Offshore Company Formations/Banking Bahamas

We have formed offshore International Business Companies in the Bahamas and Anguilla since 1990. We formed over 1,030 Bahamian companies and over 350 Anguilla companies. We are overseas agents for Anguilla registrar since 2001.

Avoid the problems that UBS’ U.S. clients had in 2008. Learn some compliance.

If you are an American taxpayer going offshore today you had better understand the US tax law and the IRS compliance required. You can still legally avoid plenty of taxes, but you need to structure yourself and file the right disclosure to avoid complications. Review this link carefully, and contact us with questions at taxman@batelenet.bs or 1 242 327 7359 (Nassau, Bahamas).

Passive Foreign Investment Companies (called PFICs and QEFs by the tax code) do not have to file US income tax returns.

PFICs are not subject to IRS audits so study this link before you incorporate anywhere with anyone.

PFICs cannot have an office inside the United States and cannot do business within the United States. PFICs/QEFs can trade the US stock markets through their stock brokers and not owe any US short term or long term capital gains taxes.

Mitt Romney filed Form 8621 for 10 QEFs in 2010. Bain Capital ($70 Billion AUM) has over 138 PFICs in the Cayman Islands. PFICs are the vehicle of choice for the savvy trader/investor.

PFICs can be used by Americans for other activities, including receiving management/consulting fees offshore TAX FREE. Contact us.

 

Cost for Bahamian company with banking introduction, application forms, etc., at the very best bank here in the Bahamas is $2,500. Annual fee thereafter is $1,350.

Cost  for Anguilla company with banking in the Bahamas is $2,100 Annual renewal fees is $1,200.

We provide complete company formation package including;

  • Certificate of Incorporation
  • Company by-laws for company
  • Articles of incorporation for company
  • Subscriber minutes
  • Director minutes
  • Shareholder register
  • Registered agents and office (in Anguilla and Bahamas)
  • Overnight UPS/Fed Ex of documents anywhere
  • Banking application forms and introduction to bank officers at the top bank in Nassau that offers online banking, credit cards, etc.

Complete Anonymity

  • No Corporate Income Tax
  • No Personal Income Tax
  • Stockholders are Not Public Record
  • No Tax On Corporate Shares
  • Low Annual Fee
  • Directors not a matter of public record (except in Bahamas)
  • No Estate, gift or withholding taxes
CONFIDENTIALITY NOTICE
This message from New Providence Estate Planners Ltd. Is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review use disclosure or distribution is prohibited. If you are not the intended recipient please contact the sender by reply email and destroy all copies of the original message.
IRS CIRCULAR 230 DISCLOSURE
To the extent this document constitutes tax advice subject to Circular 230 this tax advice was not intended or written to be used and it cannot be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer. (The foregoing legend has been affixed pursuant to U.S. Treasury Regulations governing tax practice).
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About New Providence

Overseas agent - Anguilla registrar (since 2001) Company Formations/Trusts New Providence Estate Planners, Ltd. (since 1995) 54 Sandyport Drive P.O. Box CB 11552 Nassau Bahamas 1 242 327 7359 Fax/phone: (242) 327-7359 E-mail: taxman@batelnet.bs www.bahamasbahamas.com http://seekingalpha.com/user/7226491/profile Need good advice for your international operations? Hire us. Need planning that really works to fend off the IRS? I have 23 years experience. We form offshore company and foreign trusts. Over 1,330 offshore companies since 1995. We can win with FATCA, because we know US Tax Code.
This entry was posted in bahamas, capital gains taxes, companies, financial, formation, tax, tax avoidance, tax planning, Uncategorized and tagged , , , , , , , , . Bookmark the permalink.

5 Responses to Offshore Company Formations/Banking Bahamas

  1. Pingback: Offshore passive foreign investment companies (called PFICs and QEFs by IRS) don’t have to file income tax returns. See the attraction? Since 1990 we’ve formed over 1,030 Bahamian companies, and we can arrange banking with Nassau’s top bank. | $

  2. Johnd142 says:

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  3. Pingback: OFFSHORE PRIVATE EQUITY COMPANIES: How to file new IRS Form 8621 for a Qualified Electing Fund or Passive Foreign Investment Company – It’s mandatory for tax years 2014 and beyond. | $1.2 trillion dollars on deposit in Cayman Banks – up

  4. Goldman Sachs (Cayman) Trust Limited does not publish their Cayman email address and probably won’t take an account under $20 million, but they are in the Caymans and almost all the other tax havens too. Avoiding US CG taxes with PFICs and QEFs is the biggest tax break for them too IMO.
    http://caymanyp.com/Cayman-Islands/State-Street-Cayman-Trust-Ltd/profile

  5. Pingback: OFFSHORE PRIVATE EQUITY COMPANIES: How to file new IRS Form 8621 for a Qualified Electing Fund or Passive Foreign Investment Company – It’s mandatory for tax years 2014 and beyond. | $1.2 trillion dollars on deposit in Cayman Banks – up

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