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The Cayman Islands Aircraft Registry remains the registry of choice for many owners and management companies for various reasons. CAACI continues to maintain a reputation of providing a safe, stable and credible flag for registration of business/corporate and personal aircraft. CAACI prides itself on the high standards of client service that is offered to its clientele globally. Affording flexibility in the scheduling of aircraft surveys, locations of aircraft surveys, working to timeframes best suitable for their clients and being available to answer questions or advise on technical issues are among the benefits and advantages of being associated with the CI...

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As a result of the global recession and the volatility of the stock markets throughout the world, the Caribbean may now be the region of choice to many travelers and the Cayman Islands seems to be the topic of conversation among investors because of the geographical location, infrastructure, safety and their sound and stable judicial system. The beautiful Cayman Islands are the perfect jurisdiction for retirement. The Cayman Islands have no property taxes and there is no direct taxation; however, government revenues are derived from stamp duty on property sales, import duties, government licenses and fees. The infrastructureis of first...

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The Ogier Experience in China In July 2011, Ogier became the first offshore law firm to open an office in mainland China. The Ogier office in China is run by Managing Director Kristy Calvert. Kristy has over a decade of legal experience, having worked previously as Legal Director for Rio Tinto China/Asia as well as with international law firms in Australasia, and she is a native Mandarin and Shanghainese speaker. The Shanghai office works closely with our China Team in Hong Kong, which consists of Mandarin, Shanghainese, Cantonese and English-speaking professionals and lawyers qualified in the key offshore jurisdictions of...

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Legal status of an Austrian private foundation The Austrian Private Foundation is a corporate entity per se, it has no shares and no shareholders. It comes into existence with the help of a notarial deed whereby the founder can establish the foundation on an irrevocable or revocable basis.  It is important to note, that only individuals acting as founders can revoke a foundation. Nevertheless both juridical persons or individuals as founders can at any time amend both the public charter as well as the non-public by-laws. The charter of the foundation is a public document and governs general topics like...

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By Claire van den Heever Global provider of corporate, fund and trust services, Vistra, has launched Vistra Fund Services Asia Limited, intended as a complement to the company European fund service operations in Jersey and Luxembourg. By introducing tailored fund services, Vistra believes it can fulfill the specific requirements of the Hong Kong, mainland Chinese and broader Asian markets. Vistra has a strong track record designing and implementing bespoke fund solutions for clients in Europe, said Charles Kwun, Managing Director of the Hong Kong fund services team. ow we are exporting that knowledge and experience and making it available to...

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The Cook Islands have developed a unique legal structure that can protect your assets no matter what the circumstance. The Cook Islands, a micro-state with only 240 sq. km of land area, in the midst of 1.8 million sq.  km of territorial waters 3000km North East of New Zealand has, like most pacific islands, had difficulties developing a diverse economy. It depended mostly on tourism until the 1980s when the ground was set for the creation of an offshore finance industry, which has since been an area of robust growth. From 1981, a legal framework was put in place giving offshore banking...

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Q&A with Malcolm Keast, Regional Director,Bahamas Maritime Authority Bahamas is one of the world premier offshore yacht registration jurisdictions with an established representative office in the Hong Kong SAR to promote its very tempting offshore registration services. Asia Outbound recently interviewed Mr. Malcolm Keast, the hospitable Regional Director of Bahamas Maritime Authority, and is delighted to share the insights and visions of the industry veteran. Q: What services are the Bahamas Maritime Authority (BMA) currently rendering to clients in China? A: We offer full registration services through our Hong Kong office. This includes Seafarer's endorsements, Seaman record books and mortgage registration....

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On 25 July 1997, the Government of the People's Republic of China and the Government of the Cook Islands signed the joint communiqué on the establishment of diplomatic relations between the two countries, according to which the two countries agreed to establish diplomatic relations at ambassadorial level. Excellent relations exist between the Peoples Republic of China and the Cook Islands. The Chinese ambassador to the Cook Islands, Xu Jianguo is based in the Chinese Embassy in Wellington New Zealand. The Cook Islands has consistently stuck to the ne China policy The Cook Islands values its excellent relationship with China, and...

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