ADVENT UK News Letter

- N° 59 -

I Accueil / Home News Letter I

March / Mars 2007

Our services on juridictions "Low Tax"

... Update on our news

"Building Excellence in Business "

Patricia GOODENOUGH, ADVENT UK
London - 29.03.2007

	JURIDICTIONS "LOW TAX" ADVENT UK SERVICES BVI : British Virgin Islands. The BVI constitute one of the world's most reputable offshore commerce and finance centers, located approximately sixty miles east of Puerto Rico and two miles from St. Thomas, U.S. Virgin Islands. The International Business Companies Act of 1984 provides for the incorporation and administration of the International Business Companies in BVI. Companies incorporated under the Ordinance enjoy a complete exemption from income tax... CYPRUS : It is now a member of the EU with the lowest corporate tax rate within the Union. It is an English-speaking country and possesses a wide treaty network which makes Cyprus a favourable tax regime for international investors. The island boasts an excellent professional infrastructure, with international banking facilities and first class legal and accounting services. Undoubtedly Cyprus is an attractive corporate and trust environment for international clients... GIBRALTAR : There are four legal terms by which companies can be formed, they include: Gibraltar 1922 Companies, Exempt Companies, Qualifying Companies and Non-Resident controlled Companies. A duly incorporated limited liability company constitutes a separate legal entity and may sue and can be sued in its own name. Limited Liability Company may take the form of a private company either limited by shares or by personal guarantee of its members or public company. By far the most usual form that businessmen and/or corporations prefer is the private company limited by shares... LUXEMBOURG : The Luxembourg Holding 1929 Company and 'Soparfi' (Societe a Participation Financiere) are the forms, which permit 'offshore' activity in Luxembourg. However, they are not separate legal forms as such, and employ one of the above forms, either SA, SARL or Societe en Commandite par Actions, as a legal base. There are two types of Holding status in Luxembourg: - the 1929-type holding - its activities are restricted to the holding of shares and certain other financial instruments and the company may not invest in commodities or futures, or carry out any sort of commercial or industrial activities... MALTA : Maltese company law derives chiefly from civil or 'Roman' law, rather than common law. A new Companies Act 1995 replaced the old Commercial Partnerships Ordinance, and set up a new regime for commercial entities under the Registrar of Companies. By far the most usual form that businessmen and/or corporations prefer is the private company limited by shares. Limited Liability Company may take the form of a private company or public company... ISLE OF MAN : A duly incorporated limited liability company constitutes a separate legal entity and may sue and can be sued in its own name. Limited Liability Company may take the form of a private company either limited by shares or by guarantee of its members or public company. By far the most usual form that businessmen and/or corporations prefer is the private company limited by shares... PROFILE : ADVENT UK Advent UK Ltd’s core business is in the formation and management of UK Ltd and offshore companies for foreign entrepreneurs. We provide management services, sourcing business partners and finance, and drive their projects to contract. We have been extremely active in Russia during the past 6 years where we have successfully concluded the acquisition of a major Moscow insurance company on behalf of a large Israeli insurance company, sourced project finance for Russian construction projects, and developed export sales in the European market for a Siberian wood merchant. We are long standing members of the Russo-British Chamber of Commerce (www.rbbc.com) and International Financial Services London (www.ifsl.org.uk) and the Institute of Directors (www.iod.com)   Internet > ADVENT-UK.com ... UPDATE ON OUR NEWS We are in London the first week of April with two Russian Banking clients looking for equity finance or development finance for their own expansion, and for project funding required by their clients; we are talking to Investment Banks and Private Equity Funds and enjoying the challenge! We have our first Turkish construction projects coming onstream for project finance as there is a property boom there, and the re-financing of a major Turkish conglomerate. This will be interesting. We've all heard of an Indian summer, in Paris we seem to have a Russian spring (colder than the past 3 months)! I went to South Africa for a couple of weeks, what a gorgeous country, fabulous mountains, gorges, seascapes and vineyards. There is a property boom there too - we're looking at possible business. I hope you all have a splendid Easter - I'm off to Normandy to see the wind-blown sea and cows!   Internet > ADVENT-UK.com

ADVENT UK LIMITED
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