OFFSHORE FOR RUSSIAN OLIGARCHS IS CLOSE
The movement of Russian capital from offshore to direct ownership – it is conditionally voluntary, but after the problems in Cyprus and the misadventures of Abramovich in Britain, it seemed that the fight against the unbearably acquired hidden assets of Russian oligarchs began the whole world. And now come no less encouraging news from PwC analysts, who recorded the beginning of the era of sunset offshore island. Since 2019, many Islands, known for their convenient economic and tax climate, have acquired laws that make them less convenient for companies that are accustomed to “work” without offices and employees. …
