The old days of using corporate entities in offshore jurisdictions, such as the British Virgin Islands, as a way to dodge taxes are largely gone, according to Jonathan Clifton of Vistra. Photo: Handout

Hong Kong-based Vistra aims to be one of the global ‘big four’ in the corporate services industry

  • The corporate services industry is entering a new era, shedding its association with tax shelters and expanding service offerings, according to Jonathan Clifton, regional managing director, Asia and Middle East, at Vistra
  • The industry is in a similar position as the accountancy and tax advisory business 30 years ago, before consolidation created a ‘big four’ of dominant global players
Topic |   Chinese offshore investment

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The old days of using corporate entities in offshore jurisdictions, such as the British Virgin Islands, as a way to dodge taxes are largely gone, according to Jonathan Clifton of Vistra. Photo: Handout
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