New York Stock Exchange LLOYD'S FUNDS INTERNATIONAL Lloyd's Funds International is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals Offshore Bank Formation Jurisdiction Commonwealth of Dominica Savings Bank as low as $6,500

What We Do There's a lot more to a successful bank portfolio than capital. You need resources, technological and marketing expertise, asset management abilities, loan administration - in a word, services. Lloyd's Funds International Offshore Division Is the provider of such services. Why Going Offshore? "Going Offshore" is essential for everyone who desires a secure financial future! It may surprise you to learn that the number one reason for people moving money offshore is not because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind.

Welcome To Paradise

Good by uncle...and

For ever!

Don't twiddle thumbs while the vultures are blithely hacking away at your life time savings: with Lloyd's Funds International insider strategy, you will be able to employ your bank to lay its hands (i.e. yours!) on your assets before anyone else does.

Buy out your own debt for a song, stage your own friendly self-takeover and make exorbitant profits – absolutely legally, too, provided you know the proper way to do it!

While many of the banks in the Commonwealth of Dominica are involved in the movement of billions of dollars around the world in business operations, Lloyd's Funds International offer opportunities for investors on a smaller scale to take advantage of Commonwealth of Dominica TAX-FREE climate protected by a confidentiality law which ensures privacy for all reputable transactions. This opportunity is taken up by many overseas investors who see a Commonwealth of Dominica bank account as a secure and discreet place for the deposit of funds which can earn TAX-FREE interest. There are no exchange control or reporting requirements in the Islands, and finds may be converted into other currencies and moved in an out of the Commonwealth of Dominica freely.

Once you sign up, we will show you a unique insider strategy how to reduce your tax-load and even say goodbye to taxes forever.

Where Is Dominica? Located south of Florida, 90 minutes from Miami and surrounded by the clear and warm waters of the Caribbean Sea, an island where the land emerges from the sea, a shore that becomes a destiny, a destiny that becomes passion. The International Business Corporations Act No. 10 of 1996 was passed by the Government of the Commonwealth of Dominica as a bold initiative to develop the island as a domicile for international banks, trusts and offshore companies by offering a twenty year tax exempt, confidential, treaty-free jurisdiction. The process is quick and easy while at the same time maintaining the efficiency, confidentiality, anonymity and ease of operation which the international corporation more often than not requires.

Dominica; An Unparalleled Tax Haven

The Dominican Advantage

Dominica possesses unique and unrivaled advantages namely:

Completion of the process of bank formation within 7 to 10 days of filing Articles of private bank A twenty (20) year exemption from all local taxes and duties or other similar charges Strict confidentiality and anonymity - availability of bearer shares; no requirements to file organizational or accounting information with the appropriate authority; share registers available for inspection only by registered shareholders Exemption from exchange controls and the unrestricted operation of bank accounts The absence of capital gains tax The absence of tax treaties or exchange of information agreements with any other country Ease of operation, maintenance and control - banks can - issue shares for consideration other than cash, with or without par value - have only one subscriber and thereafter only one shareholder - have corporate directors or shareholders - have a single directorate - have corporate directors or shareholders - have shareholders' and directors' meetings outside Dominica No requirement to file organizational or accounting information with the Registrar of banks No statutory requirement to hold Annual General Meeting and if same is held the time and place are determined by the members and the meeting may be by telephone or other electronic means Single shareholders, single directors and corporate directors are permissible Asset security is maintained as provisions restrict seizure, expropriation or confiscation by foreign authorities. Members may reissue and re-acquire their own shares

Your Own Bank Only $6,500 Unspoiled Beauty

Why Commonwealth of Dominica? You have arrived at the invisible world where secrecy, privacy and freedom are of the greatest concern. If you need money, too, this is a must-visit place. Yes, Commonwealth of Dominica is where the money is at! Lloyd's Funds International strongly encourages you to enter and explore these little islands, and learn how to change your money into the wealth. The economy lives with secrets and from secrets. Confidentiality is therefore an important prerequisite for the successful functioning of the economy. The duty of non-disclosure imposed upon banks is of special significance. The duty of confidentiality incumbent upon banks prohibits the release of all information which the bank has access to as a result of its client contacts. In Commonwealth of Dominica bank secrecy is expressly anchored in the banking law. It guarantees the anonymity of the investors as well as the economic success of the financial services sector. Bank secrecy has a high priority in Commonwealth of Dominica Law and is guaranteed through civil as well as penal laws. Stringent and wide-reaching laws require the Commonwealth of Dominica banks to observe the utmost discretion.

