WHO SHOULD HAVE AN IBC
People who have worked hard for their financial rewards, and who want to keep their assets secret and out of
reach of lawyers and lawsuits or seizure by government agencies:
- Anyone paying high premiums for liability insurance
- Anyone with a high net worth
- Anyone facing a costly divorce
- Anyone who is the potential target of a lawsuit
- Artists, inventors, and holders of copyrights, patents, or trademarks
- Professionals and small business owners
- Individuals who need to keep their financial affairs private
- Professionals working abroad
- Companies selling products abroad
THE CAYMAN'S
Just a quick 270 miles from Miami, the Commonwealth of the Cayman Islands is an independent country within the
British Commonwealth of Nations. There are no income taxes, capital gains taxes, or corporate, estate, profit,
sales, value added, gift, or inheritance taxes. There are also no taxation agreements with other countries and
no tax treaty with the U.S.
A Offshore Company is everything you need to operate legally with complete Asset Protection.
Offshore Protection is quick and very affordable.
TAKE STEPS TO LOWER YOUR TAXES
Courts have ruled time
and again that people can plan their affairs so as to pay the minimum amount of tax possible and the taxpayer
may use any legal means to do so. Americans ventured into the world of offshore a bit late in the game, nearly
forty years after the rest of the world had capitalized on the financial advantages of moving assets offshore.
The fact is that it is still both legal and quite simple for U.S. citizens to shelter their wealth offshore and
to accumulate tax-deferred profits.
Our accounting firm can handle your complete tax filing requirements and we will file the appropriate IRS forms
with the Internal Revenue Service to make sure that you have reported all of your income abroad as is required
of every U.S. citizen and U.S. corporate taxpayer.
The best way to protect your assets is not to own any...only if you own an asset is it vulnerable to
attack.
SECRET SHARES PERMITTED
Stock certificates issued by an IBC may be redeemed by anyone who has them in his or her possession just like
cash. The person who has possession of the shares of an IBC is legally the owner of the IBC. In addition to
other safeguards, this makes it almost impossible for anyone to track down your ownership. It also means that
when the shares are in someone else's possession, you can truthfully testify that you do not own the IBC or its
assets. The shares of an IBC may be with or without par value. They may be registered, or they may be in the
form of stock best suited to guarantee the owner's anonymity.
- Bank Secrecy - The British Virgin and Cayman Islands, to name a few,
prohibit the disclosure to a third party of information pertaining to a client's affairs
without the client's express written permission under strict penalty of law.
- Major Financial Center - The British Virgin and Cayman Islands are the
largest offshore financial centers in the Caribbean, with more than 600 banks and trust
companies, and the headquarters for branches and subsidiaries of many large, international
financial organizations. There are no restrictions on the movement of investments,
corporations, or trusts into or out of these regions.
- Promote services and market goods world wide with virtually no restrictions
using an International Business Company (IBC).
- Be both a borrower and a lender. You may choose to borrow money from an IBC
or be the mortgage holder on your house or any other real estate. The borrower can make
payments directly to the offshore IBC bank account and deduct the interest as an expense.
Your IBC can purchase and lease equipment to your domestic company making all lease payments
tax deductible.
- Purchase or lease real property outside the country of formation. Also
lease personal property like automobiles, boats, office equipment, etc., allowing you to
move these items out of your name for asset protection.
- Operate as a trading company to set up an internet business offshore,
advertise products on the web, take orders, and complete the fulfillment from the offshore
locations.
- Use your IBC as a marketing, consulting, legal, or financial services
company rendering services to U.S. based businesses. Invoices from the IBC are submitted to
your domestic corporation and are paid directly to the IBC's offshore bank accounts.
- Issue multiple classes of stock with complete secrecy.
- There is no requirement that any officer or director be a shareholder in
the IBC and a nominee officer can be set up to open offshore IBC bank and stock brokerage
accounts.
- Another IBC may serve as an officer and director of an IBC.
- Corporate books may be maintained outside the country in any place owners
so choose.
- NO taxes on any IBC if the corporation does not conduct business in the
country of its incorporation, exclusive of banking or other financial transactions.
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OFFSHORE JURISDICTIONS WE SERVICE
EUROPE:
Andorra corporations, Austria holding corporations, Campione d'Italia corporations, Cyprus offshore
corporations, Denmark holding corporations, Gibraltar offshore corporations, Guernsey offshore corporations,
Hungary corporations, Jersey offshore corporations, Iceland trading corporations, Ireland corporations, Isle
of Man offshore corporations, Liechtenstein foundations, Luxembourg holding corporations, Madeira offshore
corporations, Malta corporations, Monaco corporations, Russian Federation corporations, Switzerland offshore
corporations, and United Kingdom corporations.
ASIA & MIDDLE EAST: Bahrain offshore corporations, Brunei offshore corporations, Dubai offshore
corporations, Hong Kong offshore corporations, Lebanon corporations, Macao offshore corporations, and
Singapore offshore corporations.
NORTH & SOUTH AMERICA: Anguilla offshore corporations, Antigua and Barbuda offshore corporations, Aruba
offshore corporations, Bahamas offshore corporations, Barbados offshore corporations, Belize offshore
corporations, Bermuda offshore corporations, British Virgin Islands offshore corporations, Canada
corporations, Cayman Islands offshore corporations, Costa Rica offshore corporations, Dominica offshore
corporations, Grenada offshore corporations, Montserrat offshore corporations, Netherlands Antilles offshore
corporations, Panama offshore corporations, Puerto Rico offshore corporations, St. Lucia offshore
corporations, St. Kitts and Nevis offshore corporations, St. Vincent and Grenadines offshore corporations,
Turks and Caicos offshore corporations, and Uruguay offshore corporations.
