New York Stock Exchange To LLOYD'S FUNDS 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 A GLOBAL FINANCIAL POWER-HOUSE Offshore Bank Formation Jurisdiction Antigua and Barbuda 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 Offshore Division Is the provider of such services.

Your Own Antigua and Barbuda Bank For Only US$9,500

Endless Summers

Secrecy 100%

Why Offshore? 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. With 60,000,000 lawsuits filed last year in the U.S. (product liability awards were up 73% in 1999 and class action lawsuits were up 41% last year) and 680,000,000 world-wide you owe it to yourself and your family to form an YOUR OWN OFFSHORE BANK with help of Lloyd's Funds

Antigua and Barbuda; Tax Haven In The Heaven

Good by uncle...and

For ever!

Why Antigua and Barbuda? Antigua and Barbuda is one of the leading offshore jurisdictions in the Caribbean. The island is a premiere international financial center and offers many advantages as a PURE TAX HAVEN. It is an independent Caribbean Island which is currently welcoming applications for a banking license which would be unrestricted expect for a prohibition on doing business with residents of the Caricom area. This is an important point to consider. These jurisdictions are in the business of selling sovereignty. The license that they issue permits the holder to conduct a banking business with persons who are not resident in the county issuing the license. The license does not permit the holder to do a banking business with residents of the country issuing the license. This is ideal for the Internet businessman.

Antigua has put into place a number of features which make it ideal for permanent residence or doing international business transactions. Antigua is a tax free jurisdiction for permanent residents and those companies which are incorporated under the International Business Corporation Act. The country offers the following:

Permanent Resident Scheme International Business Companies Exempt Insurance Companies Offshore Banks International Trust Companies Exemption from exchange controls Tax exemption from all forms of taxation on profits or gains Tax exemption from withholding taxes on dividends, interest, management fees and royalties paid Confidentiality of information Minimum requirements for corporate reports.

Antigua is an excellent location for your international business. The country offers a pleasant tropical atmosphere and adequate infrastructure in which to conduct business. Features include the following:

excellent infrastructure, including state-of-the-art telecommunications operated by Cable & Wireless modern international transportation facilities with daily direct flights to major international business centers in the United States, Canada and the United Kingdom a highly literate English speaking population political and economic stability excellent professional community reasonable priced office facilities world standard accommodation facilities up-to-date corporate legal framework and competent judicial system choice of the major international Chartered Accounting firms excellent air and telecommunications with North America and Europe convenient time zones with North America and Europe.

ANTIGUA; PURE TAX HAVEN.

Location: Antigua and Barbuda pronounced (An-tee'ga): Are located in the middle of the Leeward Islands in the Eastern Caribbean, roughly 17 degrees north of the equator. To the south are the islands of Montserrat and Guadeloupe, and to the north and west are Nevis, St. Kitts, St. Barts, and St. Martin. Banking Activities An offshore bank may engage in any generally acceptable banking activities from within Antigua and Barbuda and elsewhere.

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 U.S. dollars.

Market insurance services Conduct trading in foreign currencies Offer credit reports Advertise worldwide Issue certificates of deposit Take deposits Issue your own major credit cards Set up your own banking instruments Issue your own bank references solicit funds from the general public Write your own credit ratings Write your own bank references Click here for world currencies rates every 15 seconds

Open Margin Accounts Give loans Issue guarantees Issue bonds Letters of credit Issue letters of recommendation etc. Financial instruments Offer leasing services Offer payment services Issue checks and credit cards Offer safe custody services Debt collecting services All For Only US$9,500

Capital Requirement: A minimum paid up capital of US$5,000,000 is required (can be financed entirely by Lloyd's Funds International).

These funds must be paid into a bank in Antigua and Barbuda or major international bank overseas prior to the authorities issuing an international banking licensing.

An offshore bank is not subject to any reserve requirements as specified under the Banking Act which regulates the operation of local banks

Directors: An international banking corporation must have at least one director and a director need not to be a natural person.

Taxation The banking corporation is exempted form the payment of all taxes for a period of fifty (50) years

The income, profits, gains and other revenues and the funds and securities of an exempt corporation are exempt from exchange control regulations unless the exempt corporation is a resident.

Confidentiality Under the legislation it is a criminal offense to disclose any information pertaining to the affairs or transaction of client of a bank. Disclosure of confidential information can only be made by a court order arising from an authorized investigation. Government Fees: Fees charged by the government in respect of an International Banking Business are as follows: Initial License Fee US$15,000 Annual License Fee US$ 15,000 Incorporation Fee US$ 300

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:

Antigua; 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: Antigua and Barbuda now offers tax-free offshore banks by virtue of the Offshore Bank Act of 1998. This legislation was designed to be the most modern and attractive taking the best features of offshore banking legislation existing in tax havens such as Panama, Cayman and the British Virgin Islands. Belize has earned a reputation as one of the most secure offshore corporate domiciles and the offshore banking legislation further cements its position as one of the best offshore financial services centers in the world.

Your Own Bank; Your Peace Of Mind Antigua; The Unspoiled Jurisdiction

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 Antigua and Barbuda bank formation. 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.

If you would like to obtain further details of the legislation surrounding the formation of an Antigua and Barbuda bank 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

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

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