Basel Trust Group

Basel Trust Corporation (C.I.) Ltd was formed in 1996 and is an offshore financial services group regulated in Jersey by the Jersey Financial Services Commission. It has operating subsidiaries in Jersey, Geneva and London, as well as associated offices in a number of other leading jurisdictions. Its trustee, corporate and asset management services administer significant assets held by offshore trusts, companies and special purpose vehicles. All staff are appropriately qualified and experienced in the management of private wealth and all aspects of international trade, whether it be goods, services or investments.

In connection with the accommodation of a businesses possible needs in Jersey, Basel Trust Director, Frank Gee, explains “When establishing an operation in Jersey it is important that as much emphasis as possible be given to creating a real Jersey presence. One of the main objects is to arrange for clear management and control of all the required activities on the Island. To this effect, it is necessary to set up a Jersey tax-exempt company with the directors of that company controlling its operations. The validation of contracts takes place from Jersey (confirmation of order etc), thus ensuring that the corporate structure is sufficiently robust. Basel Trust Corporation (Channel Islands) Limited is able to incorporate and run the required Jersey tax-exempt company. It will provide all of the company functionaries (Jersey based directors, company secretary, nominee shareholders etc.) as well as the required Registered Office. The company would contract with the suppliers, e.g. hosting, fulfilment, call centre, procurement etc. The directors meet regularly, conduct board meetings and prepare the company’s financial statements. They could also help organise the provision of customer payment facilities as well as the escrow services needed to safeguard both the merchants and the banks during the funds settlement process”.

In effect, Basel Trust, working in conjunction with the other Jersey based service providers with extensive experience in this field, is able to offer businesses a comprehensive professional solution to all of their e-commerce needs”.