To LLOYD'S FUNDS A GLOBAL FINANCIAL POWER-HOUSE Offshore Tax Exempt Company Formation Jurisdiction : The Bahamas

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.

The Bahamas IBC Only $599

Endless Summers

Secrecy? 100%

Why Bahamas? You will find no better country for your financial investments than The Islands Of The Bahamas. The country does not levy taxes on capital gains, corporate earnings, personal income, sales, inheritance or dividends. This tax freedom is available to all resident corporations, partnerships, individuals and trusts. In addition, corporations find that the investment-friendly policies and laws, as well as the stable economy, make The Islands Of The Bahamas an ideal place to establish a business. The Bahamas is simply the safest tax haven on Earth to have an offshore company and offshore bank account. You will enjoy online banking facilities, be able to trade US stocks, options and bonds through an offshore brokerage account, hold assets secretly and conduct your business in a tax-free country where maximum secrecy is Law

The Bahamas; A Tax Have In The Heaven

A World Of Opportunity Located 35 minutes from Miami and surrounded by the clear and warm waters of the Caribbean Sea, a place where the land emerges from the sea, the islands that become a destiny, a destiny that become passion. Political and Legal System: The Bahamas is one of the oldest parliamentary democracies in the Western Hemisphere. It has had a continuous Parliament based on the English Westminster model, since 1729. Independence with membership to The British Commonwealth was granted in 1973. The legal system is based on British Common Law and the U.K. Privy Council remains the final Court of Appeal. Bank secrecy is based on U.K. laws and in addition The Banks and Trust Companies Regulation Act, 1965 statutory confidentiality and imposes fines and imprisonment for any breaches. Financial Activity: The capital and hub of financial activity, which accounts for 12% of GDP, is situated in the City of Nassau on the Island of New Providence. There are approximately 430 Banks licensed in The Bahamas with 190 having a physical presence. More than 40,000 Companies are registered in The Bahamas and about US$55 Billion are invested in mutual funds registered in The Bahamas. Currency and Exchange Control: The Bahamian dollar is pegged to the U.S. Dollar at par. There are Exchange Control Regulations applicable to residents. However, offshore investors utilizing banking services, IBC's, trusts, mutual funds and exempt limited partnerships are not subject to exchange control. Easy of Access: The Bahamas is a 30 minute flight from Miami and is within the US Eastern seaboard time zone. There is extensive commercial air service between The Bahamas and all major cities in the U.S. and Europe. Demographics: The Bahamas has a population of about 280,000, 180,000 of whom reside on New Providence. English is the national language. A strong force of professionals are available to provide all requisite offshore services. This includes over 400 attorneys and all major accounting firms are well represented. Taxes: There are no personal or corporate income taxes, death duties, inheritance tax, VAT tax or capital gains tax. Stamp duty is chargeable at an ad volorem rate on all real property transactions and a nominal real property tax is charged.

Your Offshore Company Your Road To Succeed The Bahamas; Soft And Warm Bahamas; The Majestic Land

Share Capital, Taxation, License Fees And Compliance Matters

AUTHORIZED AND ISSUED SHARE CAPITAL: The normal authorized share capital is US$ 5,000; divided in to 5,000 shares of US$ 1, this being the maximum capital for the minimum duty payable at the time of incorporation and the maximum authorized share capital for the minimum license fee payable annually. The share capital may be expressed in any currency. The minimum issued capital is either two shares of no par value or two shares of par value. CLASSES OF SHARES PERMITTED: Registered shares, bearer shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights. BEARER SHARES PERMITTED: Yes. TAXATION: The Bahamas is a PURE TAX HAVEN and has no direct taxation in the form of income tax, capital gains tax, gift tax or inheritance tax. DOUBLE TAXATION AGREEMENTS: The Bahamas is not a party to any double tax treaties. LICENSE FEES: Companies with an authorized share capital, with a par value, up to US$ 50,000 pay the sum of US$ 250 per year. Companies with share capitals more than US$ 50,001 pay the sum of US$ 1,000 per year. FINANCIAL STATEMENT REQUIREMENTS: Whilst there is no requirement to file audited accounts with the authorities, a company is required to keep financial records which reflect the financial position of a company. Structure Of Management DIRECTORS: The minimum number of directors is one. The directors may be natural persons or bodies corporate. They may be of any nationality and need not be resident in the Bahamas. COMPANY SECRETARY: The Act makes no specific reference to a company secretary, but one is normally appointed to facilitate signing obligations. SHAREHOLDERS: Minimum number of shareholders: two subscribers, but the shares can be transferred to a single person.

