Sovereign Trust (Channel Islands) Limited. SovereignGroup.com

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1 Sovereign Trust (Channel Islands) Limited SovereignGroup.com

2 INTRODUCING STCIL Sovereign Trust (Channel Islands) Limited (STCIL) is the Guernsey operation of The Sovereign Group. As such it offers the experience acquired over 25 years in the field of offshore company management, trusteeship and pensions services. A complete range of highly tailored pension services to private individuals and companies STCIL is licensed by the Guernsey Financial Services Commission for the provision of fiduciary services. In addition to corporate and trustee work, the company provides a complete range of professional and highly tailored pension services to private individuals and companies. As a member of The Sovereign Group, STCIL is able to call upon the expertise and services of other Group offices and subsidiaries around the world. Sovereign has direct representation in 25 countries worldwide and enjoys an excellent reputation for its professionalism, dependability and friendly efficiency. Established in 1987, The Sovereign Group provides a full range of wealth management services from its strategically located office network. Its core business remains the creation and management of companies, trusts, pensions and other structures. In addition the Group offers tax and succession planning, legal, insurance, accounting, aviation and yacht services.

3 RANGE OF SERVICES STCIL s comprehensive range of services includes: A comprehensive range of services for individual and corporate clients Pension trustee provision Qualifying Non-UK Pension Schemes (QNUPS) International Individual Pension Plans International Company Pension Schemes White labelling for specific firms available where appropriate Provision of Guernsey Company Incorporation Services Managed Private Limited Companies Family Limited Partnerships Managed Hybrid Companies Trust Services Individual Trust Provision Provision of Private Trust Companies Family Trust Offices Managed Trust Companies Trade Mark and Image Rights Registration Foundations

4 THE ADVANTAGE OF GUERNSEY PENSIONS The QNUPS we recommend are established so that the underlying investments are not subject to tax; with careful planning the pension fund can be continued until retirement on a tax free basis. The advantages in transferring assets into a QNUPS are: I can utilise a QNUPS pension even if I live in the UK. No requirement to purchase an annuity in later life. The pension fund can therefore be used by the member during his lifetime and any remaining balance can be passed on to his chosen heirs upon the member s death. No UK inheritance tax is levied on the underlying investments in the pension. With careful planning such taxes may also be avoided in the member s country of residence and forced heirship issues may be avoided. No limit on the amount that can be contributed into a QNUPS. This is attractive to higher level tax payers whose pension contributions are capped in the UK. No age limit at which a member may wish to set up a QNUPS; some benefits must be taken if the member is aged 75 or over but, if planned carefully, this is itself an opportunity for potential tax savings. Can be established even if you are a UK resident / domiciled individual.

5 PEACE OF MIND The management of companies, pension trustee and trustee services are all licensed by the Guernsey Financial Services Commission. The Commission s primary objective is to regulate and supervise financial services in Guernsey, with integrity and efficiency, and in so doing help to uphold the international reputation of Guernsey as a finance centre. STCIL is regulated by the Guernsey Financial Services Commission for trust, pension and company management The island of Guernsey lies in the English Channel off the northwest coast of France. The principal centre of business activity is the capital, St. Peter Port. The official language is English although French is still widely spoken; the Common Law legal system is based upon a mixture of English and French law. As a Crown Dependency, the Bailiwick of Guernsey enjoys a unique constitutional arrangement with the UK. It does not form part of the UK or of the European Union. A locally elected legislative assembly, the States of Guernsey, has the exclusive right to legislate on all domestic matters, including taxation. The UK is responsible for the external affairs of the island. New company legislation and a brand new company registry were introduced in Guernsey enjoys a reputation second to none for company formation and management. On 2 April 2009, Guernsey was placed by the OECD on its original White List of jurisdictions that have substantially implemented the internationally agreed tax standard.

6 THE SOVEREIGN GROUP Abu Dhabi Tel: ad@sovereigngroup.com Bahamas Tel: bh@sovereigngroup.com Bahrain Tel: bahrain@sovereigngroup.com British Virgin Islands Tel: bvi@sovereigngro up.com China Tel: china@sovereigngro up.com Curaçao Tel: cu@sovereigngroup.com Cyprus Tel: cy@sovereigngro up.com Denmark Tel: dk@sovereigngroup.com Dubai Tel: dubai@sovereigngroup.com Gibraltar Tel: gib@sovereigngroup.com RegisterAnAircraft.co m Tel: rana@sovereigngroup.com RegisterAYacht.com Tel: ray@sovereigngro up.com Sovereign Accounting Services Tel: sasgib@sovereigngroup.com Sovereign Asset Management Tel: sam@sovereigngrou p.com Sovereign Insurance Services Tel: sis@sovereigngrou p.com Guernsey Tel: +44 (0) ci@sovereigngroup.com Hong Kong Tel: hk@sovereigngroup.com Sovereign Accounting Services Tel: sashk@sovereigngroup.com Isle of Man Tel: +44 (0) iom@sovereigngroup.com Malta Tel: ml@sovereigngroup.com Mauritius Tel: mu@sovereigngroup.com The Netherlands Tel: +31 (0) nl@sovereigngroup.com Portugal Tel: port@sovereigngroup.com Seychelles Tel: sc@sovereigngroup.com Singapore Tel: sg@sovereigngroup.com South Africa, Cape Town Tel: sact@sovereigngroup.com South Africa, Jo burg Tel: sajb@sovereigngroup.com Switzerland Tel: +41 (0) ch@sovereigngro up.com Turks & Caicos Islands Tel: tci@sovereigngroup.com United Kingdom Tel: +44 (0) uk@sovereigngroup.com Sovereign Trust (Bahamas) Limited is licensed as a Financial Corporate Service Provider Licence No: 153 / File No Sovereign Trust (Gibraltar) Limited is licensed by the Financial Services Commission of Gibraltar Licence No: FSC 00143B. Sovereign Insurance Services Limited is authorised by the Financial Services Commission of Gibraltar as a general and life insurance intermediary. Sovereign Trust (Isle of Man) Limited is licensed by the Isle of Man Financial Supervision Commission as a Corporate Service Provider (Licence No. 43,215) and as a Trust Service Provider (Licence No. 43,521). Sovereign Trust (Malta) Limited is authorised to act as a Licensed Nominee. Sovereign Trust (Mauritius) Limited is licensed as a Management Company Management Licence No. MOBAA/6831. Sovereign Trust (Netherlands) BV is licensed as a Trust Company by the Dutch National Bank Licence No Sovereign Trust (TCI) Limited is licensed by the Financial Services Commission of the Turks & Caicos Islands Licence No: 029. Sovereign Trust (Channel Islands) Limited is licensed by the Guernsey Financial Services Commission. RANA is a company incorporated in the Turks & Caicos Islands and is a member of The Sovereign Group.

7 General Enquiries Tel: +44 (0) P.O. Box 252, Suite B St Peter Port House Sausmarez Street, St Peter Port Guernsey GY1 4LQ Channel Islands Front cover image: John Alexander 2010

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