Secrecy?; 100%

Commonwealth of Dominica Banks

There are currently over 2,500 banks and trust companies licensed by the government to carry on business from the Commonwealth of Dominica .
Around 30 have the Category "A" licenses which allow them to carry on business with residents and non-residents of the Commonwealth of Dominica . The remaining licensees hold Category "B" licenses and are for the most part restricted to transactions with non-residents.

At the end of 1999 more than 800 of the world's top 100 banks had branches or subsidiaries or affiliates in the Commonwealth of Dominica. This statistic reflects the recognition of the Commonwealth of Dominica stature in international finance as well as its position as one of the leading centers of the global Euro-currency market. Banks licensed in the Commonwealth of Dominica represent over 160 countries.

Formation of a Commonwealth of Dominican Bank

You can carry on your banking business in the Commonwealth of Dominica as a person or body of persons, corporate or otherwise, under a valid license obtained for you by Lloyd's Funds International under the provisions of the Banks and Trust Companies Law, 1989. Trust business may be carried on only by a company licensed for such business under the same law.

Lloyd's Funds International can obtain you one of the following licenses which may be issued under the law.

Category "A" banking License: The licensee may engage in both local and offshore banking business. Category "B" banking license: The licensee may engage only in business originating in countries outside the Commonwealth of Dominica . Category "B" restricted banking license: The licensee is limited to conducting business with named and approved persons outside the Commonwealth of Dominica . Trust license: The licensee may carry on trust business as defined under the law. Restricted license: The licensee may carry on trust business for named and approved persons only. Nominee trust license: The licensee may carry on the business of acting as a nominee only.

Welcome To Freedom

Minimum Capitalization

The minimum net worth capital for a Category "A" or a Category "B" license-holder is prescribed as such sum, not being less than US$200,000 ( can be financed by Lloyd's Funds International) as the Governor may in his absolute discretion determine. In all cases it is ensured that the capitalization is and will continue to be sufficient for the scale and nature the business to be carried on. In practice, and depending on the size and nature of the proposed operations, a significantly higher level of capital is required.
For a Category "B" restricted license, for banking or trust-business, a minimum net worth capital of US$20,000 is required. (Also can be financed by Lloyd's Funds International)

Registered Office

All licensed banks and trust companies must have a registered office and local representative in the Commonwealth of Dominica. Any licensee without its own staffed office in the Island can be represented by a Category "A" license-holder, Lloyd's Funds International who will act as Authorized Agent. Fees Fees, which are payable on the grant of a license, and in January each year, are as follows: Category "A" license: US$10,500 Category "B" license: US$8,400 Restricted: US$6,000. Trust license: US$4,600 Restricted: US$1,640. Nominee trust license: US$1,000		Roseau (pronounced Rose-oh) is small, ramshackle and friendly, with a surprising number of pretty old buildings still intact.
Advantages Of A Commonwealth of Dominican Bank

Advantages obtained by a licensee in the Commonwealth of Dominica , after passing the close scrutiny of all aspects of his application, are:

• Absence of corporation tax, capital gains tax, withholding tax, property tax, payroll tax, or income tax payable by employees.
• Absence of exchange control, allowing free transfer of funds in and out of the Island, in any currency, with equal freedom to open and maintain accounts in any currency.
• No reserve asset requirements.
• Competitiveness in the Euro-currency markets.

