The Company
NCL Corporate Services Ltd provides fiduciary and corporate services including; incorporation of companies in Cyprus and other jurisdictions, the provision of management and administration services, trustee services and wealth management. NCL corporate Services Ltd offers international tax planning using tax mitigation schemes specifically designed to match the client’s needs and circumstances.
The world is a fast changing place; established norms are being challenged almost daily, the financial crisis of 2008 continues with the sovereign debt problems within the Euro Zone and elsewhere. Additionally the recent political upheaval in the Middle East has no clear outcome.
Some things are certain; Governments in the developed world, almost without exception, will continue to find more and ingenious ways to raise and collect taxation. The profligately of Governments and individuals over the past quarter century have to be paid for. Nevertheless the prudent businessman and others will arrange their affairs both corporate and personal, as far as legally possible, to the advantage of their own, and their family’s needs and benefit.
To quote House of Lords (the highest court in the United Kingdom), Lord Tomlin stated (Inland Revenue Commissioners v Duke of Westminster [1936] AC1 (HL):
“Every man is entitled if he can to arrange his affairs so that the tax attaching under the appropriate Acts is less than it otherwise would be. If he succeeds in ordering them so as to secure that result, then, however unappreciative the Commissioners of Inland Revenue or his fellow taxpayers may be of his ingenuity, he cannot be compelled to pay an increased tax”.
For the very best confidential advice and practical solutions to your personal or corporate taxation and succession issues, please contact; either myself or a member of our specialist team.
Nicos Clerides
Barrister (Middle Temple London)