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  • IN426 - Why Choose Nevis for International Business Corporations?

    This Article provides a summary of why Nevis International Business Corporations (IBCs) can be beneficial within the international arena.

    Confidentiality

    Nevis has no Public or Government Registers for directors, shareholders or beneficial owners.  All information is maintained privately and securely at the Registered Office by the Agent. 

    Nevis is a well-regulated jurisdiction which is … more

  • IN425 - The Potential Tax Efficiencies Offered by UK Business Investment Relief for Non-UK Domiciled Individuals

    What is UK Business Tax Relief and What are the Tax Advantages?

    UK Business Investment Relief (BIR) was introduced in 2012.

    The key advantages provided through BIR are:

    A non-UK domiciled individual who is taxed on the remittance basis can use ‘idle’ overseas funds in the UK, as long as the remittance is channelled into a qualifying investment with a qualifying underlying UK commercial … more

  • IN424 - Why Consider Cyprus as the Location for an Alternative Investment Fund?

    A Cyprus Alternative Investment Fund (AIF) is a collective investment which raises external capital from a number of investors with a view to investing it for the benefit of those investors. It does not need to be licensed as an Undertaking for Collective Investment in Transferable Securities (UCITS).

    Alternative investments include hedge funds, managed futures, real estate, commodities and … more

  • IN423 - Family Office Support

    With the increasing movement around the world of business people and wealthy individuals, for either commercial or personal reasons, there is an increased need for the provision of a base outside individuals’ countries of origin and outside of their countries of acquired residence to coordinate the development of business interests.

    A Tax Neutral Base

    A base is often most appropriately … more

  • IN422 - Family Offices and Cell Company Investment

    Guernsey pioneered the concept of Cell Companies initially to provide for segregated captive insurance. There entities are also referred to as Segregated Cell Companies and Segregated Portfolio Companies.

    Creative Uses of Cell Companies

    Since the introduction of the Protected Cell Company (PCC), the cell company concept has been further enhanced by the innovation of the Incorporated Cell … more

  • JNE: Formation of Companies in Switzerland

    Taxation of Swiss Companies

    Why Use Switzerland?

    Switzerland is an attractive jurisdiction for the establishment of companies, as a location for individuals and for the provision of trust services. Advantages include:

    Low rates of corporate tax for Swiss companies.

    Lump Sum Tax for non-Swiss resident individuals.

    A Swiss company can act as Trustee of a Trust formed under the Law … more

  • JNF: UK Jurisdiction note

    Why Use a UK Company?

    The UK Government has introduced many changes to make the UK tax system more competitive. This has led to the return of UK holding companies, the re-shoring of manufacturing and increased UK based research and development (R&D). 

    United Kingdom (UK) entities have a respectable international image and can be used tax efficiently for cross border trading and as international … more

  • JNB2: Isle of Man Jurisdiction Note 2006

    WHY USE THE ISLE OF MAN?

    Isle of Man companies benefit from a zero rate of tax on trading and investment income.  They are also able to register for VAT, and businesses in the Isle of Man are treated by the rest of the EU for VAT purposes as if they are in the UK.

    Isle of Man companies are therefore particularly useful for:

    Holding investment portfolios and participations in other … more

  • JNB1: Formation of Companies in the Isle of Man Companies Act 1931 (as amended)

    Isle of Man companies benefit from a zero rate of tax on trading and investment income.  They are also able to register for VAT, and businesses in the Isle of Man are treated by the rest of the EU for VAT purposes as if they are in the UK.

    Isle of Man companies are therefore particularly useful for:

    Holding investment portfolios and participations in other companies. This is due to the zero … more

  • IN318 - What is the UK Remittance Basis of Taxation and How Can it be of Benefit?

    Advantages Available Through the Use of the UK Remittance Basis Of Taxation

    The UK continues to offer significant tax advantages for individuals who are resident but not domiciled in the UK. This is due to the availability of the remittance basis of taxation.  The availability of the remittance basis for longer term residents will be restricted from April 2017. Additional advice should be … more

  • IN391 - Portuguese Golden Visa and the Non-Habitual Residents Tax Scheme - Making Portugal an Attractive Location for Residence

    Since the introduction of Portugal’s “Golden Visa” and a special tax regime for non-habitual residents, Portugal has become a destination of choice for many non-EU nationals.

