Powered by Bravenet Bravenet Blog

Tag Board

This tag board is currently empty.

Please type in the four characters shown in the black box.

Saturday, October 9th 2010

1:52 AM

Learn how an offshore company can protect your privacy?

Creating an offshore company by which to
run your business can be an terrific
approach to increase
gains and
also grow your business more
quickly. For a long time businesses
as well as people
have stationed their head office in states as well as international locations that provide
them economic advantages that their
own geographic area fails to deliver.

In the usa a large
number of companies
are created in the State of Nevada to prevent the higher tax rates within
the neighboring state of California. The thought of offshore companies just
isn't new, along with the world wide web making the globe smaller every day
it is becoming much easier to enjoy the advantages of an offshore company, even though you aren't a huge multi-national firm.

Constructing an offshore company is not tough
and this eBook definitely will outline the
extensive benefits an offshore company could possibly give you and
will detail the best
way to set up your own personal offshore
company effortlessly.

Take 7 minutes out of your day to
read through this specific eBook and then
decide whether or not an offshore company is for you and your business. If it
is, we will show you exactly what you can do to set up an offshore company
and begin increasing your profits by lowering
your overheads. If it isn't for you
currently then
simply continue on with your day knowing that in the future this may be a
possibility.

What exactly is An Offshore Company?

For a long time the
rich have done business in places that welcome their
funds (and that don't take it away through abnormal
taxes). These days it is incredibly
easy to operate a business in your local jurisdiction through a company that is
incorporated in a separate jurisdiction.

A powerful offshore company is merely a company that's incorporated outside the region
or jurisdiction in which it primarily operates. An example of an offshore company would have been a company that is incorporated in Canada nevertheless
functions primarily in
the US.

www.cclogic.com
-77 strovolou avenue ● strovolos center, off. 204 ● 2018 Strovolos ● NIcosia,
Cyprus -357 22 589361 ● sales@cclogic.com ● cclogic.com ● skype: cclogIC ● Reg.
no. 235593 - CCLOgic Limited


Do you know the Benefits Associated with Having An Offshore Company?

You will find three main
advantages of having an offshore company:

1. Taxation Rewards

The nation in which your business largely
works may not necessarily be the best
country for your business to be incorporated in. A lot
of offshore jurisdictions can present you with legal tax benefits that can reduce
your tax bill by 50 percent or
perhaps reduce it to almost
nothing! Remember that I said Lawful tax rewards.

Frequently when people hear of
offshore companies they think about illegitimate tax evasion. However
offshore companies have been used for hundreds of years to minimise tax legally.

Think about what you would be able to do in the event you reduce your tax bill by 50 %, or maybe decreased
it entirely. You may could grow the business more quickly, maybe you could invest in
property, maybe you could hire more employees to keep up with
demands, maybe you could fire some of your clients and earn the same
profit with less work?
Reducing your taxes
can do miracles for your online business. It's no wonder that
smart companies are incorporating in tax favourable nations
like Cyprus. In a moment I am going to show you how incorporating in Cyprus
could help your business and how you can do it quickly and easily with no hassle
or stress..
2. Asset Protection
By incorporating your company in an offshore jurisdiction and by using the
correct legal structures you can help protect your assets from law suits and
from people trying to get at your hard earned money.

After all, it would be a shame to create a profitable empire only to have it
taken away from you in a lawsuit.

3. Privacy Protection

Some business owners prefer to operate their businesses in private. An
offshore company, complete with nominee directors and shareholders can offer you
complete control of your business while remaining completely anonymous.



Want to read the whole Offshore Company eBook?
please download it for free here:
Offshore Company eBook, learn how an offshore company can protect your assets.


0 Comment(s) / Post Comment

Sunday, September 5th 2010

4:47 AM

Seychelles International Trust for Tax and Asset Management- learn how to setup!

Seychelles International Trust for Tax and Asset Management- learn how to setup!

The primary benefits of the Seychelles International Trust are in terms of the opportunities it offers by way of Tax minimisation, Financial Planning, Succession planning and Financial Privacy. The law also contains strong asset protection provisions.

Neither the name of the person establishing the Trust nor the persons who are to benefit from the Trust are disclosed to the Registry. Upon registration the Registrar simply issues a sealed letter confirming registration and specifying the name and registration number of the Trust.

The Seychelles International Trust also has significant appeal as a holding vehicle wherein it is deployed to hold shares in an IBC as this can enable the would be beneficiaries to defer or avoid tax on the profits of the IBC for an indefinite period.

