global trust & corporate services
trusted to deliver...
Your future
On our horizon
Protecting wealth is about structuring and optimising assets. The only way to achieve prolonged protection is through successful, long-term partnership. A bespoke trust, complex fund or capital markets structure requires advanced planning and co-ordinated management. SMP Partners is about close collaboration. We combine individual needs with collective expertise and dedicated resources. With a meticulous approach to global trust and corporate services, the relationship we have with our professional intermediaries, corporate and private clients has been at the core of our company’s evolution since our business began in 1980. So we listen and comprehensively understand each client’s need to seek clear solutions. Independently owned and with considerable scale and substance, SMP Partners has the resources and commitment to deliver on its promises.
One location. One world.
With a global client base and structuring solutions spanning over sixty different jurisdictions and one hundred and forty motivated people prepared to respond, we are able to act thoughtfully, responsibly and promptly in delivering total assurance. Anywhere.
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The Isle of Man is distinctly different. A part of the British Isles but not the UK, an independent Island that is proud of its ancestry, stable heritage and proactive stance and outlook to the future. With its status as one of the world's leading international financial centres further supported by its long-standing AAA rating, the Island has built a reputation for providing strong fiscal and regulatory policies that ensure responsible business behaviour.
For SMP Partners, the Isle of Man provides the foundation on which to deliver superior solutions and outstanding service. For clients, it provides the peace of mind and confidence that their affairs are being managed in an established and highly regarded jurisdiction affording them the protection they seek.
A picture of stability,
An image of dependability
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Areas of expertise,
Fields of knowledge
Working directly with you or through your existing advisers, from outline discussions and appraisals, we tailor individual solutions that fit. Precisely and specifically. Perfectly and seamlessly. Whilst answers are jointly conceived and implementation is a team effort, coordination is through an experienced relationship manager. Continual, expansive dialogue ensures that delivery is always robust and intrinsically inclusive.
Discover a way forward
Individually or collectively, each division of SMP Partners is dedicated to support and advance the original aspiration. • Trust Services • Accounting & Tax • Fund Administration • Capital Market Services • Company Formation & Management
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With the breadth of knowledge and expertise to understand the risks and manage the diverse needs of large institutions to those of international private clients with diverse asset classes, the Trust company of SMP Partners stands apart.
With a team of specialists, we are able to deliver and manage multi-jurisdictional trust solutions, whatever the level of complexity. Establishing and agreeing long-term objectives within the parameters of the Trust gives confidence and certainty that our clients’ affairs are understood and their long-term objectives met.
Specialist areas include: • Bespoke wealth protection and management strategies • Complex capital market and securitisation transactions • Asset protection and anonymity • Tax optimisation and succession planning • Private Trust Companies For private clients wishing to protect family assets and optimise wealth which may include trading entities, complex investments and prized assets - art, yachts and aircraft - as well as estate planning, a bespoke trust is the definitive, most effective and robust solution. Increasingly accepted internationally as a structuring solution for corporate institutions and international banks, the Trust is frequently utilised in a variety of complex financing arrangements and capital market transactions. Fundamentally, for SMP Trustees, the solutions we provide are bespoke and built around your long term ambitions and goals.
Trust Services
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Accounting & Tax
Worldwide, the regulatory and tax environment is an ecology of complex and onerous rules. Relieving the time consuming and administrative burden is one of life’s valuable benefits. We have a multi-disciplined team of qualified accounting and tax professionals who provide a full range of advisory, compliance and transactional services. With the primary focus being on the preparation of accounts for companies, partnerships and trusts, in any common law jurisdiction, we work closely with clients’ existing accountants and advisers. Accounts are prepared in accordance with UK or International Accounting Standards for companies and trusts located in the United Kingdom, Republic of Ireland, Channel Islands, Hong Kong, Isle of Man, Gibraltar and BVI. Accounts can also be prepared for US LLCs, companies and trusts in all other notable international jurisdictions. Our accounting service is as flexible as it is reassuring. From bookkeeping on a daily basis and the preparation of quarterly management accounts, to the appraisal of trading documentation and records, the service offered is as comprehensive as you need it to be. We can also arrange for the audit of annual financial statements when required.
Often working with clients’ existing advisers, developing tax strategies for the individual, expatriate, entrepreneur or corporate client, we assess the needs and design particular structured solutions that address the following:
• Corporation and international withholding taxes • Capital and property taxes • Income and inheritance taxes
In addition, tax compliance services are provided for the preparation and submission of annual tax computations and returns for individuals, trusts or corporate entities. For corporate organisations trading across Europe, we also offer VAT registration, completion and submission of returns.
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Draw on specialist resources, sketch the solution, and picture the plan. Fund administration from SMP Partners is an illustration of unrivalled service and exceptional client care.
