The intensifying initiatives in global tax reforms, transparency and compliance along with many local tax legislations might have an impact for businesses using low tax jurisdictions. In addition, it is increasingly more common that countries implement various anti-avoidance rules in their local tax legislations to fight aggressive tax avoidance on a global scale.
Evidently the international environment is becoming more challenging and the need to develop a proper structure with adequate resources for companies in low/zero tax jurisdictions becomes more in demand than ever before. Thus the importance of “Substance” has considerably increased in recent years.
Our firm can assist with the analysis of the business structure as well as implementation of full substance solutions designed to the individual needs of the client.
Some of the substance services we offer might include:
- Rental of office space / separate offices
- Registered office address
- Dedicated telephone and fax line
- Secretarial and administration services
- Access to conference room and office facilities
- Providing qualified staff
- Managing the business of the client.