BENEFITS OF A TAX HAVEN COMPANY

A tax haven is a place of sanctuary or safety against tax liability. Many businesses and individuals find establishing a tax haven company beneficial. Among the reasons cited are:

1) Asset Protection

Protect assets in combination with a Trust, an offshore company can avoid high levels of income, capital and death taxes that would otherwise be payable if the assets were held directly. It can also protect assets from creditors and other interested parties. From competitors, adverse claimants and other parties from whom you wish to keep your business interests private and to secure against future claims such as bankruptcy, judgment creditors and other litigants, etc.;

2) Confidentiality

Keep business affairs confidential. Offshore Companies offer complete privacy. If the company shares are held by a Trust, the ownership is legally vested in the trustee, thus gaining the potential for even greater tax planning advantages. Estate Planning Family and Protective Trusts (possibly as an alternative to a Will) for accumulation of investment income and long-term benefits for beneficiaries on a favorable tax basis (without income, inheritance or capital gains taxes);

3)Simplify the transfer of assets and properties held in several countries:

The sale or probate of properties in different countries can become complex and expensive. If an offshore company collectively holds these, ownership can be transferred by company shares rather than transferring the actual properties owned by the company.

4)International Tax Planning and Conduct business without corporate taxes:

Tax havens, such as British Virgin Islands, allow the formation of International Companies that have no tax or reporting responsibilities. This means you save money not only from the absence of corporate taxes, but also from reduced compliance and other regulatory costs. Reduce payroll and travel expense administration: Allow employment or consultancy fees to accumulate in a low tax area: Offshore corporations can contract the services of professionals to employers resident in high tax locations or politically unstable areas. This allows the fees to accumulate in a low tax jurisdiction.

5) Operate as an International Entity

International Companies have the same rights as an individual person and can make investments, buy and sell real estate, trade portfolios of stocks and bonds, and conduct any legal business activities so long as these are not done in the country of registration. Offshore Companies set up offshore need not pay social security, withholding tax, or associated expenses of employees working in other foreign countries.

6)Savings for Companies

An offshore corporation can buy or lease products from one country and then sell or lease them to a company in another country so the profits of the transaction are accumulated in the offshore company where there is no taxation on profits. Maximize profits from intellectual property rights, franchising and licensing: An offshore company can franchise or license intellectual property rights in other foreign countries allowing the profits to accumulate in a tax-free environment.

6)Protection of Investment

Companies in foreign countries may obtain a loan from international companies. The investor can open an offshore company to lower tax obligations and protect long term ability to repatriate investment funds.

JURISDICTIONS

We offer offshore company incorporation for the following jurisdictions:

SEYCHELLES ISLAND OFFSHORE COMPANY

Seychelles is situated in the Indian Ocean with a population of 80,000. It is one of the fastest IBC (International Business Company) registrar in the world with the most comprehensive, modern and attractive approach to the establishment and operation of offshore companies, banking, and insurance. This jurisdiction offers total confidentiality and anonymity and is recommended for high profile trading operations. It has an excellent up-to-date telecommunications network and advanced professional and technological infrastructures.

CHARACTERISTICS OF THE SEYCHELLES INTERNATIONAL BUSINESS COMPANY

Factor	Description
Income tax and business tax in Seychelles	None
Conduct business internationally	Yes
Conduct business within Seychelles	No
Formally considered as resident in Seychelles	No
Official language / language of documents	English
Operational objects	General clause, may be specified as required
Minimum paid-up capital	No minimum requirements
Optimum amount of authorized capital (maximum amount at minimum Government fee)	No limitation
Government license fee	USD 100
Considerations to the capital	In any currency or in kind
Bearer shares	Not allowed
Minimum number of directors	One
Minimum number of Members (shareholders)	One
Non-resident directors	Allowed
Corporate directors	Allowed
Registered Agent and Address in Seychelles	Required
Register of Directors	To be kept by the Registered Agent
Register of Members	To be kept by the Registered Agent
Register of Members filed for public record	No
Disclosure of beneficial owners to Registrar	No
Disclosure of beneficial owners to Registered Agent	Yes (confidential due diligence)
Holding of Annual General Meeting	Not required
Convention of Meetings of Directors / Members	Anywhere in the world, also by proxy
Corporate Minutes and Resolutions	To be kept by the Registered Agent
Corporate Seal	Not required
Keeping of accounting records	Required
Auditing of financial accounts	Not required
Filing of financial accounts	Not required
Access to double-tax avoidance treaties	Not available to IBC´s
Subject to currency controls / restrictions	No
Redomicile a foreign company into Seychelles	Yes
Redomicile a Seychelles company abroad	Yes
Net time to incorporate	1-2 business days

BRITISH VIRGIN ISLANDS OFFSHORE INCORPORATION

British Virgin Islands is situated in the Atlantic Ocean and only 96 Km East of Puerto Rico with a population of 25,000. It is the leading offshore jurisdiction with over 750,000 offshore companies incorporated since 1984. The government has strengthened and enhanced legislation to prohibit the formation of offshore banks on the Island and has in return reduced money laundering activities greatly. As a result of its highly flexible and modern legislation BVI has become extremely popular in the offshore market.

