International Taxation

How can I take advantage of tax-residency?

There are several strategies which could be taken to reduce your tax bill. Please contact the tax experts to set up a consultation.

What is individual income-tax?

It is a tax that individuals or entities (also known as taxpayers) pay in respect of the income or profits earned by them (commonly called taxable income). Taxation rates vary by type, characteristics of the taxpayer and the type of income.

What is territorial taxation?

Taxpayers on a territorial taxation system pay according to the country where they are physically present and the income was earned.

What is corporate tax?

A corporate tax (also known as corporation tax or company tax) is a direct tax charged by an authority on the corporate business income or capital of corporations or analogous legal entities.

Which countries have the lowest corporate tax?

The following countries have a corporate tax rate of 0%: Anguilla, Bahamas, Bahrain, Bermuda, Cayman Islands, Guernsey, Isle of Man, Jersey, Turks and Caicos Islands, United Arab Emirates, and Vanuatu.

What is known as VAT or GST?

Value-added tax, also known as Goods and Services Tax (GST), is calculated according to the value of the product that the consumer acquires; it is percentage-based as the businesses add VATs to their costs to collect taxes on behalf of the governmental institutions.

What is Capital gains tax?

By selling certain kinds of values such as properties, resources, stocks, holdings or estates, you need to pay the correspondent federation a Capital gains tax out of the profit you made. It is only applied once you have sold the asset and its estimation varies according to the legislation and whether it is short or long-term.