With the current changes that are taking place in the world economy, there has never been a better time to explore the benefits of owning your own offshore bank in Commonwealth of Dominica . The term "offshore" means conducting business in a country in any geographic location where there is stability, very low or nil taxes, minimal restrictions and a less restrictive financial atmosphere than exists in the well-known developed countries like U.S.A., Canada, UK...etc. International or offshore banks provide a sage and confidential method of holding liquid assets. Offshore banking allows individuals an excellent means of separating assets and placing them in a safe, confidential and easily accessible domain. By depositing holdings in an offshore facility, one can avoid potential loss of wealth, through taxes, lawsuits, or judgments. Thus, offshore banking affords protection for your estate while limiting your liability.

Your Own Offshore Bank; Your Road To Success Swiss Venture Funds;

A very useful method of obtaining asset protection is through the use of foreign banks and trusts; autonomy can be obtained by creating an offshore bank in Commonwealth of Dominica. This bank will achieve great confidentiality and protection through the use of nominee officers, nominee directors ( can be provider by Lloyd's Funds International) and bearer shares.

The bank or trust can hold title to another bank, brokerage accounts and other investments. The bearer shares can be controlled by an offshore trust. The offshore corporation would typically be formed in jurisdiction other than the foreign trustee site.

Lloyd's Funds International have developed a system that will allow you access to full service relations with international banks in every country. Lloyd's Funds International is able to make these correspondent-banking services possible by generating the legal documents required to establish a private bank or trust. This will entitle you to open numbered and coded bank accounts for your deposits. By utilizing electronic banking supports and cutting-edge technology, a comprehensive range of services can be managed through YOUR financial institution. Such services can include:

• Balance Reporting
  A fast accurate update on the daily balance and activities in your accounts.
• Wire Transfer Services (Funds Transfer)
  Ensures a timely and accurate transfer of funds internationally, on a same day basis, through automated wire transfer systems.
• Vault Services
  Provided at competitive rates. This service allows you to access cash quickly, whenever required.
• Custody Service
  Security deposits, clearance, account research, or other transactions.
• Letters of Credit
  Bank-to-bank reimbursements, letters of credit issuance and reporting, as well as letters of credit advisement, confirmation, and negotiation services.
• Cash Letters
  This service is especially appropriate for high volume/low dollar-valued commercial checks, as well as Travelers Checks.
  Checking accounts, Time Deposits, Money Management accounts, Visa and Debit Card services are offered by many offshore facilities.

Services, in both local and foreign currencies, include Commercial / Executive Check Accounts Commercial / Executive Accounts

Call Accounts	Term Deposits	Saving Accounts
Overdrafts	Term Finance	Housing Finance
Foreign Currency Drafts	Telegraphic Transfers	Trade Finance Lines
Travel Finance	Mastercard	Visacard
Merchant Facilities	Foreign Exchange	Traveler's checks

Currency Quotes?

Lloyd's Funds International can customize the above listed services, and many other services, to meet your specific international transaction and banking requirements. Assets can be denominated in any foreign currency, as well as US dollars.

Market insurance services Conduct trading in foreign currencies Offer credit reports Issue your own bank references Issue certificates of deposit Issue letters of recommendation etc. Issue your own major credit cards Set up your own banking instruments Advertise worldwide solicit funds from the general public Write your own credit ratings Write your own bank references

Take deposits Give loans Issue guarantees Issue bonds Letters of credit Take deposits Financial instruments Offer leasing services Offer payment services Issue checks and credit cards Offer safe custody services Debt collecting services

All For Only US$6,500

Mailing, Fax, Telephone And Office Facilities As part of the domiciliary service fee we provide clients with a registered office address in the country of incorporation but clients may find it convenient to arrange for mail forwarding, fax and telephone facilities through our Switzerland, The Bahamas Islands, London or other Lloyd's Funds International offices. This service may be especially useful where, for example, the company is opening bank accounts.

