Dominion’s Top Tips for holding Virtual Board Meetings

What is a virtual board meeting? Virtual board meetings are meetings held by video or telephone where is it not possible for all participants, primarily, all directors, to be together physically. In today’s climate, there are many things that might be challenging your company but holding an effective board meeting shouldn’t be one of them.

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Covid 19: The latest from the GCC

Following the announcement on March 30th from the Dubai Expo 2020 steering committee regarding the possibility of the event being delayed for a year due to the Covid-19 pandemic, it would seem that the much-awaited Expo is set to become the latest in a long line of global entertainment, business and sporting events, including Euro

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International Financial Centres

The dawn of Public Registries of Company ownership is upon us and is spreading around the globe. However, the approach to its adoption is not consistent and this doesn’t serve the global financial community well.

Jersey confirmed by the EU as a cooperative jurisdiction

The Council of the European Union (Council) at its meeting on 5th December 2017 adopted its own conclusions on the EU list of non-cooperative jurisdictions for tax purposes. The list of those jurisdictions can be found in Annex I to the document entitled “Outcome of Proceedings” produced by the Council and its full version can be found here.

Retiring as Trustee? Is it really that simple?

For any Trustees of Group company schemes wanting to retire as Trustees they should be aware of the recent ruling in the Jersey Royal Court regarding a Jersey based trust (the “Trust”) and the Trustee’s desire to retire as Trustee.

Legal Fees – Should the Trustees always negotiate?

In the recent case of In the Matter of the F Charitable Trust [2017] JRC 142 the Jersey Royal Court (Court) provided guidance to the trustees as to what it expected from them when they plan to engage in litigation on behalf of the trust and what will the Court consider in order to bless such a trustee decision.

Jersey for Institutional Investing: A clear choice

Jersey Finance, which is a body that represents and promotes Jersey internationally, commissioned an independent report to illustrate Jersey’s important role in the effective management of pension funds and other institutional assets.

Effective Corporate Governance and the role of Board of Jersey Companies

The board of each company has specific aims and responsibilities that should ultimately work towards the long term success of the company. The responsibilities of the board and each individual board member are very rarely set out in the company’s constitutional documents; rather they are often set out within the terms of reference of the board meetings and/or within the documents that detail the remit and responsibilities of each individual board member.

Resident in the UK – Useful Guidance for Directors of Jersey Companies

In this briefing, I have attempted to consider two useful cases which deal with residence of non-UK companies for tax purposes.

International Tax Transparency

The Global Forum on Transparency and Exchange of Information for Tax Purposes is a multilateral framework of tax transparency and information sharing with over 140 jurisdictions participating on this initiative.