Guernsey contributes to guide for Indian investors
Indian investors are being given a taste of what Guernsey can offer them thanks to a landmark guide published today. "A guide to International Finance Centres: What Indian investors need to know" is officially launched in Mumbai today and features contributions from both Guernsey Finance and law firm Collas Day.
The comprehensive manual, published by Longtail International, targets Indian entrepreneurs and professionals with an easy-to-understand guide to international financial and business concepts. Guernsey Finance and Collas Day were both approached to contribute to the publication, providing essential information about Guernsey as a jurisdiction as well as specific advice relating to Funds and Intellectual Property.
Jason Romer, Partner at Collas Day, produced a case study on image rights using Bollywood stars and cricketing heroes to illustrate Guernsey's IP advantage, as well as outlining what Guernsey funds can offer investors. He said, "This publication provided a great opportunity to position Guernsey, and Collas Day on a global stage. We have already invested in promoting our services in India, and we intend to continue to build relationships to encourage businesses to investigate the advantages of collaborating with a jurisdication like Guernsey.
"The articles from Guernsey provide an overview of the services we can offer as a progressive and innovate finance centre and we hope they will prompt enquiries for further information. The feedback we have had from the publishers is positive, and we're optimistic about the response the book will receive as a result of today's launch," he added.
The book launch will take place at the Taj Mahal Palace and Tower in Mumbai and features a panel discussion on the 'Do's and Don'ts of foreign acquisition' with some of India's key business personalities including Nishith Desai, International Tax and Corporate lawyer and founder of the Nishith Desai Association, and Zia Mody, India's 'First Lady of Law'.
Peter Niven, Chief Executive of Guernsey Finance, said, “It is vital for the future success of Guernsey’s finance industry that we not only continue our promotional work in the UK and European centres that have traditionally been our primary sources of business but at the same also step up our game to build our brand in the emerging markets like China and India.
“This is a long-term strategy where it is crucial to raise awareness of the Island’s offering with the key legal and tax advisers of corporate and private clients. We have taken a significant step in the right direction through our presence in this publication, which is being directly distributed to more than 10,000 Indian companies, high net worth individuals and their advisers. I look forward to building on this work through further initiatives, including our delegation to Delhi and Mumbai later in the year.”