Case Studies

International Trading Business

DCTS was approached in late 2012 to assist a client of an international bank with their needs for two Isle of Man operating entities as part of a significant International trading business with headquarters in Africa.

Working hand in hand with the bank and the underlying client, DCTS established an Isle of Man based infrastructure, allowing the client to efficiently run the day to day operation of the company through the Isle of Man, freeing up the Board of Directors to concentrate on driving the company's strategic objectives whilst DCTS take the majority of the administration functions for the company.

Solution for:

Corporate
Corsiom Concept

Business Jet Registration and Formation of Owning Company

A Middle Eastern company approached DCTS to assist in transferring the registration of a business jet from another international registry to the Isle of Man Registry and establish an Isle of Man company to own and operate the jet.

DCTS assisted the company and its advisors with the formation of the company and the underlying documentation with the Isle of Man aviation registry to re-register the asset.

The underlying structure is now operating in a trouble free manner and the same client is now looking to purchase and operate a second business jet for private use and is in the process of forming a further holding entity through the Isle of Man and the registration process for the jet will commence at delivery.

Solution for:

Aviation

Assisting in AIM Company Floatation

DCTS was approached by an intermediary with a track record in successfully floating fast growing companies on the London's AIM market.

The project involved setting up an Isle of Man holding company to be listed in the stock market in two years time. The Isle of Man company owns operating companies based in Central America and active in the agriculture/renewable commodities.

DCTS actively established the Isle of Man company and assisted with its legal advisor in drafting the various documents in order for the company to start successfully its operations.

DCTS is currently active in supporting the company with its private placement of shares, as its first step in the road to go public.

Solution for:

Corporate
Corsiom Concept

Superyacht Registration, Formation of Owning Company, Importation and MLC Compliance

A company from South East Europe purchased a new build superyacht in 2012 which is due for delivery in the summer of 2013 and DCTS were asked to establish an Isle of Man company to hold and operate the new build, whilst also assisting on build contract issues and delivery.

DCTS worked hand in hand with the underlying owner and his professional advisors in order to establish the best jurisdiction for importation post build in order to ensure the smooth delivery of the vessel.

Post delivery DCTS will work closely with Döhle Yachts to crew the vessel and operate under the correct rules of the Flag State, whilst following the rules of the Maritime Labour Convention which comes into force in August 2013.

Solution for:

Superyachts