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International Company Services Offshore Trust Review


International Company Services
Offshore Trusts

 

Read International Company Services Company Review...click here



International Company Services Offshore Trusts

The first operating company of THE INTERNATIONAL COMPANY SERVICES LIMITED GROUP commenced business in the Isle of Man in 1977 and over the last 22 years they have become one of the largest offshore company and trust specialists in the world.

Through providing corporate services which assist in mitigating tax International Company Services became involved in offshore tax planning which depends upon personal migration and so by extension they now offer immigration and passport services.

In 1984 International Company Services established a representative office in London, marking the start of our International expansion plans. In 1988 they opened an office in Dublin, Ireland to allow them to promote the Irish non-resident company following policy changes by the Ministry of Finance. In 1992 they opened an office in Moscow to access the important Russian market to, in particular, provide tax favourable vehicles for trade between Russia and the West In 1993 their Turks & Caicos Islands operation obtained one of the first professional trust licenses to be issued in the Jurisdiction. To achieve this, every aspect of their operation was subjected to the most rigorous scrutiny. In 1995 International Company Services established a presence in the USA, and also the Czech Republic. In 1997 their Canadian office located in Montreal opened. In 1998 they opened an office in Kiev, in the Ukraine and last year they established an office to cover the Iberian peninsular based in Lisbon, Portugal. International Company Services continue to be expansion minded, and have plans for new offices during 2001.

International Company Services currently manage over 6,000 offshore structures for clients located in almost every country of the world. Their clients are of varied profile; they advise governments, major public companies and legal and accountancy firms but their more typical client is the individual investor or businessman who requires a relatively simple and inexpensive offshore structure and who requires a comprehensive but reasonably priced ongoing service.

Two decades ago the offshore industry was still relatively small and shrouded in mystique. Today it is estimated that over 60% of the world's money flows through or is held offshore. It is probably true to say that no company which trades internationally can expect to be competitive without taking advantage of the tax breaks available offshore.

Good tax planning can make the difference between success and failure but is often given insufficient attention by those starting a new business or making a new investment. "Offshore" is no longer the preserve of the very rich and their organisation has been one of the world leaders in making offshore facilities available to a wider audience.

For further information on International Company Services Offshore Trusts visit the International Company Services Website.


 

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