Articles
Offshore Newsflow Round-up
The rate of change in offshore regulation has increased due to a more volatile and demanding international environment. Attempts to reform the EU have come back to the old French favourite of preventing 'unfair competition' through varying tax rates. Malta is looking...
Asset Protection Strategies
Maintaining confidentiality over asset sizes/ownership has become ever harder but it is still de facto possible if costly strategies are employed. The ability of onshore beneficiaries to enjoy the underlying assets can be compromised if aggressive use of such...
Starting a Charitable Trust Structure
Spending time at the beginning of the settlement process is crucial when designing an efficient charity mechanism. The most important thing is to robustly test the assumptions and analysis undertaken by the funder so that the beneficiaries of the structure are clear...
Management and Control Offshore
Tax benefits have been claimed for many years by entities that are legally owned offshore and beneficially owned onshore. The key point to maintaining the efficacy of such structures is proving that control and management have irrevocably been transferred offshore....
Company Migrations – Release Valve
A relatively painless and obscure legal process allows for companies to be taken off the register in one jurisdiction and put onto another somewhere else. A catalyst for this has been the perceived desire for lower-risk jurisdictions as leaks and news coverage target...
Does AML Legislation Work
Every reasonable person can understand and agree with the goals behind an AML framework. How this is implemented varies among jurisdictions, with offshore requiring some of the most rigorous in the world. It is easier for money launderers to operate through respected...