• IN294 - Cyprus, Madeira, Malta and the UK as Holding Company Jurisdictions

    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

  • JNA: Formation of Companies in Guernsey

    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

  • IN229 - An Isle of Man Exempt Fund - A Vehicle to Raise Capital for Use by Property Portfolios

    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

  • IN322 - Isle of Man - The Location of Choice for "FinTech" Companies

    "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

  • IN316 - The Isle of Man - The Benefits for Business and Family

    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

  • IN315 - Digital Currencies - The Isle of Man Leads the Way

    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

  • IN312 - Aircraft Registration: Guernsey, Isle of Man, Malta and Portugal

    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

  • IN317 - An Important Guide: Moving to the United Kingdom

    CONSIDERATION OF THE ROUTE CHOSEN TO ENTER THE UK

    Immigration Considerations

    When first coming to live in the UK it is important to ensure that your immigration status will allow you to do what you wish to do; will it allow your family members and any staff to come to the UK to study or work? Will it allow you and your family members to remain in the UK in the long-term if you wish to do so? … more

  • JNC: Summary of the Formation and Maintenance Obligations of Portuguese Companies in Madeira

    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

  • IN284 - Cyprus - Moving Forward

    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

  • IN319 - Setting Up a Business in the UK: The Legal Considerations

    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

  • JNG: Formation of a Private Limited Company in Malta

    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

  • IN305 - Reasons why the Double Tax Agreement Between Cyprus and South Africa is so Attractive

    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