per year and a worldwide reputation for quality and management. Companies incorporated in the Marshall Islands facilitate real estate investments, securities trading, trust and property investment plans including asset protection, joint venture operations, and raising capital from world markets over the listing of shares.
Marshall is one of the well-known offshore registered places, with a stable economic and trade environment, good financial legal facilities, and free and unrestricted transfer of shares. Since 1996, Marshall has taken a number of reform measures, including the introduction of market mechanisms, the development of tourism and fishery resources, the attraction of foreign investment, layoffs, etc., which have played an important role in improving the economic situation of Malaysia.
Mauritius
Mauritius has excellent communication facilities, with well-known multinational accountancy firms setting up offices in the country and a growing number of international banks operating there. The Mauritius financial and insurance market is free and open. Foreign banks and insurance companies may register and operate in Mauritius with approval; bank interest rates are liberalized at the discretion of the commercial banks; there is no exchange control, and the local currency, the rupee, is freely convertible with foreign currencies.
Mauritian companies can be exempted from corporate tax, income tax, profit tax, asset tax and other taxes; can buy and sell property by company name; no foreign exchange control, open to capital investment, can flow in and out of the company in both directions, allowing foreigners to control; do not have to submit company accounts every year; provide privacy protection for enterprises, do not disclose the identity of corporate beneficiaries; do not need to go through tax declarations and financial statement declarations every year; Mauritius has signed bilateral tax agreements with more than 20 African countries; in Mauritius, you can use currency, you can use foreign exchange to pay taxes.
Panama
Panama's location in Central America allows for the rapid registration of a company and the many favorable legal measures that eliminate business owners' fears that their behavior does not comply with international regulations. It has hundreds of banks and thousands of registered companies.
Philippines
The Philippines is an island nation located in the western Pacific Ocean of Southeast Asia, consisting of about 7,100 islands and islets. A multi-ethnic archipelago of Southeast Asia, the Philippines is a member of ASEAN and one of the 24 members of the Asia-Pacific Economic Cooperation (APEC). The tertiary industry in the Philippines is prominent in the national economy, and agriculture and manufacturing also account for a considerable proportion. At present, China is already one of the Philippines' trading partners and one of the main sources of foreign investment in the Philippines.
The Philippines is rich and diverse in natural resources; income tax-free, reasonable tax avoidance; and has english-proficient human resources.
The Philippines is the fourth largest English-speaking country in the world, with more than 92% of the population able to communicate fluently in English. English has a long history in the Philippines, with a population of over 100 million and great market potential; enjoys multinational tariff preferences, and the United States, the European Union and Japan and other countries give corresponding preferential tariff treatment to Philippine export products; financial enterprises do not need to apply for financial licenses, if investors register financial companies, the company can carry out business after establishment, no longer need to apply for financial licenses; reduce or waive taxes on raw materials used to manufacture, process or produce export goods, import equipment parts tariffs.
Puerto Rico
Puerto Rico is a relatively attractive offshore jurisdiction, with companies consisting of non-residents considered foreign or offshore, and companies are subject to the General Companies Act of 2009, under which non-residents have multiple benefits and incentives for using Puerto Rican companies.
Puerto Rico is located in the northeast of the Caribbean Sea and has its advantages, such as special tax breaks and protections for special industries, enjoying a high degree of privacy and security, so it has attracted widespread attention from foreign countries.
Samoa
Samoa is made up of two archipelagos and several small islands, located in the South Pacific Ocean, east of the International Day Line, and about equal to Honolulu in the United States and Sydney in Australia.
Samoa has a modern international communications network, including telegraph, fax, international direct dial satellite communications are very convenient. There are also international routes to Australia, New Zealand and neighbouring Pacific islands.
The island is a place where the economic and trade environment is stable, and there are good financial legal facilities to facilitate the establishment and development of various financial institutions, insurance institutions and foundations.
Seychelles
Seychelles is a tax haven in the Indian Ocean, with a total of 115 islands in the Seychelles archipelago. Seychelles is an offshore tax haven whose economy is largely dependent on agriculture and tourism. Seychelles encourages investment in these islands by encouraging foreign investment, and Seychelles' offshore financial sector] attracts a share of investment in the country.
Seychelles has attractive features as a tax haven, attracting thousands of clients to register Seychelles offshore companies. An offshore company in Seychelles is a tax-exempt entity in an offshore jurisdiction. Seychelles offshore companies will not pay taxes to Seychelles on income earned outside the company. This means that Seychelles companies do not pay income tax or corporate tax, as well as capital gains tax or withholding tax. Offshore companies in Seychelles pay registration fees and annual licence renewal fees within their jurisdictions. Companies in The Tongues are also exempt from stamp duty. Other benefits of including an offshore company include affordable licensing fees and a quick offshore company registration.
Singapore
In the world's financial centers, other offshore financial centers are plagued by various forms of substantive economic law, Singapore is not only not affected, but also ushered in more capital to settle in Singapore, which also shows the resilience and stability of Singaporean companies. Singapore was a well-known free port before becoming the place of incorporation for offshore companies. Therefore, Singapore has the opportunity to learn from the mature offshore company management system and improve it according to its own development needs. In particular, Singapore has imposed some restrictions on newly registered companies.
Saint Kitts and Nevis
St. Kitts and Nevis is currently one of the sought after jurisdictions, offering well-known offshore banking and insurance possibilities, as well as offshore company formation with strong and asset protection provisions. St. Kitts and Nevis has a reputation among Caribbean islands and is now considered a forefront of offshore company registration.
Saint Kitts and Nevis is fully committed to safeguarding the privacy and protection of those involved in legitimate business practices. Neither Nevis nor St. Kitts has been affected by tax evasion reports as many other offshore jurisdictions in the past.
St. Kitts and Nevis offshore companies are exempt from tax on income generated in other parts of the world outside Nevis. There is no income tax, and there is no inheritance tax, inheritance tax, gift tax, customs duties or capital gains tax.
Saint Vincent and the Grenadines
Saint Vincent and the Grenadines is located in the southern part of the Windward Islands in the Lesser Antilles in the Caribbean Sea, between Saint Lucia and Grenada. Saint Vincent is 346 square kilometres, while the Grenadines Archipelago is made up of 32 small islands with an area of 43 square kilometres. The economy is dominated by agriculture, with bananas as the main cash crop. Saint Vincent and the Grenadines is a producer of kudzu powder. Offshore finance and tourism occupy an important position.
The Financial Services Bureau regulates the international financial services industry and non-bank financial institutions in accordance with various regulatory legislation and international practices to ensure that these sectors are in good standing and contribute to economic and social development.
Switzerland
Switzerland is one of the countries of Central Europe, divided into 26 cantons. Switzerland is a very rich and highly developed capitalist country, one of the most stable and economically developed countries in the world. It has a stable economic environment in Europe, bringing together scientific and technological technologies, relaxed tax policies, friendly business environment and other factors.
No exchange controls; the world's richest countries; the ever-expanding scale of foreign trade, favourable international market conditions; a stable economic and trade environment; a pool of Central and Eastern European markets with deep experience; a high degree of integration, solid links between Switzerland and Europe; a high level of productivity and a broadly skilled workforce; and a modest tax burden tax rate.
Note: New Swiss immigrants can negotiate with the area of their new residence regarding taxable income. Generally, the taxable income would be five times the rent of the dwelling.
Thailand
Thailand is located in the ASEAN belt and is the logistics and trade center of ASEAN, and Bangkok is the air, road, railway and water transportation hub in Southeast Asia.
With the development of Southeast Asia, as well as the "Belt and Road" policy, a large number of domestic enterprises and investors have attracted to Southeast Asia. Among them, Thailand has become one of the choices. In recent years, many people have chosen to go to Thailand to register their companies. The local economy has also begun to develop rapidly, tourism, overseas study, immigration, etc.
Turkey
Turkey is one of the fastest growing economies in OECD countries, and good infrastructure and a competitive workforce are two other reasons why investors choose Turkey to do business and register a Turkish company.
As a free-market-oriented Western market and the 31st largest exporter in the world, Turkey's main exports are clothing, food, metal products, textiles and transportation equipment.
The country also has a favourable tax system, with incentives and tax benefits for those who open companies in certain free zones. Incentives also apply to research and development activities, strategic investments or large-scale investments.
Turkey is a European country close to Asia and is a springboard and bridge into Europe. Turkey is open to the outside world, advocates economic and trade freedom, has no exchange controls, and encourages foreign investment.
Vanuatu
Vanuatu is a member of the Commonwealth, the South Pacific Forum, the Pacific Community, the World Bank, and the Asian Development Bank. Vanuatu is fully open economically, a zero-tax haven, unlimited movement of funds, no exchange controls, low costs for incorporation and later maintenance, and the company of overseas merchants is protected by local laws. In addition, the confidentiality of personal information and registered company information in The Republic of Kazakhstan also pays attention to protection.
Vanuatu will not disclose local accounting information to foreign or law enforcement agencies. Interest tax on income, withholding tax, capital value-added tax, inheritance tax, and no exchange control are imposed.