This is of course subject to ARI being abolished in April 2012 as proposed. Welcoming the news Mrs Craine commented 'This is a positive development for the Isle of Man. It is an endorsement of Government's strategy of responsible engagement with international concerns while promoting the Island's legitimate interests'. David Karran, Managing Director of IQE, commented; "The Isle of Man is widely recognised as a jurisdiction which cooperates at an international level and strives to enhance its excellent reputation further. The EU Code of Conduct Group's endorsement of the Isle of Man's business tax system reflects the Island's position as being at the forefront of the international financial community."
We have the expertise to assist with multi-jurisdictional fiduciary services for international structures
On a recent transaction we worked closely with IQE to set up and run a corporate structure to facilitate a new residential development in London. We found the IQE team responsive and proactive. It was clear that their property experience added value and understanding of the clients’ requirements on the project. Christine Jackson, Partner, Real Estate Group, Lawrence Graham LLP