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Services

The team within Cains Fiduciaries is committed to providing:

  • a commercial approach to the administration of client structures;
  • highly experienced staff with in-depth technical expertise, backed up by the Cains’ team of specialist legal advisors;
  • fast turnaround on all establishment and administration matters; and
  • a cost-effective service.

Depending upon a client’s specific requirements, the services provided by the team could include the provision of:

  • directorships;
  • company secretarial;
  • statutory compliance and filings;
  • board and shareholder meeting support;
  • safe custody and nominee holdings;
  • cash management and payment processing;
  • dissolution and liquidations; and
  • trusteeships.

The services can be delivered by the team through a range of Isle of Man domiciled business organisations including companies, limited liability companies, protected cell companies, partnerships and trusts. To find out more on the specific business organisations available in the Isle of Man please see the Business Organisations section of the Cains International Business Guide to the Isle of Man in the Briefings section of the website.

In addition the team can arrange for international business companies to be established in Cyprus using the services of a trusted service provider in this jurisdiction. Cyprus has proved to be a particularly attractive jurisdiction for our clients with interests in central and eastern European states where the double tax treaty network that Cyprus has built up over the years can provide opportunities for international businesses. Cypriot companies can usually be incorporated within 7 - 21 working days. Where the team establishes a Cypriot company on a client's behalf then the client's relationship manager remains responsible for the day to day operational activities of the company with our partner in Cyprus providing services such as directorships, secretarial and statutory compliance and filings.

Accounting services can also be provided and tailored to a client’s specific needs.

Personnel within the accounting team include qualified chartered and certified accountants who have extensive years of experience in the accounting services industry.

The accounting team aims to provide accounting services which are of the highest quality and to do so within a reporting timetable pre-agreed with our clients.

Personnel within the accounting team work in close co-operation with the clients’ relationship manager to provide a seamless service delivering a first class accounting, relationship management and statutory reporting service for our clients.

Depending upon a client’s specific requirements the services provided by the accounting team could include the provision of some or all of those described below:

  • maintenance of all necessary accounting books and records for the entity;
  • preparation and production of management reporting information for presentation to the entity’s management;
  • preparation of consolidated valuations of the entity in accordance with the provisions of the entity’s constitutional documents, and the relevant international accounting standards;
  • preparation and production of annual and interim consolidated financial reports and accounts for the entity, in accordance with the relevant international accounting standards; and
  • liaising with the auditors (and other professional advisers) of the entity, generally and in respect of the preparation of annual and semi-annual financial statements.
  • assistance with VAT registration and the filing of VAT returns with Isle of Man Customs and Excise

The clients serviced by the accounting team range from Isle of Man based private companies to international property funds structured as exempt schemes, from international businessmen and family offices to sovereign wealth funds participating in private equity structures.

For more details please contact: Oliver Webster.

Lex Mundi
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