| ||||||||||||||||||||||||||||||||||||||||||||||||||||
| Baltikums (one of Latvian banks) opened a new office in Japan.Baltikums provides these services(offshore asset management,offshore real estate,offshore funds,Japanese bonds,offshore stocks,M&A,offshore banking,anonymous maildrop,Tokyo mail forwarding,offshore virtual office,offshore web hosting and offshore incorporations).Japan is not tax haven but much more stable than these offshore countries(Panama,Costa Rica,Belize,Cayman,Sark,Latvia,Estonia and Montenegro).You can invest Japanese real estate or stocks in English.We are the first offshore bank that opened an office in Japan.We are pleased to protect your asset from third parties in Riga and Tokyo.Baltikums (one of Latvian banks) opened a new office in Japan.Baltikums provides these services(offshore asset management,offshore real estate,offshore funds,Japanese bonds,offshore stocks,M&A,offshore banking,anonymous maildrop,Tokyo mail forwarding,offshore virtual office,offshore web hosting and offshore incorporations).Japan is not tax haven but much more stable than these offshore countries(Panama,Costa Rica,Belize,Cayman,Sark,Latvia,Estonia and Montenegro).You can invest Japanese real estate or stocks in English.We are the first offshore bank that opened an office in Japan.We are pleased to protect your asset from third parties in Riga and Tokyo. One of junk e-mails ------------------------------------------------------------------------------------------------------------------ The most comprehensive edition of Windows Vista, Vista Business Upgrade (DVD-ROM) is the first operating system that combines all of the advanced infrastructure features of a business-focused operating system, all of the management and efficiency features of a mobility-focused operating system, and all of the digital entertainment features of a consumer-focused operating system. For the person who wants one operating system that is great for working from home, working on the road, and for entertainment, Vista Business is a no-compromise operating system that lets you have it all. Windows Vista Business contains a number of new features, the most notable of which are: Windows Vista Business combines all the features of a business-focused operating system, all the efficiency features of a mobility-focused operating system, and all of the digital entertainment features of a consumer-focused operating system; Remotely connect to business networks; Windows BitLocker Drive Encrypti on provides improved levels of protection against theft for your important business data whether you are at home, on the road, or in the office; Delivers all of the entertainment features available in Vista Home Premium; includes everything you need to enjoy the latest in digital photography, music, movies, analog TV, or even HDTV; Upgrade from your current edition of Microsoft Windows XP or Windows 2000 (including Windows XP Professional, Windows XP Home, Windows XP Media Center, Windows XP Tablet PC, Windows XP Professional x64, Windows 2000) Windows Vista Business Upgrade (DVD-ROM) Retail Price $299.00 Our Price $79.95 You save $219.05 Please note, that there will be more special offers available for our constant customers. Every effort has been made to ensure the accuracy of all information contained herein. DS Team makes no warranty expressed or implied with respect to accuracy of the information, including price, product editorials or product specifications. Product and manufacturer names are used only for the purpose of identification. We appreciate your cooperation with us and we'll be glad to see you as our clients in the future. ------------------------------------------------------------------------------------------------------------------- What is "going offshore"? It is the utilization of out of country corporations, trusts, partnerships, banks, funds, management firms, to legally safeguard assets, minimize taxes, plan for the future and get involved in global investment opportunities. What are the mistakes people make when going offshore? Proper structuring and managing of investments and transactions is the key to successful offshore investing. Improperly structuring and managing investments can result in lower investment returns, significant risks, unnecessary tax liabilities and even civil and criminal penalties for the International Investor. This is why it is imperative to have a qualified professional structure your offshore program and then invest only with established and reputable banks, brokers, and financial service providers when investing offshore. Isn’t it illegal to move assets offshore or have "offshore bank accounts" ? There is nothing illegal about moving assets almost anywhere in the world. It is legal have accounts, funds, reserves, liabilities, assets etc almost anywhere in the world. When you do not declare assets or profits, that should be declared according to your domestic tax code, (IRS, Revenue Canada, Inland Revenue etc), you are subject to certain penalties and fines or more. The key elements are if the assets and profits are "reportable items" in that current year. What are the mistakes that could involve civil and criminal penalties? There are many International Investors, who have established offshore accounts and investments through unqualified individuals and organizations, whose accounts and investments have not been structured properly to enable avoidance and/or deferral of taxation. Investors with improperly structured accounts and investments must report various accounts and investments and pay taxes required by tax laws. Many investors are unknowingly (some perhaps knowingly) in violation of these laws. The risks and penalties resulting from improper structuring and reporting underscores the importance of establishing an International Structure with qualified professionals not just using promoters. Why are