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January 13, 2020

For the first time, legal persons and other entities are obliged to declare their Ultimate Beneficial Owners (UBO) to the Central Register of the Ministry of Finance (MFA).

For the first time, legal persons and other entities are obliged to declare their Ultimate Beneficial Owners (UBO) to the Central Register of the Ministry of Finance (MFA).

February 24, 2014

Fifth-generation family business Fiat is losing its image as an Italian company, according to an Italian business expert, as it expands globally and moves its tax affairs and company registration to other European countries.

Fifth-generation family business Fiat is losing its image as an Italian company, according to an Italian business expert, as it expands globally and moves its tax affairs and company registration to other European countries.

Founded by Giovanni Agnelli in 1899, the company is now headed by fifth-gen John Elkann, who confirmed this month that the carmaker was moving its tax domicile to the UK and registering its business in the Netherlands.

March 1, 2008

The market for offshore yacht and aircraft registration is heating up and stimulating a competitive spirit, says Reg Crowder, bringing nothing but good news for both owners and buyers of luxury yachts and aircraft

The market for offshore yacht and aircraft registration is heating up and stimulating a competitive spirit, says Reg Crowder, bringing nothing but good news for both owners and buyers of luxury yachts and aircraft

Never before have owners and buyers of luxury yachts and aircraft had more choice of places to register their sumptuous transports. Finding the right jurisdiction is ultimately more possible, if not a little more challenging.

May 1, 2004

Buying a superyacht means buying a lifestyle. It is the ultimate luxury purchase but it need not be a tax burden – provided that you take good professional advice

Howard Callow  is general manager of private client service at Bank of Bermuda, Isle of Man. (Reprinted from Private Wealth Management 2004.)

Buying a superyacht means buying a lifestyle. It is the ultimate luxury purchase but it need not be a tax burden – provided that you take good professional advice

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