Offshore

Bermuda's Economic Substance Amendment Act 2026 transfers regulatory oversight from the Registrar of Companies to the Bermuda Tax Authority (Cita), consolidating tax regulation under specialized expertise.

The PRC Ministry of Finance and State Taxation Administration have issued a groundbreaking announcement imposing individual income tax on offshore trusts with Chinese connections, treating them as tax transparent structures. This regime creates tax triggers throughout the trust lifecycle and includes a critical 90-day transitional filing window for existing structures. Affected individuals with offshore trusts connected to PRC residents or assets must urgently assess their compliance obligations under this

On 23 July 2026, the Central Bank of Ireland (Central Bank) published its feedback report on its review of delegation in the Irish funds sector (Report).

Where UK property is held through an offshore company, the dissolution of that company can create serious title problems. Around 100,000 properties in England and Wales are held through offshore companies.