Welcome to ILS World

British Virgin Islands

ILS World opened its doors in Tortola in 1994. The BVI has an established international business offer and we provide a timely and efficient service, drawing upon locally cultivated knowledge.

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China

From our Shanghai office, ILS World provides commercial and private clients access to the right global network to meet their ambitions.

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Dubai

The ILS World independent network expanded into the Middle East's vibrant economic and cultural centre in 2005. Since then, we have combined Dubai's excellent reputation as a business friendly and well regulated economy with our significant experience in the jurisdiction to deliver peerless fiduciary, regional incorporation and corporate administration services to clients operating in this exciting marketplace.

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Hong Kong

With its stable legal, political and regulatory environment and progressive approach to business Hong Kong is a preferred platform for those seeking a gateway into China.

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Isle of Man

Secure, efficient and business friendly, ILS World's approach is defined by our home jurisdiction, the Isle of Man.

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London

Our London office is the hub of ILS World’s administrative function for our UK client companies and an excellent location from which to liaise with a global client portfolio.

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Portugal

Our expansion into Portugal in 1999 was in response to the needs of our clients. Since then, ILS World’s presence in this exciting marketplace has enabled us to better meet the considerable demand for offshore wealth management and protection services.

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Switzerland

ILS World opened its doors in Geneva in 2005 and offers a full range of corporate and fiduciary services. With expertise in international holding and trading structures and the ability to manage those structures from within one of the world’s most respected and stable jurisdictions, the business has grown organically and rapidly.

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Uruguay

We draw upon Uruguay’s reputation as a strong economy with a stable fiscal and political environment and robust regulatory practices to offer clients wishing to invest in and manage wealth within South America the perfect regional platform.

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CEO Comment - December 2015

With the year drawing to a close the time is ripe for a little reflection on recent events, usually followed by some prediction of what this might all mean for the future.

From an ILS World specific perspective, the year brought the launch of our updated branding which has generally been very positively received – thank you for your feedback. From a wider industry perspective we saw the first FATCA reports filed and started to turn our attention to the more impactful CRS regime.

The UK, and in particular David Cameron, continued to press the UK's Dependent and Overseas territories to introduce central and publically accessible registers of beneficial owners. So far the Territories are resisting this initiative by playing the moral superiority card and insisting that the regimes already in place make beneficial ownership information available to appropriate parties in any event. Long may this line continue to be held.

From a world perspective the year has been witness to the continued terrorist atrocities of hard-line Islamists on a number of fronts. Enough words have already been written about the abhorrent views of these terrorists, but the unanswered question still seems to be quite how they manage to finance their operations. With so much attention having been focussed on the elimination of proceeds of crime and terrorism from our financial systems over the last decade or two, the fact that ISIS (and others) can still process millions of dollars from the illicit sale of oil and other commodities through the world's banks seems to suggest that Mr Cameron, and his fellow leaders, should perhaps be focussing their attentions on those well away from the Crown Dependencies and Overseas Territories. Unfortunately I don't think anyone in the industry thinks for one second that this is a likely outcome.

So, looking forward I guess that we can expect more of the same. Not a very exciting prognosis, but not one that will put dread into the hearts and minds of colleagues or clients.

Nevertheless I would like to take this opportunity of wishing all the readers of our Beyond Borders newsletter a very merry festive season and a prosperous (if predictable) New Year.

Chris Eaton
Chris Eaton
Chief Executive Officer Isle of Man
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