Special
Reports
With its low tax, business friendly ‘E-Zone’ legislation, advanced telecommunications infrastructure, and sophisticated business environment, the Caribbean island of Curaçao is now a very attractive proposition for e-commerce companies...
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full report »
The rapid advances in communications
technology and the growth of the Internet
over the past decade means that it is
now possible to conduct business from
virtually anywhere on the planet.
Read
full report »
Special
Reports
by First Atlantic Commerce, Bermuda
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KNOWLEDGEBASE
FACT
FILE
A thorough reference
file of up-to-date information compiled by our
expert editors and arranged in easily accessible
sections. The fact file covers taxation and regulation
of offshore e-commerce, the facilities and services
needed, and reviews the business sectors and functions
which can make use of offshore e-commerce
- Taxation
of Offshore E-commerce
- Regulation
of Offshore E-commerce
- Offshore
E-commerce Facilities
- Offshore
Professional and Financial Services
- Offshore
E-commerce Applications
JURISDICTIONS
The jurisdictions
section of Offshore-e-com.com has in-depth analyses
of e-commerce in three leading jurisdictions -
Bermuda, Gibraltar and the Isle of Man - and has
links to summaries of e-commerce development in
25 other offshore jurisdictions
- Jurisdictions
Menu
E-COMMERCE
GLOSSARY
The Offshore-e-com.com
glossary explains the meaning of many abbreviations
and technical terms met with in offshore e-commerce
- Full Glossary
BUSINESS
GUIDE
No-one likes to pay
too much tax, and the overall burden of tax in
the world's larger business jurisdictions is heavy
not just in itself, but also imposes substantial
and worsening administrative burdens on a business.
Regulation in general just gets more and more
complex, in addition.
Prior to the Internet, there was little that most
types of business could do to rduce tax and regulation,
although individual owners were often able to
go 'offshore' with the proceeds of their work,
and increasingly did so as tax levels rose. Individual
tax levels have fallen back to some extent, and
in some countries, but the taxman has become more
efficient, and the classical equation of working
onshore and enjoying offshore becomes ever harder
to sustain.
The Internet has
changed the equation, and this site attempts to
explain why and how almost all businesses can
substantially reduce their tax bills and preserve
wealth by taking advantage of offshore e-commerce.
This section in particular offers practical help
in choosing a jurisdiction and in setting up an
offshore e-commerce operation.
E-SHOP
BASICS
Describes how to
go about setting up an entry-level e-commerce
retailing operation, in case you want to do it
yourself.
LOCATION
Describes the criteria
that should be applied to choosing an offshore
jurisdiction.
GETTING
STARTED WITH OFFSHORE E-COMMERCE
Describes the criteria
that should be taken into consideration when starting
an offshore e-commerce operation.
CASE STUDIES
There are so many
variable factors in the situation of each company,
including business sector, ownership structure,
country of origin, size, capital structure and
level of profitability, to name just some, that
it is hardly possible to illustrate the principles
of offshore e-commerce in any general way. Still,
case studies can show typical sequences of steps
needing to be taken when going offshore, even
if the detail will be different in each case.
The six case studies
in this section cover six of the more likely business
situations in which offshore has a lot to offer;
but the truth is that the Internet has made it
possible for almost every business in a high-tax
country to get advantage offshore.
For direct assistance
with establishing an offshore e-commerce operation,
see our E-commerce Business Guide.
- Electronic
Products Business to Business Case Study
- Electronic
Products Consumer Case Study
- Physical
Products Business to Business Case Study
- Physical
Products Consumer case Study
- Offshore
Banking and Financial Services Case Study
- Offshore
Corporate Functions Case Study
SPECIAL REPORTS
Special Features
on E-Commerce in Guernsey & Ireland, Gibraltar
& Dubai, and Mauritius and Netherlands Antilles
are available in the Reports
Library along with other previous Special
Features.
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EU Proposes Comprehensive Data Protection Reforms, by Ulrika Lomas, LawAndTax-News.com, Brussels
Last updated 19 hours ago | Friday, January 27, 2012
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| European Justice Commissioner Viviane Reding has proposed a comprehensive reform of the European
Union 1995 data protection rules to strengthen online privacy rights and
boost Europe's digital economy.
[
FULL STORY ] |
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European Commission Prepares New IP Directive, by Ulrika Lomas, Tax-News.com, Brussels
Last updated 45 hours ago | Thursday, January 26, 2012
|
| European Commissioner Michel Barnier has confirmed that the Commission is closely
monitoring developments both in European Union member states and in other countries
in the field of intellectual property rights and online piracy, including the
current debate in the US Congress on proposed legislation.
[
FULL STORY ] |
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Ireland Launches Immigrant Investor Programme, by Jason Gorringe, Tax-News.com, London
Last updated 46 hours ago | Thursday, January 26, 2012
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| The Irish government is to introduce two major new immigration initiatives aimed at encouraging non-European migrant entrepreneurs and investors.
[
FULL STORY ] |
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US Anti-Piracy Bills Delayed, by Glen Shapiro, LawAndTax-News.com, New York
Wednesday, January 25, 2012
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| Following protests in the United States, current discussions in Congress on the
proposed Stop Online Piracy Act and PROTECT IP Act have been postponed
in both the House of Representatives and the Senate, respectively.
