Professional services firm Kroll has announced the appointment of Angela Barkhouse to its offshore restructuring practice. Barkhouse will head up the division, while also co-leading its growing business in the Cayman and British Virgin Islands.
The Cayman Islands and British Virgin Islands are British overseas territories in the Caribbean, which hosts a zero-percent taxation policy; with no capital gains tax, gift tax, inheritance tax, sales tax or value-added tax across the islands. As such, this has long allowed businesses to set up offshore companies there as a means of paying less tax. This attraction of large companies and financial operators in turn provides opportunities for professional services firms, offering their advisory and…
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