International Tax Planning Solutions 1
An introduction to ICD LONDON 1. About ICD London: a. Introduction. b. Specialisation and Focus. c. Our goals, beliefs, principles and values. i. Who are we? ii. In what we believe? iii. why we succeed? 2. About our clients: a. Who do we assist? b. The offshore for who? c. The profile of the client? 3. Our Service. 4. OuR policies: a. How we act? b. Code of Conduct. 5. Contact us. 2 of 142
a) Introduction ICD LONDON: Offshore company formation, offshore bank accounts and international tax planning: ICD London is a company specializing in the formation of offshore companies. Our group offers and implements creative solutions, direct debit, management of offshore companies and bank accounts. Our services are focused on the legal and tax security of our customers. ICD London offers offshore services to companies and individuals in European and international tax havens. ICD London: a French-language service, personalized and confidential, specific interventions clear and detailed, and one full year of free support. 3 of 14 3
b) Specialisation and Focus ICD London is a source of leading edge expertise covering all aspects of foreign direct investment, asset protection and double tax planning. We offer tax efficient outsourcing know how to help clients grow their businesses, expand into international markets and reduce business costs. These solutions are based around three main procedures: Change the location of the company residence to reduce taxation, Change the source of revenues and expenses, Reduce the tax burden of the company. This extends incorporation services, trust and trustee services, accounting services, procurement services, virtual offices, invoicing, the opening and administration of bank accounts, management of trade finance and documentary letters of credit, obtaining a special license in the Seychelles, the constitution of a common investment fund in Seychelles, establishing a bank in the Cayman Islands, yacht management and property ownership structuring. To provide you with a tailored service, ICD- London works with the most recognized offshore jurisdictions in the business world: Costa Rica, Anguilla, Bahamas, Belize, Turk and Caicos Islands, Delaware, Cayman Islands, Cyprus, Hong Kong, Mauritius, British Virgin Islands, United Kingdom, Panama, Ras al-khaimah, Saint Kitts and Nevis, Seychelles. Our success is attributable to an outstanding international team and multi-lingual professionals, comprising accountants, lawyers, bankers, international tax and trade specialists. This expertise enables our clients to benefit from a wide range of tailor-made products and services. Clients who use our professional corporate services are highly satisfied and over 70% of our new clients have been referred to us by our existing clients. As a result of our established reputation for expertise in global corporate services, ICD London successfully worked with multi-national corporations. 4 of 14
c) Our goals, beliefs and principles Who we are? A specialist in offshore companies. ICD London incorporated in 2006 in Great Britain and is specializing on consultancy in offshore and international company formation. Our company is registered in the Commercial Register of Great Britain under the Company NB: 5741196. Our professional activity is approved by HMRC under the Money Laundering Registration Number: 12520131. We comply with the laws of the various offshore jurisdictions where we operate professionally. Our advice is confidential and customized: To protect confidential information and data you entrust to us, ICD-London is committed to strict rules of confidentiality. In this regard: We guarantee absolute confidentiality about the work we do on behalf of our clients. We treat all of our records overseas customers. We meet our clients personally, to go beyond the creation of offshore company and have an active advisory role in the choice of the legal architecture of your project. To carry out your plan to form an offshore company, ICD London has a network of agents and advice in over 21 countries worldwide, in particular we have offices in France, England, Lithuania, Canada, Turkey. Our team consists of consultants, bankers, lawyers, tax specialists, who are with you in your choices. 5 of 14 5
In what we believe? Our greatest asset, and the key to our success, is our people. We believe that each of us needs a sense of satisfaction and beliefs in what we do. Because satisfaction of our clients depends on the united effort of many, we are most effective when we work together and respecting each others. Our people philosophy is simple: we take the best people, train them well, provide opportunity for personal and professional growth and empower them to use their skills to focus on our clients needs. Why we succeed? We succeed when every decision is based on a clear understanding of, and a belief in what we do. When we couple this conviction with the ability to achieve a fair and reasonable profit to ensure prosperity of the company, we can then offer long-term benefits to our clients. 6 of 14 6