[
FULL STORY ] |
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Protests Grow Against US Anti-Piracy Bills, by Glen Shapiro, LawAndTax-News.com, New York
Friday, January 20, 2012
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| A number of websites, including Wikipedia, Google, Facebook, Mozilla and Reddit,
have joined in a protest against the pending Stop Online Piracy Act and
PROTECT IP Act in the United States House of Representatives and Senate,
respectively.
[
FULL STORY ] |
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EU Issues E-Commerce Action Plan, by Ulrika Lomas, LawAndTax-News.com, Brussels
Wednesday, January 18, 2012
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| As part of the European Union’s Digital Agenda and the Single Market Act,
and in response to the request from the European Council to submit a roadmap for
the completion of the Digital Single Market, the European Commission has adopted a Communication presenting targeted initiatives aimed at doubling
the share of e-commerce in retail sales by 2015.
[
FULL STORY ] |
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ICANN Begins Domain Names Shake-Up, by Glen Shapiro, LawsAndTax-News.com, New York
Tuesday, January 17, 2012
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| Despite misgivings being expressed from some quarters, the Internet Corporation
for Assigned Names and Numbers has gone ahead with the planned launch
of a new generic top-level domain space, one of the biggest-ever changes
to the internet’s domain name system.
[
FULL STORY ] |
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Indiana Reaches Sales Tax Agreement With Amazon, by Leroy Baker, Tax-News.com, New York
Tuesday, January 10, 2012
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| Mitch Daniels, Governor of the US state of Indiana, has announced that the state has reached an agreement with Indiana’s largest online retailer, Amazon.com, Inc., to begin collecting Indiana sales tax on internet purchases - the fourth state to reach such an agreement with the online retail giant.
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FULL STORY ] |
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FTC Warns ICANN On New Internet Domain Names, by Glen Shapiro, LawAndTax-News.com, New York
Friday, December 23, 2011
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| The United States Federal Trade Commission has written a letter to the Internet
Corporation for Assigned Names and Numbers, the organization that oversees
internet domain names, expressing concern that the latter's plan to expand the
domain name system could leave consumers more vulnerable to online fraud.
[
FULL STORY ] |
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Jersey To Invest In Super-Fast Broadband, by Jason Gorringe, Tax-News.com, London
Thursday, December 15, 2011
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| Jersey's Treasury Minister, Phillip Ozouf, has proposed plans to provide funding
worth GBP19m (USD30m) to Jersey Telecom to upgrade the island's Internet infrastructure with fibre optic technology to facilitate 1 gigabyte
broadband speeds for island businesses.
[
FULL STORY ] |
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AGCC Reviews Full Tilt Poker Decision, by Jason Gorringe, Tax-News.com, London
Tuesday, December 13, 2011
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| The Alderney Gambling Control Commission has announced that it is to commission
an independent, external review of its actions and processes leading up to the
suspension of the licenses belonging to the companies trading as Full Tilt Poker.
[
FULL STORY ] |
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Doubts Expressed On US-EU Data Protection Cooperation, by Ulrika Lomas, LawAndTax-News.com, Brussels
Thursday, December 08, 2011
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| In remarks to the 2nd Annual European Data Protection and Privacy Conference in
Brussels on December 6, Viviane Reding, Vice-President of the European Commission
and the European Union Justice Commissioner, spoke on the future of data
protection and transatlantic cooperation with the United States.
[
FULL STORY ] |
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Alderney Reports Boost In E-Gambling Licences, by Jason Gorringe, Tax-News.com, London
Monday, December 05, 2011
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| The Alderney Gambling Control Commission has reported better than expected growth in the
island's Internet-related economy, in terms of the e-gambling applications received and licenses
granted over the course of 2011.
[
FULL STORY ] |
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Operators Challenge Incoming Greek Gambling Regime, by Ulrika Lomas, Tax-News.com, Brussels
Friday, December 02, 2011
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| The European Gaming and Betting Association and the Remote Gambling Association
have filed a complaint with the European Commission on Greece's controversial,
recently-adopted online gambling law, which would allow the provision of taxed
gambling services.
[
FULL STORY ] |
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US Congress Grapples With Online Sales Tax Quandary, by Mike Godfrey, Tax-News.com, Washington
Friday, December 02, 2011
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| The United States House of Representative Committee on the Judiciary
held a hearing on November 30 on the limitations on states’ authority
to collect sales taxes on e-commerce, and received conflicting advice from such
internet businesses as Amazon.com and eBay Inc.
[
FULL STORY ] |
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EU Proposes Online Dispute Resolution Law, by Ulrika Lomas, LawAndTax-News.com, Brussels
Thursday, December 01, 2011
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| The European Commission has unveiled a package of measures to ensure that European Union consumers can solve problems with suppliers without going to court, and to create a single online platform which will allow the solving of contractual disputes entirely online.
