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Company Brochure

Message FromOur CEO

We, at Capital Horizons, can provide you with a proposal for the setting up of your corporate structure, which will provide for substantial fiscal optimisation.

At Capital Horizons we firmly believe in establishing long term, mutually beneficial relationships, which span over generations, hence why your structure has also been designed with features that allow for a properly managed succession to ensure your legacy is properly transmitted.

At Capital Horizons, we understand the need for personal touch and responsiveness. This is why I am fully committed to the quality of work being provided to you. Should you feel that you did not receive the appropriate level of services, kindly contact me at skundomal@chl.group and I shall personally respond

With my best regards,

9th Floor Maeva Tower, Cnr Silicon Ave & Bank Str,Ebene 72201, Mauritius

Tel (MU) +230 466 0050Tel (FR) +33 17 490 4435

info@chl.groupwww.chl.group

BRN: C12110865Capital Horizons is licensed by the Financial Services Commission under license No. MC12000144 Code FS-3.1A

Chief Executive Officer

Shaan Kundomal

‘More than just finance’ illustrates who we are and what we do for our clients. While being in a position to cover or guide

our clients through most of their finance needs, we pride ourselves in going beyond just being another service provider

by fully believing in the togetherness of our relationship and contributing to the growth of our clients.

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Our global reach al lows us to serve our c l ients through a range of professional services

Whi le most companies speak of their greatest asset being their employees. we consider this as wrong for we bel ieve we cannnot assign a monetary value to our col laborators , we consider the indiv iduals forming our team as unique and pr iceless, a ref lect ion of the way we view our c l ients.

Capital hor izons has won numerous awards and services high net worth indiv iduals , mult inat ionals , fund managers and asset managers and investment bankers.

Our CompanyCapital Hor izons is an internat ional company with representat ives in 5 major c i t ies and par tners in 35 jur isdict ions.

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• OffshoreStructuring&Formation

• OffshoreManagement

• Legalservices

• Financialreporting&Payroll

• Treasury

• InternationalBankAccounts

• Provisionofspecialistandregulatedcompanies

• Fundformation,administrationandaccounting

• ComplianceServices

• CapitalHorizonsLegacyManagement

• Assetprotection

• ImmigrationServices&Lifestyle

• Propertyownershipsolutions&DebtStructuring

• CrossBorderInvestments

• FinancialandTransactionalAdvisoryservices

• Exitstrategies

Our Specialised ServicesOur broad range of services is designed to address a range of demands whi le a lways being tai lor made demands. For ease of reference, we have spl i t those demands in four categor ies:

• Worldwideincorporationswithspecialexpertiseinallmajorjurisdictions

• Specialisedbankingsolutionsinanumberofjurisdictions

• Acomprehensivelistofshelfcompaniesinmajorjurisdictions,allavailableforimmediateuse

• Incorporationswithspecialnameorspecialfeaturesonrequest

Weofferthefollowingstructures:

• FundIncorporation

• TrustFormation

• For-profitandNonprofitFoundation

• MauritiusGBL1

• MauritiusGBL2

• SeychellesIBC

• DubaiandRAKCompanies

• HongkongCompanies

• SingaporeCompanies

• FreeportCompanies

Our Range of ServicesThanks to our team of seasoned professionals and our abi l i ty to quickly

ident i fy solut ions for our c l ients , we are strategical ly posit ioned to accompany the cl ient as from day one.

• AmendmentstoMemorandumandArticles

• Issuanceofcertificates

• Restorationordissolutionofcompanies

• Legalisation,notarisation,apostille,company/litigationsearch

• Registrationofchargesanddischarges

• Up-to-datestatutorycompliance

• Liquidation

• Bankaccountopeningservices

• On-goingcompanysecretarialservices

• Nomineeshareholders

• Banksignatories

• Corporatedirectorships

• Facilityofregisteredoffice/correspondenceaddress

• Immigrationservices

• Payrollservices

• Accountingservices

• Accountingpreparationoffinancialservices

• Fundadministration

• NAVcalculation

Cross Border Structuring Support Services

Corporate Services For brokers, traders, asset managers & fund Managers Solution for entrepreneurs

Corporate Clients Solutions for High Net Worth Individuals

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Our global reach allows to incorporate structures in most major jurisdictions through our headquarters in Mauritius where we are licensed by the Financial Services Commission. As our client, you can benefit from our network of global partners and representatives.

