Ideal Characteristics for the Location of an International Holding Company
The location of a holding company is an important consideration in any international structure where the objective is to minimise the tax charged on the income flow. Ideally the company should be in a jurisdiction which:
Has a good double tax treaty network, thereby minimising withholding taxes on dividends received. … more
Updated April 2018
WHY USE GUERNSEY?
Guernsey is a premier international financial centre with an enviable reputation and excellent standards. The Island is also one of the leading jurisdictions providing international insurance services and has developed as a base from which internationally mobile individuals can organise their worldwide affairs.
Factors contributing to and enhancing the … more
Funding is at the core of all successful business and the ability to raise capital when needed is vital to the survival and development of a good idea or sound business.
The 2008 credit crisis demonstrated that reliance on third party lenders can no longer be assured, particularly where the underlying assets are relatively illiquid in nature. An example of such assets would be a long term … more
IN328 - Taxation of Crypto Currency, Developments to Significantly Increase Transparency and an Update on Sector Activity in the Isle of Man
Taxation of Crypto Currency
The UK and the Isle of Man are two of only a few countries that have specific guidance on the tax treatment of Crypto currencies.
HMRC (UK) Taxation Briefing and VAT Treatment
Earlier in 2014 United Kingdom HM Revenue and Customs released a briefing on the taxation of Bitcoins and Crypto currencies. It indicates that they will essentially be treated in the same way … more
"FinTech" is the technology relating to the delivery of financial services, with the client generally being a financial institution. FinTech includes the holding of financial data on clients and the distribution of digital products, where connectivity, security and legislative protection are all important factors.
Types of FinTech activity include:
Cash and investment management … more
The Isle of Man offers a highly attractive business infrastructure and also provides a stable, secure and accessible environment for individuals and families.
This island is home to a number of diverse industries, including; aerospace, banking, financial services, manufacturing, ship and aircraft registration, the space industry and film production.
WHY THE ISLE OF MAN FOR BUSINESS?
Location: … more
Digital Currencies and the Isle of Man
Several digital currency (crypto currency) businesses are expressing interest in establishing themselves on the Isle of Man. A number of major e-gaming companies are already located on the island and the Isle of Man has solid experience in hi-tech industries, a mature infrastructure and range of professionals to support digital currency organisations.
In … more
Dixcart provides aircraft registration services in a number of jurisdictions. These jurisdictions have registries which offer a variety of advantages and tax efficiencies.
Dixcart can advise on aircraft registration and help coordinate the aircraft registration process in: Guernsey, the Isle of Man, Malta and Portugal. This can include establishing and administering the relevant ownership … more
Individuals granted a Tier 1 (Entrepreneur) visa or Tier 1 (Investor) visa under the existing rules before/on 28 March 2019 as detailed below are generally unaffected by new rules, effective from 29 March 2019. For more information, please refer to Dixcart Article: IN580 Reforms to UK Investor Visa Category and New Entrepreneur Visa Routes
CONSIDERATION OF THE ROUTE CHOSEN TO ENTER THE UK … more
Why Use Madeira?
Companies licensed to operate in the International Business Centre (IBC) of Madeira enjoy a number of tax advantages, under the IV Regime of Tax Benefits, which are guaranteed to the end of 2027.
Corporate tax rate of 5%.
Madeira is an integral part of Portugal and therefore a full member of the European Union.
Access to the Portuguese Double Taxation Treaties … more
Cyprus is an attractive international jurisdiction with a very good holding company regime. Dixcart has an office in Limassol and can therefore efficiently organise the formation and management of companies in Cyprus.
Approximately 13,000 new companies were registered in Cyprus during 2017, bringing the total number of active companies to approximately 217,000.
A number of the benefits … more
Whilst Cyprus endured a banking crisis in 2013, the jurisdiction remains an attractive international business centre.
The EU bailout was primarily the result of an over sized banking sector in Cyprus that was heavily exposed to Greek debt. A "good" and a "bad" bank were created and losses in these two banks were imposed on the unsecured deposits of the two principal banks on the island. It is … more
Starting a new business is very time consuming, especially if the UK is new to you, with different rules and regulations. Dixcart Legal Limited (Dixcart Legal) can assist with your legal requirements in a seamless way (as well as providing access to tax, IT, and payroll teams if required) so that you can focus your time on building your business.
Set out in this brief note are issues to … more
WHY USE MALTA?
The Republic of Malta is an archipelago consisting of the three inhabited islands of Malta, Gozo and Comino. The Maltese islands are situated in the middle of the Mediterranean Sea, about 100 km south of Italy.
Factors contributing to and enhancing the status of the jurisdiction include:
Malta is a member of the EU and therefore has access to European Union Conventions.
It … more
South Africa is one of the most sophisticated and promising emerging markets globally.
The potential offered by the South African economy is evident in its diversity of sectors and industries. It has a modern and extensive transport infrastructure and labour costs are priced competitively.
These factors together with the country's significant natural resources have made it a popular … more