Why Moore Stephens Channel Islands?

1. Match the following headings with the paragraphs of the text.

Stature, Value, An Integrated Service, Stability

A. –

Established in 1968, Moore Stephens Channel Islands offices in Jersey and Guernsey have a track
record of providing professional services to our clients, both private and institutional.

B. –

With 11 partners and more than 140 members of staff, we are one of the largest firms in the
Channel Islands providing Stock Exchange Listing services and have been involved in a number of
listings internationally.

Moore Stephens Jersey and Guernsey are independent member firms of Moore Stephens
International Limited, one of the world’s leading accounting and consulting networks, with in
excess of 600 offices located in over 90 countries around the world, and have the flexibility to
offer the services of these offices if requested, or alternatively, work with a client’s own advisers.

C. –

Our experienced Stock Exchange Listings team is supported by chartered accountants, lawyers
and specialists in taxation and banking. The diverse skill set allows the selection of staff to best
complement a client’s needs to provide a seamless and integrated service.

D. –

We aim to optimise efficiency and add real value in monetary terms, whilst not compromising
the offshore status of the structure and professional standards, thus developing long standing
relationships.

Why Channel Islands Holding Companies?

The Channel Islands (Jersey and Guernsey) are attractive locations in which to incorporate holding
companies for Listing on Stock Exchanges worldwide.

There are approximately 100 companies listed on exchanges, such as London, Amsterdam, Toronto,
New York and Hong Kong, with a combined market capitalisation in excess of Ł100 billion. Sectors
include mining, oil and gas, metals, media, real estate, pharmaceuticals, support services, finance and
investment.

Key Benefits
2. Match the following headings with the paragraphs of the text.

adapted from Moore Stephens Channel Islands brochure oldal 1

Location, Tax Environment, Reputation, Quality, Crest, Corporate Laws, Speed of
incorporation

a) ____________ - Jersey and Guernsey are renowned both by the markets and investors for
their outstanding international reputations offering the comfort of recognised reliability,
substance and appropriate regulation.
b) ____________ - The depth and breadth of legal, accounting, and administration expertise
and well established precedents, enables these complex transactions to be undertaken in an
effective manner leading to lower costs and swift turnaround.
c) ____________ - business with an international reach can derive a real advantage from having
a holding company managed and controlled in a tax neutral jurisdiction.
d) ____________ - the laws are robust and ‘investor friendly’ as they are modelled on English
law. As such, they ‘look and feel’ like their English counterpart. They tend, however, to be
more flexible and there is a greater range of corporate entity types.
e) ___________ - the company generally takes less than four days to incorporate although a
same day incorporation facility is available.
f) ___________ - shares settle through Crest in the same manner as UK companies.
g) ___________ - the Islands are within close proximity to the UK and are in the same time
zone.
3. Find the following expressions in the text.
1. all the achievements or failures that someone has had in the past (noun phrase)
2. the good reputation a person or organisation has, based on their behaviour and ability
(noun)
3. an amount which is more than expected (phrase)
4. (of people who do particular jobs) having successfully finished the necessary training and
examinations (adj)
5. to make something seem better when combining with it (verb)
6. during the time that (conjunction)
7. the total value of a company’s shares on the stock market (noun phrase)
8. famous for sth (ajd)
9. when a business, plan or system suddenly becomes successful (noun)
10. the limit within which someone can achieve sth (noun)
11. to get sth from sth else (verb)
12. the inclusion of sth as part of sth else (noun)
13. top of sth (noun)

adapted from Moore Stephens Channel Islands brochure oldal 2

 1) stability, stature, an integrated service , value
2) reputation, quality, tax environment, corporate laws, speed of incorporation, crest, location
3)
1. track record
2. stature
3. in excess of
4. chartered
5. complement
6. whilst
7. capitalisation
8. renowned
9. turnaround
10. reach
11. derive
12. incorporation
13. crest

adapted from Moore Stephens Channel Islands brochure oldal 3