As a licensed company, Capital Horizons is under a legal obligation to ensure that its licenses are abiding to the conditions set forth in the licenses issued to the offshore companies. This is particularly important for those companies having been issued specific licensed such as…. Management license, Investment dealer license.

Offshore structuring & formation

Offshore Management

Our Solutions

Through our in house legal team, we offer a series of legal services, including the drafting and review of shareholders’ agreements, sales deeds, company constitutions including Fund constitutions and PCC constitutions. Our legal work also extends to the registration of patents, trademarks and the drafting of licensee/licensor agreements.

Our financial service offering is customized as per your requirements. We provide direct reporting, accounting, preparation of monthly/quarterly/annual management accounts, consolidation, co-ordination with auditors, assisting with preparation for audits or due diligence, reporting (IFRS), financial planning, tax coordination services, and payroll services to our clients.

Thanks to our banking partners & currency traders, we are in a position to quote you competitive rates for your cross currency transactions in most transactions including but not limited to GBP, USD, EUR, ZAR and RMB. Our network of South African tax advisors and legal professionals also provide assistance in application for foreign transfers with the Reserve Bank of South Africa.

We offer a wide range of multi currency current and savings accounts in a number of jurisdictions to facilitate your transactions. We often offer cross border solutions whereby the bank accounts do not have to be domiciled in the country in which the companies have been incorporated. These can be useful when dealing with different geographic locations.

In addition, all the banks to which we are eligible introducers to offer 24/7 online banking services, multi currency denominated debit or credit cards. Merchant accounts are also available on request.

With our common experience, we have secured numerous specialized licenses for our clients. These include licenses as asset managers, investment advisors, broker/dealer licenses and CIS managers. Applying for such licenses warrant extensive knowledge of the companies act, the financial services act and the securities act. At Capital Horizons, we have successfully applied and secured several of the above licenses for our clients.

We are able to setup, administer and provide NAV and financial reporting for the 5 types of funds that can be formed in Mauritius. Those are the Collective Investment Scheme, Close ended funds, Professional Collective investment Schemes, Specialised Collective Investment schemes and Expert Funds. Furthermore we also service shareholders and investors by maintaining the investors’ relations through the generation of reports, NAV of the investors’ portfolio and provision of key information.

Legal Services Treasury Provision of specialist and regulated companies

Financial Reporting & Payroll International Bank Accounts Fund formation, administration and accounting

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To be line with the laws of countries in which the specialist companies or funds are listed, a number of statutes have to be adhered to. There exists also a series of disclosures, disclaimers and checks that have to be complied with before embarking investors. Through our internal compliance team, Capital Horizons is able to provide such services to our clients and ensure that the structures under its management are fully compliant with the authorities.

To be line with the laws of countries in which the specialist companies or funds are listed, a number of statutes have to be adhered to. There exists also a series of disclosures, disclaimers and checks that have to be complied with before embarking investors. Through our internal compliance team, Capital Horizons is able to provide such services to our clients and ensure that the structures under its management are fully compliant with the authorities.

Compliance Services

Capital Horizons Legacy Management

Our Solutions (cont.)

Because the road of our clients can be tumultuous, the need to prepare adequately for potential pitfalls is important. This is why, from the outset, it is important that your assets are managed and protected in such a way that they can resist potential spousal challenges (in case of divorce proceedings), creditor’s challenges and privacy challenge. At Capital Horizons, we have using case law from around the world come up with trust solutions that provide for the right balance of control, privacy and protection to mitigate against the abovementioned challenges.