there a lot of investors with improperly structured accounts? There has been an explosion of offshore investment activity in the last few years as small investors are becoming more aware of the opportunities and benefits of International Investing. Many individuals and organizations are exploiting this situation (there are even Multi-Level Marketing Companies who are offering offshore investment programs). Unfortunately, many, perhaps most, of these programs are outdated and no longer enable compliance with recent tax laws to allow legal avoidance or deferral of taxes. Some of these individuals and organizations are offering programs based on a two or three tiered trust structure that no longer provides tax avoidance or deferral because of U.S tax law changes made in 1996. Or using special trust arrangements that do not conform to "real life" rules and parameters. Or do not meet current tax and asset reporting requirements in the country of the taxpayer/resident. Other programs are being offered which consist of an offshore company, known as an International Business Corporation (IBC), incorporated in a tax haven with bearer shares and nominee shareholders. This structure alone does not provide legal avoidance or deferral of taxes. Typically, these arrangements have a bank account that receives little or no interest. You can draw money from the account by writing a check, wire transfer, or using a Visa, ATM or Bank Debit Card. Usually there are transaction fees and monthly and/or annual maintenance fees on these types of programs and accounts. Many people who have purchased these types of programs are mistakenly not reporting these transactions and accounts nor paying required taxes on their offshore investments and accounts. These people are unknowing (some knowingly) in violation of specific tax laws and are needlessly exposed to penalties. With all these issues, is it prudent to move assets offshore ? Moving assets or business transactions offshore provides you with increased Asset Protection, Estate Planning Benefits, Tax avoidance or deferral. This is done with the use of Trusts, International Corporations, Foundations, Partnerships, and other legal entities. Why don’t my present advisors recommend using offshore structures ? Offshore business formation is a very specialized field. It would be unwise for an advisor to recommend something with which they may be unfamiliar. In other cases the advisor may have a vested interest in keeping an involvement in your assets or investments. Offshore structures remain a useful, profitable and legal alternative, therefore, we encourage you to investigate its possibilities. What is an International Limited Liability Company? The International Limited Liability Company is similar to the Asset Protection Trust in some of the benefits and protection, which can be provided. An LLC is an incorporated entity similar to both a corporation and a partnership. They originated in Wyoming in 1977 with IRS recognition in 1987. There are 46 US states along with dozens of "offshore havens" that have their own versions. LLC membership may be determined either by the original organizing document of the LLC, which is registered publicly, and/or by the operating agreement of the LLC, which is a private document. The operating agreement typically names the members of the LLC, which can be either natural or juridical persons, along with their proportionate share or interest in the LLC, and sets forth the internal structure of the LLC. Additionally, the LLC may issue "interest certificates" to all the members (similar to shares or stock of a corporation), which certificates will typically bear the name of the LLC, the name of the holder of the certificate, and the proportion or percentage of the interest in the LLC that the certificate represents Because of the recent changes in the federal tax law, operating agreements can now grant an LLC powers that were formerly reserved only to corporations. For example, an LLC can now have perpetual existence, protect the members from personal claims against creditors of the LLC, allow members to transfer their interests freely, and elect managers (or directors) to run the LLC. In addition, like by-laws, operating agreements can now allow for the issuance of certificates to members in the LLC with differing or preferential rights with respect to voting and/or the types of distributions they may receive. We can establish a domestic LLC in a state such as Nevada with low filing fees and maintenance costs. If you wish, you can transfer funds to an overseas account in the name of the LLC in order to obtain additional protection or to take advantage of investment opportunities. Since the International Member is not subject to the jurisdiction of a United States court or agency, the assets in the LLC will have the highest level of protection. Similarly, we use one of several offshore jurisdictions incorporating your LLC thereby increasing protection and operational flexibility. What is an International Business Corporation? An International Business Corporation (IBC) is a corporate entity established in an offshore tax haven. The tax haven has no tax on the business and investment activities of the IBC. Although an IBC alone cannot provide an effective offshore investment program, IBC’s are often an integral part of an offshore investment strategy. This is the most common type of entity used. What other strategies and structures can be used to invest internationally and provide asset protection and tax benefits? Other strategies and structures include, forming Captive Insurance Companies, Factoring, Offshore Bank ownership, Offshore Mutual Fund creation, Private Annuities, Real Estate Equity Purchases, using Rent-A-Captive Insurance Companies and involvement with business entities. Each of these strategies have significant benefits and advantages in specific