Offshore Companies and Trusts

Discussion in 'Business & Tax Advice' started by FX.RA, Apr 16, 2013.

  1. FX.RA

    FX.RA Newbie

    Apr 16, 2013
    Likes Received:
    Belize City
    With ever encroaching governments many people are looking to save their hard earned money in an manner and anywhere they can. Creating offshore companies and Trusts are a great way to be able to alleviate some of that harsh tax burden imposed by your home government. Business conducted through most offshore jurisdictions are Tax Free in that jurisdiction. While tax law varies greatly from country to country, business conducted through offshore companies is also protected from capital gains tax up to a certain threshold.

    Worried about retirement funds or valuable assets? Under certain structures, Trusts created under the offshore corporation can protect your assets from tax agencies as well as inheritance tax. Belize is one of the most desired jurisdictions to set up offshore companies and trusts because of its political and economical stability as well as its strict privacy laws. Belize in non-patriot act compliant and will not disclose personal information to outside organizations. Also, the low price of incorporation is a added perk. Any questions you may ask.

  2. globalfx

    globalfx Newbie

    Apr 23, 2013
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    Forex, Offshore Services
    On January 18, 2001, a federal grand jury indicted James Gibson for offenses
    including conspiracy to commit money laundering and mail and wire fraud.
    by purchasing luxury items. Following the passage of the USA PATRIOT Act, a
    seizure warrant was served on the Belizean bank?s correspondent account in the
    United States pursuant to section 319, and the remaining funds were recovered.
    The government intends to return the recovered $1.7 million to the victims of
    Gibson?s fraud scheme.
    Certification under Patriot Act, Belize:
    First Caribbean International Bank
    In an international law context, The Convention of the Taking of Evidence Abroad in Civil or Commercial Matters (Hague Evidence Convention) is an international treaty designed to accommodate the common law and civil law approaches to taking of evidence in civil and commercial transnational disputes. This process, similar to letters of request, is used to obtain depositions or documents from signatory countries to the convention. Belize, as well as the Bahamas and the British Virgin Islands, have not signed the convention. However, Belize did sign the Hague Service Convention which applies to the service of judicial and extrajudicial documents in civil or commercial matters in signatory countries.
  3. shaneparkins

    shaneparkins Junior Member

    Feb 27, 2013
    Likes Received:
    Damn Fx, I hope you have a parachute because your ass just got shot downnnnnn:target: