Publications

Services for Blockchain, Digital Currencies, ICOs and ITOs - Rosemont

New technologies are driving a new economy, operating under a new set of business rules. Actors in this area need assistance to help them understand the legal, regulatory, and tax environment in which they are operating. Rosemont International can help find the answers to these new questions. Find out more about how...

Tax Residence Planning

We can assist our clients in considering various residence options available, and are also in a position to assist with residence and visa applications. In addition to managing the administrative process ...

Singapore Companies

Singapore offers an efficient commercial environment in which to incorporate and operate a company, with an English based common law legal system and a gateway into the Asia Pacific region. The jurisdiction offers confidentiality and an attractive tax system with generous exemptions and incentives for qualifying companies...

Les Sociétés de Singapour - Francais

Singapour offre un environnement politique et économique stable et sûr, propice à la création et à l’administration de sociétés. La loi de Singapour est basée sur le droit commun et possède un cadre bien établi avec une législation et une documentation juridique en langue anglaise. Une société de Singapour peut être rapidement constituée et garantit...

Andorra Business

Andorra is an independent Principality situated in the Pyrenees between France and Spain. It is an independent civil law jurisdiction. The laws for business and residence have recently undergone significant liberalisation and modernisation to boost the economy and open the Principality to foreign residents. The Foreign Direct Investment Law 2012 significantly liberalised the ownership of Andorra registered companies. While Andorra is not a member state of the EU, ...

Andorra Residence

There are many compelling practical reasons for wealthy individuals and families to take residence in Andorra. Andorra is conveniently situated between France and Spain for international families, entrepreneurs and sportspersons who wish to manage their family and business affairs in a low tax western European location. Andorra is a centre for banking and financial services, with high quality accommodation and excellent quality of life. Andorra’s fiscal environment offers residents the opportunity for financial planning that may not be available elsewhere...

Andorra Companies; Societat Limitada

Andorra is a small Principality in the Pyrenees located between France and Spain. It is a civil law jurisdiction which has recently undergone significant liberalisation. The Foreign Direct Investment Law 2012 has opened the ownership of Andorra registered companies to Andorra non-residents. Though Andorra is outside the EU, it has adopted the Euro. Limited Company ‘SL’ Societat Limitada (‘SL’) is a private limited company which can be used as a holding company as well as a commercial trading company. Andorran companies are formed for a specific purpose,...

United Kingdom Residence and Citizenship

Why the United Kingdom for residence and citizenship? The United Kingdom (UK) is one of the most attractive places in the world both as a business location and as a place for private residence. The UK has long held global influence as a result of its former extensive empire, which extended its political, economic, artistic and linguistic influence across the globe...

Malta Citizenship and Residence

Why Malta is a popular country for choice of residence and citizenship. Malta is a full Member State of the European Union (EU) and a signatory to the Schengen Agreement to allow the free movement of individuals within the European signatory states. Maltese citizens benefit from visa free travel to 160 destinations worldwide. Malta has strong and growing financial services and professional advisory sectors. It is tax-efficient jurisdiction for individuals and their families from which to manage their business and family affairs. Malta has a global network of 68 double tax treaties with a further three signed but not yet in force. Malta Citizenship: The Individual Investor Programme The Individual Investor Programme (the ‘IIP’) is a popular and efficient means to obtain residence and citizenship in an EU state...

Mauritius Global Business Companies 1 & 2

Mauritius has been a member of the Commonwealth since obtaining independence from Britain. It is an internationally recognised offshore financial centre with stability, modern legislation and a sound reputation. It is in compliance with OECD recommendations and international standards of best practice, including FATF. Mauritius Global Business Companies (GBC’s) are regulated under the Companies Act 2001 and are subject to supervision and regulation by the Mauritius Financial Services Commission...

Mauritius Domestic Companies

Mauritius has been a member of the Commonwealth since obtaining independence from Britain. It is an internationally recognised financial centre with a stable Westminster style democracy, modern legislation and a sound reputation. Mauritius is OECD compliant and international standards of best practice, including FATF. Mauritius domestic companies are regulated under the Companies Act 2001 and are subject to supervision and regulation by the Mauritius Registrar of Companies...

Portugal Residence & Citizenship - The Golden Visa

Why Portugal for residence and citizenship? Portugal is the westernmost country of mainland Europe, whose colonies, during a long and impressive history, extended across Africa and into Brazil, Persia, Indochina and the Malayan peninsula, helping to create one of the world`s most globalized and developed nations. Portugal is a democratic republic, a full member of the European Union, the European Monetary Union (the Eurozone) and the OECD. It was recently ranked ahead of France, Italy and Spain for Social Progress. It is a signatory to the Schengen Treaty which created an area with no internal border controls...

Yachting Services - Rosemont Yacht Services

As a result of many years’ experience in this sector, and excellent relationships with major constructors, brokers, operational managers and charter agents, Rosemont Yacht Services and Rosemont Yacht Management boast an unrivalled service package. From its base in Monaco ...

French Property - French Real Estate - Purchase Structuring

There is an enormous variety of attractive French property from ancient to modern, in a country, coastal or mountain location. The purchasing process is reasonably straight forward with expert assistance to avoid common pitfalls ...

