Skip to main content
  • Who we help

    Our range of services are tailored to suit each business type

    If you're just starting out with a new business venture or if you already have an established business, we can help.

    Our accountants are very experienced in helping new businesses grow and also using their accounting expertise to help established organisations. We also have a history of working with contractors and freelancers, helping them through the year with business accounting and advice. Review some of our case studies here

    No matter the size of your business; an individual sole trader or a limited company with employees, we have an accounting service just for you.

  • What we help with

    For all your tax and accounting affairs, we have it covered.

    Let our accountants take care of your business accounting, giving you more time to concentrate on growing and running your business.

    We provide all of the services necessary to handle the accounting and taxation requirements for your business. Our accounting services include: Bookkeeping, Payroll, Tax Returns, VAT and Accounts Production. All the services you will ever need under one roof.

    We also provide unlimited business accounting support throughout the year, you will always have access to your dedicated accountant whenever you need it.

  • Newsletter sign up

    Get the latest info from us

Paradise Papers Leak: Who Are Appleby?

Paradise papers - Who are Appleby

Appleby recently shot into the press as being the central figure in the Paradise Papers leak.

They are a law firm who specialises in helping people navigate the complex laws and regulations in order to set up an offshore enterprises. They help corporations, financial institutions or wealthy individuals to set up and register companies and trusts in overseas jurisdictions that have low or zero tax rates.

A database compiled by The Lawyer magazine named Appleby’s clients including HSBC, Barclays Group, Lloyds Banking Group, Royal Bank of Scotland Group, Goldman Sachs, KPMG, PwC and Santander UK.

Appleby’s background

The first Appleby practice was established in the 1890s by Major Reginald Appleby in Bermuda. During its 120 years of operation it has become one of the largest and well known legal groups in the industry.

Appleby has 10 offices around the world, in Bermuda, Cayman Islands, British Virgin Islands, Mauritius, the Seychelles, Isle of Man, Jersey and Guernsey. They also have a presence in Shanghai and Hong Kong.

Appleby has won the “Band 1” ranking which it was given by legal directories, making it one of the top-rated offshore law firms in the world. It was named offshore firm of the year by Legal 500 UK back in 2015.

Years of concerns

One interesting part of the leak was information about a presentation to its staff in Bermuda in 2012 which acknowledged that the company had taken on some risky business. These concerns were around “non-compliancy” with regulatory obligations like anti-money laundering policies.

Concerns were also raised in 2015 in letters from Bermuda’s Monetary Authority, the island’s financial regulator. The letter focused on Appleby’s money laundering policies, anti-terrorist financing checks and compliance with trust regulations.

In 2014, the British Virgin Islands Financial Services Commission warned Appleby that it was in breach of client checking rules.

A “high risk client register” was found in documents from Appleby’s British Virgin Islands office. This named people with important political or public roles in countries around the world including Russia, China and Greece. This led to “enhanced due diligence” during the vetting process for clients.


The public have long called for more transparency and a crackdown on tax avoidance. In 2013, Appleby joined an industry group who lobbied against David Cameron’s push for the identity of offshore company owners to be featured in public registers.

Now the company is in the spotlight, it’s likely that its practices will be under more scrutiny as the government is under pressure to tackle tax avoidance. However, so far the leaks have not revealed illegal activity so this could be tricky.

What do you think of firms like Appleby? Is there a place for them or should they be under more regulations? Let us know what you think in the comments below.

Watch our three minute video to learn more about us

AAT Logo ACCA Logo Direct Debit Logo ICPA Logo ICO Logo