About us
Forex Resource
What is forex  
How does forex works
New to forex trading
Technical Analysis
Fundamental Analysis
Major Indicator
Forex vs Stocks Market
Forex Glossary
Contact us
Currency Converter

Informative Articles**

Buying Your Tax Haven Corporation

Buying Your Tax Haven Corporation
By William Cate
Published March 1998
[] []

Your purpose in buying your tax haven corporation determines your
incorporation and maintenance costs. You can buy a new car, without an
engine. It'll cost less than a new car that works to your satisfaction.

The most common reason that Americans buy a tax haven corporation
is to impress people. They want to park their new engineless car in their
driveway and have it admired by their friends and business associates at
cocktail parties or business luncheons. At best, their purchase is a
protest against government. Since their tax haven corporation isn't going
to be used, they should buy the cheapest tax haven corporation.

The financially unsophisticated buy a cheap tax haven incorporation
to save money. They don't realize how easy it is to lose their offshore
nest egg. In some cases, local attorneys don't file the incorporation
documents with their Government. Local tax haven banks fail at an alarming
rate. Nominee directors have the power to defraud the unwary. Western
taxing authorities often collect taxes from the unwary tax haven
corporation. The road to tax haven success is dotted with hundreds of
these potholes. The unsophisticated are certain to wreck their car driving
this road.

For over 100 years, financial advisers have helped the
unsophisticated survive on the road to tax haven success. In Europe, these
advisers tend to be from old-money families. In the States, they tend to be
attorneys and accountants. Do you want to drive a tax haven car and don't
know how to do it? You should hire a tax haven adviser, as your chauffeur.
It's good insurance. They'll add $5,000 to $10,000/year to your costs.
However, you'll avoid the loss of your offshore nest egg from hitting a

You can pay over

a hundred thousand dollars a year for your tax
haven incorporation. It's done by the super rich and multi-national
corporations. They get a team of drivers who ensure that they prosper
without having tax problems from their local taxing authority. Their
chauffeur costs are justified because their tax savings more than offset
their costs.

For the past twenty years, I've helped Stock Market professionals
create International Business Corporations (IBCs). My design is sound.
We're taking some of these IBCs public. They aren't the dream machines of
the super rich. They aren't the engineless new cars of cheap tax haven
incorporation. They meet a need. If you share that need, they are your best
value. The cost is US$3,500 for the formation of your tax haven
corporation. Thereafter, the annual maintenance fee is US$600/year for a
private IBC. It's $1,000/year for a publicly trading IBC.

Putting aside ego and ignorance, tax haven corporations aren't for
everyone. If they are for you, you must decide upon your purpose, before
you shop for the best value. If you need stock trading and currency help, I
offer the best value. If you want to use a tax haven corporation to hold a
global real estate empire, you need help from someone who creates real
estate tax havens. Your purpose will determine your costs. It will
determine the location of your tax haven. It will determine whom you'll use
as your adviser.

To contact the author: Visit the Beowulf Investments website: [] Or, visit the Global Village Investment Club Website:

About the Author

He has been the Managing Director of Beowulf Investments [] since 1981 and is the Executive Director of the Global Village Investment Club []

A Informative Forex Broker Review
Gain Capial has set a high standard with trailing stops. The trailing stop can only be entered as a separate order. Once the investor is in an order he can enter his trailing stop limit in pips to trail the market the distance the investor has set...

American Blind Pools
American Blind Pools For Asian Private Companies By William Cate Published July 1999 [] [] You'll earn twenty million U....

E-Currency: If Forest Gump Was Here, This Is What He Would Be Doing
So you want to learn currency exchange huh? You heard about it and now you decided you want to become the Donald Trump of investing, somehow you know you can pull this off and become the next big thing. Well it's quite possible to earn a very...

E-gold Investing: Make Money With Currency Trading
Many people are already starting to pay attention to the newest online trend: E-gold investing. E-gold investing is a all about a system that allows you to profit from the money that is being traded everyday on the internet. What you're...

Mazu E-currency Exchange Program
If you are like many of the thousands of people trying to make money online today, then you are probably trying to find a program that works. I have tried Quixstar, Market America and Amway, all of which require you to build a down line and sell a...

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest / trade in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading.

The Views and opinions represented in the provided website links and resources are not controlled by the Referring Broker or the FCM.  Further, the Referring Broker and the FCM are not responsible for their availability, content, or delivery of services.