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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

Offshore Bank Formation

Jurisdiction: vanuatu countin_money_new

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.

Your Own Bank In Vanuatu

For Only US$9,500

Time & Weather In Vanuatu

Endless Summers
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Secrecy 100%
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Where Is Vanuatu?

Isolated Central Pacific island, 500 kilometers south of equator, and surrounded by the clear and warm waters of the Coral See, a place where the land emerges from the sea, an island that becomes a destiny, a destiny that becomes passion.

Vanuatu is a group of 83 islands in the South West Pacific, North East of New Caledonia and North West of Fiji, governed as an independent Republic by its indigenous people.

The Ni-Vanuatu, as they are known, are a peaceful, gentle race, who enjoy life's simpler pleasures in a country of unique and diverse customs and culture.

The international offshore finance center infrastructure of Vanuatu has long been a favorite of investors. The facilities and the expertise available through the members of the Vanuatu Finance Center Association are world standard and Vanuatu is well facilitated with a number of international banks and accountancy firms.

Tourism provides experiences not found elsewhere in the world - the Pentecost Land Dive and the Toka Ceremony on the island of Tanna are both highlights that draw people from all around the world, together with scuba diving.

Vanuatu; The Heaven Of Tax Havens
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Vanuatu is a pure tax haven, and commercial activities in the country have been greatly influenced by this status. An extremely active financial center, it is engaged in the administration and management of offshore companies, trusts and banks. Pure, because for both residents and non-residents there are no personal or corporate income taxes, no estate or gift duties, no capital gains taxes, no exchange controls, and extensive secrecy provisions.

This is another Perto Funds jurisdiction which has indicated it is willing to receive applications for restricted banking license. Banking in Vanuatu is governed by the Banking Regulation, which provides for two types of licenses, namely resident and non-resident. A non-resident license allows the bank to carry on a banking business outside Vanuatu. Non-resident banks are restricted from advertising or soliciting funds from the general public, but here again a subsidiary finance company may be established which in turn can solicit funds and advertise. The minimum capital requirement of a non-resident bank is USD $150,000 or equivalent in any major currency. Applications can be processed within 6-8 weeks.

Vanuatu is a tax haven, and commercial activities in the country have been greatly influenced by this status. An extremely active financial center, it is engaged in the administration and management of offshore companies, trusts and banks. The Finance "Center Association" encompasses the extensive business and financial facilities available in Vanuatu resulting from its "pure" tax haven status; pure, because for both residents and non-residents there are no personal or corporate income taxes, no estate or gift duties, no capital gains taxes, no exchange controls, and extensive secrecy provisions.

Your Own Bank
The Affordable Luxuries
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Your Own Bank
Live Another Life

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Services, in both local and foreign currencies, include Commercial / Executive Check Accounts
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.

  • Market insurance services
  • Conduct trading in foreign currencies
  • Offer credit reports
  • Advertise worldwide
  • Issue certificates of deposit
  • Take deposits
  • Issue your own major credit cards
  • Set up your own banking instruments
  • Issue your own bank references
  • solicit funds from the general public
  • Write your own credit ratings
  • Write your own bank references
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  • Open Margin Accounts
  • Give loans
  • Issue guarantees
  • Issue bonds
  • Letters of credit
  • Issue letters of recommendation etc.
  • Financial instruments
  • Offer leasing services
  • Offer payment services
  • Issue checks and credit cards
  • Offer safe custody services
  • Debt collecting services

All For Only US$9,500
Currency Rates?
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Directors: An international banking corporation must have at least one director and a director need not to be a natural person.

Taxation: The banking corporation is exempted form the payment of all taxes for a period of fifty (50) years

The income, profits, gains and other revenues and the funds and securities of an exempt corporation are exempt from exchange control regulations unless the exempt corporation is a resident.

Confidentiality

Under the legislation it is a criminal offense to disclose any information pertaining to the affairs or transaction of client of a bank. Disclosure of confidential information can only be made by a court order arising from an authorized investigation.

An offshore bank is not subject to any reserve requirements as specified under the Banking Act which regulates the operation of local banks

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.

Nauru; The Bullet Proof Jurisdiction
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Your Own Bank; Live Another Life
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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.

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.

Your Own Bank;
The Money Machine

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Nauru; A Paradise On The Earth
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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.

VIP Package:

For one payment US$15,900 Petro Funds International will provide the following:

  • Preparation and filing of Your Banking License (Charter) with the Registrar of Companies to create and incorporate your Vanuatu bank.
  • Appointment and payment of a registered agent and registered office in Vanuatu for one year for your banking operation.
  • Appointment and payment of two (2) Officers/Directors to serve as Nominees for the Bank for one year.
  • Preparation of the initial Minutes, filing of the Notice of Registered Office, and issuance of Share Certificates.
  • Opening of a corporate local bank account and stock brokerage account in Vanuatu.
  • Visa And MasterCard application to issue your own Credit Cards.
  • Application for a clearing bank and (3) correspondent banks (London, Zurich and Hong Kong).
  • The bank will be formed within 4 to 6 weeks of receipt of the fee and a completed Confidential Client Information Form.
Your Own Bank
Your Peace Of Mind
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Vanuatu; The One And Only
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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 a bank formation, registration of a company 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 Funds International 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 a 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 Vanuatu. 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 Vanuatu 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. email_anim_nice

Please feel free to contact Petro International Group if you believe the formation of YOUR OWN BANK in Vanuatu may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.
Selling Your Bank?
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The World Of Petro Funds

There is only one Petro Funds. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor.

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