Execucorp Global

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We assist South African Companies and individuals with their succession or estate planning, to mitigate their exposure to the South African environment. Execucorp recommends taking advantage of the many benefits of registering the necessary structures or entities in the Isle of Man. Owing to its political stability, business-friendly policies and an attractive fiscal and regulatory environment, the Isle of Man is a high-reputable international finance and business centre. It is also ranked as one of the most “Business Friendly” environments in Europe. Companies registered in the Isle of Man benefit from o Operating in a politically and economically stable environment o Being able to mitigate the exposure to volatile resident currencies o Operating in an environment without restrictive exchange controls o A corporate friendly tax regime o Access to a sophisticated and extensive banking system o An established legal system Individuals benefits from registering structures in the Isle of Man by o Mitigating their exposure to volatile currencies o Mitigate their exposure to high tax tax environments o Efficient estate planning Other advantages include It has sustained positive economic growth for over 25 years which has allowed it to develop into one of the world’s leading international financial centres that offers - A highly regulated AA+ rated jurisdiction (by both Standard and Poors and Moodys) - A clear and simple tax system - A number of world class local and international law firms, accountancy and business service firms. - A business-friendly environment that ranks among the top in the world. Other advantages of establishing a company in the Isle of Man include: • 0% corporate income tax • Dividends made to non-residents are taxed at 0% • No capital gains tax • No stamp duty • No inheritance tax • Double tax relief is available for foreign tax paid • No withholding tax • Losses made be carried forward indefinitely
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