AUSTRALIA & PACIFIC RIM: Cook Islands offshore corporations, Vanuatu offshore corporations, Labuan
offshore corporations, New Zealand corporations, Marshall Islands offshore corporations, and Samoa offshore
corporations.
AFRICA: Seychelles offshore corporations.
We do not service restricted jurisdictions.
STOP BEING A TARGET FOR
MONEY-HUNGRY LAWYERS
Joel Johnson found himself under attack by several collection agencies who had succeeded in getting
judgments against him and his partners in Federal Court. That U.S. federal judge
had no power to seize the liquid assets of his IBC.
AN INTERNATIONAL BUSINESS COMPANY (IBC) IS THE ONLY CHOICE FOR MAXIMUM PROTECTION
For many people a Nevada LLC with three Nevada Trusts to will adequately protect their assets however, for those who desire or need
the maximum in judgment-proof asset protection we recommend an International Business Company (IBC).
A GROWING FORM OF ASSET PROTECTION
An International Business Company (IBC) offers a corporate structure which is familiar and comfortable for
business and professional people. Most IBCs will operate as a regular investment or trading company. It is
possible, however, for a professional advisor to produce a "designer" corporation within the
provisions of the Act. IBCs can be adapted so that they function as mutual funds, limited partnerships, limited
liability companies, or charitable associations.
Paul Winters was a successful investment banker in Manhattan. He quickly built up a large personal
investment account but was worried over government interference and employment litigation due to some of his
highly speculative decisions. Anything could go wrong.
He formed a Nevada Corporation, transferred his funds to Nevada, and then formed an International Business
Company (IBC) and opened up brokerage and bank accounts in the Cayman Islands. He still had use of the funds
and his IBC could easily make the same investments in the United States but now nothing was in his name. In
addition, he transferred and re-titled all of his existing bank and brokerage accounts in New York into his
offshore corporation. This allowed him the comfort of leaving funds in the United States while still having
the ability to transfer his funds at a moments notice to 'safer waters.'
WHAT IF YOU ARE FACED WITH A LAWSUIT
Do not be fooled - even if you are innocent, that does not mean the courts are on your side. Jurors often side
with the plaintiff who appears to need the funds in question rather than the defendant who they assume has money
to spare.
Even a judge's own personal feelings or politics can put you in jeopardy. Read the following outrageous quote
below:
"As long as I am allowed to redistribute wealth from out-of-state companies to injured in-state
plaintiffs, I shall continue to do so. Not only is my sleep enhanced when I give someone else's
money away, but so is my job security, because in-state plaintiffs, their families, and their
friends will re-elect me."
- Chief Justice Richard Neely, West Virginia Supreme Court
If you act NOW it's not too late to shield your assets from plaintiffs and their attorneys. Clients are happy
to learn that there is still a lot they can do to protect their assets.
JUDGMENT-PROOF YOUR ASSETS TO AVOID RUINOUS LAWSUITS
The first step in becoming judgment-proof is to get your assets out of your personal ownership. One of the best
ways to do this is to transfer your money, investments, vehicles, property, and other assets into an LLC owned
by an International Offshore LLC, also called an offshore company. This is a legal entity that you control.
Lawyers for plaintiffs will only initiate litigation when they believe it will pay off, not against
judgment-proof defendants. The best way of getting a plaintiff's lawyers to accept a token settlement is to
convince the lawyers that your assets are truly beyond their reach outside of the U.S. When owned by a Nevada
Company (LLC) and managed by a New Mexico LLC you have a powerful financial fortress for asset protection and
total privacy.
By forming an International
Business Company you create a legal entity to hold assets, do business and shelter the identity of the
beneficial owners. None of the investigative agencies which help trial lawyers, ex-spouses, ex-business
partners and creditors locate the wealth of the defendants they want to sue will be able to find your
sheltered accounts and assets. This makes you a poor prospect for a lawsuit.
WITHOUT ASSET PROTECTION YOU COULD LOSE EVERYTHING
- Nine out of ten lawsuits in the world are filed in the United States
- If you own a business or practice a profession you have a one chance in three of being named a Defendant
in a lawsuit in the next year, and it will only get worse. It is estimated that there are over 100,000
law school students in school right now.
Sharon Baker was a real estate developer who, now being retired, had two rental properties in Colorado.
Worried about the prevailing mortgage crisis, she formed two Colorado LLCs and an International Business
Company.
She then transferred each property into her Colorado LLCs. Next, her two Colorado LLCs were transferred to
by her IBC. However, before doing that, she formed a third LLC in Texas and placed recorded friendly liens
on each property. Sharon transferred the ownership of the third LLC into the IBC making all three LLCs owned
by an Offshore landowner.
Next, she opened a second IBC owned by her first IBC to hold her "H.Y.I.P.s (High Yielding Income
Portfolios). Because of these highly speculative high risk investments, she did not want to mix her IBCs
with high risk. Sharon was wise enough to protect her first IBC holding her safe investments.
advanced planning
Complete privacy with flow through. A disregarded income and no tax returns required when offshore LLC, real
estate and New Mexico LLC's are owned by the following:
- Nevada LLC
- Three Nevada Trusts
- Nevada LLLP with Trusts
- Endowment Foundation (501(c)(3))
- Self-Directed IRA
The New Mexico LLC has many privacy advantages and can
be manager of all LLCs and the Offshore LLC. The effect is to have no ownership and no exposure.