Abu Dhabi Global Market

For local, regional and international companies ADGM is a gateway to Abu Dhabi, the UAE, the wider Middle East, Africa and Central Asia, as well as a bridge between Europe and Asia. It is independent and self-governing, with directly-elected legislative assemblies and its own administrative, fiscal and legal systems. There are 90 double tax treaties already in force and another 39 under negotiation. At present VAT is the only tax levied.

A strong regulatory framework (based on English legal principles) with three independent authorities – the Registration Authority, the Financial Services Regulatory Authority and the ADGM Courts – is recognised as such by the World Bank and IMF. This sophisticated and comprehensive infrastructure of laws and regulations promotes investor confidence, creates value and has helped ADGM be named regional Financial Centre of the Year (MENA and EMEA) several times in recent years.

Hong Kong

Uniquely positioned at the intersection of Chinese and international capital flows, Hong Kong is the global business community’s gateway to mainland China and a regional hub for legal, financing and asset management services.

A stable and fully-convertible currency, no exchange controls, low tax rates and a simple tax structure make Hong Kong an efficient environment in which to do business. Its sound regulatory regime meets prevailing international practices whilst allowing the free flow of capital and information. As Asia’s second-largest private equity centre, it manages about 20 per cent of the region’s total capital pool.

Hong Kong is a popular, tax-efficient jurisdiction in which enterprises in the People’s Republic of China (PRC) planning a stock market flotation (IPO) can locate their employee benefit trusts. Trustee licensees must comply with strict anti-money laundering and terrorist financing laws.

Jersey

Jersey is long-established as a politically and economically stable offshore financial centre. As a British crown dependency, it is independent, self-governing (with its own fiscal and legal systems and a directly elected legislature) and not part of the EU.

A strong regulatory framework (based on English legal principles) is recognised as such by the World Bank and the IMF. The OECD gave Jersey its highest score for tax transparency. The island’s financial authorities actively encourage high-quality business to the island. A sophisticated and comprehensive infrastructure of laws and regulations promotes investor confidence and helps create value.

All Jersey’s banks rank among the top 500 worldwide, attracting clients from more than 200 countries. 

Malta

As a full member of the European Union, Malta is highly regulated and a secure financial environment. Malta is a member of all the main EU regulatory agencies and of global oversight bodies such as the International Organisation of Securities Commissions and the International Association of Insurance Supervisors.  The provision of pension services is a regulated activity overseen by the Malta Financial Services Authority (MFSA). and all pension funds are independently audited annually.

Malta has in excess 70 double taxation treaties and is the only country to have a very particular treaty with the United States along with the appropriate domestic legislation to govern pensions. This US tax treaty makes it the ideal home for our pioneering Mdina Master Trust Retirement Scheme, a properly tax-efficient retirement plan for US permanent residents and citizens whose employer and employment are both located outside the US. 

Switzerland

Switzerland is legendary for its stability and fierce neutrality. Its world-renowned banking sector (finance supports one in ten Swiss jobs and about 13% of total economic output) provides a wide range of banking and insurance products. An historically low-inflation and low tax economy is strongly orientated towards exports and direct investment abroad. Add regulatory framework and changes.

As a key European communication and transportation hub, Switzerland borders three of the four largest European economies and boasts four national languages – German, French, Italian and Romansh. English is so widely used in business it almost ranks as a fifth. Very close relations with the European Union (Switzerland’s most important trading partner) are protected by broad-based bilateral agreements. 

We make a complex world simple

TMF Group is a leading provider of critical administrative services, helping clients invest and operate safely around the world.

With more than 10,000 colleagues in 125 offices across 86 jurisdictions, all working to the same high standards of service and security, we provide our clients with local expertise where it is needed most. Our locations cover 92% of world GDP and 95% of FDI inflow.

We are a key part of our clients’ governance, providing the accounting, tax, payroll, fund administration and legal entity management services essential to their success. We make sure rules are followed, reputations protected and operational compliance maintained.

Our global service model and technology platform put our clients in control of their portfolio of entities and global locations. The data insights we deliver keep them on top of emerging regulation, the status of their own activity and any points of risk.

We serve corporates, financial institutions, asset managers, private equity and real estate investors, and family offices. Our clients include the majority of the Fortune Global 500, FTSE 100 and top 300 private equity firms.