BVI offshore law firm among top specialist firms in India

In a survey of foreign law firms in India published in June 2011 in the India Business Law Journal, the British Virgin Islands-incorporated offshore law firm Harneys Corporate Services Limited has been listed as one of the top 10 specialist firms in the country.

Actually, Harneys does not have office in India, but the company’s Indian desk in London provides full range of services to clients from India and other countries – among them setting up of investment funds in the British Virgin Islands and Cayman Islands, advising banks and financial institutions on lending arrangements, and creating trusts and other wealth management structures.

According to the article in one of the leading legal journals in India, “India’s complex tax code has sparked a boom in the creation of special purpose vehicles (SPVs), giving offshore law firms in Bermuda, the British Virgin Islands and the Cayman Islands a lucrative pipeline of deals.”

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