We assist clients with the formation of new companies and offer advice on operating their business in a tax efficient manner in the UK and other reputable jurisdictions.
We offer legal advice in relation to the laws of England & Wales on a wide range of areas of law. We advise clients on any corporate law issues, such as the drafting of agreements, corporate restructuring, national and cross-border Mergers & Acquisitions. We assist clients on commercial transactions and draft due diligence reports and legal opinions.
Many of our non-European clients are interested in obtaining a European passport. We have extensive experience in assisting clients in obtaining a Cyprus or Maltese passport. Our representatives in the respective countries ensure that the application process is rapid and liaise with the authorities when required. We assist clients at every step of the process, including advising them on their investment, drafting agreements and providing guidance in relation to the purchase of a residential property.
|CYPRUS CITIZENSHIP BY INVESTMENT||MALTA INDIVIDUAL INVESTOR PROGRAMME (MIIP)|
|Amount to be invested:||EUR 5m – under individual application
EUR 2.5m – under collective scheme
[can sell after 3 years]
|Value of residential property to be purchased:||EUR 500,000
[must be kept for life]
Or EUR 16,000 annual rent
[must be kept for 5 years]
|Ability to rent residential property purchased:||YES||NO|
|Time Frame:||Within 90 days of submission of application.||Within 120 days of submission of application for approval in Principle. Up to 2 years for final passport to be issued.|
*values exclude VAT (if applicable).
Through our affiliates, we offer advice on the sale/purchase of vessels, ship registration charter agreements, ship financing vessel mortgages and undertake the registration of vessels internationally, including registration under the flags of Cyprus, Malta, Belize and Seychelles. In addition, we offer legal, tax and administrative services relevant to yachts and superyachts.
|Low registration and operative costs||Low registration and operative costs||Fast and reliable/ simple procedures|
|EU flag||EU flag||Worldwide network of Deputy Registrars in major maritime centres|
|Favourable tonnage tax regime for qualifying owners, managers, charterers of qualifying ships- full exemption on profit taxes||Ship owners, operators and creditors benefit from attractive tax incentives||Competitive tonnage taxes, fees and discount incentives|
|Listed on the White List of Paris MoU on Port State Control/ double tax treaties with more than 40 countries||Listed on the White List of Paris MoU on Port State Control/ double tax treaties with more than 65 countries||International Business Corporations (IBC) / Non EU|
|Very attractive leasing scheme for acquiring pleasure yachts reducing the VAT payable to as low as 2.42%||Very attractive leasing scheme for acquiring pleasure yachts
Maltese Commercial Yacht Code accommodates for and provides particular benefits for commercial yachts under the Maltese flag
|Well established legal system and mortgage recording system|