Our values: In our experience in the corporate services industry we know that our clients needs are a priority and we subject everything we do to a continual process of refinement. A professional customer relationship: It is important to us that a strong and personalized relationship with our client creates an unique of collaboration when working together. For this, we organize a customized annual follow based on legal and tax security. We meet with our clients, and we are always available to answer all your needs, questions or additional services. We support you in all phases of managing your offshore company: We help you to start your company and effectively throughout its life. Competencies in action: Our business is structured around three poles: Our consultants are responsible for consulting and creation. They study your project with you and define solutions to them. Our jurists and lawyers meet your legal and tax issues, write contracts and perform all the necessary paperwork. Our accountants and auditors assist you in all areas relevant to the management of your business. Finally, a manager who knows you and supports you: There shall be and remain your contact throughout the year to answer questions about your bank, your customer / supplier relationships and offer additional services. The transparency of fees: Detailed fee and without surprises: rates include comprehensive services to create your company with confidence. Strong secrecy: We guarantee absolute confidentiality of actions on behalf of our clients. We process our customer records abroad. 7 of 14 7
OUR CLIENTS: a) Who we assist Our clients come from all walks of life. They are businessmen and women with a keen sense of wealth preservation and a being ambition to do deals and succeed in the world s marketplaces. Our clients are faced with many challenges and therefore expect a good service in everything we do for them. Our priority is in building a genuine sense of partnership with our clients. To achieve this we focus on their needs, concerns, developing a business strategy and then working together towards implementation and execution. b) Offshore for who? Most professional activities may be exercised through an offshore company, including the use and operation is similar to a normal society. Our expertise includes several categories of persons and professional activities for which the use of an offshore company is useful: 8 of 14 8
Entrepreneurs: The creation of an offshore company allows you to start a business, without having to set up an expensive infrastructure. An offshore company allows you to benefit from tax advantages and management simple. The E-Commerce: The virtual nature of the e-commerce business make it the most suitable actifivity for offshore companies. Online businesses can use an offshore company to hold a domain name and manage websites. You can choose to base the headquarters of your company in an offshore jurisdiction, to take advantage of benefits offered by these courts. Consultants: Consulting activities, or intangible services, are particularly suitable for the use of an offshore company. Indeed, such services can be provided from an offshore company and you will then receive reduced taxation or non-existent, as well as other benefits, including accounting, paperwork, and confidentiality. Possession of movable and immovable property: An offshore company can be used to hold personal property (such as yachts) and property (buildings, houses). In addition to confidentiality offered, other benefits such as exemption of certain types of taxes (eg inheritance tax) will be an asset. However, all countries do not allow the acquisition of movable property / real estate through an offshore structure; we will have to check with the competent authority, before forming the offshore structure in question. The players in international trade: The international trade transactions can be made through an offshore company. It will make the operations of buying and selling. Its gross margin will not be taxable or not, depending on the jurisdiction. Such use is particularly interesting if the merchandise from a country, it is sold in another country, while we are ourselves based in a third country. The detention of intellectual property rights: All intellectual property rights, like patents or trademarks may, be registered in the name of an offshore company. The income from these rights (royalties, sales of the rights) will then, depending on the jurisdiction, slightly or not taxed. Inheritance: An offshore company is never dying (as far as any expenses related to its operation are paid), it can, in some countries, be used as a means of succession, to avoid tax on the estate. The offshore structure may be optionally combined with an Offshore Trust or foundation to maximize the estate. The stock broker / forex: Offshore companies are commonly used to treat a stock exchange or on the foreign exchange market. The main reasons being offered anonymity (the account is opened in the name of society), and the policy of attractive tax offshore jurisdictions (little or no tax on profits made). 9 of 14 9
c) Client s Profile: If your company is a Small to Medium Enterprise or Owner Managed Businesses, there are some vital questions to be asked, the answers to which will reveal whether you are maximizing profits and reducing costs effectively. These questions include: Is your business structured for maximum financial efficiency? Have you asked for expert advice on the use of offshore and onshore structures? Do you have the potential to reduce costs by outsourcing elements of your business such as manufacturing, IT and accounting? Is your business wealth fully protected from predators? If you are expanding into new markets have you considered using virtual offices to reduce costs? If you trade or invest internationally do you have access to expertise that can structure your business in the most efficient manner? ICD London is your valued partner on all of these essential issues. We will work with you to ensure that your business is structured and supported in a way that enables it to grow and thrive, so you can focus on what you do best. 10 of 10 14
