FUNDS & FUNDS SERVICES

What are the key advantages of your jurisdiction in terms of privacy & asset protection for a Chinese HNWI or Family (etc.) looking to succeed their assets to the next generation? The United Kingdom has an unparalleled depth of precedent for matters relating to trusts and the legal system is renowned globally for its fairness, equity and reliability. It is no coincidence that many international agreements are written under UK law regardless of whether the transaction has a UK based element. It is indeed a fact that the highest court of appeal for the UK dependent territories, the Supreme Court,...

FUNDS & FUNDS SERVICES JURISDICTION 2015

Subtropical beaches and offshore financial services comprise Bermuda's value proposition to the world, and the tiny set of islands, just 54 square kilometers overall, has done well with it. According to America's CIA Factbook, in 2004 Bermuda - officially a self-governing overseas territory of the United Kingdom - had the third highest per capita income and fourth highest per capita GDP at PPP in the world (Both close to $70,000 USD). The islands' ability to offer offshore financial services grew from its status,size and location. As a British territory its defense is the responsibility of the United Kingdom; military expenditures...

FUNDS & FUNDS SERVICES OVERVIEW - EXECUTIVE SUMMARY 2014

Article - Asia Outbound Company Formation and Funds Guide 2018 Introduction Country: Cayman Islands Region:Caribbean Currency:Cayman Islands Dollar (KYD) Languages: English Time Zone: UTC-5 Phone Code: 1-345 Communications: Good Formation Cost:3500-4500 USD$ Formation Time: 2-3 days Maintenance cost:2500-3500 USD$ The Cayman Islands is one of the world’s leading international financial centres and is a politically stable jurisdiction thatoffers companies a tax neutral platform for mutual funds, private equity funds,holding structures, structured finance, insurance companies and listing vehicles. The Cayman Islands is also home to the world’s 50 largest banks and is the second largest offshore jurisdiction for captive insurance. Approximately eight...

FUNDS & FUNDS SERVICES JURISDICTION 2014

Country:                     British Virgin Islands Region:                      Caribbean Currency:                   US dollar (USD) (US$) Languages:                English Time Zone:                 UTC -4 Phone Code:              +1284 Communications:      Good Formation Cost:        900 - 1700 USD$ Formation Time:       1-2 days Maintenance cost:     400 - 800 USD$ The economy is highly dependent on tourism and financial services. The BVI has significant mutual fund and trust sectors. The Financial Services Commission ensures independent and effective supervision...

FUNDS & FUNDS SERVICES JURISDICTION 2014

Country:                  British Virgin Islands Region:                    Caribbean Currency:                 US dollar (USD) (US$) Languages:              English Time Zone:               UTC -4  Phone Code:             +1284 Communications:      Good Formation Cost:        900 - 1700 USD$ Formation Time:       2 - 4 days Maintenance cost:     400 - 800 USD$ The economy is highly dependent on tourism and financial services. The BVI has significant mutual...

FUNDS & FUNDS SERVICES JURISDICTION 2018

Executive Summary: The economy is highly dependent on tourism and financial services. The BVI has significant mutual fund and captive insurance sectors. The Financial Services Commission ensures independent and effective supervision of financial institutions. The BVI is a reasonably cheap jurisdiction compared to competing Caribbean countries, and has relatively strong professional services. The government is responsive to the country business needs, and its legislation is mostly flexible and straightforward. No-tax offshore vehicles (IBCs) are available, and domestic taxes are not high in any event. The BVI has emerged as a leader in emerging market corporate finance. COUNTRY: BRITISH VIRGIN ISLANDS...

FUNDS & FUNDS SERVICES OVERVIEW - EXECUTIVE SUMMARY 2020

Country:                    Malaysia - Labuan Region:                       Asia Pacific Currency:                  Any currency of choice except Malaysian Ringgit (MYR) Languages:   English, Malay, Chinese, Tamil Time Zone:     UTC +8 Phone Code:   +6087 Communications: Very Good Labuan is located off the coast of the state of Sabah in East Malaysia and is a Federal Territory of Malaysia. It is also designated as an international business and financial zone by the Malaysian Government since 1990. Known as Labuan International Business and Financial Centre (Labuan IBFC), itpresents a comprehensiveyet cost-efficient midshore solutions and structures toglobal investors and businesses. The jurisdiction offers...

FUNDS & FUNDS SERVICES JURISDICTION 2018

Chinese high-net-worth individuals and entrepreneurs are showing increased interest in US dollar private equity and venture capital funds to diversify their assets, but are running up against currency controls that make it difficult for them to get their money where they want it. 窗体顶端 The main issue is that many top private equity funds require initial investments in the millions of US dollars, while in China, yuan conversion into foreign currencies is restricted to US$50,000 equivalent per person per year. “We continue to see substantial demand from Chinese investors in the global private equity asset class,” said Seungha Ku, managing...

FUNDS & FUNDS SERVICES NEWS 2019