Personal Service Companies

Many individuals engaged in the provision of professional services in the professions and in the construction, engineering, aviation, finance, computer, film and entertainment industries can achieve considerable tax saving benefits through the establishing of a personal service company, based in a tax efficient jurisdiction.

This personal service company can then contract to supply the services of the individual outside the country in which he/she is normally resident and the fees earned can accumulate free from taxation in the tax efficient jurisdiction.

Payments to individual can then be structured in such a way to minimise income tax.