I have been traveling to South Africa from the Isle of Man on business for over 20 years and I always get a sense of excitement and anticipation of how I will find the mood of the local people. The South African Rugby Team won the World Cup in November and I was hoping when […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Martin Hall of Peregrine Corporate Services. Martin has joined alongside long-standing member Nick Kelly, who is our exclusive Company Formations and Accounting Services Member in Isle of Man. Martin joined Peregrine in August 2019 and is responsible for the day to day operations […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Kate Parrish of Peregrine Corporate Services. Kate has joined alongside long-standing member Nick Kelly, who is our exclusive Company Formations and Accounting Services Member in Isle of Man. Kate joined Peregrine in April 2015 and as the firm’s Marketing Manager, Kate […]
For companies eager to enter new markets, tapping into the global, digitised world is an exciting opportunity. With the latest predictions of cross-border deals set to increase five-fold to $130 […]
Read moreWith the South African Government increasingly coming under pressure to make up billions of Rands in revenue collection they have had to look at other sources. A large number of skilled South African’s who have moved abroad have become the latest target. For South Africans living abroad the amendment to the Income Tax Act meant […]
QUESTION ONE – What are the most common structures used when international clients want to form a company in your jurisdiction? Any examples? We have both private and public limited companies in the Isle of Man, and the public companies incorporated here can be listed in the UK on the main FTSE or secondary AIM […]
The Isle of Man is proud of its innovative and entrepreneurial spirit that, over the years, has been achieved by individuals and businesses identifying what the Island is good at, building a good rapport with the local Government, and supporting each other with new ideas to accommodate growing businesses that will benefit the Island. The […]
Peregrine Corporate Services Limited (“Peregrine”) is heading to South Africa next month with three other Island-based companies to host several events between 12th and 14th February. Maitland Group, Capital International Group and Optimus Group will join Peregrine on the trip, coming together to bring the “Isle of Man Journey” to South Africa. Over three days, […]
Our article in July highlighted the impending introduction of legislation pertaining to the substance requirements for tax resident companies. The Isle of Man Government has recently released a piece of draft legislation in relation to new substance requirements, which will, subject to passage through Tynwald and will come into effect for accounting periods starting on […]
For many years businesses have relied upon “offshore” or non-resident structures to reduce or defer taxes and improve returns for their investors. How these structures are managed may, however, be taking a different turn. Tax authorities seem to be asking whether there is a business reason to set up a company in another jurisdiction. The […]
The last few years have been extremely interesting for the Isle of Man’s latest Government, and there are a number of changes coming into effect this year that will ensure the challenges keep coming during 2018. The Island’s Government needs to look ahead at this New Year positively to build on what it has done […]
International expansion has many challenges ranging from accessing new markets, absorbing new regulations and sourcing new employees. Before all this can happen though, the way a company is structured needs […]
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