Copyright © 2013 - 2018. Tai Pan Management Services Ltd., Reg. No 1942748 Registered in Hong Kong. At 65-67 Bonham Strand East
We are a team of accountants, corporate managers and banking specialists with many years of experience in dealing with company structuring and tax planning and assisting companies and individuals in setting up offshore businesses and accounts.
Tai Pan Management Services Ltd., a member of the TMS Group, provides a one stop solution to your business needs in a friendly and professional manner.
Latterly, privacy, or rather the lack of it, has also encouraged us to rebase our operations away from Europe and the USA, and towards the Far East. Recent revelations e.g. Snowden, Wikileaks etc. have shown us that the old style reliance on “offshore companies” to shield profit from the various high tax revenue authorities is simply no longer effective.
Investigators now ignore the structure and ‘follow the money’ by bullying the banks into ‘co-operating’ in the name of ‘transparency’ or ‘preventing harmful tax practices’- in order to expose untaxed funds. The same investigators in Germany, France, the UK and other countries, have, without scruple, bought data stolen from banks and corporate service providers.
Our aim is to assist clients to pay the lowest possible taxes, and can do no better than to quote U.S.Judge Learned Hand (Commissioner vs. Newman. 159 F.2d 848 (1947):
“Over and over again courts have said there is nothing sinister in so arranging one's affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands; taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant...”
First we assess the client’s requirements and what he is trying to achieve. We then recommend one or more solutions. At its simplest, this may involve the use of a low tax structure e.g. Singapore, Cyprus or Hong Kong, itself owned by a zero tax IBC to which dividends may be paid. Other possibilities include the use of agency structures for businesses operating in high tax countries.
The privacy of our clients is of outmost importance to us. Under no circumstances, short of a court order served directly on us, would we disclose any information about a client to any third party without that client’s consent.