Guest viewing is limited
  • Welcome to PawProfitForum.com - LARGEST ONLINE COMMUNITY FOR EARNING MONEY

    Join us now to get access to all our features. Once registered and logged in, you will be able to create topics, post replies to existing threads, give reputation to your fellow members, get your own private messenger, and so, so much more. It's also quick and totally free, so what are you waiting for?

⍰ ASK Do all monies of the offshore companies belong, in the final count, to Queen Elizabeth II?

No, all monies of offshore companies do not belong to Queen Elizabeth II. Offshore companies are independent legal entities that are owned and controlled by their shareholders or owners, and their assets and profits are not automatically owned by the Queen or the British monarchy.

In the case of British Overseas Territories, such as the British Virgin Islands, the Queen serves as the constitutional head of state, but she does not have direct control over the offshore companies incorporated in these territories. These territories have their own governments and legal systems, and offshore companies are subject to the laws and regulations of the jurisdiction in which they are incorporated.

It's important to note that while offshore companies may offer tax and other benefits, they can also raise concerns regarding transparency, tax avoidance, and potential involvement in illegal activities. It's advisable to carefully consider all relevant factors and to consult with a qualified professional, such as an attorney or accountant, before incorporating an offshore company.
 

It only takes seconds—sign up or log in to comment!

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Back
Top