You may already be one of the business people who believe in the absolute right to privacy in one's business and banking affairs through an Offshore Corporation. If you are already a member of that group, the first part of this article will tell you things you may already know. For those of you who are new to this field, you will immediately become aware of the significant advantages of maintaining a "Trust" in a tax haven country.
Through BAHAMAS CAPITAL MANAGEMENT LTD., we will help you to privately form a "Trust", establish a private bank account or global investment account and arrange for a private credit or debit card for you to access your offshore cash. The offshore structure "OFFCO", the bank account or global investment account and the credit card will be only your concern, and totally private.
Dealing with such offshore structures has generally been a well-kept secret and most often, until now, far too expensive and complicated for the average business person. However, in recent times, various jurisdictions have lowered their costs and streamlined the initial set-up process. Unfortunately, there are not many "experts" in this specialized field. When you do find a knowledgeable person, it is usually still complicated and expensive. But, read on, there is good news for you.
Think about this: "Why does a tiny colony in the Caribbean like Cayman Islands, with a local population of only about 20,000, have more than 600 banks and almost 70,000 corporations registered there?"
While you are thinking about that, consider there is a good probability that your own bank is registered there, often just as a nameplate in a lawyer's office.but why? There is an excellent possibility that you are already carrying on business with a company that has a branch registered in the same lawyer's office!
You hear the term "tax haven" used quite a bit. It simply means a country that enjoys a tax-free status for individuals and corporations. The main reason for so many banks and offshore companies is privacy in business, privacy in financial transactions and privacy in banking. In most of the offshore banking centers, any person who reveals confidential information about such matters commits a criminal offence, and faces large fines and possible imprisonment.
Now, just how private are your business, banking and financial affairs? Most likely, your own bank will sell information about you and your family's credit worthiness. When you use your credit you are flooded with literature from companies that want you to buy something similar. Department stores have also sold this financial information about you. Everyone is on a computer database of their governments as well as many private companies. It is possible that every month your name, address and phone number is sold to someone's business. If you have any doubts about this statement, take a close look at your mail. Where did all of this "junk mail" come from? How did they get your name, address and phone number?
Do you want privacy in your financial affairs? The banks that we use for our clients will not give out any information. In those jurisdictions, it is a criminal offense! Even more threatening, the banks would loose all valued clients. The credit card companies we use for our clients do not have central clearing and processing accessible to any governments, banks, individuals or marketing organizations wanting to sell or gather information about you or your affairs. Unless you are a criminal, the records will be protected and available only for your own use.
The bottom line is, if you want total privacy (for whatever reason) in your business and banking affairs, you must be based offshore! In order to obtain a completely confidential offshore bank account, you must first have an offshore company and a trust, which we refer to as a "Trust" structure. The primary reason for so many offshore companies in the tax haven jurisdictions is to allow people to have totally private offshore bank accounts. It's that simple!
All of our services are conducted in complete privacy.
For a confidential, private consultation or for greater clarification about any of these matters please contact us and our staff would be pleased to assist you.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
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