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Offshore Tax Havens For Big Business


Guest BlueDevil

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Guest BlueDevil

Bermuda claims to have been the first tax haven based upon the creation of the first offshore companies legislation in 1935 by the newly created law firm of Conyers Dill & Pearman.

 

Originally established in Bermuda in 1928, Conyers Dill & Pearman offers true global reach, with offices across 11 countries in multiple time zones and jurisdictions. We have over 150 lawyers representing FTSE 100 and Fortune 500 clients. We advise on complex multi-jurisdictional legal issues spanning the practice areas of Corporate, Company & Commercial; Litigation, Restructuring & Insolvency; and Trust & Private Client services. No matter where in the world our clients find themselves, we pride ourselves on offering seamless, 24-hour service.

 

http://www.conyersdill.com/pages/about-us

 

The Economist has tentatively adopted the description by Geoffrey Colin Powell (former economic adviser to Jersey): "What ... identifies an area as a tax haven is the existence of a composite tax structure established deliberately to take advantage of, and exploit, a worldwide demand for opportunities to engage in tax avoidance.

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