Why Incorporate an Offshore Tax Haven Company? An Offshore, International Company is commonly set up in a tax haven like the British Virgin Islands, Bahamas, Caymans Islands etc, where there are no corporate or personal income taxes, capital gains taxes, reporting requirements, or restrictions on company employment policies. As the “world” becomes global, fewer businesses … Read more
Until the worst happens, we tend to consider ourselves immune to catastrophes. However, sooner or later, you may have to face a critical situation in your life. Sickness, loss of a job, a flood, a car accident, or poverty can happen to anyone. Misfortune may knock on your door without warning. If it catches you … Read more
Islamic financial arrangements used in Islamic banking (MUSHARIKA, MURABIHA, QARDE AL’HASANA, IJAREH, MUDARABA) Author: EHSAN ZARROKH ZARROKH2007@YAHOO.COM 2007-04-06 ABSTRACT Islamic finance is an old concept but a very young discipline in the academic sense. It lacks the required extent and level of theories and models needed for expansion and … Read more
This was the title of the cover page of the prestigious magazine, “The Economist” in its issue of 10/1/98. The more involved the IMF gets in the world economy – the more controversy surrounds it. Economies in transition, emerging economies, developing countries and, lately, even Asian Tigers all feel the brunt of the IMF recipes. … Read more
The Euro-dollar market* had caused many changes to the modern financial world in which, the open competitive effect of the international money market caused the liberalization by almost all industrialized countries of domestic money and banking markets. The market acted as a fully international mechanism for attracting deposits and offering loans, over a broad range … Read more