Offshore tax haven

An offshore tax haven is essentially a low or zero tax jurisdiction. The most popular jurisdictions are the Channel Islands , the Isle of Man and a number of Caribbean islands such as the British Virgin Islands , Bermuda and Cayman. Essentially, if you are holding money either directly or through a trust or company situated in that jurisdiction then you will suffer no local taxes whatsoever.

Switzerland is not a traditional tax haven in that there are local taxes applied but, in practice, it is possible to hold money directly or through a trust or a company in Switzerland without suffering any local taxes.

Other jurisdictions often used include Liechtenstein , Luxemburg, Gibraltar , Malta , Cyprus and Madeira . The number of tax havens is expanding and each jurisdictions has its advantages and disadvantages.

Thomas Eggar has years of experience in dealing with all of the major offshore jurisdictions and our lawyers travel regularly to the main jurisdictions and have close contacts with respected financial institutions and trustee companies around the world,

We can help you choose the right jurisdiction for your circumstances and to put in place the appropriate trust and corporate vehicles to achieve the objectives.