Frequently Asked Questions

• What is a Negotiable or Monetary Instrument?

  This would include any check, or money order that is in bearer form, in other words payable to the bearer on demand without any further conditions to be met or if the instrument is already endorsed without restriction (not endorsed and made payable to a specific entity), made out to a fictitious payee, or structured so that the title of the instrument passes solely with possession of the instrument such as a bearer bond. This would also include an instrument such as a check, money order, promissory note signed but with the payee name left in blank. This does include bearer shares of corporations which is why the corporations we form are set up with a value of $10,000 only (nominative value not paid in cash so as they fall under the declaration limits.
  
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  Negotiable or Monetary Instrument

• What Tax Haven Is The Best to Form a Corporation or Foundation In?

  In a word – Guatemala on all counts. It is not considered a tax haven so right off the top less due diligence harassment. Guatemala has no Mutual Legal Assistance Treaties. Guatemala has no Tax treaties even for criminal tax cases. Guatemala has bank secrecy and anonymous corporations. Banks have online banking.

• How Do I Bring Money Back From Guatemala

  Some of the methods that we are aware of are as follows: Money may be wired directly from offshore into a domestic account. Then accounted for as either income, dividends, return of capital, borrowed funds, annuity or whatever the reason is. We offer anonymous Visa cards with no name on them that work online, in person and in ATM machines.

• Is it possible to have a dead anonymous offshore bank account?

  Yes in Guatemala. The Bank ($75 Billion Dollar Bank) has no idea who you are. You enter into a trust agreement with the Guatemala Law firm and they become the signature on the Corporate Bank Account. This can also be done in Costa Rica, Mexico and Ecuador.

• Can I Bank Online?

  Yes, plan on it. You will be able to securely check balances, history, send international wire transfers.

• What Is An Acceptable Name for an IBC?

  An IBC may be named nearly any name its founder desires. There are very few restrictions. Anonymous Bearer Share Corporations can end with S.A., Inc., Corp., Corporation or Company.

• Do you provide Nominee Directors?

  We provide nominee directors. An undated letter of resignation is included with your company package. Nominee Directors are merely nominated and do not have the corporate ability or authority to undertake any acts on behalf of your corporate structure.

• Do I have to travel abroad to invest offshore?

  No. Offshore investing does not mean that you have to live abroad, or even travel abroad. Offshore investing can be done from your own home through our law firm who will function on your behalf with reputable offshore bank.

• What Can't an Offshore Corporation Do?

  May not act as a Trust Company, Bank or Insurance Company. It may not carry on any activity prohibited by Law. There are no personal or corporate taxes relating to offshore-derived income in the countries where we work.

• Why use an Offshore Bank Account?

  The answer is for Privacy and Asset Protection. Some of the most important aspects of offshore banking are personal or corporate privacy and banking secrecy. Funds and other assets are significantly better protected from creditors, and/or any other form of lien or confiscation action, in an offshore jurisdiction than in your country of residence.

• Aren't Panama Offshore Trusts for the very rich?

  One does not have to be very rich to benefit from establishing an Internal Trust Agreement. A trust or foundation becomes essential when you have a significant amount of assets that could be targeted.

• Aren't Offshore Corporations for the very rich?

  One does not have to be very rich to benefit from establishing an offshore corporation. A corporation becomes essential when you have a significant amount of assets that could be targeted.

• Is it illegal to operate an offshore corporation?

  To the best of our knowledge it is not illegal in any country we know of. There are many very valid reasons to operate a business offshore and many multi-billion dollar corporations do so with their numbers climbing each year.