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To | LLOYD'S FUNDS |
Jurisdiction : Barbados |
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It may surprise you to learn that the NUMBER ONE reason for people moving money offshore is NOT because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind.
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Only $199 |
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Where Is Barbados?
Barbados is the most eastern island in the Caribbean, and is a tiny dot on most world maps with an area of 430 square kilometers.
An Island of Unspoiled charm and Sophistication. A People - A Culture - History, Art and Architecture: Alive with possibilities, as boundless as the turquoise sea, endless as the sandy shore. Wake up to the rhythm of the tropics and paradise to explore The island abounds with exotic locations and exciting history. The extensive variety of culture, sports and activities make Barbados the pearl of the Caribbean island world. Barbados has a well developed standard of living, education, medical care and transportation. The people are friendly and the climate warm year-round. And the swing, the rhythm, the music always fill the pleasant tropical air. From the sun drenched beaches lapped by the gentle Caribbean surf on the west to the rugged coastline of the east, Barbados seduces its visitors embracing them with a warmth second only to that of its tropical climate. Here, British traditions die hard. Afternoon tea and dressing for dinner are commonplace and cricket is an absolute passion. Yet the atmosphere is relaxed and the Bajans welcoming. In short, Barbados is fun. Long on tradition, short on time-keeping but one of the all time Caribbean greats. Why Barbados? Barbados has become well known in international business circles as a low tax treaty-based jurisdiction with a well-regulated and sophisticated environment. For many years, Barbados has enjoyed the reputation as an effective international business center in which to conduct business, and meets the following criteria:
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Heaven's Tax Haven 
Your Offshore Company;
Bermuda;
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There are currently over 9,800 IBC operating in Barbados, attracted here because of legislation that provides tax incentives and benefits, and because of the excellent financial services and infrastructure of the island. Barbados opened its doors to IBC as early as 1965, when it first enacted enabling legislation providing tax incentives to offshore companies. The legislation was replaced with the International Business Act, in 1991.
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Some of the provisions of the Act are:
Qualifications as an IBC To qualify as an IBC, a company cannot be owned by a resident of Barbados and may not trade goods or services in Barbados or the Caricom Area. Tax Incentives.
| Bullet Proof Jurisdiction 
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| Type of Company | IBC |
| Political Stability | Excellent |
| Common or Civil Law | Common |
| Disclosure of Beneficial Owner | No |
| Migration of Domicile Permitted | Yes |
| Tax on Offshore Profits | Nil |
| Language of Name | Latin Alphabet |
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| Minimum Number of Shareholders | One |
| Minimum Number of Directors | One |
| Bearer Shares Allowed | Yes |
| Corporate Directors Permitted | Yes |
| Company Secretary Required | Yes |
| Standard Authorized Share Capital | US$ 50,000 |
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| Registered Office/Agent | Yes |
| Company Secretary | No |
| Local Directors | No |
| Local Meetings | No |
| Government Register of Directors | No |
| Government Register of Shareholders | No |
| Annual Return | No |
| Submit Accounts | No |
| Minimum Annual Tax/License Fee | US$ 300 |
| Annual Return Filing Fee | $US 100 |
Mailing, Fax, Telephone And Office Facilities:
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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 Lloyd's 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 Lloyd's 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. |
Your Offshore Company;
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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. |
Your Offshore Company
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Other Services:
Lloyd's 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 Lloyd's Funds will provide the following:
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Your Offshore Company
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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. Lloyd's Funds 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.
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We trust that we have clarified the intriguing world of Barbados Tax Exempt Company advantages. 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 Barbados or wish to discuss any matter in complete confidence, please click here
to contact: | Your Peace Of Mind 
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| 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 Lloyd's Funds if you believe the formation of a Barbados Offshore 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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Lloyd's 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.
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There is only one Lloyd's Funds. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. |  |
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