Occupational Retirement Scheme

Occupational Retirement Scheme - What is it?

Occupational Retirement Scheme - ORS, offers tax regime and favorable use of double taxation agreements, no matter what your nationality, no matter where you currently reside for tax purposes, either now or in the future, the ORS works as an extremely efficient tax-planning tool. The ORS allows you to defer Income Tax and Capital Gains Tax. It is our belief that tax deferred is tax saved.

It can accept most transferred pensions and/or registered plans with no limits. Also, there is no requirement to buy an annuity on retirement, and it will eliminate the half pension for a surviving spouse and secure capital for chosen heirs.

ORS offer pension plan which is properly regulated, totally flexible and portable, with 100% creditor protection, and is recognised by governments around the world. Including the US Internal Revenue Service, the UK’s HMRC, every other OECD - Organization for Economic Cooperation and Development member and virtually every country aspiring to join the OECD.

Download our ORS brochure.

Legacy Superannuation Trust

The Legacy Superannuation Trust (LST) is a Registered and tax-recognised Occupational Retirement Scheme (ORS), designed to pension your current and historic earned income, no matter who you work for, or where in the world you work.

LST is based on a Discretionary Trust established under the domestic legislation of the world’s third largest international financial centre, Hong Kong. This combination of structure and legal recognition provides benefits which are far greater than the sum of its parts.

Whatever the level of your financial achievement, if you are currently employed then we can pension your income, protect your assets and provide you with multi-generational estate planning options.

LST welcomes US Members into an IRS- recognised, FATCA compliant account. It does not matter if you reside in the US or overseas.

Under Hong Kong law, LST is open to all and permits investment into any asset class located anywhere. It also achieves full Capital Gains tax-free roll up throughout its lifetime both in Hong Kong and elsewhere, and, for 27 out of the 32 countries with which Hong Kong has established Double Taxation Agreements, LST retirement income can be paid Income Tax free to residents of those countries.

Download the Legacy Superannuation Trust brochure
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Premier Plus Super Trust

Today, hardworking people find themselves becoming millionaires through the increasing value of their properties, stocks and other assets. With this in mind, Legacy introduces the Legacy Premier Plus Super Trust (PPST); a retirement plan tailored to your specific needs. Combining funds, property and protection, this plan gives you complete control over your future wealth through a retirement Trust while eliminating a broad range of international taxes.

PPST is based on the Premier Plus Super Trust, which is a registered, tax-recognised, non-vested Occupational Retirement Scheme domiciled in Hong Kong. The Trust is established for the purpose of providing income in retirement.

Premier Plus Super Trust (PPST) is designed so as to provide Members with a tax-efficient and cost-effective pension. PPST is available to owner-operators of private businesses, employees of corporations and senior members of the boardroom, no matter where they live. It doesn’t matter who you work for or where: if you are employed we can help you build a pension.

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Capital Corporation Retirement Plan

The Capital Corporation Retirement Plan (CCRP) provides Members with a pension in their retirement.

Capital Corporation Retirement Plan qualifies as a destination for your UK QROPS transfer and is listed by HMRC on its website. However, as HRMC makes quite clear, this list should not imply their approval of a scheme, so prospective members should conduct their own due diligence before proceeding with a transfer.

Capital Corporation Retirement Plan is a Hong Kong-based Registered Occupational Retirement Scheme established under Hong Kong’s Occupational Retirement Scheme Ordinance, Cap 426 (ORSO), and is registered with the Mandatory Provident Fund Schemes Authority in Hong Kong.

ORSO pensions are tax-recognised under Hong Kong’s Inland Revenue Ordinance, Cap 112. They are also recognised to be genuine occupational retirement schemes by taxing authorities globally, including the HMRC and the US Internal Revenue Service (IRS).

The Trustee is Legacy Trust Company Limited, a Registered Trust Company in Hong Kong under the Trustee Ordinance, Cap 29.

Being a genuine occupational retirement Trust, the CCRP is included in each of the Double Taxation Agreements (DTAs) that Hong Kong has negotiated with its trading partners.

Capital Corporation Retirement Plan is based on a non-vested Trust.

The Scheme is FATCA compliant. Legacy Trust Company Limited is registered with the IRS under GIIN DPHQS2.99999.SL.344. There is no FATCA withholding.

Download the Capital Corporation Retirement Plan Brochure
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