For some time there were ongoing talks to establish a united Channel Islands registry. But Guernsey politicians were somewhat sceptical.
The prime minister of Russian Federation Vladimir Putin describes the future structural changes in the economic lifes of 3 countries the integration project of the utmost importance.
The Islands government see it as an opportunity to diversify economic base.
The world largest data networking product supplier managed to cut its effective tax rate in the USA to 17,5%. From the worldwide income corporation payed 5% in taxes.
Amendments to income taxation will erase the difference between money earned on island and elsewhere.
The profits not repatriated back to US made it possible for Windows OS maker to buy Skype and win against its competition.
There is a growing need in Russia for new wealth management instruments in a well-respected jurisdiction.
European Court’s Advocate General Niilo Jääskinen has stated that Girbaltar is and independent territory for the purposes of tax regime.
It is expected that opening Seychelles stock exhchange will give a boost to the financial industry of island country.
Last year Cyprus saw 19 000 newly registered companies. That number exceeds the one from the year before by 3000.