Incorporate in Delaware or Nevada for top-notch privacy and lowest taxes possible within the limitations of U.S. law. Nevada and Deleware have the benefits of pro-business legislation and a long history as a tax haven. Incorporate in Nevada, Delaware or any other U.S. state at some of the best rates available anywhere. Just email us to get started. (Note: if you are not a U.S. resident we can assist you step-by-step in obtaining the EIN you will need for doing business or opening a bank account in the U.S.)
Offshore Banking & Offshore Business Formation.
A little doom, a little gloom and a little advice about protecting your Money.
Everything you've inherited, earned, built and saved is at stake. Most governments are ineffective, corrupt or both. Disquieting news continues to flow:
The U.S. Dollar that is supposed to be underpinning the world economy is weakening on almost a daily basis. The British Pound is trading for US$1.46 per pound and the Euro at $1.36 per Euro. To add insult to injury, the Singapore Dollar now trades at 1.52 per USD. On 9/11 it was trading at 1.75. Does this mean the Singapore dollar is safer than the U.S. Dollar these days? Well, no. On 9/11 1 USD would buy you 1.11 EUR. Now it will buy you only 0.74 EUR. Smart people are abandoning the dollar now before the stampede starts. And the stampede is about to start as the UN issues its report that the dollar be replaced as the world's reserve currency by an arbitrary basket of currencies. This is good news for the U.S. but not necessarily for other countries.
The Taliban is resurgent in Afghanistan as Pakistan and Afghanistan, Pakistan and the United States bicker over who is to blame. Pakistan's democracy is on the ropes, its political center is breaking down and Osama bin Laden bides his time in Waziristan and the neighboring Swat valley until he can acquire a few Pakistani nuclear weapons.
Words flow as thousands continue to die in the Darfur genocide which is, in reality caused by global warming: Farmers and herders who once shared the land now fight for its meager output as each year the drought grows worse. The West is flummoxed by the global need to dramatically reduce its carbon footprint while the Third World needs a far larger carbon footprint if it is to have any hope of catching up with the First World. Ethically the Third World wins the argument but practically speaking, if they continue on today's path, tens or hundreds of millions will die from the consequences of global warming. Technology is the only way out but it is progressing and being disseminated too slowly to solve the problem.
OPEC signals its unhappiness with the current level of oil output. Of course they are. They believe the "fair" price of oil is $75 per barrel and even that is insufficient to support their economies which have imploded with the collapse in oil prices. We should all learn a lesson from the speed at which they became addicted to $100+ a barrel oil.
President Obama juggles a hundred blazing crises, trying to save the American economy, restore the U.S.'s position on the international stage and protect the world from terrorism as America's workers face their sixth straight year of decline in their real incomes and global unemployment skyrockets.
Switzerland caves in to the U.S. and agrees to provide the information necessary to convict Americans who are evading taxes by utilizing the Swiss banking system. As always, the press overreacts and makes the situation appear more dire than it is.
Russia threatens to pull out of its agreements with foreign oil companies, putting the damper on foreign investment. More oil nationalism can't help but to push up petroleum prices once economic growth resumes.
Switzerland moves to the top of the class in the competitiveness league while the U.S. drops from 1st to 6th, now behind Singapore. Just another signal that America is on the wrong track and may pull down the whole world economy.
We aren't here to give you investment advice but more...
What you need to know about the European Union Savings Directive:
Claiming to be fed up with seeing their citizens avoid taxes on the interest they receive on their offshore savings, the central bankers of the EU have gotten together and issued a directive that requires all EU members, dependent states, territories and associates to provide to the EU personal and financial information regarding all clients receiving interest on their deposits. This cuts to the heart of banking privacy laws in many jurisdictions including Jersey, the Isle of Man, Guernsey, the British Virgin Islands and so forth. Switzerland is affected as well, however they have reached an agreement which permits them to remit the tax on interest without revealing the private information of their depositors. Had they not done so it is likely that Switzerland would quickly have been in crisis.
As a result of the EU Savings directive, the options for confidential banking, particularly for businesses, has been drastically reduced. In spite of that, we are able to offer several banking options that still maintain good confidentiality laws.
Go offshore for theß right reasons:
Avoid burdensome regulations.
Protect your assets.
Avoid lawsuits.
Reduce or eliminate taxes.
Build a legacy.
Gain control of your financial future.
Irrespective of your reason for going offshore, you are in good company. Many of the largest businesses in the world structure themselves in offshore jurisdictions and use offshore banks to reduce their tax exposure and to protect their assets. They often spend millions to accomplish this. It isn't necessary, though, you can establish your offshore identity and banking network for a thousand times less than the typical cost to a big company. We Check our comparison and price list to see what it costs to put the structure in place that will meet your needs.
BANK IN EUR, CHF OR GBP IN AN OFFSHORE ACCOUNT.
We alluded to the current weakness of the U.S. dollar above. It makes sense to consider moving into a stronger currency until the U.S. gets its economic house in order, which is unlikely to be any time soon. Our Swiss Bank Investment account makes it easy to maintain an account in EUR, CHF, GBP or USD and trade in many markets throughout the world.
Check out the Seychelles. Great location. Great price! Seychelles advantages include:
Bearer shares are still available and a likely to remain available for the foreseeable future.
Low cost apostilles reduces your cost of opening accounts with many banks.
Not subject to the automatic scrutiny and skepticism that affects Caribbean jurisdictions.
Not economically dependent on either the EU or the United States so that it has more independence than more traditional jurisdictions.
If we accept you as a banking client and are unable to assist you to successfully open a bank account, we will return our full Bank Introduction fee (net of any shipping charges) to you.
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U.S. Registered Agent Services $99 per year.
Registered agent services in any state, foreign registrations in any or all states, complete company formation packages, tax saving and asset protection plans for family and business. Click here for more information.
Merchant Accounts.
If you will be doing business on the Internet it is usually important that you be able to accept payment via credit card. This is often troublesome at the very least. However we have arranged with WorldPay to provide you with everything you need to start doing business overthe Internet.
Now - Register Your Yacht under the British Flag. There is no flag more respected or advantageous when sailing the oceans than the Bitish Flag, but registering your vessel under the British Flag isn't straightforward unless you are a British citizen. We can offer you ship registration packages for any vessel that you've purchased (or will purchase) at a reasonable cost - - without your having to leave your home port.
Costs There are many variables, so it is impossible to quote exactly, but in general the costs will range from as little as $2,600 plus shipping for a new registration or $1,500 for a change of ownership. We've provided a page with quite a bit more information that should give you a better idea of what the costs will be and what you need to supply. If it doesn't answer your questions, just send us an email.
International Offshore Banking Not all banks are the same. The major concerns you need to have are safety, convenience and privacy. Achieving all three is a significant challenge and you can spend a great deal of time searching for a bank that will provide you with all three. Since each jurisdiction has different reserve requirements and insurance requirements as well as different levels of oversight, it is hard to know what the best options are. We provide you with a choice of banks in several jurisdictions (Switzerland, Isle of Man, Jersey, Antigua & Vanuatu), all of which provide you with the ability to manage your account via the Internet for maximum convenience. All of these jurisdictions have strong privacy laws and a history of protecting their clients. We will introduce you to the bank that you feel best fits your needs and help you through the often complex process of opening an account. Click here for further information.
Prefer an account in Hong Kong or Singapore? Contact us for our special account opening service for these especially difficult jurisdictions.
