Following the EU Code of Conduct Group's confirmation that
the new legislative regimes introduced in Guernsey and Jersey have
satisfied the requirements in relation to Economic Substance, the
focus is now on implementation. Companies incorporated and tax
resident in these jurisdictions should now assess whether they are
compliant with the legislation, and if not, what changes are needed
in order to be compliant.
We are ideally placed to assist clients with an initial
assessment and have been developing a tool which will help to
easily identify if an entity is in scope based on the legislation.
Following the assessment we can then work with clients to create
bespoke solutions which include access to office space,
administration services and corporate governance solutions. These
are complemented by our established corporate, funds and private
wealth service offering.