Features & Benefits of Seychelles International Trusts

Other features of Seychelles Trusts include:

* A Seychelles Trust pays no taxes in Seychelles on its foreign income
* A copy of the Trust Deed is not required to be filed with the Registry
* A Seychelles International Trust can own property anywhere (except for land in Seychelles; though it can own shares and/or maintain bank accounts here)
* The Settlors or Trustees can themselves be Beneficiaries of the Trust
* The Settlor can choose whatever country's laws he prefers as the laws by which the Trust is to be governed
* Someone resident outside Seychelles may be appointed as a co-Trustee
* There is no requirement to mention the names of the Settlor or the final Beneficiaries in the Trust Deed
* The transfer of Property to a Seychelles Trust cannot be overturned by any foreign laws as to forced heirship
* A Seychelles International Trust cannot be voided by reason of a Settlor becoming bankrupt.
* The only way that a Settlor's creditors can attack a Seychelles Trust is by commencing legal action against the Trustee in the Seychelles Supreme Court seeking to have the Trust declared a sham.
* Any legal action to claw back assets transferred to a trust, must be brought within two years of the date of transfer of the disputed asset to the Trust.

Settlor's "wishes"
Whilst the Trustees administer the trust at their discretion, a Letter or Expression of "Wishes" is commonly provided by the Settlor, setting out his or her wishes in relation to administration of the trust, including with respect to o distributions, timing of distributions, deletion or substitution of beneficiaries and etc. Though not bound by the Expression of wishes the Settlor's wishes are commonly respected so as to ensure that the legal integrity of the Trust (in terms of its aim to assist the proposed beneficiaries) is maintained.

Asset Protection Provisions
The Seychelles International Trusts Act 1994 ("the Act") provides:

* "that notwithstanding any foreign laws, an international trust shall not be void by reason of the settlor's bankruptcy or liquidation of the settlor's property or in any legal action against the settlor by the settlor's creditors (except where the Seychelles Supreme Court finds beyond reasonable doubt that the trust was made with the intent to defraud creditors of the settlor or the settlor was insolvent at the time when the property was vested in the trustee. The onus of proof as to intent to defraud rests on the creditor claimant)" &
* "that a legal claim by a creditor shall not be permitted against a trustee of an international trust after 2 years from the date of transfer of assets into the trust. "
* This affords a would be legal claimant a very narrow opportunity to "attack" a Seychelles trust. In addition to the 2 year legal claim limit period, a claimant creditor ALSO has to prove his or her case "beyond reasonable doubt" (Which is higher than the usual civil onus of "on the balance of probabilities").
* Confidentiality
* Although a Seychelles International Trust is "registered" and a registration number allocated, the Trust Deed does not have to be filed with the Registry.
* There is no requirement to file with the Registry details of the Settlor or the beneficiaries (except for any beneficiaries who are Seychellois nationals)
* No information or document relating to an international trust can be made public, except by order of the Seychelles Supreme Court on application made by the Seychelles Attorney General and then only for the purpose of an inquiry into or trial relating to drug trafficking, arms trafficking or money laundering.
* Forced heirship
* Seychelles has strong anti-forced heirship provisions with regard to trusts. Neither an international trust nor any transfer or disposition of property to the trust can be invalidated by any foreign rule of forced heirship, nor because the trust concept is unknown to or not admitted by the laws of the foreign jurisdiction

Yes it makes sense from both a tax planning and asset protection perspective to have a PIF or Trust owing the shares of an IBC. Particularly the Foundation is a useful structure as the law here makes it plain that the owner of assets held by the Foundation is the Foundation not the beneficiaries thereof. That presents huge tax planning opportunities. See attached brochures which may be of use.

International Trust - Seychelles

Seychelles International Trust for Tax and Asset Management- learn how to setup! Grow Your Wealth Faster With A Cyprus Holding Company -
0 Comment(s) / Post Comment

Thursday, September 2nd 2010

1:08 AM

Forex Tradin Investing Mistakes to Avoid, you shall win not loose!

Free Online Forex Course

This might be of interest to anyone looking to make a second income trading Forex online there is a special online 5 day FREE forex course.These forex courses normally sell for thousands so it is great chance to learn how to currency trade for free . The trading strategy they teach is an end of day forex trading strategy meaning that once you attend the free courses it only takes 15 minutes in the evening to trade.
This will be a hugely informative course. It is suited to both beginners and advanced trading levels.This is not a get rich quick scheme but during the week you will learn everything you need to know to become a successful forex trader. If you cant make this they will let you know about upcoming forex courses when you sign up for updates.

