Blog
Hurricane Irma Update: Full Restoration of BVI Registry
As you are all aware the BVI has been severely impacted by Hurricane Irma as the hurricane travelled directly over the island. We would like to bring you up to date with the current state of affairs from an Osiris perspective. We have located most of our staff bar 3…
The Most Powerful Atlantic Ocean Storm In Recorded History
Miles Walton our Group Managing Director, who resides in Nanny Quay, Tortola, BVI, made contact with us in the early hours of this morning via satellite phone. The devastation from Hurricane Irma is dire, and at present Miles is unable to leave his house. As yet there has been no…
The Hong Kong Occupational Retirement Scheme Ordinance
The Occupational Retirement Schemes Ordinance (“ORSO”) came into force on 15 October 1993, and is the governing legislation for the regulation of voluntary occupational retirement schemes operating in or from Hong Kong. The ORSO aims to regulate the retirement schemes industry through a registration system to ensure that all voluntarily…
From Mara Delta to Grit and Association with Osiris
Mara Delta Property Holdings Ltd have announced in July 2017 its change of name to Grit Real Estate Income Group Limited, and the reason behind the name change is part of Grit’s strategy to expand its presence onto the African continent. Grit is seen as a low-risk investment company and…
Income Tax changes for South Africans Working Abroad
Proposed changes to the exemption on foreign-earned income, announced in the recent budget (on February 22 by former finance minister Pravin Gordhan at the 2017 National Budget) and how it will affect South Africans who work overseas, has become quite the controversial topic. Under the current rules, South Africans who…
Res Non-Dom Changes to Proceed in UK
In our article dated 1st May 2017 ‘Hold on Changes to UK Taxation of Res Non-Doms’, we noted that the proposed changes to the UK taxation of non-domiciliaries, which were to take effect from 6 April 2017, had recently been put on hold due to a shortage of Parliamentary time…
Relocation Services to Mauritius
Mauritius as a relocation destination offers the ideal package with its political stability, cultural diversity, low tax rates and sustained economic growth. Foreign nationals who wish to relocate to Mauritius may select from various options such as the Occupation Permit, the Residence Permit, Permanent Residence permit, Investor Permit and Retirement…
Mauritius Signs the Multilateral Convention to Implement Tax Treaty
On the 5th of July 2017 Mauritius signed the “Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting”, at the Organisation for Economic Co-operation and Development (OECD) Headquarters in Paris as a commitment to the international movement to fight tax evasion and base erosion. The Multilateral…
Mauritius Means Business With Its New Budget
No longer just a tourist destination, this little island is flourishing. Through its 2017/18 Budget Speech, Mauritius has emphasised its commitment towards invigorating corporate growth, expanding social programmes, and stimulating the development of small businesses. With a projected growth rate of 4.1% expected during the next financial year, the Mauritian…
South Africa Demise of 183-Day Exemption. Should I Emigrate And If So, Where?
For years, South Africa has offered an exemption from tax in respect of South African residents who worked outside of South Africa for at least 183 days a year, including at least of one stint of 60 days. They would remain taxable in respect of any income earned in the…