Noel Webb is Director and head of office of Venture One Legal Ltd. and his practice covers the incorporation and formation of all types of Cayman companies & partnerships, aircraft and ship registration, trademarks & patents, general corporate matters, legal opinions and property with particular focus on conveyancing.
Noel’s practice also includes acting in connection with resealing of overseas probate grants, securities investment business law ("SIBL") registrations, trade and business licensing, voluntary liquidations, dissolutions and strike-offs, mergers and acquisitions and transfers by way of continuations to and from the Cayman Island.
Fawaz Elmalki is Counsel and acts as a consultant to the Firm. He has extensive offshore corporate law and corporate finance experience. Fawaz specialises in investment funds, in particular private equity funds, real estate funds and hedge funds. He represents funds, and their sponsors, in connection with their formation and also represents institutional investors in such funds. He was formerly partner at Conyers Dill & Pearman and head of their Dubai office where he advised on Cayman Islands, British Virgin Islands and Bermuda law matters. He trained and qualified in Canada before gaining finance and corporate law experience with Clifford Chance in London, PSP Investments in Montreal and Conyers Dill & Pearman. Fawaz’s offshore practice is recognized by Chambers Global, Legal 500, Who’s Who Legal (Private Funds) and MENA Fund Manager.
The Cayman Islands is comprised of three Islands, Grand Cayman, Cayman Brac and Little Cayman, which are located in the northwestern Caribbean approximately 480 miles south of Miami, Florida. The Cayman Islands are a British overseas territory with a high degree of regulatory autonomy.
The success of the Cayman Islands as a financial centre is attributed to the tax neutral environment, a stable political British Parliamentary system with adherence to international regulatory standards, excellent telecommunications infrastructure and qualified legal and accounting service providers. There are no income taxes on individuals or companies, no capital gains taxes, death duties or inheritance taxes. Government revenues are raised through the imposition of import and stamp duties, registration and license fees and tourism. The financial services sector is regulated by the Cayman Islands Monetary Authority ("CIMA") and the Cayman Islands Stock Exchange.
The Cayman Islands are renowned as the leading jurisdiction for the formation of investments funds and structured finance issuers and Cayman Islands companies are listed on stock exchanges worldwide, including the LSE, AIM, NYSE, NASDAQ, TSX and HKSE. The Cayman Islands has signed numerous Tax Information Exchange Agreements (TIEAs), has also enacted the tax information exchange provisions of the EU Savings Directive.