KPMG in the Crown Dependencies

Family Office & Private Client Services Working towards the future

KPMG’s Family Office and The past 12 months have presented the world with Private Client team unprecedented challenges. We work with families from understands that every family, all across the world seeking to understand their objectives private client and private and aspirations for today and the future. The Crown enterprise is different. Dependencies offer stable, tax neutral jurisdictions with We are committed to incredible private wealth experience and the local KPMG developing long term Family Office and Private Client team work with our global relationships with you, your network to find the right solutions for our clients. family and your business.

Helping you on your journey

Operate Establish Grow Preserve Working with the Helping families Setting strategy Helping established family business on set up family and providing families to protect matters of offices that meet targeted expertise their legacies governance their needs for different assets

Why Crown Dependencies?

Tax Neutral Stable and private Expertise Jersey, Guernsey and — 0% headline the Isle of Man are all — Self-governed — Exceptional financial corporate tax rate jurisdictions with service professionals with different and our cross — Fiscal neutrality for independent fiscal & trustees, bankers, island team of Family non-residents administrative policies accountants and lawyers. — Beneficial tax — No public UBO register Office advisers can work regimes for high — Established legal with you to understand earners & individuals framework that is flexible Regulatory Environment with family office and robust and serves the the core characteristics — A robust domestic setups bespoke needs of that bring the three regulatory framework international families. — Wide range of double islands together as well with backing from tax agreements various bodies on the as the nuances you need Established and varied international stage private wealth structures to be aware of which Proximity such as the OECD, — Long established trust make one island more — Close proximity to UK & Moneyval & the IMF law Europe allowing hands — Prudent approach to — Foundations attractive to your on access to the family risk — Sharia Law experts structure over another. office — Central time zone

© 2021 KPMG Channel Islands Limited, a Jersey company and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Established and flexible structures

Trust Limited Company Private Trust Company — Most common entity — Maintain control & — Preferred vehicle of choice confidentiality over trust seen in offshore for protection of assets arrangements structures — Built to manage flexible — Ability to operate rapid — Limited liability decision making succession planning — Recognised internationally — Dedicated trustee service with full attention granted

Foundation Family Investment Company Private Investment Fund — Hybrid entity which — Cost effective mechanism — Specific regime with merges aspects from both for managing family additional regulatory a corporate body and trust investments flexibility — Ideal alternative for civil — Provides a “light-touch” — Managements relationship law jurisdictions where regulation which assists with investors typically trusts are less recognised with family governance closer and accountability

Service offerings

International tax compliance & advisory Cyber Security

Family & corporate Governance Risk, Compliance & Regulatory

Strategy consulting Transaction & Deal Advisory

Contact our team

John Riva Justine Howard Paul Beale Head of Tax Associate Director Tax Director Jersey Isle of Man Guernsey +44 (0)1534 608401 +44 (0)1624 681062 +44 (0)1481 755798 [email protected] [email protected] [email protected]

Russell Kelly Mark Ashburn Natalie Finlayson Advisory Partner Advisory Director Advisory Senior Manager Isle of Man Jersey Guernsey +44 (0)1624 681013 +44 (0)1534 608418 +44 (0)1481 741897 [email protected] [email protected] [email protected]

Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.