CHARACTERISTICS OF THE BVI BUSINESS COMPANY

Factor	Description
Income tax in BVI	None
Conduct business internationally	Yes
Conduct business within BVI	Yes
Formally considered as resident in BVI	Yes
Official language / language of documents	English
Operational objects	No requirement to specify
Authorized capital	Not required as a concept
Minimum paid-up capital	No specific requirements
Considerations to the capital	In any currency or in kind
Most effective number of shares (maximum amount at minimum state fee)	50,000 shares (with or without par value)
Bearer shares	Yes (but to be held by a custodian only)
Registered Agent in BVI	Required
Registered Address in BVI	Required
Minimum number of directors	One
Non-resident directors	Allowed
Corporate directors	Allowed
Register of Directors	To be kept by the Registered Agent
Register of Directors filed for public record	No, but may choose to do so
Minimum number of Members (shareholders)	One
Register of Members	To be kept by the Registered Agent
Register of Members filed for public record	No
Holding of Annual General Meeting	Not required
Convention of Meetings of Directors / Members	Anywhere in the world, also by proxy
Corporate Seal	Mandatory
Imprint of Corporate Seal	To be kept by the Registered Agent
Corporate Minutes and Resolutions	To be kept by the Registered Agent
Disclosure of beneficial owners to Registrar	No
Disclosure of beneficial owners to Agent	Yes (confidential due diligence)
Keeping of accounts	Internally, only to enable a reasonably accurate determination of financial position
Auditing of accounts	Not required
Filing of accounts	Not required
Double-tax avoidance treaties	Switzerland, Japan
Currency controls / restrictions	None
Available special types of company	Restricted purpose company Segregated portfolio company
Redomicile a foreign company into BVI	Yes
Redomicile a BVI company abroad	Yes
Net time to incorporate	3-5 days
Ready-made (shelf) companies	Available

Mauritius

Republic of Mauritius is located in the Southwest Indian Ocean in the coast of Aftrica. The Republic of Mauritius includes the islands of Rodriques, Agalega, and St. Brandon. Mauritius has developed a good reputation as a tax haven. Offshore services such as offshore banking and banking services, insurance, the registration of ships and vessels, investment fund management and the incorporation of Mauritius Global Business Company Category II (GBCII) or offshore company. Minimal and flexible statutory requirements and low government fees make this corporate vehicle very attractive and inexpensive CHARACTERISTICS OF THE MAURITIUS BUSINESS COMPANY

GENERAL
Location of Jurisdiction	Mauritius – Indian Ocean
Official Language	English
Political Stability	Excellent
EU Savings Tax Directive Applies	No
Corporate Taxes	None
Disclosure of Beneficial Owner	Yes, but Nominees may be used.
Requirement to File Accounts with Government	No
Time to Incorporate	3-4 business days plus document issuance time. Note that if the company documents are to be apostilled this can add an extra week or more to the process.
CORPORATE
Type of Offshore Company	Global Business Company – Category 2
Type of Law	Common Law for corporate matters.
Registered Office/Agent	Required by Law
Change of Domicile	Allowed
Shelf Companies Available	Yes
Language of Documents	English
Chinese Characters Allowed	Yes
DIRECTORS
Eligibility Any person or company of any nationality
Minimum Number of Directors	One. Can be a person or a company.
Disclosure to Authorities	Yes, but Nominees can be used
Residence Required	May Reside Anywhere
Local Director Required	No
Nominee Director Available (Recommended)	Yes. Provided by Maritime International Ltd
Location of Meetings	Anywhere
COMPANY SECRETARY
Secretary Required: Optional
Local Secretary Required	No
SHAREHOLDERS
Minimum Number of Shareholders: One
Eligibility	Any person or company of any nationality.
Disclosure to Authorities	Yes, but Nominees can be used.
Nominee Shareholders Available	Yes. Provided by Maritime International Ltd
Annual Shareholders Meeting	Required
SHARES
Minimum Number of Shares : One
Maximum Number of Shares	Unlimited
Bearer Shares Permitted	No
Classes of Shares Permitted
SHARE CAPITAL
Permitted Currencies : Any except RS (local currency)
Minimum Paid Up Share Capital	US $1.00
Maximum Share Capital	Unlimited
Recommended Share Capital	US$1,000
Requirement to be Paid Up	Yes
ACCOUNTS
Keep Accounts/Company Books : Yes
Audited Accounts Required	No
File Accounts with Government	No
File Annual Return	No
Bank Account Location	Anywhere
Exchange Controls	No