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  • International Corporate Services

    ILS incorporates and administers companies in more than 40 jurisdictions worldwide and offers a comprehensive range of tax-efficient structures and related business services.

    The majority of our clients prefer us to look after the ongoing administration of the companies and trusts we establish. Our teams of highly trained administrators in our Isle of Man, British Virgin Islands, Dubai, Hong Kong, London and Switzerland offices offices look after the day-to-day operation.

    Under certain circumstances, it is advantageous to establish residency for corporate entities through re-domiciliation or branch establishment. ILS can provide assistance from initial tax and legal guidance through to complete registration services.

    Subject to certain safeguards we are able to provide directors, whether individual or corporate, for client companies.

    ILS's professional and personal service will establish your corporate structure and can look after all the details - the documentation, the administration, statutory compliance and the annual renewal arrangements.

    Under current compliance standards, it is essential that the directors of a company maintain proper accounting records. Our dedicated client accounting teams can take care of this task for you.

    The ILS Group’s highly qualified and experienced in-house team of accountants are expert in delivering a complete bookkeeping service.

    A dedicated service tailored to your needs can be arranged and will give additional credibility to your corporate presence.

    ILS's offices have fully equipped boardrooms, which can be hired by the day or by the hour for important meetings. Video conferences can be arranged between most major cities of the world.

    ILS has a wealth of expertise in this area and can establish and administer tax efficient structures for those trading within the EU.

    ILS's worldwide offices can provide virtual office facilities for our clients, supporting their use of a particular jurisdiction.

    The hybrid is an extremely versatile and flexible tax planning concept which is long established. At ILS each structure is individually tailored to the client and their particular needs.

    By using the ILS corporate shareholder to act as nominee for your company, you can ensure that you benefit from the comfort and security afforded by inserting an extra layer of personal privacy and the trusted services of a leading international fiduciary services provider.

    ILS has a particular appetite and experience in assisting clients transfer portfolios of companies to our management in a number of locations.

    The use of protected cell companies and the jurisdictions in which they can be established has increased. ILS can guide you as to new uses for PCCS, as well assisting you with its structure and establishment.

    ILS can offer a registered office only service or a fully managed package. In addition to a registered office, some jurisdictions require a registered agent. ILS is experienced and knowledgeable in respect of performing these duties.

    The redomiciliation process can be quite complex and requires a clear understanding of the laws of the countries involved and the correct procedures to be followed. ILS can advise you on the all aspects of the process.

    ILS can do all the work needed to bring your company up to current standards and ensure that all the legal and statutory requirements are met.

    By deciding to voluntarily liquidate or dissolve a company in the Isle of Man, you can benefit from the equitable disbursement of structured assets, secured by a rigid and familiar legal framework.

    As part of our complete service package, ILS provides an array of relevant and appropriate ancillary services.

    ILS can provide a confidential and fully documented service to act as witness during the execution of a variety of contracts, agreements and other important documents.

    Clients using offshore corporate structures through ILS will normally need banking facilities to facilitate their trading or movement of assets. ILS can arrange a wide range of banking services in conjunction with company formation and administration.

    ILS can assist you in obtaining certificates of good standing in a number of financial centres due to our close working relationships with Companies’ Registries and Financial Supervision Commissions in a number of jurisdictions.

    Where ILS acts as company secretary or registered agent, we can produce a certificate of incumbency at your request, which will provide detailed information on your company.

    ILS can arrange searches in any jurisdiction in the world, providing basic or detailed information as required.

    ILS has online connections to many of the registries we work with and are able to provide the information banks may require efficiently and at modest cost.

    ILS is able to establish a domain name for clients, which will reside on our servers. The service is very much bespoke and is designed to suit each client's needs. Fees are very reasonable since, once the system is established, there should be little need for any outside involvement.

    We can offer a very professional service, with rapid turn around time and very competitive fees. All ILS offices are able to provide this service in-house.

    ILS is happy to draft and legalise limited powers of attorney, subject to certain restrictions.

    ILS offers a very cost-effective service for the secure custody of bearer shares (and other instruments) in a fire proof safe either on or off-site. In fact any important document that needs to be secure and safe, and totally confidential, can be stored by us.

    ILS accepts appointments as service of process agents. Full documentation and instant access to records means an efficient service, and we can respond by routing and notifying all parties appropriately.

    Using specialist and, where necessary, ‘authorised’ translators, ILS can help arrange for the translation of documents into any language.

  • Specialist services

    ILS is a global provider in aviation solutions and via our worldwide network of offices. Our Isle of Man office is well placed to offer assistance to clients looking to acquire aircraft and to deal with the registration process and on-going management.

    ILS offers a bespoke and premier service to ensure your vessel is registered and managed effectively. Our team of highly experienced marine specialists can register vessels in various jurisdictions where corporate ownership is often required.

    With a breadth and depth of experience in the China market, our consultants hold the expertise and knowledge of business operations in China and Hong Kong along with local tax, logistics and supply chain management, so that ILS Asia is able to offer you the comprehensive market entry solution you need.

    Many international trading operations require the establishment of Letters of Credit in order to ensure goods can be shipped from supplier to purchaser. ILS is able to arrange Letters of Credit in the Isle of Man, London or Hong Kong in order to facilitate such international trade.

    ILS incorporates companies rapidly and efficiently in over 40 countries of the world, both offshore and onshore. With our own offices around the world, and online links to registries, we give an unparalleled level of service.

    Whether traditional or eCommerce, all businesses require prudent planning to succeed in the long term and ILS provides expert advice and assistance with a number of services.

    ILS is an eGaming industry expert. We have been in the gaming industry for over 12 years, providing services to both online and land based clients.

