Companies COMPANIES BUILDING ON A SOLID FOUNDATION. 1 Intrust Manx
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1 Compaies COMPANIES BUILDING ON A SOLID FOUNDATION 1 Itrust Max
2 Itrust Max Limited Itrust (Max) Limited is based i Douglas, Isle of Ma. Our objective is to provide a bespoke, flexible, cost-effective, efficiet ad cofidetial service to cliets, both private idividuals ad professioal itermediaries, who require a persoalised iteratioal busiess solutio. Itrust (Max) Limited provides added value through the latest techology, i supplyig details of up to date bakig trasactios, statutory iformatio ad commercial cotracts, via fast commuicatios ad experieced staff assiged to specific cliets, respodig to cliets o a daily basis durig ormal workig hours, ad with the further support of seior maagemet ad director assistace whe ecessary.
3 COMPANIES Cotets 04 INTRODUCTION 05 TYPES OF COMPANIES 07 SERVICES 09 USES 10 JURISDICTIONS 11 CONTACT INFORMATION
4 Compaies Itroductio The use of a corporate vehicle i the establishmet ad structurig of a fiacial trasactio is commo place. The Isle of Ma i recet years, through the implemetatio of sophisticated corporate law, has developed itself ito a leadig jurisdictio capable of providig a solutio to most corporate situatios. Ulike its Chael Islad competitors, the Islad is a commo law jurisdictio. Legislatio has bee heavily iflueced by Eglish law over the ceturies ad legal practitioers ofte fid this helpful whe implemetig Isle of Ma structures, both withi the Uited Kigdom ad iteratioally. The Islad offers a highly favourable regime of corporate taxatio, which ca offer may beefits to cliets wishig to implemet structured tax plaig. Isle of Ma compaies with o Isle of Ma beeficial owers, whose activities take place outside the Isle of Ma, are subject to tax at a rate of 0%. 4 Itrust Max
5 Compaies Types of Compay The itroductio of the New Max Vehicle i November 2006 cofirms the Islad s positio as a iovative ad progressive iteratioal fiace jurisdictio. This legislatio was drafted by those who operate o a daily basis withi the local corporate service provider idustry. Its evolvemet ito curret legislatio is a direct reflectio of how the Govermet supports this growig idustry. The 2006 Act is based o the widely recogised Iteratioal Busiess Compay model which ca be see i places such as the British Virgi Islads. The Max legislatio offers a more iteratioally acceptable solutio coupled with a moder approach ad less of the ofte limitig attributes kow to exist withi the Compaies Acts. Whilst the various Acts ru cocurretly ad the New Max Vehicle is provig to be very popular, busiess owers ad the idustry have the advatage that they ca choose the most appropriate legislatio uder which to icorporate a compay, to suit the cliets particular requiremets. With this i mid, the Compaies still remai a viable tool i today s ever chagig markets. Itrust Max 5
6 Compaies Types of Compay There are a umber of differet types of vehicle available uder the curret Isle of Ma legislatio: Compay limited by shares; Compay limited by guaratee; Compay limited by shares ad by guaratee; Ulimited compay; Protected cell compay ( PCC ); Public limited compay ( PLC ); ad Limited liability compay ( LLC ). 6 Itrust Max
7 Compaies Services Itrust (Max) Limited is a respected fiduciary service provider ad is licesed by The Isle of Ma Fiacial Supervisio Commissio. We curretly employ 14 professioal staff to implemet ad provide a quality service to cliet structures uder our cotrol. Our aim is to work with cliets providig them with a holistic view of their eeds. This, together with the relatioships we have formed o the Islad ad both atioally ad iteratioally with itermediaries ad tax advisors, meas that we are able to stay at the forefrot of ay ew developmets. Our highly experieced staff are able to assist with corporate structurig ad choice of jurisdictio for a particular trasactio. We uderstad that implemetatio is key to the success of ay form of tax plaig ad i this regard we work closely with the professioals providig the advice to esure that staff dedicate their time to maitaiig files, recordig trasactios correctly ad providig timely ad accurate iformatio to cliets ad their advisors. Itrust Max 7
8 Compaies Services Specifically, we are able to provide the followig services to a corporate etity: Compay formatios i all major iteratioal jurisdictios; Bookkeepig, accoutig ad the productio of fiacial statemets; Provisio of full admiistrative services; Provisio of Directors, Secretary ad Registered Aget; Registratio for VAT ad completio of quarterly returs; ad Payroll. Provisio of Shareholders; Aual Statutory compliace i accordace with IOM ad other iteratioal statutory requiremets; 8 Itrust Max
9 Compaies Uses Isle of Ma structures ca be used i a umber of differet situatios, ideed the types of situatios are icreasig due to the iteratioal ature of cliet operatios: Ivestmet holdig i the form of stocks ad shares; Property ivestmet ad tradig; Iteratioal trade of goods ad services; Asset protectio; Itellectual property holdig; Specialist asset holdig such as yachts ad aircraft; ad Stock exchage listigs such as AIM listigs. Itrust Max 9
10 Compaies Jurisdictios Itrust (Max) Limited together with our etwork of affiliated offices is able to icorporate compaies i other well regulated jurisdictios depedig o the requiremets for the structure. We are happy to provide a cost compariso ad detailed list of all the requiremets depedig o the jurisdictio. Simply ask a member of our team for a list of jurisdictios we are able to offer. Some examples (although this list is ot exhaustive) are: Aguilla British Virgi Islads Califoria Caada Cyprus Guersey Gibraltar Irelad Jersey New Jersey New York New Zealad South Africa Spai Uited Kigdom Wyomig 10 Itrust Max
11 Compaies Cotact Us ITrust (Max) Limited are well placed to provide cliets with best value services, sice we: Are dedicated professioals servig oly professioal cliets; Are log established with a solid track record; Ca provide log term cotiuity of service; Have complete i-house professioal expertise; Are located i strategic cetres; Have multiligual staff, able to deal with cliet requiremets ad Have very solid bakig coectios. To fid out about the services we are able to offer, please direct ay correspodece to the followig: Itrust (Max) Limited 1st Floor, Bucks Road, Douglas, Isle of Ma, IM1 3DE Tel: +44 (0) Fax: +44 (0) paul.murtagh@itrust-max.com Disclaimer Whilst we have take all reasoable measures to esure that the iformatio cotaied i this brochure is correct ad it is believed to be correct at the time of pritig, we caot accept ay resposibility or liability for ay errors or omissios from ay iformatio cotaied i this brochure or for ay cosequeces arisig. Readers of this brochure are advised, therefore, ot to rely o the iformatio cotaied i this brochure but to obtai advice o ay particular matter from our office directly. Itrust (Max) Limited is Licesed by the Fiacial Supervisio Commissio as a Corporate ad Trust Service Provider. Registered i the Isle of Ma No: C Registered Office: 1st Floor, Bucks Road, Douglas, Isle of Ma, IM1 3DE Itrust Max 11
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