• IN421 - The Isle of Man - Your New Island Home?

    The beautiful Isle of Man is situated in the heart of the Irish Sea, centrally located between England, Ireland, Scotland and Wales.  Whilst the island may be small, just 572 km2, with its rugged coastline and rolling hills it can give you and your family space to breath, relax and enjoy what island life has to offer. 

    The Isle of Man has been a self-governing Crown Dependency since 1866, and … more

  • 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

  • IN379 - The UK – Arguably the Best Location for Corporate Headquarters in Europe

    What the UK Offers as a Tax Efficient Jurisdiction

    One of the UK Government’s key ambitions has been to create the most competitive tax system in the G20.  It has developed strategies to support, rather than hinder, growth and to boost investment. 

    Through the implementation of these strategies the Government is aiming to make the UK the most attractive location for corporate headquarters in … 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

  • IN419 - Restarting the Clock for UK Non-Domiciles and Alternative Residence Options to Help Maximise Days Spent in the UK

    The UK non-dom regime remains an attractive option for individuals seeking to move from their country of origin or current location. UK non-domiciles continue to have the opportunity to enjoy significant tax advantages for a period of up to 15 years. 

    Changes to UK Non-Dom Legislation

    However, major reforms regarding how non-UK domiciliaries (“non-doms”) are  taxed were implemented in April 2017 … more

  • IN396 - What are the Key Changes to the Taxation of UK Residential Property for Non-UK Tax Residents?

    The approach to the taxation of UK residential property has changed significantly over recent years and further changes have been announced. These changes mean that restructuring should be considered to avoid unnecessary taxation, charges and costs.

    This Information Note summarises the main UK taxes that need to be considered when structuring the ownership of UK residential property by non-UK … 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

  • JND: Formation of an International Business Corporation in Nevis

    WHY USE NEVIS?

    Nevis is a leading international Caribbean  finance centre with a good reputation and excellent standards. Factors contributing to and enhancing the status of this jurisdiction include:

    Nevis as an International Business Centre

    Nevis does not levy VAT or other indirect taxes on Nevis International Business Corporations (IBCs) and there is no income tax, capital gains tax, … more

  • IN406 - UK Tax Residence - Planning Opportunities, Case Studies and How to Get it Right

    Major reforms regarding how UK tax resident, non-UK domiciliaries (“non-doms”) are taxed were introduced in April 2017.

    The changes impact on individuals who have been tax resident in the UK for 15 years or more.

    The Attractive Remittance Basis of Taxation will Continue for Many Non-UK Domiciliaries

    The availability of the remittance basis of taxation for non-UK domiciled individuals who have … more

  • IN380 - Foundations - Why? And Consideration of Various Jurisdictions: Guernsey, The Isle of Man, Malta and Nevis

    Foundations are useful tools in terms of wealth management and asset protection. The jurisdictions of Guernsey, the Isle of Man, Malta and Nevis are attractive locations in which to establish a foundation. Each of these jurisdictions offer a number of potential advantages and the most appropriate jurisdiction will depend upon each specific situation.

    Dixcart and Foundations

    Dixcart can assist … 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

  • IN289 - Why Choose the Isle of Man or Malta for the Location of an E-gaming Business?

    The level of regulation within the e-gaming industry is constantly being reviewed to increase protection for users. Many of the less well regulated jurisdictions are beginning to find themselves less attractive to the major e-gaming organisations. 

    Agreement between the Isle of Man and Malta

    The Isle of Man Gambling Supervision Commission and the Malta Lotteries and Gaming Authority entered … more

  • IN275 - A Consideration of Shipping in the Jurisdictions of Cyprus, the Isle of Man, Madeira (Portugal) and Malta

    Dixcart can provide clients with a number of alternative ship registration solutions. 

    This note provides a brief overview of the shipping regimes in Cyprus, the Isle of Man, Madeira (Portugal) and Malta. More detailed information is available on request regarding shipping in each of the jurisdictions considered in this Article.

    Cyprus

    Cyprus is a major ship management centre attracting … more

  • IN384 - New Non-Domicile Regime - Making Cyprus Even More Attractive for Individuals

    Why Cyprus?

    Cyprus is becoming an increasingly attractive option for companies and individuals to consider relocating to. Attractive tax incentives exist and Cyprus offers a good corporate and residential location, enviable weather and a sound infrastructure. 

    Background

    On 9 July 2015 the Cyprus House of Representatives approved new tax laws which took effect on 16 July 2015. These changes … more

  • SA2 - Guernsey: An Attractive Domicile for South African Private Wealth

    Guernsey is one of the leading tax-free jurisdictions for the administration of international private wealth. Although a Crown Dependency and represented internationally by the UK Government, it is autonomous and has its own Parliament and its own tax regime. The island uses the British pound but also issues its own banknotes.

    Guernsey’s finance industry benefits from a firm foundation of … more

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

    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

  • IN349 - UK Inheritance Tax - Even Non UK Domiciled, Non UK Resident Individuals May Be Exposed

    It is important that UK inheritance tax is taken into careful consideration, in particular by individuals who have assets in the UK. This Article examines how, with careful planning, some UK inheritance tax obligations can be mitigated for certain individuals.

    What is UK Inheritance Tax?

    UK inheritance tax (IHT) is a tax on money or assets held at death, and on some gifts made during a lifetime … more

  • IN382 - Low Tax Trading Opportunities Using Cyprus and Malta the UK and Cyprus

    It is possible for a company to be incorporated in one jurisdiction and to be resident in another. In certain circumstances this can generate tax efficiencies.

    It is very important to always ensure that the company is properly managed and controlled from the jurisdiction in which it is resident.

    The jurisdictions of Cyprus, Malta and the UK present a number of opportunities, as detailed below. … 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

  • IN366 - Why are Security Trustee Arrangements Increasingly Popular and Why Choose Dixcart?

    Alternative project finance has become increasingly popular since the financial crisis of 2008. Businesses continue to diversify their funding arrangements by considering alternative finance structures. These structures can take a number of different forms, with the most common being equity and debt based alternative investments.  

    How Can Dixcart Assist with the Organisation of these … more

  • JNI - Formation of a Private Limited Company in Cyprus

    Why Consider the Jurisdiction of Cyprus?

    Cyprus is the third largest and third most populated island in the Mediterranean Sea. It is situated to the east of Greece and to the south of Turkey. Cyprus joined the European Union in 2004 and adopted the euro as the national currency in 2008.

    Factors contributing to and enhancing the status of the jurisdiction of Cyprus include:

    Cyprus is a member … 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