Corporates
Cains Fiduciaries provides a full range of administration services to companies, US-style LLCs, special purpose trusts, limited partnerships and other business organisations holding assets and other investments or involved in asset and project finance on a global basis.
Working closely with Cains’ experienced corporate lawyers, the team is able to ensure that clients meet their commercial objectives within the parameters of Isle of Man law and the timescales demanded in today’s global markets.
A large number of international clients have established Isle of Man structures for asset holding purposes, recognising that the Isle of Man has an international reputation as a tax-efficient, responsible and co-operative jurisdiction which appears on the OECD “white list” of countries complying with the global standard for tax co-operation and exchange of information.
Other benefits of using the Isle of Man for asset holding structures include:
- a flexible, responsive and cost-effective jurisdiction in which to domicile international business;
- the Isle of Man's company law is derived from English law, which means that international clients and their advisers are comfortable dealing with Isle of Man companies;
- the Island has updated and modernised its company law by introducing a new simplified corporate vehicle under the Companies Act 2006;
- a flexible and responsive Government facilitating expedient establishment of structures through the Isle of Man Companies Registry, and VAT registration, where required, through Isle of Man Customs and Excise;
- a double taxation treaty with the UK, and tax information exchange agreements with numerous other countries including the UK and the USA, and ongoing negotiations with further countries; and
- an AAA rating from both Standard & Poors and Moody’s in recognition of the Island’s stable economic position.
For more details please contact: John Killip or John Bateson |