OUR SERVICES: ICD London assists our private and corporate clients inter alia in the following areas: International Banking Clients are introduced to leading banks in international financial centers which offer accounts in all major currencies, credit and debit cards, investment related products and online banking. These banks also offer trade finance, property, and yacht mortgages. International Investment Structures With the advent of globalisation the location of a holding company is an important consideration in any international structure where there is a desire to minimise the tax charge on the flow of income and capital gains. ICD London has the expertise to establish or re-structure the international operations of corporate clients utilising the world s double tax treaties. International Trading Structures Tax efficient trading in the procurement and supply of goods and services is the key to the success of many ventures. Through the utilisation of certain corporate entities, like the Seychelle of British Virgin Island international business company, clients are afforded treaty relief and other mechanisms offering tax reduction benefits. Personal Service Companies (PSCs) Clients who engage in the provision of professional services in the construction, engineering, aviation, shipping, computer software, finance and entertainment industries can achieve significant tax saving benefits through the establishment of a personal service company. E-commerce and E-Gambling Solutions ICD London has developed specialist expertise in the areas of offshore, e-commerce and e-gambling and regulation offered by the world s premier jurisdictions. 11 of 11 14
Trust and Trustee Services In an uncertain world your wealth and assets obviously need protecting. ICD London is ideally positioned to assist you in creating the structures and framework for achieving this. The mostly used vehicle for asset protection is a trust. A variety of assets can be held in a trust, including immovable assets, stocks and shares, investment products, real and intellectual property, bank deposits and life insurance policies. Double Tax Mitigation If you have income received from a country where you are not resident, you are in danger of being taxed twice on the same income. If you are working abroad in the short or long term, you will also want to ensure that double taxation does not apply. ICD London consultants can help to ensure that you gain maximum advantage from global tax treaties. Yacht Structures Through ICD London, clients can gain from the many advantages that are available through properly structured ownership and registration procedures. These benefits include reducing VAT exposure within the EU, finance packages, and where appropriate, crewing services. Virtual Office Services Setting up an operation abroad can be an extensive business. ICD London is able to offer cost-effective business presence solutions from 20 locations around the world. Carrier services offshore: Discover ICD London offshore services to reduce labor costs and increase incomes of your employees. Offshore portfolio management: Maximize your assets, protect your wealth with ICD London offshore tax advice. Intellectual Property: Artists, protect your copyright against taxation with tax solutions for IP industry. Security and anonymity on the Web: Encryption, archiving of documents and backup, setting up regular backups of customer data in a secure, customer information on the sensitivity of its data and processing to provide sensitive data (encryption, backup, media, archive sensitive documents offshore). Relocation Tax: Tax optimization services for immigrants and expatriates. ICD London responds to your request relocation. The Trust Offshore: Discover with ICD London, trust deed and offshore wealth management, tax planning that thanks to the Trust offshore allows the transfer of wealth. ICD London Personal will advice you for tax planning. Further information can be found on our website: www.icd-london.fr 12 of 12 14
POLICIES: a) How we act: ICD London overriding aim is to ensure that our professional integrity and reputation, developed for a many years, is based upon mutual trust, and engendered by the maintenance of the highest moral standards. These standards include the need to be professionally independent in all the work we do, and to treat all information we receive from clients in the strictest professional confidence. b) Code of Conduct: ICD London comply with laws, regulations and deliver best business practice standards. The global code of conduct creates a definable framework which governs our approach to doing business, and reflects the commitments contained in our business philosophy. 13 of 13 14
CONTACT US: How to contact us: If our brochure has highlighted a need that you or your clients may have, then ICD London looks forward to delivering a personal or business solution designed to safeguard wealth, reduce business costs and maximize profits. ICD London never closes for business, speaks many languages and is intimately connected with the world s cultures. Above all else our business is about people, and ours look forward to assisting you. ICD London E-mail: icd@icd-london.org Tel: +44 (0) 2071935390 27, Old Gloucester Street London WC1N 3AX United Kingdom. Web site: www.icd-london.fr 14