If you're ready to start up a new small business, choosing the right structure for your business should be one of the first items on your to-do list.
Shell companies, offshore accounts, beneficial ownership, bearer shares, nominees. Tax havens.
Once upon a time, these were concepts rarely discussed outside boardrooms and academia.
Today, they are well and truly part of the public conversation, following the extensive media coverage of recent events such as the Panama Papers data leak.
More so than ever, I have found the topic of tax havens popping up in conversations with curious clients, colleagues, family and friends. Most have read how the mega-wealthy, huge corporations and criminal networks can use them to hide assets and avoid tax. Yet, what I’ve often found they are really interested in understanding, is the juncture between small business and tax havens.