The training company have also tied up a a deal with a leading spread betting company who will give people a free 120 dollars when they open an account and start actually trading with their new skills.The spread betting company is happy to do this as people who undergo good training are more likely to remain as customers. It costs the spread betting company much more to get new clients than 120 euros so they are satisfied with the deal.Please note the two companies are different.One simply trains.The other is for the actual trading and is a leading financially regulated company.You are under no obligation to use the trading company after your free course.But should you wish you can benefit from the free cash towards your trading.Full details are given to attendees of the Free 5 day course.
Free Online Forex course

Investing Mistakes to Avoid
Along the way, you may make a few investing mistakes, however there are big mistakes that you absolutely must avoid if you are to be a successful investor. For instance, the biggest investing mistake that you could ever make is to not invest at all, or to put off investing until later. Make your money work for you - even if all you can spare is $20 a week to invest!

While not investing at all or putting off investing until later are big mistakes, investing before you are in the financial position to do so is another big mistake. Get your current financial situation in order first, and then start investing. Get your credit cleaned up, pay off high interest loans and credit cards, and put at least three months of living expenses in savings. Once this is done, you are ready to start letting your money work for you.
Investing Mistakes to Avoid

Choosing the right Forex Broker
Depending on the type of investing that you plan to do, you may need to hire a broker to handle your investments for you. Brokers work for brokerage houses and have the ability to buy and sell stock on the stock exchange. You may wonder if you really need a broker. The answer is yes. If you intend to buy or sell stocks on the stock exchange, you must have a broker.

Stockbrokers are required to pass two different tests in order to obtain their license. These tests are very difficult, and most brokers have a background in business or finance, with a Bachelors or Masters Degree.

It is very important to understand the difference between a broker and a stock market analyst. An analyst literally analyzes the stock market, and predicts what it will or will not do, or how specific stocks will perform. A stock broker is only there to follow your instructions to either buy or sell stock… not to analyze stocks.
Choosing the right Forex Broker


0 Comment(s) / Post Comment

Thursday, August 26th 2010

12:34 AM

CCLOGIC.COM what's needed to open a Cyprus Bank Account for companies

Everyday we have a lot of demands coming from companies and businesses worldwide to open company bank accounts in Cyprus using the major banking institutions there.

Definitely it's not hard to open a corporate and business bank account in Cyprus with banks just like Bank of Cyprus, USB Bank or every other Cyprus bank, however it will need your attention in the collection of the mandatory paperwork!

We have produced a detailed list Cyprus Bank Account requirements of the requirements along with necessary paperwork to assist you open a company bank account using the major banks in Cyprus as quickly as possible, virtually all merely copy the requirements to their offshore company incorporation service and request them all in one package helping to make the entire process simple to achieve.

The main issue we frequently notice when new clients which don't incorporated their company through CCLOGIC .COM for unkown reasons, is, the lack of knowledge of what's needed, and never to forget about that most simply not have the essential docs whilst these were by no means given by the offshore incorporation agent they used for the company incorporation. Quite often there are costs concerned to request the additional paperwork needed from the current agent that we understand may appear as an big surprise for many, sometimes the nominee services provided by the offshore company incorporation agent (if nominees are used) is not going to agree to provide the essential papers like passport copy, utility bill as well as reference letter that will halt the whole process.

When you think about to open a corporate Cyprus bank account it's important that you clear every point together with your existing offshore incorporation service prior to applying for the account and before making the payment, it is rather time consuming to collect each document 1 by 1 and also disappointing if your existing agent fails whatsoever to deliver.

To make sure that you possibly can open a Cyprus bank account for the business, we have as mentioned above outlined in details exactly what needs there are, you'll find it at link Cyprus Bank Account requirements

Sadly the reason for the lack of documents is the fee many pay for the incorporation, daily we have requests on our services and many say we are too expensive and they turn to the competition for the offshore company incorporation just to come back later for the bank account opening and then we are where all troubles start, in 99% of all cases the client has to go back and pay twice the amount that we had charged initially to get all documents required, they get frustrated and sometimes even just incorporate a new offshore company directly with CCLOGIC.COM this incurs additional costs which could have been avoided if they have come to us from the beginning. We are very disappointed to see this happens and many times we try hard to help requesting the correct documents before the final decision is made to simply start from scratch and incorporate a new offshore company.

To get to the point, we want you to succeed in the opening of a corporate Cyprus Bank Account, and as a consequence we took the action to publish this article in a pleasant mind to assist potential new clients to avoid all the frustration and headache it may be to open a corporate Cyprus Bank Account when the necessary paperwork can't be supplied. Make sure you explore the following link before you apply. Cyprus Bank Account requirements

CCLOGIC.COM certain requirements to open a Cyprus Bank Account for companies The advantage of using CCLOGIC Ltd for your Internet Online Business Learn more
0 Comment(s) / Post Comment

Tuesday, August 24th 2010

7:31 AM

CCLOGIC.COM - The most crucial factors Incorporating a company in Cyprus

Due to the fact we consistently attempt to enhance our services along with information when it comes to the Incorporation of a Cyprus Company or other Offshore Company for instant in the Seychelles, then we went on this step to pin point probably the most important inquiries we get everyday from present and new clients.

