This article aims to provide an introduction to the concepts of onshore and offshore financial centres, using as simple a language as possible. Its aim is to demonstrate that there is much more than meets the eye when discussing these types of jurisidictions. This is Part 1 of a series.
Mediterra Group can help you!
We incorporate in Malta, the UK, Dubai, Cyprus and popular jurisdictions such as the USA. We have a dedicated website for Dubai, DubaiNexus.
We can help you open bank accounts, both personal and corporate, in select jurisdictions.
We help register vessels and yachts (pleasure/commercial yachts) in certain jurisdictions. We also help release mortgages.
We help incorporate and obtain licenses for investment funds, as well as for other licensable activities, such as iGaming (certain jurisidictions).
We offer services of back office, book keeping and administration.
Our services also include counsultancy in the areas of tax and VAT.
Some jurisdictions require audited accounts. We can provide competitve rates for this service.
We love start ups! We can help start ups take their first steps into the world.
This article is the second part of the "Onshore, Offshore" debate. In the first part of the series basic concepts of onshore and offshore jurisdictions were discussed. In this second part we will enter in more detail on the different jurisdictions which exist.
Nowadays, anti-money laundering (AML) is a big concern of banks, resulting in lengthy account openings and considerable red tape. On the contrary, the business world, which appreciates speed and dislikes bureaucracy, is often caught unprepared for the ensuing whirlwind of paperwork. This results in frustration for all the parties concerned. This article explores what is happening and aims at educating the layman about what is currently happening.