What Is Captive Insurance and How Is It Beneficial?

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offshore financial services

Captive insurance allows large corporations to preserve their liquidity by underwriting their insurance instead of paying premiums to a third party. 90% of Fortune 500 companies carry captive insurance because it gives them control over their risk management and allows them to insure risks that other companies will not insure. The captive insurance companies offer

What You Need To Know About Opening an Offshore Business Account

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Looking to save some money? It might be time to consider taking that money offshore. By now, you’ve likely heard of offshore business accounts. Opening an account is a useful strategy that can save you big money when it comes to taxes. That is especially true for people in the midst of offshore company formation.

The Nevis Multiform Foundations Ordinance 2004

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The Nevis Multiform Foundations Ordinance 2004 Introduction Although St. Kitts and Nevis are part of one Federation Nevis has its own Legislative Assembly with autonomous powers to pass Ordinances. Committed to remaining relevant to the needs of existing and new clients the Nevis Legislative Assembly decided to enhance the jurisdiction’s product portfolio to offer better

The Nevis International Insurance Ordinance 2004

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The Nevis International Insurance Ordinance 2004 Introduction Prior to 2004 Nevis allowed reinsurance companies to be established in the territory as Nevis Business Corporations without any specific legislation relating to their regulation. In 2004 the Nevis Government, as part of an overall policy of ensuring that the jurisdiction has a regulatory regime and regulatory standards