/Tag:Bulgarian companies

Bulgaria eases restrictions on offshore ownership

While numerous countries all over the world are imposing new restrictions on companies registered in tax havens, the Bulgarian government has recently eased the laws governing offshore ownership. Following the recommendations of the European Commission, the new amendments of the Bulgarian Offshore Law now permit offshore entities to own up to 10% of Bulgarian companies engaged [...]

The Belgian Cayman Tax

In the beginning of 2015, a look-through tax, also known as “Cayman tax”, became applicable in Belgium. According to the Belgian tax legislation imposing the Cayman tax, certain natural or legal persons who are founders or third-party beneficiaries of offshore legal structures are obliged to pay tax on the income received through those legal structures. The [...]

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