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Petro Funds is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals
A GLOBAL FINANCIAL POWER-HOUSE
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Offshore Company Formation
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Petro Funds is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals A GLOBAL FINANCIAL POWER-HOUSE
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There is no offshore activity as such in Monaco. It is a low-tax jurisdiction for individuals and certain types of business activity are exempt from tax. Generally, taxation is determined by the activities carried on by an entity and not by its corporate form.
Exchange Control: There are no exchange controls in Monaco, which has a monetary union with France, a part of the EU. Offshore Activities: In Monaco, business activities which escape tax are those that service the local market to at least 75% of their turnover, in a reversal of the usual situation in offshore centers whereby it is external activities which escape tax. Pure holding companies are not permitted in Monaco, although a trading company can hold shares in its trading subsidiaries.
The relocation of companies for tax purposes has been going on for a long time.
In the context of the offshore world, Monaco is something of an anomaly - not a Tax Haven in the usual sense of the world, yet the majority of its residents live in the Principality on a tax-free basis; not an offshore jurisdiction in the sense that the term is used in the tax-planning world, yet a splendid place from which to administer foreign offshore trusts and companies. The term "foreign" offshore companies is used to emphasize the point that "shelf" or "ready-made" companies cannot be incorporated in the Principality but that entities from any other jurisdiction can be properly managed and controlled from Monaco.
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Monaco; Beats The Imagination 
Monaco; The Privileged Jurisdiction
Monaco; The Earth's Paradise
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Company Establishment:
-Registrar Credential search - Name reserved - Formalities - Registered company Providing nominee: -Director - Shareholder Organization : -Seminars -Partners meetings -Advice on tax matters and finances |
Registrar update
-Head office registration -Mail forwarding facility -Opening of Bank Account -Providing apostil-led documents -Secretarial summary Feasibility Study: - Return on investments study - Introduction and contacts with major banks - Legal financial and administration advice |
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Petro International Is specialized in providing advice and management services to those wanting to take advantage of the fiscal and other benefits of using offshore structures. Please click here to Email us if you want to discuss our services generally or if you have a particular problem you would like us to address, whether in relation to an existing offshore structure, or a situation where you believe our services may be of benefit."
Summary: Following are some of the advantages of
selecting Monaco as an offshore center:
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Your Unlimited Opportunities 
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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 Petro Funds world-wide 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.
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 Petro 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 settler. These advantages may include: 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: Petro 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: For one payment US$599 Petro Funds International will provide the following:
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Monaco Grand Prix
Your Offshore Corporation
Monaco; Next To Heaven
Monaco; Live Another Life
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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. Petro International 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. |
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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 Monaco's Tax Exempt Company Formation Programs 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.
If you would like to obtain further details of the legislation
surrounding the formation of an International Business Company (IBC) in Monaco or wish to discuss any matter in complete confidence, please
click here
to contact:
Mr. John Cooper
MBA
Vice President
Petro Funds
Offshore Services
| Please click here to explain 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 the solution will be simple to understand and 100% of the time it will be the least expensive alternative. |
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| Please feel free to contact Petro International if you believe the formation of a Monaco's Tax Exempt Company at the present time may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL. |
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Petro Funds 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 125 of offshore jurisdictions world-wide, including:
New Zealand, Australia, Chile, The Dominican Republic, Ireland, Argentina, Belize, Brazil, Spain, Italy, Costa Rica, Venezuela, Uruguay, Prague, Bodrum, The Spanish-Moroccan Tax Havens, The Madeira Tax Haven of Portugal, The Jamaican Free Trade Zones, The Dominican Republic Free Trade Zones, Campione D'Italia, Andorra, Poland, The Eastern Turkish Border and Tbilisi, Mozambique, Guatemala, The Virgin Islands, The Philippine Islands, and Anguilla are just some of the countries and places featured.
 | There is only one Petro Funds Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. |  |
Petro Funds 
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