Tax havens "blacklisted" by the European Union

December 5, 2017, in the meeting Brussels, the 28 Finance Ministers of the European Union drew up a “black list” of 17 tax havens operating offshore. 1/This blacklist includes: Bahrain, Barbados, South Korea, United Arab Emirates (Abu Dhabi, Dubai, Ajman, Sharjah, Fujairah, Ras al-Khaimah and Umm al Qa’ayain), Grenada, Guam, Marshall Islands, Macau, Mongolia, Namibia, Palau, Panama, Samoa, American Samoa, …

New Law Seychelles IBC International Business Company 2016

New Law Seychelles IBC International Business Company 2016

As of December 1, 2016, the new IBC Act (IBC ACT 2016) comes into force, resulting number of significant changes to comply with new international standards, including OECD Transparency and Exchange of Information for tax purposes and the FATCA, as well as to improve the attraction of Seychelles as a jurisdiction. In compliance with OECD international standards additional registers will …