22.66 VENEZUELA

Find the contact names, addresses, numbers and information for local government offices, banks, accountants, company formation services, investment and management companies, advisors, experts, maildrops, real estate agents and other useful local contacts in the THE OFFSHORE MANUAL & DIRECTORY .

22.67 WESTERN SAMOA

Western Samoa is one of the better offshore jurisdictions which currently offer restricted offshore banking licenses. Unrestricted licenses are not obtainable by anybody other than existing banks and require a minimum paid-up capital of US$10 million. This will probably be unattractive to most applicants. Restricted licenses require a minimum paid-up capital of US$250,000 but the operations of the bank must be run through a local trust company. This does mean that an element of third party control and involvement in the affairs of the bank is required but this has the advantage that local expertise is readily available.
Costs for a restricted license is US$22,500 and the application time takes approximately one to three months to proceed.
(Courtesy of the Baltic Banking Group).

Find the contact names, addresses, numbers and information for local government offices, banks, accountants, company formation services, investment and management companies, advisors, experts, maildrops, real estate agents and other useful local contacts in the THE OFFSHORE MANUAL & DIRECTORY .

22.68 WYOMING, U. S. A.

Starting in the early 80's the U.S.A. was made into the largest tax and regulatory haven in the world for foreign nationals not resident in the U.S.A. Today a foreigner can buy the newly issued Reg. S stock of a U.S. company at a discount because the company does not have to register those shares with the Securities Exchange Commission (SEC) . Foreigners can sell those shares back into the U.S.A. forty days later without paying any tax on the trading profits to the U.S.A. government. They can open bank accounts or buy the debt instruments from the government and private borrowers and earn interest in the U.S. tax free.

Wyoming has been a leader in recognizing what is called a Limited Liability Company (LLC), which has memebrs rathers than shareholders, pays a US$120 annual tax and filing fee and is otherwise tax free if no business activity is carried on in the U.S., and most of its memoers are not U.S. citizens or residents and do not invest in U.S. companies.

The U.S.A. has numerous tax treaties. If more than US$10,000 is taken into or out of the U.S.A. - outside of normal banking channelse - a report must be files with the customs authorities.
The combination of double taxation treaties and the fact that foreign tax authorities do not generally consider the U.S.A. a tax haven can, in the right circumstances and with good tax planning, result in a very good overall tax - and profit! - situation.
(Courtesy of the Baltic Banking Group).

Find the contact names, addresses, numbers and information for local government offices, banks, accountants, company formation services, investment and management companies, advisors, experts, maildrops, real estate agents and other useful local contacts in the THE OFFSHORE MANUAL & DIRECTORY

22.69 VARIOUS OTHER TAX HAVENS & OFFSHORE FINANCIAL CENTERS

Find the contact names, addresses, numbers and information for local government offices, banks, accountants, company formation services, investment and management companies, advisors, experts, maildrops, real estate agents and other useful local contacts in the THE OFFSHORE MANUAL & DIRECTORY .