Looking for all the benefits of island life, in a safe, sophisticated setting?

While recent events have put a temporary halt on global mobility, as the pandemic dissipates it seems likely that there will be increasing interest from high-net-worth individuals and their families in having their primary or secondary residence in an offshore location.

Related briefings

Recognition and Assistance for PRC Insolvency in Hong Kong

Synopsis A recent case in Hong Kong, has demonstrated both the ability and willingness of common law courts to recognise insolvency appointments made by the courts of the People’s Republic of China (‘PRC’), and to grant appropriate assistance at common law. It is to be hoped that this proven track record will pave the way for easier recognition of common law court appointed liquidators in PRC, where, unlike in common law countries, such recognition is subject to the principle of reciprocity.

Cayman Islands Updated Economic Substance Guidance

Version 3.0 of the Cayman Islands guidance notes (“Guidance”) on the Cayman Islands’ economic substance legislation provides additional assistance in interpreting the International Tax Co-operation (Economic Substance) Law (the “ES Law”).

Latest Briefings

Coronavirus Update: Working From Home (again)

A government campaign was launched in early August to actively encourage employees to return to the workplace in an attempt to boost the wider economy and revitalise city centres that had been left empty after months of lockdown. However, within two months, the pandemic appears to have taken a turn for the worse and the government announced yesterday that once again people should work from home wherever possible.

Ukraine relaunches privatisation

September 2020 – Yesterday, 22 September, the President of Ukraine signed the Law which amends the Law of Ukraine “On privatisation of state and communal property” (the “Law”), introduces parliamentary control over the privatisation of state property and “unfreezes” the preparatory procedures to privatise large-scale state-owned objects. The Law was adopted by the Ukrainian parliament on 8 September 2020 and will become effective after its official publication.

Cyprus introduces film production incentives

Producers and media companies are invited to utilise the Cyprus landscape and infrastructure and enjoy a variety of legal, corporate and tax incentives for filming in Cyprus under the new Cyprus Filming Scheme.

Legal guide to pre-enforcement steps under Jersey and Guernsey law

The temporary Covid-19 protections offered by the UK government to businesses to prevent them from being subject to winding up petitions or wrongful trading actions are currently due to expire at the end of September (although an extension is very possible).

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Taylor Wessing cements Wilson Sonsini ties with Covid-19 tech venture

Taylor Wessing has worked with Wilson Sonsini Goodrich & Rosati on a new technology product to help clients concoct their return to the office strategy, the latest step in a non-exclusive agreement relationship struck by the two firms in 2019. The firms relied on software development work carried out by SixFifty, a technology subsidiary owned […]

cafe rouge

Deals round-up: the Travelex pre-pack and the saving of Café Rouge

Hammerson, which has struggled to recoup rent owed by tenants, called upon Herbert Smith Freehills, CMS and Davis Polk & Wardwell as it pins its hopes upon a £800m raise to survive the crisis.  Herbies took the lead for the shopping centre landlord, which has looked to restore its finances via an emergency rights issue […]

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