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From the Managing Director's desk

Offshore 2.0
23/06/2015
A new era is beginning in the world offshore market. Just like in the life of a software when a new version overwrites the previous one.
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Putin and the international exchange of tax information
22/04/2015
Putin won, Putin wins, Putin will win?... Time Magazine, one of the world’s most prestigious publications, has chosen the year’s most influential person. To be precise, he was not chosen, but voted for.
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Will the world be different without offshore structures?
01/04/2015
The short and sweet answer to this is no :). And why not? Because the origin of all of the terrible sins mentioned in the same breath as offshore structures lies not in the system, but in human nature itself, which has remained unchanged for thousands of years. The desire for profit (which is totally natural) has been with us since time immemorial, with everyone wanting to win, and making use of whatever tools are necessary to do so. One such „tool” is offshore, even though this has now become something of a swear word.
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Preface - LAVECO Newsletter 2015/1.
31/03/2015
The first edition of the LAVECO Newsletter in 2015 kicks off with a question which has been troubling a lot of people: Will the world be different without offshore structures? The article is at the same time a little provocative, and also artificial, as this whole thing is not going to end, though it will go through some changes. Our article provides an interesting addition to the answer which we started writing in this Newsletter years ago.
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Won’t it be any easier next year either?
15/12/2014
My colleagues at LAVECO will probably have a little smile on their faces when I begin my Christmas toast this year. It must seem a little clichéd when the analysis of the year begins like this: “We are coming to the end of what has been a difficult year, and I don’t expect the next one to be any easier.” Clichéd or not, I have had no choice but to draw the same conclusion for a number of years now: our industry has hit a period of turbulence, and it is unlikely that we will find more favourable air for a while yet, so we can expect the “plane” to be buffeted about for some time to come.
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Old thieves, new thieves…
30/09/2014
I must admit that I don’t like reading articles that you can’t make head or tail of. The whole thing seems chaotic and it is impossible to see the logical train of thought of the author. Having said that, this particular article is going to start way back with Adam and Eve and will then be full of hazy theoretical tracts, but believe me, dear reader, it won’t be for this reason that your brow will be furrowed by the time you reach the end of the article.
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So what will offshore companies be good for, if all money will be “white”?
23/06/2014
Anyone who has not come across the difficulties in the opening and operating of bank accounts for foreign companies – and I’m not just speaking about offshore companies here – in recent years has either been as fast asleep as Sleeping Beauty or simply has not needed a bank account.
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The end of offshore: repeated ad nauseam
24/02/2014
No, the end is not here. It’s still not here. No matter how much they’ve tried to scare us over the last 20 years, saying that this year will be the last, the end hasn’t arrived in the last 2 decades, and 2014 won’t bring about that change either. Of course, the end of one era is upon us; one thing is crystal clear, and that is that what we saw over the last 20 years definitely won’t be seen in the next 20: the era of financial freedom.
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The secrets of offshore banking - part one
10/12/2013
Most of us tend to forget the fact that there is an enormous difference between the operation of the two types of bank account mentioned above. First of all, however, we should clarify exactly what we mean by offshore and onshore banking. It will be easier to understand the difference between the two if we look at the second one first.
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Cyprus: does the boomerang really come back sometimes?
01/10/2013
To be brief and to the point, the answer is yes. And there are several layers to this categorical yes which are worth exploring and taking into account when analysing the way things may develop in the future. I
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