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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| From Petro Funds News Desk |
Only US$199 |
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About Jersey
Jersey, covering 45 square miles, offers a great climate, Gaelic style, French flavor but everyone speaks English! These are just a few of many reasons the Island of Jersey is attractive for offshore investors. Jersey has more great restaurants, award-winning museums and beautifully restored historical sites per square mile than anywhere else. The climate being much warmer and sunnier than mainland Britain allows visitors to take advantage of an abundance of outdoor activities including, hiking, biking, horseback riding, sailing, fishing, windsurfing, bird-watching and golfing. Jersey has over 50 miles of beautiful coastline. Golden sweeps of sand fringe each coast, except the north, where small harbors nestle amongst the dramatic cliffs. Secluded beaches for relaxing, beaches with water-sports and cafes, and rocky coves to explore. For the year 2000, 7 beaches have been awarded the Marine Conservation Society's highest award for water cleanliness; Beauport, Archirondel, Portelet, St.Brelade's Bay, Le Braye (St Ouen's), Water-splash (St Ouen's) and Greve de Lecq. | 
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Jersey The Prime Offshore Jurisdiction
Generally, with the exception of customs duties and judicial stamp duties, the only taxation levied in Jersey is exempt tax and income tax. There are no capital taxes. Companies incorporated in Jersey may fall into any one of the following tax categories:
Facts about Jersey:
Disclosures Information regarding the beneficial owner must also be submitted, but is not disclosed outside the Commission. There must be at least two directors for a public company (one for a private company) who must be individuals but may be of any nationality. A company secretary must also be appointed. The share capital of a company may be of any amount in any currency but bearer shares are not permitted. The minimum number of shareholders is two of any lity. Ready-made "shelf" companies are not available, but in 1994 fast track incorporations introduced, allowing formation of a Jersey company in less than two hours. Exempt companies Under Jersey law, an exempt company pays income 'tax only on Jersey-source income other than interest arising from Jersey bank and building society deposits (no tax on income arising outside the island). An exempt company is not considered a resident in Jersey and residents of Jersey can have no ownership interest in the company. However, locally resident nominees or trustees acting in those capacities for the benefit of non-residents may hold shares in an exempt company. IBCs An IBC is taxed on profits international operations depending on the level of profit. IBCs are not allowed to made locally. Despite being owned by a on-resident, an IBC, unlike an exempt company, is resident in Jersey for tax purposes (except in the case of local branches of overseas companies) but pays Jersey income tax at substantially reduced rates. IBCs are of also of particular use for companies which have international operations as they provide a tax efficient structure for a range of off- shore activities such as import/export, international finance and also insurance business. They are quite regularly used in connection with double taxation agreements with other countries which require that traders pay a certain amount of tax in their jurisdiction. | Out Of This World 
Your Offshore Company
Your Offshore Company
Your Offshore Company
Your Offshore Company
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Jersey Advantages
Jersey is not just a major offshore financial center, it is one of the world's premier financial centers. Jersey's financial services industry boasts a top- tier client list served by a highly educated and affluent workforce. For the international investor, Jersey's advantages include:
| The Bullet Proof Jurisdiction 
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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 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 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. |
Cheers!!! 
Go Offshore And
Jersey;
Your Offshore Company,
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Other Services:
Petro 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 Petro Funds will provide the following:
| Far...Far From Creditors 
Jersey;
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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. Petro 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 Jersey Tax Exempt Company's 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 Jersey or wish to discuss any matter in complete confidence, please click here
to contact: | Results!!! 
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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 Petro Funds if you believe the formation of a Jersey Tax Exempt 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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Petro 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.
 | 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 International 
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