French Tax - Capital Gains - March 2015

The recent reforms of the law applicable to the calculation and taxation of capital gains in France has effected a profound change. Taxation of Capital Gains on Real Estate ...

SCIs - France and Monaco

The SCI in France and Monaco: A “societe civile immobillier”, an SCI, is a “civil” company, that is, not a commercial trading company, and as such it benefits from a special legal regime. Amongst other activities an SCI can buy, own and rent out unfurnished real estate. In common with any company an SCI is a legal entity incorporated ...

Holding Artwork in an international context

A work of art is seen as a good source of wealth and it is in this sence that it is taxable. The possibility of relocating the sale, the purchase and the place of storage of a work of art is a recurring issue for any collector who is looking for tax optimization. Patrimonial audit for acquisition Key questions to be asked prior to any transaction are ...

Investing in Commercial Property

Investment in commercial property in Europe is attracting an increasing number of foreign investors. Commercial property is generally an excellent investment for the buyer (landord) with an average yield of between 5% and 7% a year, when compred with a yield of 2% to 4% on residential property. From a legal standpoint, a commercial lease is usually more flexible than a stanard residential lease...

Monaco Property - Monaco Real Estate

Monaco property has historically represented an excellent opportunity, with good rental yields and strong capital growth. Furthermore, the income and capital gains generated by the property are not subject to tax in Monaco. The purchase may proceed as a direct purchase of the property or an indirect purchase of the entire shareholding of a property owning company ...

Running an SCI

An SCI is an attractive corporate structure but what are its limitations and what are the filing obligations ? This note answers these and other questions on French and Monegasque SCI’s ...

Monaco Residence

There are many compelling practical reasons to move to Monaco for international entrepreneurs and families alike. Monaco residence provides a fiscal environment that offers an opportunity for financial planning that may not be available in other jurisdictions ...

Monaco: Entertainers and Sports Professionals

Monaco has a long history of welcoming authors, performers and athletes. This note explains why Monaco retains its attraction and continues to be the residence of choice for Entertainers and Sports Professionals...

Taxes in Monaco

Taxation in Monaco offers an interesting fiscal alternative, in particular with the tightening of the tax net throughout most developed jurisdictions. Our note examines the personal and corporate tax structure in Monaco ...

Monaco Business

Monaco Business: The attraction of Monaco as a place of residence and for the operation of businesses is well known, with more than 30 000 inhabitants and a workforce of 47 000 (43,000 in the private sector) Monaco is an ideal place for you to pursue your professional life ...

Monaco SAM Formation

Monaco SAM formation: An SAM (Société Anonyme Monégasque) is a limited company which is created by its founder. The shareholders bear any losses only to the extent of their contribution to the entity. The SAM is administered by directors (administrateurs) who may be salaried or unpaid ...

Monaco SARL Formation

Monaco SARL formation: An SARL (Société à Responsabilité Limitée) is a private limited company which is formed between two or more people who bear any losses only to the extent of their contribution to the entity. Management of the company is undertaken by one or more “gerants”, who must be individuals. The gerants may be shareholders or not, and may be paid or not ...

Hong Kong Companies

As a Special Administrative Region of China, Hong Kong enjoys many benefits including the status of a free port, a good degree of local autonomy and a gateway into China. The Hong Kong legal system is common law based and with English widely spoken and used in official documents, it is an easy environment in which to operate. Companies can be quickly incorporated and are not subject to tax on non-Hong Kong profits...

Les Sociétés de Hong Kong - Francais

Hong Kong est situé sur la côte sud-est de la Chine. C’est une région administrative ayant un statut spécial (RAS) au sein de la République Populaire de Chine. Dans le cadre du principe “un pays – deux systèmes”, la RAS possède un pouvoir exécutif, législatif et judiciaire indépendant. Doté d’un système capitaliste, Hong Kong organise l’élection de son assemblée législative et possède son propre tribunal. Hong Kong est un port franc, qui permet une libre circulation des capitaux et qui dispose ...

Malta Companies

Malta is a stable Mediterranean state which has been an EU member since 2004. English is widely spoken and the state has a reputable and well-developed financial services industry. The regulatory system is aligned to internationally recognised standards with a Financial Services Authority regulating the banking and investment sector. The legal system is based on civil law and influenced by the English common law ...

New Zealand Trusts

New Zealand has a stable economic and political system and is a member of the OECD and FATF. Its legal system is based on the British common law with an established impartial judicial system. The jurisdiction has well developed trust legislation with a reputable and experienced professional services sector. Trusts are governed by the Trustee Act 1956, as amended in 1988, and related statutes...

UAE RAK International Companies

UAE was established in 1971 as a federation of seven emirates. Each emirate is governed by a hereditary emir, from whom one is appointed as the President of the UAE. Ras Al Khaimah (“RAK”) is a politically stable emirate and has recently enjoyed significant economic development with the region emerging as a global business gateway between Europe, Asia and Africa. RAK has a dynamic business environment, with no corporate or indirect taxes levied in the jurisdiction on RAK International Companies (“IC”)...