    The Golden Visa enables non-EU residents to not only be resident in Portugal, but to also move freely within the Schengen Zone.  The “Non-Habitual Residents Regime” means that they can also enjoy low taxes or, in some cases, … more

  • Nevis1b - Redomiciliation Of Bvi Companies To Nevis For Dissolution Purposes: A Cheaper And More Efficient Alternative

    Nevis and the British Virgin Islands (BVI) are leading international Caribbean financial centres, and both offer a good reputation and excellent standards.

    Potentially Reduced Costs

    Recent changes to legislation in the BVI mean that the cost of formally dissolving a BVI company in the BVI has increased considerably.

    In an ever competitive world where clients are cost sensitive, Nevis can … more

  • INGF1 - Guernsey Foundations

    Background

    On 25 July 2012 the States of Deliberation, Guernsey’s Parliament, approved the projet de loi The Foundations (Guernsey) Law, 2012 (the “Law”). The Law came into force on 7 January 2013.

    The Law is divided into three parts - the substantive law and two schedules. The first schedule deals with administrative matters, such as the establishment of foundations and their registration. The … more

  • INMF1 - Malta Foundations

    An Alternative to Trusts in Malta

    In 2007 Malta enacted specific foundation legislation to clearly define the legal framework for foundations in Malta, provide legal certainty and resolve any possible confusion created by local case law. More recently Malta has also enacted specific legislation regulating the taxation of foundations which further enhances Malta as a jurisdiction for … more

  • IN276 - The Advantages Of Redomiciling A Company To Malta

    Background

    Since its entry into the European Union (EU) in 2004, Malta has gained a reputation as a leading financial centre within the EU Zone. Malta’s geographic proximity to continental Europe and to North Africa, its multi-lingual workforce and comparatively low overhead costs have helped Malta to develop as a favourable location within the EU to conduct international trade.

    Why Consider … more

  • IN206 - Nevis Entities And The Economic Citizenship Programme: A Summary Of The Advantages They Offer

    Introduction

    The Federation of St Kitts and Nevis has been an independent country since 1983. It is a one hour flight to Puerto Rico, three hours to Miami and eight hours to the UK. Direct flights to all of these destinations are available from St Kitts.

    Under the constitution of the Federation, Nevis is able to introduce its own legislation, and in 1984 established its international business … more

  • IN206 (SP) - Entidades De Nieves Y Ciudadanía Económica Un Resumen De Las Ventajas

    Introducción

    La Federación de San Cristóbal y Nieves es un país independiente desde 1983. Está a una hora de vuelo de Puerto Rico, a tres horas de Miami y a ocho horas del Reino Unido. Hay vuelos directos para todos estos destinos desde San Cristóbal.

    Según la Constitución de la Federación, Nieves puede promulgar su propia legislación, y en 1984 estableció su sector de negocios internacionales … more

  • Constitución de una sociedad limitada en Chipre

    ¿POR QUÉ CONSIDERAR CHIPRE UNA BUENA OPCIÓN?

    Chipre es la tercera isla más grande y popular en el Mediterráneo. Situada al este de Grecia y al sur de Turquía fue dividida en dos en 1955. La República de Chipre comprende aproximadamente el 59% de la isla y ya es miembro de la Unión Europea. Turquía controla la parte norte de la isla, pero solo está la considera un estado soberano.

    Los factores … more

  • IN174 - Trusts: The Importance Of Accounts And Detailed Accounting

    Dixcart Assistance

    Dixcart can provide advice to the trustees of trusts established outside of the UK, who are not familiar with UK tax law. Advice may be needed to ensure that such trustees are making tax efficient distributions to any UK resident beneficiaries. We can also advise trustees on how to keep accounting records to ensure that they are able to provide the information that UK resident … more

  • IN286 - Developing Trends: International Business In Guernsey

    Background

    International business centres each offer their own unique range of features and  advantages.

    A distinguishing characteristic of the jurisdiction of Guernsey is the expertise and experience offered by the professionals on the island.

    Examples of the Types of Businesses Moving to Guernsey

    The depth of fiduciary experience available in Guernsey means that a number of business … more