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FULL STORY ] |
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EU Court Decides Against Internet Filtering, by Ulrika Lomas, LawAndTax-News.com, Brussels
Monday, November 28, 2011
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| The European Court of Justice has refused to approve the imposition of an
injunction by a national court within the European Union which would have
required an internet service provider to install a filtering system with
a view to preventing the illegal downloading of files.
[
FULL STORY ] |
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Sarkozy Eyes New Anti-Piracy Law, by Ulrika Lomas, Tax-News.com, Brussels
Thursday, November 24, 2011
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| During a recent forum on culture in the digital age in Avignon, French President
Nicolas Sarkozy underlined the need to extend the fight against Internet piracy
to online streaming.
[
FULL STORY ] |
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Reding Pushes EU Optional Contract, by Ulrika Lomas, LawAndTax-News.com, Brussels
Monday, November 14, 2011
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| During her speech at a conference on European contract law in Warsaw, the Vice-President
of the European Commission, and European Union Justice Commissioner,
Viviane Reding, pointed to the proposed optional Common European Sales Law as
a means of energizing cross-border trade and contributing to economic growth.
[
FULL STORY ] |
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Channel Islands Challenge LVCR Decision, by Jason Gorringe, Tax-News.com, London
Thursday, November 10, 2011
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| The governments of the Channel Islands, Guernsey and Jersey, have released
statements in response to the UK Treasury's announcement that from April 1, 2012,
Low-Value Consignment Relief will no longer be offered to goods exported to
the UK market from the Channel Islands.
[
FULL STORY ] |
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Canada, Costa Rica Look At Improving FTA, by Mike Godfrey, Tax-News.com, Washington
Wednesday, November 09, 2011
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| Negotiations have begun between Canada and Costa Rica on the proposed modernization of their existing free trade agreement, it has been announced.
[
FULL STORY ] |
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EU Looks For Stronger Data Protection Rules, by Ulrika Lomas, LawAndTax-News.com, Brussels
Thursday, November 10, 2011
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| The European Justice Commissioner Viviane Reding (pictured) and the German Federal Minister
for Consumer Protection, Ilse Aigner, have held a meeting in Brussels to discuss
the way forward for strengthening the data protection rules in the European Union
(EU), which currently date back to 1995.
[
FULL STORY ] |
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UK Deals Tax Blow To Channel Islands, by Amanda Banks, Tax-News.com, London
Thursday, November 10, 2011
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| The UK government has announced that from April 1, 2012, Low Value Consignment Relief will no longer apply to goods sent to the UK from the Channel Islands.
[
FULL STORY ] |
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US Senators Seek To Protect Online Retailers, by Mike Godfrey, Tax-News.com, Washington
Tuesday, November 08, 2011
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| A bipartisan 'Sense of the Senate' Resolution has been introduced
in an attempt to counteract efforts within the United States Congress, and by
some states, to impose sales taxes on out-of-state online retailers.
[
FULL STORY ] |
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Ireland Launches International Start-Up Fund, by Jason Gorringe, Tax-News.com, London
Wednesday, November 02, 2011
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| The Irish government has launched a EUR10m International Start-Up Fund, aimed at encouraging overseas entrepreneurs to locate start-up businesses in Ireland.
[
FULL STORY ] |
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Singapore Includes Cloud Computing In Tax Incentives, by Mary Swire, Tax-News.com, Hong Kong
Wednesday, October 26, 2011
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| At a recent forum, Singapore’s Infocomm Development Authority confirmed
that businesses will, through the inclusion of related costs under the Productivity
and Innovation Credit scheme, be able to obtain significant tax benefits
for cloud computing.
[
FULL STORY ] |
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Through WTO, US Seeks Information On China’s Internet Restrictions, by Glen Shapiro, LawAndTax-News.com, New York
Tuesday, October 25, 2011
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| The United States Trade Representative Ron Kirk has announced that, under World
Trade Organization rules, he is seeking detailed information on the trade
impact of Chinese policies that may block US companies’ websites in China.
[
FULL STORY ] |
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Jersey Clarifies Position On UK LVCR Review, by Amanda Banks, Tax-News.com, London
Wednesday, October 19, 2011
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| Jersey Treasury Minister Phillip Ozouf has dismissed speculation that the Jersey government is ready to accept the loss of the UK's Low Value Consignment relief scheme, a tax break which has benefited the local economy, in return for the UK's approval of its 'zero-ten' corporate tax regime.
[
FULL STORY ] |
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EU Proposes Optional Contract Law, by Ulrika Lomas, LawAndTax-News.com, Brussels
Monday, October 17, 2011
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| Following the European Parliament’s support in June this year for an optional
European contract law, the European Commission has now proposed an optional
Common European Sales Law, Vice-President Viviane
Reding, the Justice Commissioner, has announced.
[
FULL STORY ] |
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EU Adopts Consumer Rights Directive, by Ulrika Lomas, LawAndTax-News.com, Brussels
Wednesday, October 12, 2011
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| The European Council has adopted the Consumer Rights Directive, that will establish new rules
on consumer rights to protect online shoppers, and boost consumer confidence in
buying cross-border in other European Union member states.
[
FULL STORY ] |
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OFFSHORE-E-COM.COM