    We apply extensive resources and experience into project managing the process of obtaining your remote gaming licence. This includes developing a robust business plan, with realistic financial projections, an area in which we excel and which are essential to obtaining the licence.

    ILS is able to advise on licensing in many jurisdictions around the world including, Alderney, Curaçao, Isleo of Man, Malta and the United Kingdom.

    The space commerce industry in the Isle of Man has enjoyed considerable success in recent years, attracting investment and economic benefit from a host of the industries top operators and being named as the fifth most likely country to return to the moon, in an industry that is reportedly worth $175bn.

    One of the key benefits of having an Isle of Man VAT registration is that ILS’s Isle of Man office is able to arrange access to the Island’s computerised Entry Processing Unit (EPU).

    Our international expertise and local knowledge allows ILS to offer immigration solutions on a global scale or ensure local immigration compliance.

    ILS provides expert services in the application of Visas for China and Hong Kong.

    Immigration policy is relatively liberal, reflecting the need for an expatriate workforce to operate and develop a fast-growing economy. ILS can assist with all your immigration, Visa and sponsorship scheme requirments.

    Whether the intellectual property is a patent, a copyright or an image right, the successful sale or assignment of this property to a corporate structure and the subsequent licensing structures used to take advantage of various double tax treaties allow ILS's clients to enjoy the maximum benefit possible from their creative abilities.

    Cross border trading often gives rise to tax planning opportunities. Substantial opportunities exist where goods are moving cross border, or across multiple borders, and the use of nominee and agency companies can provide significant taxation reductions.

    An initial public offering (IPO) is when a company (called the issuer) issues common stock or shares to the public for the first time. The most common reason for a company to initiate an IPO is in order to raise more capital. ILS can offer a number of services to assist with company listings.

    ILS has a specialist and dedicated international film division, located in our Isle of Man office, which handles many of the complex issues unique to the industry. We manage to achieve this on a day-to-day basis by centralising the administration in the Isle of Man and by simplifying operations in the most tax efficient ways possible.

    Foundations are used primarily for wealth, charity and asset protection, such as, setting up a charitable foundation, as a planning or wealth management vehicle, or for holding the shares in a private trust company. They are separate legal entities and share many characteristics of a company.

    The Isle of Man secured Royal Assent for its new foundations law in November 2011. The Foundations Act 2011 allows these flexible vehicles to be incorporated. Foundations are separate legal entities and share many characteristics of a company.

    The nominee structure is ostensibly a simple set-up in which an onshore company acts as nominee for an offshore principal.

    The efficient holding of property can be enormously beneficial from a tax saving point of view. ILS has several specifically designed ownership structures for those owning property in Portugal, France, Greece and a number of other popular locations.

  • Trust Services

    ILS offers a complete range of trust and trustee services to help you not only preserve your wealth, but also offer you greater flexibility over the management and distribution of your assets.

    We have a full trust licence in the BVI and as such are well placed to establish and maintain trusts, and to act as trustees. Trustees of BVI VISTA trusts may only be BVI licensed trust companies like ILS.

    A discretionary trust is a trust under which the trustees have discretion concerning distribution of trust assets.

    A fixed interest or possession trust is one under which a particular beneficiary is entitled to the net income of the trust for a specified period.

    A purpose trust is a trust which does not have any beneficiaries and exists for a specific purpose.

    Private trust companies are increasingly used in more sophisticated private wealth scenarios and often in connection with trusts holding significant family assets such as family companies.

  • Legal and Consultancy Services

    ILS provides a range of compliance, regulatory and risk management services to a diverse cross section of regulated businesses.

    We provide legal and corporate advice and support to corporations, other professionals and private individuals as they face the ever-increasing complexities of operating a business in this day and age.

    The underlying principles of compliance procedures are not driven by ILS, rather it is the demands of international laws.

Film administration and co-production

The motion picture, theatre and musical industry is well known for its complexities and the international nature of its work. The inherent challenge this presents to the proper structuring of matters relating to taxation can sometimes be formidable.

Working crews, extras and all other staff who contribute often have to be paid in locations outside of the UK. Equipment has to be moved around internationally and many actors and actresses, having different domiciles, are often forced to consider very complex personal taxation arrangements. In addition to the obvious logistical challenge this presents, these industries may also have financing in place, also derived from various locations globally, making taxation extremely challenging, as a whole.

ILS has a specialist and dedicated international film division, located in our Isle of Man office, which handles many of the complex issues unique to the industry. We manage to achieve this on a day-to-day basis by centralising the administration in the Isle of Man and by simplifying operations in the most tax efficient ways possible.

From such a location, our clients feel fully supported at every level. The services we provide would normally range from full maintenance of statutory corporate records, to any day-to-day support necessary, whilst filming, acting or entertaining is actually in progress. ILS Fiduciaries is able to handle and process all types of payments associated with the running of such projects.

For a typical client, such as a US Film Production Company, we deal with multi-currency payments and the supply of detailed accounting information for them on a daily basis. Most activities are very carefully structured in order to recognise the need to deliver such services on a time critical basis.

An important part of a creative enterprise such as this is understanding how best to manage any intellectual property and the effective routing of royalties that would normally result. ILS has gained considerable experience in this particular field and in so doing are able to provide proven highly tax-efficient solutions.

The Group’s head offices are situated in the sophisticated independent low-tax jurisdictions of the Isle of Man, with other offices important to the IP industry located in Switzerland, the British Virgin Islands, London, Dubai and Hong Kong. All are extremely well regulated and recognized for the high standard of services they are able to supply globally, but especially to the film, music and entertainment industries in particular.

The Isle of Man also has its own Film Commission, which is fully endorsed by its Government, placing ILS in an ideal position to assist any client who requires additional help before making their final decision to base activity in the Isle of Man.

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