 |
To | LLOYD'S FUNDS |
Offshore Bank Formation
| Jurisdiction |
& Grenadines |
|
Offshore Bank Formation
|
|
It may surprise you to learn that the NUMBER ONE reason for people moving money offshore is NOT because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind.
|
Savings Bank Only $9,500 |
Time & Weather In St. Vincent & Grenadines 
| 
| 
|
|
Where Are St. Vincent & Grenadines?
A lush volcanic island, just 18 miles north to south and 11 miles wide, its windward coast is lined with cliffs and rocky shores pounded by the Atlantic ocean. The leeward coast has spectacular slopes and valleys running down to beaches lapped by the tranquil Caribbean Sea. The Capital, Kingstown, combines reminders of its colonial past with the bright and bustling life of a modern market town Unspoiled necklace of 32 islands and cays in the Eastern Caribbean, 1,600 miles from Miami, USA. Spectacular landscapes... beautiful beaches...turquoise blue waters...the Jewels of the Caribbean! | A Tax Haven In The Heaven 
|
|
Why St. Vincent & Grenadines?
Most of our clients have preferred the banking laws of St. Vincent which is both recognized in global banking circles with international correspondents and it is a country that maintains a degree of flexibility that many bank owners prefer. Confidentiality in relation to the incorporation and the conduct of business of an International Banking licensee has been preserved by the Confidential Relationships Preservation (International Finance) Act, 1996 and by the International Banks Act 1996. There are no exchange control restrictions applicable to offshore transactions, no stamp duties of any kind on any transactions, no corporation tax, no income tax, no withholding tax, no capital gains tax, no estate, inheritance, succession duties. St. Vincent enjoys the favor of political independence and stability, a skilled work force, duty free importation of equipment and fixtures for use in offshore banking business, excellent International Banking Laws and excellent telecommunications, trained Lawyers, Bankers, Accountants, low crime rate and finally a conducive natural environment. | Your Road To Succeed 
|
|
Tax Free Offshore Haven
A St. Vincent and Grenadines Bank is not liable to taxes. You can conduct your business tax free for 25 years even if managing it from within St. Vincent and Grenadines. Special measures have been taken to make a St. Vincent and Grenadines Bank one of the most private business tools available in the offshore world. Double Taxation: St. Vincent and Grenadines do not have double taxation treaties with other countries. This means that St. Vincent and Grenadines tax authorities do not cooperate with other countries tax authorities and confidential information regarding your business activities can not and will not be disclosed. |
Your Own Bank;
|
|
Confidentiality Act.
The Confidentiality Act adopted in 1996 affords true privacy for businesses and their owners. Banking confidentiality is enforced by law. No information on the company or its owners is public. Director may choose not to register their personal details. Bearer shares are allowed. Accounting, Capital: Accounting and auditing is not required. Company capital can be declared with in wide range. Capital is not required to be paid in. Legal System: St. Vincent and Grenadines is a stable democracy. The legal system is based on the English Common Law. English is the official language. Offshore Bank: There is no currency exchange control. International banks have their branches in St. Vincent and Grenadines. Foreign currency accounts and credit cards are available. As you see these features make a St. Vincent and Grenadines Offshore Bank one of the best offshore business vehicles available. How To Utilize An Offshore Bank: Here are some possible ways to employ an Offshore Bank in St. Vincent and Grenadines Offshore Bank
Balance Reporting A fast accurate update on the daily balance and activities in your accounts.
Services, in both local and foreign currencies, include Commercial / Executive Check Accounts Commercial / Executive Accounts | The Bullet Proof Jurisdiction 
St. Vincent
Your Own Bank;
Your Offshore Bank
|
|
Your Own Bank In St. Vincent & Grenadines The following are the licenses which are issued under the International Banks Act 1996:
Requisites: Local domestic company or an International Business Company must be incorporated under the laws of the State of Saint Vincent and the Grenadines; The prescribed minimum capital requirement for a class 1 license is US$500,000 and for a class 2 license is US$100,000; There must be at least two directors, one of whom must be a resident. The directors are required to be natural persons; A principal office and place of business in the State; A registered agent who must be resident within the state and who must not be the resident director;
Application fees are US$1,000 for Class 1 license and US$750 for Class 2 license; Narrative description of principal's experience in banking business and character references together with other such particulars as may be prescribed; Indemnity insurance coverage may be required based upon the nature and type of the business to be carried on by the licensee. | 
St. Vincent; Earth's Heaven
|
Lloyd's Funds can customize the above listed services, and many other services, to meet your specific international transaction and banking requirements. Assets can be denominated in any foreign currency, as well as US dollars.
|
|
|
|
|
Mailing, Fax, Telephone And Office Facilities
As part of the domiciliary service fee we provide clients with a registered office address in the country of incorporation but clients may find it convenient to arrange for mail forwarding, fax and telephone facilities through our Switzerland, The Bahamas Islands, London or other Lloyd's Funds offices. This service may be especially useful where, for example, the company is opening bank accounts.
