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GKVISION was formed by a group of skilled professionals that share the vision of using their knowledge and expertise in creating value to your business. We offer a wide range of services, tailored to your needs so that we help you build and manage your business efficiently.

What is QROPS?

A QROPS (Qualifying Recognised Overseas Pension Scheme) is an overseas pension scheme, recognised by HMRC that meet certain conditions and standards equivalent to a UK pension. Therefore any UK pension can be readily transferred to an overseas scheme, provided that the overseas scheme is registered with HMRC as a QROPS. The rising profile of QROPS is a consequence of the new UK pension rules introduced by HMRC on 6th April 2006. The scheme must also meet the requirements of the jurisdiction in which it is domiciled.

Is a QROPS suitable for me?

This pension scheme is only suitable to you if you have left the UK, plan to leave, or are a resident but not UK domiciled. Obtaining advice is vital to ensure you do not face disciplinary tax charges.

What are the key benefits of a QROPS through the deVere Group:
•Annuity: this scheme does not force you to buy an annuity
•Tax efficient
•Funds remain on death: after completing the 5 year term, and the consecutive UK tax years of non-UK residency on your death, your pension will no longer be liable to UK taxes of potentially up to 82%
•Flexible currency choice: your assets within your QROPS can be paid to you in a currency other than sterling, which will/might help on exchange rate costs
•Up to 25% tax free cash
•Your pension income will be paid as gross
•Secure jurisdictions
•Investment flexibility
•Transparent charges

If you would like to get a Free Pension Review, from our experts who are in touch with the ever changing pension rules call +357 97723497

PROFEL is a Global Business Services provider in the fields of Corporate Administration, Fiduciary Services, Accounting/Bookkeeping, and Business Advisory Services, directly addressing the needs of international clients. We navigate clients through the maze of the offshore sector and provide products at affordable prices with the utmost attention to high quality of service. We aim to help your company expand into new markets, run your businesses more effectively, and take advantage of new possibilities.

Our range of products includes a full range of Legal services, the Incorporation and Adminitration of companies from all major international centers, provision of Nominee services, Establishment of Bank Accounts and related products, Trustee services, Escrow Agency services, Formation of International Trusts, Accounting, Bookkeeping and Compliance, along with other services which are natural additions to our main activities.

For more information on our services please visit our website: WWW.PROFELLTD.COM OR send us an email at: profel@PROFELltd.com

Leaders in International Business Solutions

At flexi, business is done with four basic principles in mind all of which are of equal value and importance and all target the success of our clients...

Professionalism - we adhere to each client request, and offer a level of service and commitment that goes well beyond commercial requirements.

Integrity - transparency, together with a clearly set out code of conduct, are what guide all our business transactions.

Confidentiality - we are deeply aware that confidentiality is a must in all businesses, and we commit to protect this for our clients.

Efficiency and commitment - loyalty and tangible results are delivered to our clients, in the most prompt and efficient manner.