CORPORATE & FIDUCIARY

1. Industry research suggests that China will soon rank first in the world as a source of clients. Have you experienced an increase in demand for your company incorporation services from this region? China is a thriving economy in the Asian market. With about 1.3 billion people and ranked as one of the largest economies worldwide, there is a Chinese HNWI population with about 500,000 individuals, most of whom have generated their wealth as first-generation entrepreneurs. Alleghenies Treuunternehmen (ATU) as a family office service provider during the last 86 years notes that many rich Chinese people are 50 years old...

CORPORATE & FIDUCIARY JURISDICTION 2015

What are the advantages of the jurisdiction for Chinese investors?The Principality of Liechtenstein lies in the region of the Upper Rhine between the Swiss Canton of St. Gall and the Austrian Federal State of Vorarlberg. The topogra-phy is mainly mountainous, other than the Rhine Valley, which is the most populated area. Liechtenstein belongs to EFTA, and since 1995 to the EEA; it is not a member of the UN. The official language is German; English and French are also spoken, with a local dialect used in everyday life. What types of companies can be opened?Limited companies, public limited companies and trusts...

CORPORATE & FIDUCIARY JURISDICTION 2014

What are the advantages of the jurisdiction for Chinese investors?IOM has a first-class reputation as a well regulated international finance sector, particularly suited for investments into London and elsewhere in the UK or the EU from China. The IOM can be utilised as a gateway to the European Union for trading purposes, and is often the most efficient way of bringing goods into the EU from China. The IOM Government has a rep office in Shanghai. What Types of companies can be incorporated?Private or Public Companies, Companies limited by share or guarantee, Hybrid Companies, Unlimited Companies, Protected Cell Companies and...

CORPORATE & FIDUCIARY JURISDICTION 2014

As a well-established international financial centre, Guernsey has abundant experience in serving clients across the world. What kinds of financial products and services in Guernsey can be of significant benefit to businesses in China?Guernsey has, during the last 50 years, established itself as a leading international finance centre. The Island's unique environment has attracted several hundred firms who together provide a wide range of financial products and services at the highest standards to clients around the world. In particular, we are seeing strong interest from China in the wealth management services we can offer high-net worth individuals and the corporate...

CORPORATE & FIDUCIARY JURISDICTION 2014

By Leo Zhang. As a widely recognized global financial centre, Guernsey is an Island situated between the UK and France which is 62 kilometres in size and has a population of just over 60,000. With the status as a British Crown Dependency, which means its links are through the British Crown rather than the UK Parliament, it also has a special relationship with the European Union so that there is access to EU countries for physical exports without tariff barriers but other rules and directives do not apply, unless voluntarily accepted. Guernsey has 50 years of experience in serving clients all...

CORPORATE & FIDUCIARY OVERVIEW - EXECUTIVE SUMMARY 2014

By Baron Laudermilk. Guernsey is a small but respected island sitting in the waters between France and England. It has established a worldwide reputation for being an international financial offshore center that provides services for all levels of investors and business owners. Despite being small, it contains a large amount of money, funds and professional financial companies and banks. It has more than £97bn in bank deposits, more than £ 274bn in funds, and has around 33 registered banks. The center is known for managing high-net worth (HNWI peoples assets, having lucrative financial instruments, and for being an convenient place to...

CORPORATE & FIDUCIARY OVERVIEW - EXECUTIVE SUMMARY 2014

Gibraltar has taken beating from its European neighbors, but it is looking to come back stronger.As an UK overseas dependency, proximity to Europe has been both a blessing and a curse for Gibraltar. The tiny jurisdiction, known as the Rock, has long benefited as an offshore finance center because of the tax free access it provided into European property markets, as well as its pre-eminent status as a base for funds looking to access the markets of Europe. Whipping boy. But in the last ten years the island has also come under a huge amount of scrutiny from its European...

CORPORATE & FIDUCIARY OVERVIEW - EXECUTIVE SUMMARY 2014

What are the advantages of the jurisdiction for Chinese investors? Austria, a Member State of the European Union, offers perfect access to the European Market and gives direct access to all EU Directives. Austria has a tax treaty with China since 1992 and with Hong Kong since 2011. Holding shares in an Austrian company does not trigger CFC-legislation in China and Austrian based companies have access to currently 90 tax treaties Austria has signed with other countries and have access to 59 Investment Protection Treaties signed with other countries. Furthermore, domestic Austrian tax legislation foresees significant tax exemptions for foreign source...

CORPORATE & FIDUCIARY JURISDICTION 2020