We provide for the setting up of entities so as to receive royalties from the licensing or exploitation of intellectual property (copyright and patents), which royalties can be exempt from withholding taxes if properly structured to benefit under double taxation agreements.

Royalties will normally attract withholding tax in the country of origin and will be taxed in the resident country of the owner of the intellectual property. AAMIL advises clients on how to maximise the amount of royalties yielded from the international licensing and franchising of copyright protected works and patented inventions.

This involves the use of a corporate entity set up in a jurisdiction so as to receive royalty payments with low corporation tax rates and which is additionally granted access to double taxation agreements with low or no withholding tax.