WHY BASEL
A safe pair of hands
Basel Group is an independently owned provider of trust and company formation, legal and accountancy services with a presence in several international finance centres. Our eBusiness division is a leading authority in offshore legal, corporate framework and management, and the control functions necessary for online businesses to fulfil to the UK and mainland Europe.
This means we are perfectly positioned to help your business:
- Identify the tax efficiencies that can be achieved by migrating your operations offshore
- Implement the corporate framework required to migrate your operations
- Benefit from a worldclass infrastructure of eCommerce and fulfilment service providers
The ‘bottom line’ benefits to your business
The tax efficiencies to an online business can often be two-fold:
- The Channel Islands are outside the European Union and can thus take advantage of the ’Low Value Consignment Relief’ (LVCR). This means that products can be physically shipped VAT free from the Channel Islands to mainland UK if under £18 (£15 from 1 November 2011) and to Europe if under €22. As a result, high volume, low value products can be shipped to the UK and to Europe, while increasing your profit margin substantially (standard European Union rates vary between 15% and 25%).
- By re-structuring your business in a manner that moves the ’tax footprint’ of the organisation to a more benign tax environment, your overall direct tax liability can also be reduced - in some cases by as much as 25%.
Further reading - See our article: Tax Efficient Solutions
Outsourced management services
By helping you establish relationships with, or taking on the management of your key third party service providers, we can provide a more centralised function, creating further operational efficiencies to your online business.
We have access to a worldclass infrastructure of eBusiness service providers. Your online business will benefit from:
- Worldclass fulfilment solution providers
- Worldclass eCommerce infrastructure, datacentres and connectivity
- Efficient postal systems providing access to both UK and growth European markets
- Experienced professional service providers within legal, design, branding, and web development
To talk about how your online business could benefit, call Grant Twine, Managing Director, Basel eBusiness on +44 (0)1534 500 900, or fill out the form opposite and have us call you.
