Articles

The Chief Executive of the Hong Kong Special Administrative Region Government, Mrs Carrie Lam, has delivered her second Policy Address at the Legislative Council and said Hong Kong must pursue a diversified economy to enhance its capability to withstand external shocks.

A significant overhaul of the financial services sector in Mauritius aims to increase transparency and update tax policies.

ILS World is pleased to announce ILS Fiduciaries (Hong Kong) Limited is formally licensed as a Trust or Company Service Provider (TCSP) under Hong Kong's new licensing regime.

The British Virgin Islands company registrar is preparing to strike off companies which have failed to file details of its directors.

Based on its superior technical infrastructure and thriving eBusiness industry, the Isle of Man is a popular jurisdiction for Fintech companies.

As part of our series of articles about doing business in China this update covers the role of supervisory services.

A Representative Office (RO) is the China representative of a foreign company.

As part of our series of articles about doing business in China this briefing note covers the advantages and disadvantages of Joint Ventures.

The purpose of the Requirement to Correct (RTC) legislation is to compel those with undeclared offshore tax liabilities to disclose them to Her Majesty's Revenue and Customs on or before 30 September 2018.

A Foreign Invested Commercial Enterprise, known as FICE, is an enterprise invested into by non-Chinese national shareholders carrying out business activities such as retail, franchising, wholesale and commissioning.

Today it is essential all companies maintain proper accounting records to adhere to international compliance standards.

The Shanghai office of ILS World serves clients looking to establish a long-term, sustainable presence within China.

eGaming is a global high-speed industry and ILS World has developed specialist knowledge and skills to keep pace with the sector.

Hong Kong is one of the world's most reliable and efficient financial centres, with no exchange control, a sound legal system and efficient transport and communication networks.

The film, television, radio and music industries can be as complicated as they are entertaining. Their international nature can present inherent challenges when tax planning.

A new licensing regime for trust and company service providers came into force on March 1 2018 under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

A new regime requiring Hong Kong companies to obtain and maintain up-to-date beneficial ownership information by keeping a Significant Controllers Register comes into force on March 1 2018.

The Isle of Man continues to embrace and nurture this emerging and fast-paced sector. The proactive stance of the government supports the quest to become the jurisdiction of choice for cryptocurrency businesses.

The Isle of Man has established itself as a leading jurisdiction for the location, regulation and administration of online gaming companies.

BVI VISTA Trusts have the unique advantage of eliminating conflicts between trustees and the directors of underlying companies.

ILS World works with international clients to successfully use Isle of Man foundations for wealth planning and philanthropy.

A purpose trust does not have any beneficiaries, exists for a specific purpose and is commonly used in conjunction with asset financing transactions, securitisations or to hold the shares of a private trust company.

The Isle of Man aims to increase its economically active population and to assist this operates an attractive Tier 1 Entrepreneur and a Tier 1 Investor visa.

The UAE and Saudi Arabia will be the first countries in the Gulf Co-operation Council to introduce Value Added Tax from 1 January 2018.

The Golden Visa programme, launched by the Portuguese Government, is a fast track for investors to obtain a valid residency permit in Portugal and consequently free access to the vast majority of European countries.

China will have no problem meeting its economic growth target of around 6.5 percent this year, and may even beat it, the head of the Statistics Bureau has said.

Dubai is getting ready to host the influential World Expo in 2020 - this huge international event will boost the city's economy, tourism and leisure industries.

Hong Kong's chief executive, Carrie Lam has used her maiden policy speech to unveil tax relief policies to increase its competitive edge.

Choosing where to base your business is an important decision no longer based simply on where you pay the least amount of tax.