Private Foundations are a unique form of legal entity which acts like a Trust and operates like a company. Following are some of the advantages of Private Foundations:
a. A Foundation is a sui generis body corporate, in existence only in Panama, Liechtenstein and Austria, but where only Panama and Liechtenstein are “offshore jurisdictions”.
b. It offers [...]
Being a unique combination of an ancient people and a young developing state Republic of Armenia is currently becoming more attractive for foreign investors. That has been the reason for us to select regulation of foreign investments as the topic for the present short article. From the very first years of independence the legislators undertook [...]
Organizers of China first gay pageant say police forced them to cancel the event just one hour before it was to start.
Event organizer Ben Zhang said Friday he was told by police that the event could not take place because he had not applied to stage the event “according to procedures.”
U.S. military air traffic controllers are scrambling to keep earthquake aid flowing into the Haitian capital without the use of a control tower or radar, and amid struggles over fuel, tarmac space and even staircases to access planes.
With all the hurdles facing rescue and relief efforts in this shattered city, it appears the first to [...]