situations but are all somewhat complex to establish properly. What is the best offshore center or Tax Haven to use for asset protection and or estate planning ? Most modern International Financial Centers are alike offering the services and products available through government regulation. Because of this, certain tax havens have reputations that may or may not be true today, while others have issues with privacy, confidentiality or specific rules for information. Banking rules and regulations are also changing and will have an impact on the jurisdiction we choose. You need a modern business and communications infa-structure with moderate fees. You need not invest or run your business out of the same country that you bank with. We select the "best" of each for our clients. We keep up to date on all haven developments around the world and have relationships with institutions, legal consultants and advisors worldwide. Each entity we form is tailored to the goals and transactions of each client and we advise you on strategies and solutions. Ok, that makes sense but is my money safe offshore? Many financial experts believe that offshore investing when done through reputable companies is actually safer than investing onshore. Higher reserves and greater liquidity ratios are usually found in established offshore financial institutions as compared to their onshore counterparts. In secure offshore havens these problems are nonexistent because of stricter banking laws, lower costs of operation, lower taxation, conservative investment policies, lack of stockholder pressure to maximize profits (which results in higher risk taking on loans and investments), and comparatively lower executive salaries and bonuses in offshore havens. Additionally, further safety and protection of investments and assets against lawsuits and creditors can be achieved offshore. What is the requirements to openning a current account at Bank Baltikums? A current account is a multi-currency account for corporate and private persons for all types of transactions in Latvian Lats other freely convertible currencies, and currencies of the CIS countries. A current account may be credited without limitation. A multi-currency account may serve for saving up money at the same time, because Baltikums Bank pays interest on positive account balance. Current Account allows: -to make transfers from the account or to credit the same, -to withdraw cash from the account and to credit the same with cash, -to make transactions in different currencies by exchanging money according to the exchange rate of the Bank, -to receive a check book, -to use remote payment services of the Bank, -to receive payment cards, -to receive information on the account turnover and balances by mail, at the Bank or by means of remote payment services. Documents required to open a current account. For companies: -the registration certificate, -by-laws (charter), -minutes of the foundation meeting or another document certifying rights the respective executives to dispose funds of the company, -copies of passports of the persons entitled to sign bank documents, -foreign companies need all the above documents registered with respective institutions of the countries. Such documents shall be legalized according to procedures stated by the law of the Republic of Latvia, and shall be submitted with translation in Latvian, Russian or English, certified by the notary, -the signature specimen card. One of junk e-mails ------------------------------------------------------------------------------------------------------------------ The most comprehensive edition of Windows Vista, Vista Business Upgrade (DVD-ROM) is the first operating system that combines all of the advanced infrastructure features of a business-focused operating system, all of the management and efficiency features of a mobility-focused operating system, and all of the digital entertainment features of a consumer-focused operating system. For the person who wants one operating system that is great for working from home, working on the road, and for entertainment, Vista Business is a no-compromise operating system that lets you have it all. Windows Vista Business contains a number of new features, the most notable of which are: Windows Vista Business combines all the features of a business-focused operating system, all the efficiency features of a mobility-focused operating system, and all of the digital entertainment features of a consumer-focused operating system; Remotely connect to business networks; Windows BitLocker Drive Encrypti on provides improved levels of protection against theft for your important business data whether you are at home, on the road, or in the office; Delivers all of the entertainment features available in Vista Home Premium; includes everything you need to enjoy the latest in digital photography, music, movies, analog TV, or even HDTV; Upgrade from your current edition of Microsoft Windows XP or Windows 2000 (including Windows XP Professional, Windows XP Home, Windows XP Media Center, Windows XP Tablet PC, Windows XP Professional x64, Windows 2000) Windows Vista Business Upgrade (DVD-ROM) Retail Price $299.00 Our Price $79.95 You save $219.05 Please note, that there will be more special offers available for our constant customers. Every effort has been made to ensure the accuracy of all information contained herein. DS Team makes no warranty expressed or implied with respect to accuracy of the information, including price, product editorials or product specifications. Product and manufacturer names are used only for the purpose of identification. We appreciate your cooperation with us and we'll be glad to see you as our clients in the future. ------------------------------------------------------------------------------------------------------------------- | ||||||||||||||||||||||||||||||||||||||||||||||||||||
