Aminews

CRS reporting deadlines rapidly looming in the horizon

Roles are now at stake’ in financial institutions around the world as they get to grips with the Common Reporting Standard (CRS). With nearly 30 early adopter CRS deadlines rapidly looming many institutions and organizations are under pressure as some of these deadlines represent high volume deadlines when financial institutions need to supply a significant amount of reporting data to early adapter jurisdictions.Learn more

Increase in regulatory reporting needs from existing and new clients globally

The ever-evolving regulatory landscape is forcing corporations, asset and fund managers, family offices and financial institutions to solve multiple regulations and compliance rules simultaneously.Learn more

Cyprus becomes Amicorp’s 12th Fund Services jurisdiction

Amicorp’s Office in Nicosia, Cyprus now fields a dedicated fund services team, further enhancing our offering both globally and within the EU. The launch comes on the back of Cyprus’ emergence as a credible fund domicile as evidenced by the tripling in assets under management since 2013, and the admission in 2016 of the local industry association, CIFA, as a full member of EFAMA, the corresponding pan-European body.Learn more

Amicorp Group: Assurance Solutions

One of Amicorp’s core businesses is the provision of global compliance and regulatory services through its Assurance solutions platform. More than half of the top 10 global private banks, asset managers, family offices and independent financial advisors have chosen Amicorp as their preferred business partner because of our specialist knowledge and services in the regulatory and compliance field across various continents.Learn more

Advantages of Spain’s ETVE for investment entities

Amicorp Group is an independent global service provider of a broad range of assurance, administrative, legal, corporate secretarial and support services. Our group has specialists worldwide in over 40 offices in over 30 countries. Learn more

Hurricane Irma – Amicorp Office in BVI

Following the devastation that has taken place in the Caribbean and in Florida we would like to update you on who you can contact in case you need urgent information.Learn more

US Non-Resident Alien Estate Tax Trap by Chinese Owners of US Situs Assets: also significant for other foreign buyers

The United States still remains the emigration destination of choice among Chinese HNWI. On July 15th, 2017 Hurun Research Institute in association with Visas Consulting Group released the “Immigration and the Chinese HNWI 2017”. Learn more

PFIC, CFC and K-1s: US tax implications and reporting requirements with US investors in offshore funds

When offshore funds have US investors, all too often the fund administrators to the offshore funds will have to start dealing with the complex US tax reporting, because US tax law applies to US persons no matter where they live and invest their money.Learn more

Amicorp’s White Label Services Offering

Allowing your company to remain focused yet also expand your client base and your global offering. Amicorp would like to announce the launch of a formal White Label Services Offering. Learn more

The most recent CFC case in China

Anti-abuse mechanism increase in the era of BEPS. In a recent CFC case the Suzhou Industrial Zone Tax Bureau of Jiangshu Province attributed the undistributed profits of a Hong Kong company (“HK HoldCo”) to its Chinese resident parent company (“ParentCo”). Learn more

Mexico: Regulations for Capital Repatriation 2017

As previously mentioned in an Aminews, on January 18th, 2017 a Decree for repatriation of funds maintained outside Mexico by Mexican companies, individuals and permanent establishments in Mexico (the “Decree”), was published in the Federal Official Gazette.Learn more