bullet proof offshore structure

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2/18/13 bullet proof offshore structure www.offshoresimple.com/bpos.htm 1/4 Offshore Companies Offshore Banking Offshore Packages Merchant Accounts Virtual Office Trusts & Foundations Yachts and Cars Offshore World Resellers TRANSLATE THIS PAGE Leave us a message All Major Cards Accepted Professional offshore incorporations and offshore banking services since 1996 Tax Proof Offshore Structure: Allow yourself 3 minutes to read this material, to find out about one of the best and modern offshore structures available today. Others may charge you up to $150 to give you this information ! We give it to you FOR FREE. It is about a complete offshore package to protect your privacy, and allow you to bank and invest offshore (tax-free). This package is suitable even for US, Canadian and European customers, and we call it Tax Proof Offshore Structure (TPOS) The structure is a dual entity structure consisting of a Panama Private Interest Foundation holding ownership of an International Business Corporation (IBC). We recommend the dual entity structure because it provides the utmost in asset protection, anonymity, privacy, and convenience. The corporation holds all major assets, such as bank accounts, brokerage accounts, real estate, etc. and the foundation acts as a holding company to the corporation. To understand the entire role of the foundation within this structure, you first have to understand the composition of the foundation. The Private Interest Foundation has four main parts: Founder: The founder is the person or entity that forms the foundation in the public registry. Our firm generally provides a nominee founder, and provides you with a pre-signed, undated letter of resignation from the founder immediately upon incorporation of the foundation. At that point, the founder holds no control. Foundation Council: The council serves the same function to the foundation as directors do to a corporation. The council's names and passport numbers are registered in the public registry when the foundation is incorporated. For protecting the privacy of our clients, we generally provide a nominee council, and provide pre-signed, undated letters of resignation from the nominee council. At that point, the council holds

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Page 1: Bullet Proof Offshore Structure

2/18/13 bullet proof offshore structure

www.offshoresimple.com/bpos.htm 1/4

Offshore Companies

Offshore Banking

Offshore Packages

Merchant Accounts

Virtual Office

Trusts & Foundations

Yachts and Cars

Offshore World

Resellers

TRANSLATE THIS PAGE

Leave us a message

All Major Cards Accepted

Professional offshore incorporationsand offshore banking services since

1996

Tax Proof Offshore Structure:

Allow yourself 3 minutes to read this material, to find out about one of the best and modern offshore structuresavailable today.

Others may charge you up to $150 to give you thisinformation !

We give it to you FOR FREE.

It is about a complete offshore package to protect your privacy, andallow you to bank and invest offshore (tax-free).This package is suitable even for US, Canadian and Europeancustomers, and we call it Tax Proof Offshore Structure (TPOS)

The structure is a dual entity structure consisting of a PanamaPrivate Interest Foundation holding ownership of an InternationalBusiness Corporation (IBC).

We recommend the dual entity structure because it provides theutmost in asset protection, anonymity, privacy, and convenience.The corporation holds all major assets, such as bank accounts,brokerage accounts, real estate, etc. and the foundation acts as aholding company to the corporation.

To understand the entire role of the foundation within this structure,you first have to understand the composition of the foundation. ThePrivate Interest Foundation has four main parts:

Founder: The founder is the person or entity that forms thefoundation in the public registry. Our firm generally provides anominee founder, and provides you with a pre-signed, undated letterof resignation from the founder immediately upon incorporation of thefoundation. At that point, the founder holds no control.

Foundation Council: The council serves the same function to thefoundation as directors do to a corporation. The council's names andpassport numbers are registered in the public registry when thefoundation is incorporated.For protecting the privacy of our clients, we generally provide anominee council, and provide pre-signed, undated letters ofresignation from the nominee council. At that point, the council holds

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no control.

Protector: The Protector is the ultimate controller of the Foundation.Immediately upon incorporation of the foundation, the councilappoints a Protector, through a notarized Private ProtectorateDocument. Since the document is a private, non-publicly registereddocument, the Protector remains 100% anonymous. From that pointon, the Protector has full control over the foundation and all of itsassets.

Beneficiaries: The Beneficiaries are appointed through a PrivateLetter ofWishes, which is written by the Protector. The letter of wishes is aprivate document, so the beneficiaries remain 100% anonymous. Theletter of wishes can be changed or modified at any time by theProtector only.

