General Business License 1 [GBL 1] company is a resident, 3% tax company, for investing in 28 countries where it has Double Tax Avoidance Treaties – prominent among them are India, China, Sri Lanka, Pakistan and South Africa.
The main features are:
– No withholding or dividend taxes.
– Easy investment into India, China and 26 other countries.
– Strict and detailed Know Your Client requirements as above.