ILS Fiduciaries

Providing it has no business activities in the British Virgin Islands (BVI), a BVI company is wholly exempt from BVI tax on its income and from inheritance or estate tax on its shares.

The majority of our clients prefer us to look after the ongoing administration of the companies and trusts we establish. Our teams of highly trained administrators in our Isle of Man, British Virgin Islands, Dubai, Hong Kong, London and Switzerland offices offices look after the day-to-day operation.

Under certain circumstances, it is advantageous to establish residency for corporate entities through re-domiciliation or branch establishment. ILS can provide assistance from initial tax and legal guidance through to complete registration services.

Subject to certain safeguards we are able to provide directors, whether individual or corporate, for client companies.

ILS's professional and personal service will establish your corporate structure and can look after all the details - the documentation, the administration, statutory compliance and the annual renewal arrangements.

The hybrid is an extremely versatile and flexible tax planning concept which is long established. At ILS each structure is individually tailored to the client and their particular needs.

Since November 2006 the Isle of Man has had two parallel mechanisms for establishing new companies. For those who are contemplating establishing an Isle of Man company it is important to select the right one for the purpose. ILS can assist with this process.

ILS guides new clients and steers them through the various processes required for incorporation. Dubai company incorporation is not essentially difficult, but it is time consuming and fairly intricate. ILS's experience on the ground has helped large numbers of Dubai investment companies to get started on the right footing quickly and efficiently.

We are a truly worldwide incorporator and through our own offices and authorised suppliers we can rapidly provide an offshore or onshore company or trust almost anywhere.

Although there are several other types of Dubai legal entities, most foreign investors need concern themselves only with Limited liability companies, branches and representative offices.

ILS has a particular appetite and experience in assisting clients transfer portfolios of companies to our management in a number of locations.

The use of protected cell companies and the jurisdictions in which they can be established has increased. ILS can guide you as to new uses for PCCS, as well assisting you with its structure and establishment.

The Ras Al Khaimah International Company (RAK-IC) was launched in 2006 and has since attracted global interest as a tax efficient and versatile corporate solution.

The redomiciliation process can be quite complex and requires a clear understanding of the laws of the countries involved and the correct procedures to be followed. ILS can advise you on the all aspects of the process.

ILS can offer a registered office only service or a fully managed package. In addition to a registered office, some jurisdictions require a registered agent. ILS is experienced and knowledgeable in respect of performing these duties.

ILS can do all the work needed to bring your company up to current standards and ensure that all the legal and statutory requirements are met.

Swiss registered companies can benefit from a number of tax efficient regimes for both holding and trading purposes, as well as access to over 50 double tax treaties. ILS Fiduciaries (Switzerland) Sarl can assist with obtaining all necessary tax advice and can form Swiss companies in any appropriate Canton.

Dubai currently has 21 free zones, with a further six planned in the next decade. Many of Dubai’s free zones specialise in the products and services which they host. It is important to select the right free zone for your company’s activity. ILS can guide you to the one which best suits your business.

The UK company, used in conjunction with various offshore entities, is an ideal vehicle to create effective tax efficient structures for trading, consultancy, royalty routing and the holding of assets such as shares, real estate and intellectual property rights.

ILS South America is ideally placed to assist with the incorporation of Uruguayan companies and can provide directors, banking facilities, as well as various administration and accounting services.