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Spoundcloud moves the base to the Cayman Islands



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The Cayman Islands are British territory, where neither individuals nor companies pay taxes.

In the new structure of the group, the parent company Soundcloud Holdings is headquartered in the Caribbean tax haven.

More and more technology companies and investors are looking for their base in low-tax jurisdictions, such as the Channel Islands, Malta and the state of Delaware in the United States, Di. The Swedish example is Spotify, the Neo4j database company, the EQT Ventures venture capital company and others.

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