Normally the bank would address statements and other correspondence to the company at the address of the client but this results in a loss of confidentiality in that the connection between the company name and the client will be automatically made. To safeguard against this mail can be directed to our offices and we can re-mail those letters in a plain envelope addressed to the client or otherwise as the client directs. An additional advantage of using our re-mailing services is that the provision of a re-mailing address through one of our prestigiously located offices in the onshore jurisdictions may allow the offshore company to appear to be domiciled on-shore and thereby give that company an added degree if respectability. For example, your offshore company could quote Lloyd's Funds International London office address on its letterhead and thereby appear to be domiciled in the UK. This procedure is particularly attractive if the Hong Kong address is used as a Hong Kong company is not required to quote its registered office address on its letterhead. Thus if an offshore company were to quote a Hong Kong address it would be indistinguishable from the letterhead, from a normal Hong Kong trading company.The charge for this service is only $275 per annum. Trust Services: Using a trust to own the shares of an offshore company can result in very substantial tax and non-tax related advantages which will accrue both on death and during the lifetime of the trust settlor. These advantages may include:

Dominica; The Real Life

Saving Of Inheritance Tax: On death, the Inheritance tax which would normally be assessed on the value of shares would generally be eradicated. Asset Protection: Assets placed into trust are generally beyond the reach of creditors who might arise as a result of financial difficulties, divorce proceedings, litigation, etc. Avoidance Of Probate: A trust provides a means whereby assets can be smoothly passed on to the next generation without the disruption, delays substantial costs, loss of confidentiality associated with the probate procedure which necessarily follows when assets are bequeathed by will. Continuity: Trusts provide a means whereby assets can continue to be administered in accordance with the wishes of the settlor after his death so the weak can be protected from others and the spend-thrift can be protected from himself. Lifetime Tax Savings: During lifetime, substantial income and capital gains tax advantages may result from setting up the trust. Using the service of one of our licensed trust companies, we are pleased to act as trustee for a suitably drafted discretionary trust and the cost of this service would be from US$500 for setting up the trust deed and from US$500 per annum for the provision of trustee services. Other Services: Lloyd's Funds International provides a wide range of administrative and documentary services including, but not limited to legalization and notarizing of documents, credit cards, yacht and ship registration, invoicing, documentary trade services, trade finance applications, accounting, consulting and immigration services. VIP Package: Available at slightly higher cost Summary: A financial institution formed under the Commonwealth of Dominica Offshore Banking Act of 1996 is permitted to conduct offshore banking business provided that certain minimum conditions related to directors' net worth, the financial institution's capital and liquidity, and other standards are satisfied. Under the Act, banking business is defined as the business conducted by a licensed financial institution exclusively in currencies other than East Caribbean dollars. A licensed financial institution is a company constituted in Dominica or a company incorporated outside Dominica but which is in full compliance with the laws of Commonwealth of Dominica . Once a company is established in accordance with the Act, it may apply to the Minister of Finance if it desire to commence an offshore banking business in Dominica. There is a prescribed application form to be completed and documentation requirements to be met. At a minimum, the company's memorandum and articles of association or other incorporation documents must accompany the application. The Minister is authorized to request additional information that he deems necessary. In addition, the application for the license must be accompanied by a receipt issued by the Accountant General for the payment of a prescribed application processing fee.

Your Own Bank; Your Peace Of Mind Located in the Western Caribbean just a 1 hour flight from Miami and surrounded by the clear and warm waters of the Caribbean Sea, a place where the land emerges from the sea, an island that becomes a destiny, a destiny that becomes passion.

Confused? The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore company formation or registering of a bank or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes. Lloyd's Funds International Group has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to go offshore.

The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can open a financial account under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.

We trust that we have clarified the intriguing world of a private bank formation in the Commonwealth Of Dominica. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services. Please click here to write us the full particulars of your situation and what you wish to accomplish. We will review your situation and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.

Results!

If you would like to obtain further details of the legislation surrounding the formation of an offshore bank in the Commonwealth of Dominica or wish to discuss any matter in complete confidence, please click here to contact: Mr. Oscar Parker Ph.D. Vice President Lloyd's Funds International Offshore Services Division

Thank you for your interest and feel free to contact Lloyd's Funds International Offshore Division if you believe the formation of Your Own Offshore Bank in Commonwealth of Dominican Bank may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.

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