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's a lot more to a successful bank portfolio than CAPITAL. You need resources, technological and marketing expertise, asset management abilities, loan administration - in a word, services. Petro Funds Offshore Division Is the provider of such services.
St. Vincent & Grenadines For Only US$9,500 |
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Where Are St. Vincent & Grenadines?
St. Vincent and the Grenadines are 1600 miles southeast of Miami with temperatures average 78 degrees year around, and there is no stormy season because of the islands' southern Caribbean location. 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. | One Step Short Of Heaven 
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Why St. Vincent & Grenadines?
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Far Away From Tax Collectors 
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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 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 & Grenadines 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. The following are the licenses which are issued under the International Banks Act 1996:
Requirements: 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 I license is US$500,000 and for a class II license is US$100,000; and can be financed entirely by Petro Funds 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;
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The Bullet Proof Jurisdiction 
Your Own Bank;
Your Own Bank;
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| Call Accounts | Term Deposits | Saving Accounts |
| Overdrafts | Term Finance | Housing Finance |
| Foreign Currency Drafts | Telegraphic Transfers | Trade Finance Lines |
| Travel Finance | Mastercard | Visacard |
| Merchant Facilities | Foreign Exchange | Traveler's checks |
Petro 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 U.S. dollars.
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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 International 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 International 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. |
A Door To Paradise 
Your Own Bank;
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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 International 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. |
The Money Machine 
St. Vincent; A Paradise On The Earth
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VIP Package:
For one payment US$15,900 Petro Funds will provide the following:
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Your Own Bank
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Confused?
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The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore bank or trust formation, or the registration of a company in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes.
Petro Funds Offshore Services 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 your bank under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.
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We trust that we have clarified the intriguing world of bank formation in St. Vincent & Grenadines. 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 YOUR OWN BANK in St. Vincent & Grenadines or wish to discuss any matter in complete confidence, please
click here
to contact:
Mr. Robert Haig
Petro Funds Offshore Services
| Please click here to inform 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. |
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| Please feel free to contact Petro International Group if you believe the formation of YOUR OWN BANK in St. Vincent & Grenadines may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL. |
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 | 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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