Normally the bank would address statements and other correspondence to the company at the address of the client but this results in a loss of confidentiality in that the connection between the company name and the client will be automatically made. | Cheers 
|
|
To safeguard against this mail can be directed to our offices and we can re-mail those letters in a plain envelope addressed to the client or otherwise as the client directs. An additional advantage of using our re-mailing services is that the provision of a re-mailing address through one of our prestigiously located offices in the onshore jurisdictions may allow the offshore company to appear to be domiciled on-shore and thereby give that company an added degree if respectability.
For example, your offshore company could quote Lloyd's Funds London office address on its letterhead and thereby appear to be domiciled in the UK. This procedure is particularly attractive if the Hong Kong address is used as a Hong Kong company is not required to quote its registered office address on its letterhead. Thus if an offshore company were to quote a Hong Kong address it would be indistinguishable from the letterhead, from a normal Hong Kong trading company.The charge for this service is only $275 per annum. Trust Services: Using a trust to own the shares of an offshore company can result in very substantial tax and non-tax related advantages which will accrue both on death and during the lifetime of the trust settlor. These advantages may include: |
A Touch Of Class 
St. Vincent
|
|
Saving Of Inheritance Tax:
On death, the Inheritance tax which would normally be assessed on the value of shares would generally be eradicated.
Asset Protection: Assets placed into trust are generally beyond the reach of creditors who might arise as a result of financial difficulties, divorce proceedings, litigation, etc. Avoidance Of Probate: A trust provides a means whereby assets can be smoothly passed on to the next generation without the disruption, delays substantial costs, loss of confidentiality associated with the probate procedure which necessarily follows when assets are bequeathed by will. Continuity: Trusts provide a means whereby assets can continue to be administered in accordance with the wishes of the settlor after his death so the weak can be protected from others and the spend-thrift can be protected from himself. Lifetime Tax Savings: During lifetime, substantial income and capital gains tax advantages may result from setting up the trust. Using the service of one of our licensed trust companies, we are pleased to act as trustee for a suitably drafted discretionary trust and the cost of this service would be from US$500 for setting up the trust deed and from US$500 per annum for the provision of trustee services. Other Services: Lloyd's Funds provides a wide range of administrative and documentary services including, but not limited to legalization and notarizing of documents, credit cards, yacht and ship registration, invoicing, documentary trade services, trade finance applications, accounting, consulting and immigration services. VIP Package: Available at slightly higher cost Summary: St. Vincent and Grenadines is an independent English speaking nation, located in the Eastern Caribbean. In 1996 there were comprehensive legislative changes to its Bank Act, bringing St. Vincent to the forefront of the world's offshore financial centers as one of the safest and most private jurisdictions. These legislative changes concentrated on two specific policies in St. Vincent's approach to offshore financial law: ultimate privacy and maximum asset protection. These policies are also reinforced in the new offshore finance laws proclaimed in 1997 and 1998. Offshore Banks incorporated in St. Vincent and Grenadines are completely free of all taxes for a period of 25 years. There is no requirement to disclose the beneficial owner of the IBC and bearer shares are allowed. There are no exchange controls. There are no tax information exchange treaties with any country. There is no requirement for books or audited reports to be presented to any authority. St. Vincent and Grenadines is an independent sovereign nation and will therefore not be affected by the impending UK/EU legislation impacting the British Dependant Territories, the Isle of Man and the Channel Islands. The Confidential Relationships Preservation (International Finance) Act, 1996 is a further expression of the privacy theme of the new legislative policy. This law elevates the protection of professional confidential relationships and information to a matter of state "public policy". The Government has reaffirmed that the right to privacy in financial affairs is a basic right of offshore companies and financial institutions in St. Vincent and Grenadines and that it will not help other governments collect their taxes, directly or under the guise of investigations or prosecutions of other purported offences. VIP Package: For one payment US$15,900 Lloyds Funds will provide the following:
| Your Peace Of Mind 
Your Own Bank
Your Own Bank
Your Own Bank
Your Own Bank
|
|
Confused?
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. Lloyd's Financial 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 open a financial account 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
St. Vincent & Grenadines bank formation. 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 devoted services.
Please click here to write us the full particulars of your situation and what you wish to accomplish. We will review your situation 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. | Dream Come True 
|
|
If you would like to obtain further details of the legislation
surrounding the formation of an St. Vincent & Grenadines bank or wish to discuss any matter in complete confidence, please
click here
to contact:
Mr. Oscar Parker Ph.D. Vice President Lloyd's Funds Offshore Services |
 |
| Thank you for your interest and feel free to contact Lloyd's Funds Offshore Services if you believe the formation of Your Own Offshore Bank in St. Vincent & Grenadines Bank may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL. |
|
|
|
|
 |
There is only one Lloyd's Funds. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. |  |
 |
|
