Offshore Trust Company, Offshore Planning, Offshore Relocation

What sort of services can we offer?

Whilst we do not provide tax or legal advice, we do have access to a number of specialist advisors who we can work with to assist our clients in the following areas:


UK non-residents – expatriates

An offshore trust or Isle of Man company can be of value where a UK national is considering emigrating or working abroad. An Isle of Man company/offshore trust may be a useful vehicle for property ownership, employment or to provide protection of assets. Isle of Man companies or an offshore trust may be of particular interest  where a client believes he/she will obtain a financial gain from say the sale of a business or from the commercialization of a franchise, royalty or patent. Offshore tax planning can help by selling the right at an arm’s length basis to an offshore structure and then moving residence and domicile abroad before commercialization. The client may also benefit from a form of National Insurance planning by using an Isle of Man employment company. This is difficult to apply in the UK but is still viable for some clients when posted to jurisdictions with similar NI legislation.


UK Non-domiciled clients

Foreign nationals (non domiciles) living in the UK may be able to benefit from offshore planning and enjoy a special tax status which can often establish a favourable tax structure to mitigate the incidence of UK Income tax, Capital Gains Tax (CGT) and Inheritance Tax (IHT)on their world-wide assets not remitted to the UK.

We have close relationships with a wide range of professional legal and tax advisors who can assist our clients in establishing the most appropriate structure to achieve optimal tax efficiency in this area.

International clients

International private clients

Private clients may be interested in our offshore trust and company planning services for asset holding (foreign property purchase) and trading companies, employment companies (especially for Expatriates), retirement planning, UK Non-domiciled planning (particularly for new executive placements or those on contract for under 7 years), re-domiciliation for clients and/ or businesses leaving the UK. VAT triangulation, International Pension schemes, Super-yachts and private jet aviation. On the Trust side we can set up and administer structures that cover Wealth protection, Wealth Transmission (where say a business has been sold) and Wealth succession.

Also Isle of Man structures may be of benefit for pension arrangements which have favourable tax treatment for internationally based clients.


Family Office support

We can ensure a high quality efficient personal service where clients require us to support a Family office. We have a number of strategic relationships in place to facilitate specialist investment management, financial advisory solutions and specialist banking services (for instance for personal banking, currency mortgages and loans) to support a Family office on a “best of breeds” basis.


Institutional clients

The Isle of Man is an attractive offshore business base for many institutional clients. There are a number of sophisticated structures that may be of interest to UK institutional clients such as insurance captives, protected cell companies, international pension schemes, trading structures, royalty and patent rights, commission schemes, shipping and e-business. The Island also has a range of flexible mutual fund structures that may also be of interest. It should be borne in mind the Isle of Man is now the second most popular non UK jurisdiction, after Canada, for AIM listings with over £5billion in assets. Although this area is highly technical with investment knowledge and licensing required, we do have access to strategic partners in this area and we can assist in coordinating projects, making introductions and by providing company and trust administration or accountancy support as required.

Certain structures are still relatively effective for commercial purposes, for instance UK property owning for investment purposes. Where a company has been set up as a collective investment scheme and each UK holder holds less than 10% (to avoid attribution of gains under s13 TCGA). This is still a useful structure to avoid CGT, especially so where there are foreign investors.

Isle of Man structures are also still useful for certain types of international transactions. VAT planning is possible for super-yachts and aircraft, VAT triangulation on trading transactions outside the UK and shipping benefits under the special regime here providing a more attractive alternative to tonnage tax in certain circumstances.