Personal
Areas of Practice
Expats Tax Services
Expats who temporarily move abroad may face not only the complexity of a foreign tax system; they may also remain liable to some taxes at home. Hence International Tax Planning is essential to avoid unnecessary double taxation.
For most of our clients, the most valuable advice provided by us is based on our deep understanding of tax systems in various countries, enabling us to point out the interaction between the country of residence and country of domicile (often in Common Law Jurisdictions). In any way it is possible to end up in a Tax Residency in one or more countries, triggering Tax Liabilities in each country.
Foundations
In most Common Law jurisdictions estate planning may include the use of Trusts.
However, in most European countries the legal system governing estate planning is very different, and will most probably include ‘forced heirship’ laws and the imposition of succession or gift taxes (which are paid by the beneficiaries, the settlor or even both).
Some countries would not recognize the legal system of Trusts and did not enter into “The Hague Trust Convention” – an international agreement on the Law Applicable to Trusts and on their Recognition. The use of Foundations (Stiftungen) is more common.
Individual Taxation
Our professional team of Experts is specialized in International Taxation and focussed in Tax Consulting & Advisory with international experience. We will, therefore, bring Expats and high net worth Individuals valuable high-end expert advice focused to cut down your Individual Taxation.
We take care of the whole process, from Accessing your personal circumstances, Tax Consulting and Advisory to suit fit your needs and implementation of better suitable structures.
Arrange your personal initial Consultation free of charge via Skype.
Inheritance & Succession
Being unaware of international Inheritance & Succession laws can result in costly surprises, in some cases even result in tax issues if tax debts cannot be paid right on time.
Succession Law is governed by the jurisdiction of the country in which immovable assets are situated. Everything else such as cash in bank, stocks and shares are governed by the jurisdiction of your domicile or residency. Needless to say that there vast differences between Common Laws and Continental Laws.
We are specialising in international inheritance tax planning and foreign wills and will deal with issues if one passes away.
Legal Advisory
A professional and highly skilled Legal Advisory Team, with international experience, will bring you outstanding high-end expert advise you can rely on.
Chenevieres Consulting SA (CCSA) is mainly specialized in International Taxation and related topics like Succession Planning and Inheritance, Migration (EU and Offshore) as well as Registration of Trademarks and its Management.
Besides Legal Advisory, we also offer reliable and sophisticated Corporate Services meeting high Expectation of our Clientele. This is the key to success.
Tax Planning
Expats who temporarily move abroad may face not only the complexity of a foreign tax system; they may also remain liable to some taxes at home. Hence International Tax Planning is essential to avoid unnecessary double taxation.
For most of our clients, the most valuable advice provided by us is based on our deep understanding of tax systems in various countries, enabling us to point out the interaction between the country of residence and country of domicile (often in Common Law Jurisdictions). In any way it is possible to end up in a Tax Residency in one or more countries, triggering Tax Liabilities in each country.
Trusts
In most Common Law jurisdictions estate planning may include the use of a Trust.
However, in most European countries the legal system governing estate planning is very different, and will most probably include ‘forced heirship’ laws and the imposition of succession or gift taxes (which are paid by the beneficiaries, the settlor or even both).
Some countries won’t recognize the legal system of a Trust and didn’t enter into “The Hague Trust Convention” – an international agreement on the Law Applicable to Trusts and on their Recognition.
In such cases, all Trusts Assets are deemed to be personal assets of the Settlor if it comes to Wealth Tax. To avoid unnecessary taxation, proper tax planning is key.