Trust
management has been a significant activity for
Gibraltar for more than fifty years. Originally
most trust business emanated from rich UK individuals
and was tax-related, but asset protection trusts
have become important in recent years, with
a much more diverse clientele.
Gibraltar
trust legislation is reasonably up-to-date,
although purpose trusts have not yet been implemented.
Many Gibraltar legal firms and banks have trust
management departments.
Gibraltar's
asset protection trust legislation is unique,
as it falls within the provisions of the bankruptcy
laws, rather than falling within the ambit of
fraudulent conveyancing laws. In order for a
creditor to commence an action in Gibraltar,
where the asset protection trust legislation
is part of the bankruptcy law, the only direct
action which can be commenced is a bankruptcy
proceeding; the standard of intent to defraud
that must be met is much narrower and generally
more difficult for the creditor to satisfy.
Accounting
and legal professionals are able to offer trust
management without separate registration, but
other persons or firms must obtain licenses
for trust management from the Financial Services
Commission.
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
Advertising & Marketing
With over 50,000 qualified readers every month our web-sites
offer a number of cost effective, targeted advertising,
sponsorship and marketing opportunities:
Display
advertising - from 'skyscrapers' to 'buttons' Content/article
submission and sponsorship Opt-in
email marketing On-line
Services Directory listings
Could your corporate web-site or newsletter benefit
from incorporating regularly updated news and content
tailored to serve your clients' interests? We can provide
a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
IMPORTANT NOTICE: LOWTAX.NET
has taken reasonable care in sourcing and presenting the information
contained on this site, but accepts no responsibility for any financial
or other loss or damage that may result from its use. In particular,
users of the site are advised to take appropriate professional advice
before committing themselves to involvement in offshore jurisdictions,
offshore trusts or offshore investments. All materials on this site
copyright LOWTAX.NET 1999 to 2007. Contact
us for further information.