Your Offshore Company Live Another Life The Bahamas, Almost Heaven Your Offshore Company The Easy Life

GENERAL	Type of Company Political Stability Common or Civil Law Disclosure of Beneficial Owner Migration of Domicile Permitted Tax on Offshore Profits Language of Name	IBC Excellent British Common Laws No Yes Nil Latin Alphabet
CORPORATE REQUIREMENTS	Minimum Number of Shareholders Minimum Number of Directors Bearer Shares Allowed Corporate Directors Permitted Company Secretary Required Standard Authorized Share Capital	One One Yes Yes No US$5,000
LOCAL REQUIREMENTS	Registered Office /Agent Company Secretary Local Directors Local Meetings Government Register of Directors Government Register of Shareholders	Agent Yes No No No No No
ANNUAL REQUIREMENTS	Annual Return Submit Accounts	No No
RECURRING GOVERNMENT COSTS	Minimum Annual Tax/License Fee Annual Return Filing Fee	US$250 US$45

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 world-wide 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 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.

Relaxing Bahamas

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 settler. These advantages may include: 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.

Your Offshore Company The Affordable Luxury

US$599 VIP Power Package Includes: Certificate of Incorporation and Certificate of Good Standing for your offshore company Memorandum and Articles of Association First year government fee Share Certificate issued to the bearer or to the nominee shareholder (recommended and provided for free) or registered Minutes of the first meeting of founders Letter of appointment of the first director Register of members for offshore company Register of directors for offshore company Registered agent services first year for offshore company Registered office for offshore company (first year) Apostille of the charter documents Courier delivery 3 Bank accounts Nominee directors Power of Attorney Apostille documents Notarized documents Apostilled translation of the charter documents into local language Notarized translation of the charter documents into local language Rubber stamp of the company Express Delivery Amendments to the company charter documents, name change, etc Redomiciliation Trading and investment account. Operation via Tel., Fax, Internet. Debit cards Offshore Brokerage Account for Day Trading Virtual office in your selected jurisdiction, including: e-mail address, fax and answering machine for infrequent use, with forwarding all messages by e-mail One year offshore hold mail and forwarding Offshore merchant account

Bahamas; The One And Only

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 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 The Bahamian Tax Exempt Company advantages. 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. If you would like to obtain further details of the legislation surrounding the formation of an International Business Company (IBC) in The Bahamas or wish to discuss any matter in complete confidence, please click here to contact: Mr. John Cooper Ph.D. Vice President Lloyd's Financial Group Offshore Services

Your Offshore Company; Your Peace Of Mind

Please click here to explain us the full particulars of your situation and what you wish to accomplish. We will review your situation very carefully and offer to you a custom fitted solution. 95% of the time the solution will be simple to understand and 100% of the time it will be the least expensive alternative.

Please feel free to contact Lloyd's Funds if you believe the formation of a Bahamian Offshore Company at the present time may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.

Other Jurisdictions?

Lloyd's Funds is in a position to assist new and established clients in opening personal and corporate offshore bank or trust accounts, denominated in almost every currency, in over 125 of offshore jurisdictions world-wide, including:

New Zealand, Australia, Chile, The Dominican Republic, Ireland, Argentina, Belize, Brazil, Spain, Italy, Costa Rica, Venezuela, Uruguay, Prague, Bodrum, The Spanish-Moroccan Tax Havens, The Madeira Tax Haven of Portugal, The Jamaican Free Trade Zones, The Dominican Republic Free Trade Zones, Campione D'Italia, Andorra, Poland, The Eastern Turkish Border and Tbilisi, Mozambique, Guatemala, The Virgin Islands, The Philippine Islands, and Anguilla are just some of the countries and places featured.