We are able to capitalise on group-wide capabilities that connect creative access to an established international network of external professional partners, banks and custodians.
For the private or institutional client, fund promoter or sponsor looking to establish, manage or administer an investment fund, the Isle of Man has become the preferred jurisdiction. Combining a flexible yet robust fund regulatory system with a wide range of fund types, many hedge funds, property funds and other alternative investment funds now consider it the jurisdiction of choice. By capitalising on its increasing international reputation the Island has built an impressive portfolio of listed funds investing in a diverse range of asset classes throughout the world. Regardless of the jurisdiction of the fund’s incorporation, from the uncomplicated private investment fund to a complex multicurrency, multi-class listed fund, we can provide a range of administrative services that include: • Assisting with the establishment its associated corporate vehicles • Maintaining the statutory records • Provision of corporate secretarial services officers and company of the fund and
• Structuring and tax advice; liaison with external lawyers/auditors
• Maintaining the share register, including the distribution of notices of meetings, distribution of accounts etc • Net Asset Value calculation and publication • Preparation of financial statements
Fund Administration
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Capital Markets
Significant experience is an asset and a prerequisite in formulating solutions with a Capital Markets context. Knowledge and expertise developed over many years has enabled us to deliver complex, multi-faceted solutions for our clients and their advisers. A dedicated team advises, consults and works in close partnership with many top tier international corporate advisers, law firms, bankers, insurers and accountancy practices. Working with international groups, we can develop and establish coherent and transparent corporate structures, facilitating acceptability in and access to both the debt capital and equity capital markets Specialist skills built in this area include: • Strong and growing emerging market credentials with key mandates originated in Russia, CIS and Asia • Multi-sector experience - Metals, Oil and Gas, Telecoms, Retail and Real Estate • Significant responsibility for multi-jurisdictional, multi-billion dollar trading assets
Our solutions are dictated by specific requirements, existing ownership structures and operating locations, coupled with a firm understanding of a client’s medium and long term commercial and familial aspirations. Whatever the solution, with us you will come to the market with absolute confidence.
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For every significant global jurisdiction, we utilise an extensive international network to incorporate and manage companies. With careful thought and prudent partner selection, our clients receive a service that is both efficient and cost-effective.
We have the expertise, knowledge and support to create and sustain innovative solutions from the simple and straightforward investment holding company to the complexity of a stock exchange listing for an international group. Incorporating and providing professional management of companies and partnerships, our service is comprehensive and wide ranging. Experienced relationship managers direct a team of tax, accounting and legal professionals to provide integrated solutions that include: • Structure and jurisdiction advice based on an analysis of future needs • Incorporation and registration of corporate entities in all major jurisdictions • Readily available companies • Registered office facilities • Directors and company officers • Nominee holders of shares or other assets • Company Secretarial services • Bank liaison • Administration and day to day running of corporate entities The range of companies and partnerships under our guardianship is diverse and the activities include the following: • • • • • • • • Group Holding Trading Activities Royalty Companies and Intellectual Property Solutions Financing Companies Real Estate and Asset Holding Yacht and Aircraft Ownership Art and other luxury collectibles Service and Consulting Companies
Company Formation & Management
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Personal principles,
collective vision
Every client is different. Every client is important. These two statements underpin everything we do, our approach and way of thinking.
All companies aspire to provide superior service, we have an inbuilt desire to deliver it.
Our service is superior because it is inherently linked to personal inspiration. Creating a culture that stimulates and drives people always to go beyond the call of duty has established and enhanced SMP Partners’ reputation. This is perhaps best reflected in the continuing long-standing associations we enjoy with both clients and their advisers. Our understanding and clarity of decision-making builds a sustainable and mutually rewarding commercial relationship. With broad professional expertise so effortlessly available, regardless of the complexity and geographical scope required, the solution is always fluently delivered.
Share the experience
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SMP Partners P.O. Box 227 Clinch’s House Lord Street Douglas Isle of Man IM99 1RZ Tel: + 44 (0)1624 683 229 Fax: + 44 (0)1624 612 624 Email: info@smppartners.com
www.smppartners.com
SMP Partners Limited and SMP Trustees Limited are licensed by the Isle of Man Financial Supervision Commission to provide corporate, and corporate and trust services, respectively. SMP Fund Services Limited is licensed to provide collective investment scheme services. SMP Accounting & Tax Limited is a member of the ICAEW Practice Assurance Scheme. The information in this brochure is intended for general guidance only and should not be applied to individual circumstances without professional advice. No liability or responsibility for loss to any person acting, or refraining from action, on the basis of any material in this publication can be accepted by any member of the SMP Partners Group of Companies. SMP Partners Limited, SMP Trustees Limited, SMP Fund Services Limited, SMP Accounting & Tax Limited and SMP Capital Markets Limited are members of the SMP Partners Group of Companies.