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Offshore Companies: How To Register Tax-Free Companies in High-Tax Countries

by Michael Magnusson

Offshore company formation in high-tax countries

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AlbakiReads Editorial

Offshore company formation in high-tax countries

Michael Magnusson’s book challenges the usual map of offshore finance, arguing that countries commonly viewed as mainstream financial centers can also function as tax havens. It presents company incorporation in the United States and the United Kingdom as its central subject, linking that practical focus to debates over financial privacy, tax freedom, tax competition, money laundering, and public perceptions of warmer offshore jurisdictions. The description frames these issues polemically, so the book is best understood as an argument about corporate structuring as well as a guide to incorporation. Published in 2014, it addresses an area where legal and tax rules can change; the description does not establish the current status of its guidance.

Good fit for readers who enjoy

  • Readers researching offshore company formation and international taxation.
  • Readers interested in debates about tax havens, financial privacy, and corporate structuring.

Themes

Offshore financeInternational taxationFinancial privacyTax-haven politicsCorporate incorporation

Based on publisher information and book metadata.

Book overview

Tax havens have traditionally been politically acceptable as long as they are rainy and cold places such as Delaware, the Netherlands, Ireland, and the United Kingdom. However, if you add a white sand beach and some palm trees, it becomes a different story. The tax haven becomes an offensive villain, not only guilty of "unfair tax competition" but of virtually every other thinkable evil, including money laundering, tax evasion, and all poverty on planet earth. The fact that the lion's share of international money laundering takes place in London and New York, not in the Caymans or the British Virgin Islands, is usually conveniently omitted in any debate on the subject. So if everyone from your accountant and his grandmother to the prime minister of the United Kingdom are relentlessly critical about corporate structuring under the palm trees, this is a valid reason to consider incorporating elsewhere. If you are looking for financial privacy and tax freedom, you can find this in the cold countries that like to call the warmer tax havens "sunny places for shady people." The most notorious tax haven criticism comes from the most prominent offshore tax havens in the world, the United States and the United Kingdom. This book will teach you how to incorporate tax-free companies in those countries. From the author of the international bestseller "The Land Without a Banking Law - How to Start a Bank with a Thousand Dollars".
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