As our clients cherish their freedom of movement, we offer them the ability to chose the place they want to live, work or play. Amongst the most popular residency and citizenship schemes, we specialize in:

1. Provision of Occupation permits as investors or retirees in Mauritius

2. Provision of Permanent residency in Mauritius (through property acquisition)

3. Permanent residency in Cyprus

4. Citizenship in Malta (E.U. Country) and St. Kitts & Nevis (through an investment of USD 500,000)

Since our clients consider their yachts, planes and cars as an important part of their lifestyle, we have acquired the necessary skills (in house and through external consultants) for the structuring, acquisition, maintenance and ongoing management of these assets. These include but are not limited to, aircraft and yacht registration, drafting of crew contracts in line with local maritime and aviation standards, payroll, transactional support for the acquisition or sale of yachts and planes included support

Very often, people who own or intend to own property abroad do not fully understand or recognise the implications of Capital Gains Tax, Inheritance Tax and the peculiar rules relating to Forced Heirship. We have devised a number of structured vehicles that can be used to acquire properties, based on a number of factors include the geographic location of the property, the composition of a family and its heirs and the presence of Tax agreements which can fiscally optimize the ownership.

Because certain jurisdictions impose exchange controls, immovable property in certain jurisdictions may be mortgaged against a hard currency loan (USD) in an offshore jurisdiction. This can free up cash flow for offshore purchases, investments or savings.

We assist in the preparation of business plans and feasibility studies which can be used for your banking requirements. We have extensive knowledge in preparation of business plan for real estate developments (residential and commercial), online services, telecommunications and retail businesses.

We also provide procurement services such as the ability to launch international tenders for your needs.

Begin with the end in mind. Although this mantra should resonate with most entrepreneurs, it is often overlooked. Without an exit strategy decided from the outset, it increases the risks for business owners and their heirs that they find future options to exit profitably more stringent.

Our advisors provide assistance in:

• Finding potential investors

• Creating value for the business in view of a sale or listing through maximizing potential income

• Optimise the tax liability for beneficiaries post exit.

We provide the local knowledge for set up in end market. Thanks to our partnership with Adam Global Capital Horizons can help you set up in a new country in all smoothness.

Our services include:

• Establishing the legal structure in the new jurisdiction

• Risk management and compliance with local tax and reporting requirements

• Talent acquisition, payroll and HR services

• Bookkeeping, accounting, management and financial reporting

• Corporate secretarial services

• IT services - procurement and infrastructure build, operational support, hosted services, web design services, disaster recovery and business continuity, consulting.

• ISO certification. (Mauritius Only)

• Virtual Office

Asset Protection Lifestyle Financial and Transactional Advisory services

Exit StrategiesImmigration Services Property Ownership Solutions & Debt Structuring

Cross Border Investments

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Family Office Why set up a family office?As concerns about wealth preservat ion and succession planning within family businesses cont inue to r ise , wealthy famil ies are increasingly evaluat ing the benef i ts of sett ing up a family off ice.

Services

There are many reasons why setting up a family office makes sense, but at the root of these is the desire to ensure smooth intergenerational transfer of wealth and reduce intrafamily disputes. This desire inevitably increases from one generation to the next, as the complexity of managing the family’s wealth grows. Without being exhaustive, the following points set out the reasons why a family office makes sense:

Governance and management structure

A family office can provide governance and management structures that can deal with the complexities of the family’s wealth transparently, helping the family to avoid future conflicts. At the same time, confidentiality is ensured under the family office structure, as wealth management and other advisory services for the family members are under a single entity owned by the family.

Alignment of interest

A family office structure also ensures that there is a better alignment of interest between financial advisors and the family. Such an alignment is questionable in a non-family office structure where multiple advisors work with multiple family members.

Separation

Family offices allow for separation, or at least a distinction, between the family business and the family’s wealth or surplus holdings.

Centralization of risk

Family offices allow for operational consolidation of risk, performance management and reporting. This helps the advisor and principals to make more effective decisions to meet the family’s investment objectives.