The foundation is established to serve four primary purposes:

1. Serve as a holding entity for the Corporation: Using thefoundation, you can avoid the use of bearer shares, or shares issuedto your personal name. The foundation can be named as the share holder on the sharecertificates of your corporation. You control the foundationanonymously through a Private Protectorate role. As Protector, youappoint the beneficiaries through a private letter of wishes (or a moreformal set of foundation By-Laws). Since both the Protector and theBeneficiaries are both appointed through non-public (private)documents, they remain 100% anonymous and confidential.

2. Serve as beneficial owner when opening financial accounts:Today, due to the global scare of terrorism, etc. most offshore taxhaven jurisdictions have implemented laws that require their banks toobtain "declarations of beneficial ownership" when establishingcorporate bank accounts. Keep in mind that in most offshorejurisdictions, such as Panama, the banks arerequired to maintain this information under strict confidentiality underthe bank secrecy laws that are strictly enforced. However, if you donot wish to sign the declaration as the beneficial owner whenestablishing your corporate accounts, the foundation can serve asthe beneficial owner for these declaration purposes, and the nomineefoundation council can sign the declarations on behalf of thefoundation.

3. Serve as a testamentary vehicle for distribution of yourassets to your heirs: Under Panamanian laws, a Foundations assetsare "non-embargable", and "non-sequesterable", meaning that no onemay freeze the assets under any circumstances - providing theultimate asset protection vehicle. The Panama Private InterestFoundation is specifically designed to cherish, protect, and distributeyour assets to your beneficiaries upon a triggering event, such asyour death or incapacity. Your foundations letter of wishes, writtenby the Protector, will serve as its "living will", detailing thefoundations assets, list of beneficiaries, and how and when thoseassets are to be distributed to the beneficiaries. Since the inheritanceis coming from outside of the beneficiary's domestic country, theinherited assets are not subject to any of the standard taxes and

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legal procedures. Through the foundation, your heirs will receive theirinheritance free of probate, gift taxes, estate taxes, inheritancetaxes, or legal delays.

4. Serve as a vehicle to facilitate the transference of fundsoffshore, and the repatriation of those funds back onshore: Sincethe foundation is a charitable entity, it may receive donations, and itmay give donations/grants, etc. to anyone you choose. Hence, youcan donate your funds to the foundation. In turn, the foundation canprovide educational grants, charitable donations, etc. to anyone youchoose.

The complete offshore structure, is only US$ 3,999

This is what the Tax Proof Offshore Structure (TPOS) includes:

Panama Private Interest Foundation- Original Foundation Charter in Spanish, registered in the publicregistry.- Official English translation of Foundation Charter.- Nominee Foundation Council (optional) with pre-signed, undatedletters ofresignation, notarized.- Private Protectorate Document, notarized.- General Power of Attorney, notarized and apostle.- Foundation Letter of Wishes.

Panama International Business Corporation- Original Articles of Incorporation in Spanish, registered in the publicregistry.- Official English translation of the Articles of Incorporation.- Nominee Directors with pre-signed, undated letters of resignation,notarized.- First meeting of the board of directors, whereby the nomineesubscribersrenounce their rights to one share each, and 100% of the companyshares are issued.- Company Share Certificate issued to the name of your foundation(or to the Bearer).- General Power of Attorney, notarized and apostilled.

Corporate Bank Account (for the IBC)- Established through our correspondent bank in Northern Europe orBelize.- Debit cards are available.- Secured credit cards are available.- Online banking is available.- Multi-currency accounts.

General Manager Agreement- Agreement between yourself and your corporation (or foundation),documenting your role as General Manager (not a director, just amanager).

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- Enables you to receive a salary and/or commissions from offshore,and justifies your income.- Justify yourself as signatory on the company accounts, as well asusingthe company debit card and checkbook for business expenses, etc.

Mail Forwarding Service- Corporate PO Box in Panama to receive post mail for your entities.- Physical address in Panama to receive courier packages for yourentities.- Forwarding service via post mail, courier, fax, or scanned emailattachment.

Courier Fee Included- We will send your documents via 3 day guaranteed courier service.- We will email you the air bill number so you can track your packageonline.

Annual renewal fee: US$2000, includes:- Resident agent for foundation and corporation- Registered office for foundation and corporation- Nominee directors for foundation and corporation- Mail Forwarding Service for foundation and corporation

To summarize, for only US$3,999 you are receiving all of the following:

* Panama Foundation* Panama Corporation* 1 Corporate Bank Account * General Manager Agreement* Mail Forwarding Service (from Panama)

Package is delivered within 10 business days from the date paymenthas cleared in our bank account. Once the client receives thepackage, the client signs the account applications and returns themto us along with a notarized photocopy of passport. When we receive the passport and signed account applications, weforward them to the bank for the account opening.

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