18 July 2010
BVI Praised by OECD
The OECD has recognised the efforts of the BVI government in meeting and surpassing its Tax
Information Exchange Agreement guidelines.
For more information email info@wcagrp.com
15 July 2010
Corporate Directors - Warning
On the 1st October 2010 the grace period for UK companies to ensure they have at least 1 director who is a natural person ends.
Failure to comply with the act will result in fines/penalties.
For more information please email info@wcagrp.com
7 July 2010
UK Emergency Budget – Offshore implications
Capital Gains Tax increased to 28% was much lower than market expectations. Some Insurers
have argued that the 10% CGT increase makes on and offshore bonds very competitive.
No review on non-domiciles but noted that it would take place in the future.
Chancellor Osborne said the government may create a General Anti-Avoidance Rule as well
as allowing inheritance tax on trusts within the disclosure of Tax Avoidance Schemes regime.
For more information please email info@wcagrp.com
6 July 2010
Panama to Sign Double Tax Treaty with Luxembourg
Negotiations between Luxembourg and Panama have closed and Luxembourg will become one
of eight other nations (Mexico, Barbados and Italy among them) with which Panama has had successful
negotiations which they hope will one day have them removed from the OECD grey list.
They have reportedly arranged negotiations with Portugal, Singapore, Korea, Ireland and the Czech Rep.
For more information please email info@wcagrp.com
5 July 2010
WCA Awarded "Rating 1" Status by leading Credit Agency!
On 5th July 2010 Worldwide Corporate Advisors LLP, was registered as "D&B Rating 1". A risk indicator of 1 indicates that your business has a low probability of failure. To have achieved this during one of the worst economic times in recent years is a fantastic accomplishment. Only 15% of all UK companies are in this category.
WCA wholeheartedly thanks both its staff and all its clients for their support in making WCA a success.
For more information please email info@wcagrp.com
30 June 2010
Companies House Stats for June 2010
Companies House has released figures for June 2010:
Total Dissolutions – 36,165
Difference in the Number of Companies in June from the start to the end: +60,100
For more information please email info@wcagrp.com
24 June 2010
USA Court Searches
WCA would like to inform its clients that we are now able to search court records across the U.S.
For more information and details of fees, please email info@wcagrp.com
19th May 2010
Registered Office/Agent for Service reaches new countries
WCA is proud to announce that we have expanded our Registered Office service to Australasia, Japan and mainland China. WCA are now able to offer its clients both Registered Office/Agent services in those regions as well as providing a full formation and legalisation service. For more information, please email info@wcagrp.com
18th May 2010
WCA begins new Business Account link with HSBC & Barclays
WCA is proud to announce the formation of a partnership with HSBC in offering Bank Accounts for our company formation clients. For more information please email ddurham@wcagrp.com
17th May 2010
Agent For Service of Process Expanded
WCA is pleased to announce that we are able to offer our clients ASOP service throughout the US, Canada and China, in addition to our current service coverage. For more information and details of the countries available, please email: pwilliams@wcagrp.com
28th April 2010
Foreign Office increases legalisation fees
The FCO will increase Apostille Fees as of the 1st May 2010.
WCA as a measure of goodwill to our clients will absorb this increase until the 1st July 2010 whereby the fees will be introduced into our legalisation fees. Please note the increase will only be applied to the FCO disbursement and not to our fees which will remain the same.
5th April 2010
New UK Insolvency Forms
As of the 6th April 2010, The Insolvency Service will introduce new insolvency forms in order to modernise and consolidate the insolvency Rules 1986. For more information, email info@wcagrp.com