Centralization of other services

Family offices can also coordinate other professional services, including philanthropy, tax and estate planning, family governance, communications and education, to meet the family’s mission and goals

Potential higher returns

Through the centralization and professionalization of asset management activities, family offices may be more likely to achieve higher returns, or lower risks, from their investment decisions. Family offices can also help formalize the investment process, and maximize investment returns for all Section family members.

The family office concept was born during the sixth century, when it became custom for a steward to manage the affairs of a king and the royal wealth. Later on, the aristocracy also called on this service from the steward, creating the concept of stewardship that still exists today. This tradition has been crystallized in modern times by the House of Morgan and the Rockefellers whose family offices still exist today.

The expression “family office” covers all forms of organizations and services involved in managing large private fortunes. This is what we do at Capital Horizons, however in most cases, the family retains decision-making powers regarding investment decisions and structuring.

Since the individual services of a family office are bespoke, the running costs associated with it are relatively high. This is why at Capital Horizons, we usually advise clients to use our family office services if the wealth under management is at least US$50m. It is good to measure the costs of running a family office in the light of expected returns and targets, and the resulting benefits of the family office.

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Family Office Services

At the hear t of any family off ice is investment management , but a ful ly developed family off ice can provide a number of other services, ranging from training and educat ion to ensur ing that best pract ice is fol lowed in family governance. This sect ion looks at the ful l range of services a mature family off ice could potent ia l ly provide.

Investment management services

Typically, this will be the main reason for setting up a family office, as it is central to ensuring wealth creation and preservation. These services will include:

• Evaluation of the overall financial situation

• Determining the investment objectives and philosophy of the family

• Determining risk profiles, strategy and investment horizons

• Asset allocation — determining mix between capital market and non-capital market investing

• Supporting banking relationships

• Managing liquidity for the family

• Providing due diligence on investments and external managers

Business and financial advisory

Beyond the asset management advisory, family offices will also provide advisory services on financing and business promotion. These will include:• Debt syndication • Promoter financing • Bridge financing • Structured financing

• Private equity • Mergers and acquisitions • Management buyouts • Business development

Philanthropic management An increasingly important part of the role of a family office is managing its philanthropic efforts. This will include the establishment and management of a foundation, and advice on donations to charitable causes. These services would typically involve:

• Philanthropic planning

• Assistance with the establishment and administration of charitable institutions

• Guidance in planning a donation strategy Section

• Advice on technical and operational management of charities

• Formation of grant-making foundations and trusts

• Organizing charitable activities and related due diligence

Estate and wealth transfer Family offices will be involved in business succession and legacy planning, enabling the transfer of wealth to the next generation. These services will include:

• Wealth protection, transfer analysis and planning related to management of all types of assets and income sources

• Customized services for estate settlement and administration

• Professional guidance on family governance

• Professional guidance regarding wealth transfer to succeeding generations

Life management and budgeting Some of these services are typically defined as “concierge” in nature, but they are broader in scope, in as much as they also include budgeting services. Services under this heading will include:

• Club memberships (golf, private, etc.)

• Management of holiday properties, private jets and yachts

• Budget services, including wealth reviews, analysis of short- and medium-term needs

Training and educationMuch of this revolves around the education of the next generation on issues such as wealth management and financial literacy, as well as wider economic matters. These services will include:

• Organizing family meetings

• Ensuring family education commitments

• Coordination of generational education with outside advis0rs

Financial planning Strategy

DNA of a Family Off ice

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Reporting and record keeping

The maintenance of records and ensuring there is a strong reporting culture is another core part of a family office’s services. Key to these services is:

Tax and legal advisory

Tax, in particular, has become a much more important issue for family offices in recent years and as such has assumed a more important part of the functions of a family office. Legal matters are also important. A family office will typically employ a general counsel and/or a chartered or certified accountant, or several accountants and tax experts. These professionals usually provide the following services:

Administrative services

Administrative services, or back-office services, are essential to the smooth running of a family office. These services will include:

Compliance and regulatory assistance

Family offices need to ensure strict compliance with regulations pertaining to investments, assets and business operations. These services will include:

Succession planning

Ensuring a smooth succession and planning for future generations is integral to the long-term viability of the family office and the family it serves. These services will include: Risk management and insurance services

This is a service that has assumed a more important role in recent years because of the financial crisis of 2008–09 and the subsequent fallout. It will be a crucial service for family offices in the future as well. These services will include:

• Consolidating and reporting all family assets

• Consolidating performance reporting • Benchmark analysis

• Annual performance reporting • Maintaining an online reporting system • Tax preparation and reporting

• Construct a tax plan to best suit the family • Design investment and estate planning strategies that take into account both

investment and non-investment income sources and their tax implications • Ensure all parts of the family office are tax compliant

• Support on general legal issues • Payment of invoices and taxes, and

arranging tax compliance• Bill payment and review of expenses for

authorization • Opening bank accounts• Bank statement reconciliation • Employee management and benefits

• Legal referrals and management of legal firms

• Public relations referrals and management of public relations firms

• Technology systems referrals and management of these vendors

• Compliance and control management

• Providing auditing services for internal issues

• Establishing a corporate governance mechanism

• Ensuring a high level of staff hiring • Group performance monitoring and

compliance • Offering recommendations on• independent and board advisory

formation • Strengthening the regulatory investment

process

• Continuity planning relating to unanticipated disruptions in client leadership

• Evaluation of the strengths, weaknesses, opportunities and threats (SWOT analysis) of senior executives both within and outside the family

• Re-evaluation of family board regarding roles of non-family directors

• Structuring of corporate social responsibility platforms and programs

• Development of formal knowledge sharing and training programs

• Implementation of intergenerational estate transfer plans

• Adoption of a family charter or constitution, specifically aiming to: 1. Formalize the agreed structure and

mission of the family business2. Define roles and responsibilities of

family and non-family members3. Develop policies and procedures in

line with family values and goals4. Determine process to resolve critical

business-related family disputes

• Risk analysis, measurement and reporting

• Assessment of insurance requirements, policy acquisition and monitoring

• Evaluation of existing policies and titling of assets

• Evaluation of security options for clients and property

• Formulation of disaster recovery options and plans

• Protection of assets, which could involve the use of offshore accounts

• Development of strategies to ensure hedging of concentrated investment positions

• Physical security of the family • Data security and confidentiality • Review of social media policy

and development of reputation management strategy

Governance Advisory

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Our TechnologySpecial ised ICT Services

WeprovideourclientswithacustomisedserviceusingofpowerfulOnlineClientPlatformwhichcollects,stores.managesandinterpretsdatafrombusinessactivitiessuchas:

Wealsoofferadditionalservicestoourclientssuchas,aWhatsAppgroupwithyourdedicatedCorporateAdvisory Services member and Finance team member and a dedicated phone number for Europeanclients.

Our online client platform provides an integrated view of core business processes, often in real-time,using common databases maintained by a database management system. Our online client platformcantrackbusinessresourcesandthestatusofbusinesscommitmentssuchasorders,purchaseorders,and payroll.  Our online client platform facilitates information flow between all business functions, andmanagesconnectionstooutsidestakeholders.

We offer various packages on our online client portal based on clients’ needs at a monthly rate.

• Messaging• Hosting

• Accounting• Sales

• Reports• Logo (One off)

• Support

• Messaging• Hosting• Accounting

• Sales• CRM• Purchases

• Projects• Reports• Logo (One off)

• Support

• Messaging• Hosting• Accounting• Sales

• CRM• Purchases• Projects• Warehouse

• Marketing• Human Resources• Reports• Logo (One off)

• Support

Standard

Professional

Basic

• Product Planning & Accounting

• Marketing and Sales

• Inventory Management

• Manufacturing or service delivery

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www.chl.group

Tel (MU) +230 466 0050 (FR) +33 17 490 4435

Fax +230 464 8590

info@chl.group

9th Floor, Maeva Tower, Cnr Silicon Ave & Bank St, Ebene CyberCity, Maurius 72201

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