Corporate Blog

In May the Isle of Man presented to Tynwald the Trusts (Amendment) Act 2015 which was expected to become operational on June 16 2015. One of the most important amendments was in connection with powers [...]

The UK is one of the last jurisdictions to abolish bearer shares with all UK shareholders having had to surrender their bearer shares by the 26 June for conversion into registered shares.  Any bearer shares [...]

As of the 1st June 2015 the Companies Acts 1963-2013 has been replaced with the Companies Act 2014 in Ireland. It is believed that this Act will modernise and simplify company law and hopefully reduce [...]

The Annual Tax on Enveloped Dwellings was introduced on 1 April 2013 and is a tax charged on companies or partnerships that hold property in the UK initially valued at more than £2m. In recent [...]

In light of the new legislation which came into force in 1 January 2015, Russians with offshore considerations will need to analyse corporate structures to identify companies affected by the new CFC rules. The below [...]

Russian Deoffshorisation Law On 24 November 2014 Russian President Putin signed the Federal Law No. 376-FZ, introducing a new law which came into force on 1 January 2015. This is commonly referred to as the [...]

Digital currencies have been around since the 1990’s and it is now becoming apparent that these are not temporary as some people first predicted. Indeed, on the 26th February 2015 the Bank of England commented [...]

Luxembourg companies are already free to choose the currency in which their accounts are prepared.  Therefore if you have a Luxembourg company and you expect to conduct either all or a majority of business in [...]

Arrangements whereas companies buy back their own shares immediately before issuing new shares has previously been used in South Africa causing the South African Revenue Service (SARS) concerns over payment of capital gains tax (CGT). [...]

Draft legislation has been published for open market consultation with regards to Abu Dhabi Global Market (ADGM), the new international finance centre in the United Arab Emirates.  This legislation has already been subject to a [...]