Any time one commit to incorporate a Company in Cyprus for regular buying and selling it is important to find out that there are absolutely no requirements in regards to visit Cyprus nor our office, everything is accomplished online.

At this point many are uncertain of exactly what they have to supply of information along with docs in order to incorporate a Cyprus company, the answer is right below here:

-- copy of passport

- utility bill not older than three months

More on this topic can be found here: http://www.cclogic.com/faq/cyprus-company.html

I'm not a European union citizens can i incorporate a Cyprus company? That is once more one excellent query which also is relevant, the answer is, Indeed, you are able to incorporate a company in Cyprus regardless where on earth you live, there won't be restrictions at all.

Are you going to offer an address for my Cyprus company in Cyprus? Sure we will do that, and when compared with our rival which usually solely provide a P.O. Box address then we supply a authentic address where we are able to receive mail for your company and forward it to you. Many charge extra for this while we don't.

Cyprus Banking:

Can it be necessary to visit the bank in Cyprus to open a bank account? This particular is one of the many queries we receive by many in terms of the opening of a bank account in Cyprus, the answer is, NO, it is not required to visit the bank nor Cyprus everything is handled online.

However, we have collected some of the many questions in our Cyprus Bank Account FAQ which can be found here : http://www.cclogic.com/faq/faq-cyprus-bank-account.html

What are the requirements to open a Bank Account in Cyprus? Another very common question, which we thought would be needful to give answers on right here:

1.Utility bill (phone or electricity bill) no older than 3 months.

2.A Copy of your current valid Passport (must not be expired)

3.Reference letter, which can be from a Lawyer, current Bank or certified accountants

4.Our Cyprus Bank Account application, which will be send to you once we receive your initial information through this form.

5.A CV from for the person which will be the account holder.

For Corporate / Business / Company bank accounts we will also need the following:

1.All corporate documents in English and Apostilled

2.Power of Attorney for the person that is opening the bank account

3.If the corporate documents are not in English, a official translated version needs to be provided.

4.Shareholder Certificate

5.A CV (& Business card if available) from the person that will be the account holder.

6.The banking application will need to be sent to our office in Cyprus by post mail or courier (Fedex, DHL etc.)

For companies which are older than 1 year we require a Certificate of Incumbency. For new companies we don't need that, however some banks will require a certificate of good standing for companies in certain jurisdictions.

Additional questions can be found on the FAQ link above relevant for Cyprus Bank Accounts.

The demand of forming a Forex Trading company in Cyprus is enormous and it is simply not possible for us to keep up with all the questions we get on our FAQ, we have published the most important information in regards to share capital, establishing fees and laws for a CIF license (Forex Trading license) on our website and as well in the FAQ which we update frequently.

The Forex Trading Company in Cyprus FAQ can be found here: http://www.cclogic.com/faq/forex-trading.html

Let it be explained already right now, it's not inexpensive to incorporate a Forex Trading company in Cyprus, you will discover substantial requirements in order to make this happen also it involves lots of share capital that actually is paid up, nevertheless, we have helped a lot of companies conducting Forex Trading, so we can help you if you feel we could be the right business partner for you.

Ready-Made / Shelf Companies / dormant companies do you have such available in Cyprus? Some of the many questions we get from clients who require a company right now because they are in the process to enter into some sort of investment, we have always at least 10 companies available which can be acquired by a client and that is ready to trade, we have even aged Companies available at present time from 2006/2007/2008/2009 please ask for a list. Also here applies, everyone can acquire a Cyprus dormant company online and regardless where they live.

Learn more about our Ready-Made Cyprus companies here http://www.cclogic.com/faq/ready-made-company.html

CCLOGIC.COM - The main things Incorporating a company in Cyprus The advantage of using CCLOGIC Ltd for your Internet Online Business Learn also
0 Comment(s) / Post Comment

Tuesday, August 24th 2010

7:31 AM

Welcome to your new Bravenet Blog.

  • Mood: Excited!
You can maintain your blog by logging in to your Bravenet account. Once you are logged in you can customize the layout, colors, and features. In addition, you can add your own links, edit your profile, add your friends, and change many other options to personalize your blog.

Once you begin using your blog, you can view statistics in your members area to see how many people are reading your blog as well as where they come from.

We hope you enjoy your Blog. Be sure to tell all your friends about this great new service from Bravenet!
0 Comment(s) / Post Comment