British Virgin Island Companies

British Virgin Island International Business Companies are widely used and popular offshore vehicles with good reason. With an efficient administrative system, favourable tax regime and a legal system based on the common law and English as the official language, the BVI IBC offers many advantages to those wishing to incorporate an offshore entity...

Panama Companies

Panama is an independent republic, with an elected constitutional government and an independent judiciary. It is a well-established offshore corporate and financial centre and home to the world’s largest shipping registry. The legal system is based on Spanish civil law, with a strong influence of common law in corporate legislation. The corporation law is set out in Law 32 of the Commercial Code of 1927 and subsequent decrees. Non-resident companies can be quickly and easily incorporated and shelf companies are also available. A Panamanian company is not subject to taxation in Panama on income received ...

Cyprus Companies

Cyprus offers a dynamic European low tax jurisdiction for the incorporation of International Business Companies. A popular jurisdiction that offers many benefits to trading or holding companies based there through a comprehensive network of international tax treaties as well as a favourable local tax system. The system offers confidentiality, with no obligation to disclose the identity of the beneficial owner...

Seychelles Companies

Seychelles International Business Companies are a very attractive alternative to other more familiar jurisdictions. A Seychelles IBC can be quickly incorporated at modest cost, with low annual running costs and light administrative requirements. The jurisdiction offers confidentiality ...

Trusts

There are several advantages in setting up a trust; namely asset protection, tax planning, confidentiality, estate planning ...

Trusts vs Foundations

There are several advantages in setting up a trust; namely asset protection, tax planning, confidentiality, estate planning ...

Vista Trusts

The main advantage of a VISTA Trust is that the Directors of the underlying BVI Company are able to retain control and management of the Company without interference from the Trustee ...

Private Family Trust Structures

A Private Trust Company (PTC) is a company incorporated as a trustee of a specific trust or a number of ‘related’ trusts in order to provide confidentiality, greater ‘control’ of assets while separating legal ownership and ...

Nevis - Private Trust Companies

St Kitts and Nevis is a well-established common law jurisdiction with a well-developed and sophisticated legislative background for the creation of trusts and foundations. Nevis Private Trust Companies are of particular interest to settlors as a recognised and flexible tax planning and asset protection tool. The advantages of a Nevis PTC are many, including allowing an element of control that might not be available to a settlor in other jurisdictions and the ability to hold and manage a far wider range of assets than is possible elsewhere. The use of a Nevis Multiform Foundation offers a further range of planning possibilities in this jurisdiction...

LAW 214 Trust - Monaco

Making use of Monaco Law 214: Monaco residents, who are nationals of common law jurisdictions, are frequently unaware that the Principality’s succession laws differ considerably to the succession laws of their own country and may, in certain instances, conflict with their testamentary wishes ...

Foundations - an overview

Foundations are important wealth management and private asset planning vehicles. Globally recognised and popular, especially in civil law jurisdictions where the concept of Anglo-Saxon trusts is less well known. What is a Foundation? A foundation is a legal entity, managed by a council according to the foundation’s constitution and the law of the jurisdiction in which it is incorporated...

Mauritius Foundations

Mauritius is an internationally recognised financial centre with political stability, modern legislation and an independent judiciary. It enjoys a sound reputation in compliance with OECD recommendations and international standards of best practice, including FATF. Mauritius benefits from a global network of double taxation treaties (DTA) with 43 concluded treaties and further DTA’s under negotiation. A Mauritius foundation is a well-established and widely recognised wealth planning structure...

Panama Foundations

In 1995 the Private Foundations Act (the ‘Act’) became law which permitted the creation of Foundations under Panamanian law. Liechtenstein Foundations were adopted as a guide, but adapted to provide a more modern and flexible basis for international estate and asset planning, with the ability to conduct occasional commercial transactions. Under the Act, a Foundation can be defined as a capital endowment made for a defined purpose established by one or more Founders. The Foundation Council is responsible for ...

Seychelles Foundations

Foundations in the Seychelles are a relatively new entity but one that offers considerable advantages to the founder and beneficiaries alike. The Seychelles regulatory system is modern and allows considerable scope for privacy and flexibility in the operation of the foundation. A foundation incorporated in the Seychelles is tax exempt in that jurisdiction and the law permits the holding of a broad range of assets in the foundation...

Monaco Foundations

Monaco is an internationally recognised jurisdiction with political stability, modern legislation, independent judiciary and a strong professional services sector. Monaco enjoys a sound reputation in compliance with OECD rules and international standards of best practice, including FATF. Foundations in Monaco are governed by the provisions of Law 56 of January 1922, as subsequently amended and modernized in 2010...

Family Offices - Monaco

Monaco family offices: There are many advantages in setting up a family office in Monaco; light taxation in a multi-cultural environment in a convenient European location suited to the international living styles of wealthy families…

Monaco Fund Management

Monaco Funds and Monaco Fund Management: There are many reasons for choosing Monaco as a base for Private Equity, Mutual and Hedge Fund management – well regulated financial sector, strong legal framework, sophisticated private banking and asset management sector ...

Residence Immigration & Citizenship - Global

UK Residence and Departure (in process of updating)