Publisher Opus Operis releases a new book: “Offshore Companies – How to Register Tax-Free Companies in High-tax Countries” by Michael Magnusson, the author of the international bestseller “The Land without a Banking Law – How to Start a Bank with a Thousand Dollars(more…)

 

New Zealand is generally perceived as a high tax country and consequently has not been a target in the international campaign against offshore tax havens. However, New Zealand offers secretive zero tax structures for offshore activities and perhaps even more remarkable, the legal framework allows for virtually anyone to start a bank without being subject to any capital or qualification requirements. (more…)

 

Panama Securities Law by Carl Michael Magnusson.

The Panamanian Securities Commission allows brokers, investment advisors and others to take the licensing exams in English, but the Securities Act has up until now been available in Spanish only.

This is an English Translation of the Panamanian Securities Act whereby the National Securities Commission was created and the securities market is regulated in Panama. The law regulates investment advisors, brokers, administrators, custodians, public and private investment funds and investment companies. Including the following amendments: Public Law Nº 42 of October 2, 2000 Public Law Nº 29 of July 3, 2001 Public Law Nº 11 of January 30, 2002 Public Law Nº 45 of June 4, 2003 Public Law Nº 6 of February 2, 2005

Paperback: 174 pages

By Carl Michael Magnusson

ISBN-10: 1484163230

ISBN-13: 978-1484163238

Available on Amazon here

 

Offshore Tax Havens still issue International Banking Licenses
and capital requirements start as low as $25,000.00 for a restricted license issued in a highly respected financial centre.

Regulatory changes during the past few years have left only a few jurisdictions which still issue licenses for new bank startups. Some countries have stopped accepting new applications altogether while others have decided to issue licenses only to branches of internationally established banks. The few jurisdictions which do in fact welcome new private bank startups offer very reasonable qualification and capital requirements.  Minimum capital requirements start as low as $25K for a restricted Class B Banking License and from $250K for an unrestricted international license. Please visit www.offshore-bank-license.com for further details.