How we work

How an engagement runs

Every engagement moves through the same four stages. Here is what happens at each one, and what stays the same throughout.

The four stages

Four stages, one at a time

You can stop after any stage.

1
Apply
A short application tells us who you are, what you need and where.
2
Diagnose
Working sessions with your senior adviser to test assumptions and agree the question to answer.
3
Blueprint
The structure, the reasons for it and the costs, set out in a memorandum.
4
Implement
We form the entities, prepare the bank applications and stay on for compliance.

Principles

01
Engagement letter
Before work starts, we both sign an engagement letter. It sets out the scope, the fixed fee and the timetable. If the scope changes, we agree the change with you first.
02
One senior adviser, start to finish
The senior adviser named in your engagement letter leads the working sessions, reviews the recommendations and signs the advice.
03
Advice you can share
Every recommendation is set out in a memorandum that your bank, auditor and counsel can read.
04
Implementation
Most engagements continue into implementation. We coordinate formations, bank applications, licensing and documentation with the providers involved, and stay on for annual filings and renewals.
05
Other advisers
We do not give legal or tax advice in jurisdictions where we are not qualified to do so; where needed, we coordinate local counsel and tax advisers.

Engagement formats

Fees agreed in writing before work begins. Where a bank or provider pays us for an introduction, we tell you before the introduction is made.

Next step

A short application tells us what you need and where. We aim to reply within 48 hours. If we are not the right firm for it, we will tell you.