Uses of an Offshore
Services Structure
Below we illustrate some situations where an offshore structure is used:
1. Taxation
 Offshore structures can effectively mitigate taxation, although specialist local advice should always be taken by a client.
2. Investment
Your offshore company provides the ideal vehicle to hold investment portfolios. We act for high net worth individuals from all over the world administering companies which hold quoted and unquoted investments. We have excellent relationships with investment advisors and stockbrokers in many jurisdictions and, despite time differences, are able to deal with client instructions on a "real time" basis.
3. Consultancy & Professional Services
 Your offshore company can provide a very effective vehicle for the provision of professional services in computer, entertainment, engineering and other fields.
The company enters into a contract for the provision of services, and the fees accumulate offshore. The consultant is then remunerated in a way to minimise income tax in his or her country of residence.
Structures can also be set-up for companies which employ staff on overseas contracts and assignments.
4. Property and Real Estate
City Trust has significant expertise in the acquisition and management of real estate on behalf of clients. Owning property through offshore structures holds many advantages in particular to persons of Non-Resident and or Non-domicile status. We will work with your professional advisers to ensure that the most suitable structure is available to maximise the benefits that such planning can provide.
 5. Shipping
Vessels registered on the Isle of Man shipping register sail under the British Flag, which carries all of the prestige of a Class A Register, whilst still enjoying all of the advantages of a low tax area, including exemption from taxation.
We can also deal with the registration of private vessels, whether or not used for charter.
6. Yacht Ownership, Chartering and Management.
 City Trust provides management services to yacht owners. We can assist you with the acquisition, registration and importation of your vessel. We will work with you in chartering and managing the vessel where your yacht is commercially registered.
|
The Isle of Man Aircraft Register allows private jets and helicopters the unique opportunity to gain an “M” registration. The register offers the same high international standards as the familiar United Kingdom “G” prefix. All users of the register will be able to benefit from the Isle of Man’s favourable tax regime. In addition to a zero rate of corporation tax, there is no Manx insurance premium tax (usually 5%), significantly lowering the cost of operating aircraft from the Island. City Trust will be able to assist you in acquiring and registering your aircraft.