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(International Business Company "IBC")
Offshore Tax-Exempt Company Formation
Offshore Company Formation
The British Petro's Offshore Group
In More Than 145 Countries And Territories
Welcome To Real Life
"It may surprise you to learn that the NUMBER ONE reason for people moving money offshore is NOT because of the tax benefits but asset protection.
Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind."
Why Go Offshore?
For most individuals, going offshore allows to:
★★★ Avoid burdensome regulations;
★★★ Protect your assets;
★★★ Avoid lawsuits;
★★★ Reduce or completly eliminate taxes.
British Petro's Advantages
After being over 80 years in the corporate service industry we both know that your business needs are never static.
It is the reason people look at British Petro's Offshore Division today as their provider of choice and the company they can trust.
★★★ Excellence in Global Corporate Services
You can take confidence from the fact that we have established and administered over 375,850 companies and trusts world-wide from nearly 5,000 affiliated brokers regional offices in more than 150 countries and territories and take pride in giving value and personal service to the international business and professional community.
At British Petro's Offshore Division, we respect you as an individual and implement solutions that best fit your or your client's specific business needs in the context of international trade and investment.
We establish and administer both onshore and offshore companies as platforms for expansion, Market Entry and to reduce your global business costs; and Trusts and Foundations as vehicles for wealth protection.
What is an IBC (International Business Company)
An international business company or international business corporation (IBC) is an offshore company formed under the laws of many jurisdictions as a tax-free company which is not permitted to engage in business within the jurisdiction it is incorporated in.
Offshore Financial Centers which have allowed the formation of IBCs include Antigua, Anguilla, the British Virgin Islands, the Bahamas, Gibraltar, Nevis, Panama, Turks & Caicos, Seychelles and 34 other jurisdictions.
Characteristics of an IBC vary by jurisdiction, but will usually include:
••• Exemption from local corporate taxation and stamp duty, provided that the company engages in no local business;
••• Preservation of confidentiality of the beneficial owner of the company;
••• Wide corporate powers to engage in different businesses and activities;
••• Abrogation or restriction of the requirement to demonstrate corporate benefit;
••• The ability to issue shares in either registered or bearer form;
••• An abrogation of any requirements to appoint local directors or officers;
••• Provision for a local registered agent.
An IBC, by the definition of the law, is not subject to any tax or duty on income or profits. A shareholder of an IBC is also not subject to any tax on his income derived from the IBC.
A Business Company is exempt from the income tax, the same exemption applies to all dividends, interest, rents, royalties, compensations and other amounts paid by a company, and all capital gains realized with respect to any shares, debt obligations or other securities of the company.
No estate, inheritance, succession or gift tax is payable with respect to any shares, debt obligations or other securities of an IBC.
All transactions and instruments relating to transfers of any type of property of assets, shares, debt obligations or securities to or by an IBC are exempt from the stamp duty, with a sole exception for land-ownership transactions in the British Virgin Islands, in which case stamp duty remains payable.
There are a number of advantages of integrating your company to IBC. Highlights are provided below:
••• It only needs minimal formality. Incorporation is done through registration and can be finished in one to two days;
••• Two persons shall subscribe for a Memorandum of Association and Articles of Association for the shares;
••• Once they are registered with the Registrar of Companies, a Certificate of Incorporation will be given and an IBC is legally existent and can initiate immediately if they choose to do so;
••• There is no minimum amount for the capital of an IBC; the shares can be divided without limit along with its dividends and rights in any currency which can be paid in cash and its assets can be transferred through a trust for the benefit of its shareholders;
••• The IBC is very convenient because you only need one shareholder and one director which can either be an individual or a company. You don't need to be a resident of the country to participate because meetings can be held in various means; through the phone, by representing yourself through a proxy, and even electronically, in or outside Bahamas;
••• By law an IBC is required to have their own registered office and agent in the Bahamas. This provides a guaranteed confidentiality because no comprehensive documentation needs to filed and pertinent information is retained in the company's shared registered office.
Confidentiality is one of the key features of the International Business Company (IBC) as details of the company beneficial owners, directors and shareholders are NOT part of public record.
At registration of a new IBC, the Registrar of Companies does not require any data whatsoever on who is the actual beneficial owner of the new company.
This information is only known to the licensed Registered Agent of the company and is kept in complete confidentiality.
The internal corporate files of the IBC, like the Register of Members, Register of Directors and all Minutes and Resolutions, are kept at the offices of the Registered Agent and are also confidential.
The only documents of an IBC that are held on public record are the Memorandum of Association and the Articles of Association. These documents do not contain any indication as to the actual shareholders or the beneficial owners of the company.
The offshore jurisdictions are independent country or territories. As such, it is not sharing or reporting information to any overseas "principal", or organization.
Offshore jurisdictions are not subject to the EU Savings Tax Directive, unlike some other offshore tax havens related to the EU member states (primarily, to the UK and its overseas territories).
Offshore jurisdictions have avoided entering any information-sharing agreements with foreign countries or organizations for exchange of financial aid.
Client confidentiality is robustly enshrined in offshore corporate and business legislation. Offshore financial services sector contributes significantly to the jurisdictions GDP.
There is an inherent interest with the government and with the general public to maintain and develop the country's status as a competitive offshore financial centre.
The British Petro's US$599 VIP Power Package Includes:
★★★ Certificate of Incorporation and Certificate of Good Standing for your offshore company;
★★★ Memorandum and Articles of Association;
★★★ First year government fee;
★★★ Share Certificate issued to the bearer or to the nominee shareholder (recommended and provided for free) or registered;
★★★ Minutes of the first meeting of founders;
★★★ Letter of appointment of the first director;
★★★ Register of members for offshore company;
★★★ Register of directors for offshore company;
★★★ Registered agent services first year for offshore company;
★★★ Registered office for offshore company (first year);
★★★ Apostille of the charter documents;
★★★ Courier delivery;
★★★ 3 Bank accounts;
★★★ Nominee directors;
★★★ Power of Attorney;
★★★ Apostille documents;
★★★ Notarized documents;
★★★ Apostilled translation of the charter documents into local language;
★★★ Notarized translation of the charter documents into local language;
••• Rubber stamp of the company;
★★★ Express Delivery;
★★★ Amendments to the company charter documents, name change, etc;
★★★ Trading and investment account. Operation via Tel., Fax, Internet. Debit cards;
★★★ Offshore Brokerage Account for Day Trading;
★★★ Virtual office in your selected jurisdiction, including: e-mail address, fax and answering machine for infrequent use, with forwarding all messages by e-mail;
★★★ One year offshore hold mail and forwarding;
★★★ Offshore merchant account.
Why Go Offshore?
Most people think they have done everything to protect themselves and their families.
-- Can Money Really Buy Happiness?
"Whoever Said Money Can't Buy Happiness, Simply Didn't Know Where To Go Shopping"
Can Your Offshore Company Change Your Image
Any banker who divulges the private records of his client, or a third party, will face a jail sentence of 20 years and will be fined up to US$1000,000.00
|Andorra||Anguilla||Antigua & Barbuda||Austria||The Bahamas||Barbados||Belize|
|Bermuda||British Virgin Islands||Canary Islands||Cayman Islands||Cyprus||Gibraltar||Italy|
|Guernsey||Hong Kong||Ireland||Jersey||Liechtenstein||Costa Rica||Japan|
|Mauritius||Monaco||Nauru||Nevis||Singapore||Switzerland||Turks & Caicos|
|United Kingdom||Isle of Man||Vanuatu||Western Samoa||Labuan||New Zealand||Venezuela|
|Ireland||Spain||Uruguay||Seychelles||Bodrum||Spanish-Moroccan Tax Havens||Madeira Tax Haven of Portugal|
|Jamaican Free Trade Zones||Dominican Republic Free Trade Zones||Campione D'Italia||Poland||Eastern Turkish Border, Tbilisi||Mozambique||Guatemala|
The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore company formation or registering of a bank or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes.
British Petro's Offshore Group has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to go offshore.
The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can create your Offshore Business Company under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.
We trust that we have clarified the intriguing world of the Formation of an International Business Company or Trust in the Tax Haves. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our other devoted services.
Please click here to inform us the full particulars of your situation and what you wish to accomplish. We will review your situation VERY CAREFULLY and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.
If you would like to obtain further details of the legislation surrounding the formation of an International Business Company World-Wide or wish to discuss any matter in complete confidence, please click here to contact:
Mr. James T. McNally Ph.D.
British Petro's Offshore Services
British Petro Group's Offshore Services is in a position to assist new and established clients in opening personal and corporate offshore bank or trust accounts, denominated in almost every currency, in over 155 countries and territories, including:
Thank you for your interest and feel free to contact British Petro Group's Offshore Services if you believe the formation of an International Business Company in your favourite jurisdiction may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.
If You Need it, Want it, Desire it, or Dream it,
Your Offshore Company Will Help You to Realize it.
Let Us Do The Same For You.