To Petro International Offshore Company Formation Jurisdiction Anguilla Anguilla IBC Only US$299 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.

Sunset Over Shoal Bay, Anguilla

Overview Anguilla (ang-gwil'-uh) Anguilla , the most northerly of the Leeward Islands, is located at latitude 18°N and longitude 63°W. It is bounded by the Caribbean Sea and the Atlantic Ocean and is 16 miles long and three miles across at its widest point. Anguilla is a British Dependent Territory with a two-party, Parliamentary system of government. The island is governed by an Executive Council, which is comprised of the Governor (who is appointed by The Queen), the Deputy Governor, the Chief minister, three other elected Ministers, the Attorney General and Secretary to the Executive Council.

Anguilla, The Unspoiled Jurisdiction

Anguilla enjoys low humidity, refreshing trade winds and a mean monthly temperature of 80° F. The island is low-lying and ringed with twelve miles of spectacular, white sand, coral beaches, which make up thirty-three beaches and coves. Surrounding the island is a reef system and seven islets and cays, which is excellent for diving and snorkeling. The waters are clear and range in color from blue to aquamarine.

Anguilla International Business Company

Special measures have been taken to make an Anguilla International Business Company one of the most private business tools available in the offshore world. Double taxation: Anguilla do not have double taxation treaties with other countries. This means that Anguilla tax authorities do not cooperate with other countries tax authorities and confidential information regarding your business activities can not and will not be disclosed. Most names are available, however you can not use "Bank", "Trust", "Investment" or names that suggest the patronage of the Royal Family without authorization. Names must end in: "Ltd.", "Corporation", "Corp.", "Incorporated", "Inc.", "SA", "GmBH" or similar designations. Incorporations can be completed within 24 hours and shelf corporations are also available. It is possible to have bearer and no par value shares. It is possible to operate with one director, who may also be the secretary and the director/secretary may reside outside of Anguilla. Meetings may be held anywhere. A Registered office and agent must be in Anguilla ; however, no information concerning shareholders or directors needs to be disclosed. The minute book, resolutions, seal and shareholder register must be kept at the registered office. No annual return is required but an annual fee in the amount of $250 must be paid assuming all share are no par value shares. Anguilla does not have any exchange controls or double tax treaties.

Anguilla, The Real Life

Privacy Stability Convenience

• Anguilla confidentiality laws are among the most stringent in the world - providing criminal penalties for the disclosure of financial information.
• Other than the United Kingdom, Anguilla maintains no tax treaties with any countries, which further protects the privacy of your financial affairs.
• Since its independence in 1981, Anguilla have continued to practice English common law and the country's governance is patterned after the British parliamentary system.
• As all offshore transactions are exempted from any exchange controls or taxed, money can be freely moved inward and outward via wire transfer or foreign draft.

Ship Registration

For the registration of commercial vessels under the flag of Anguilla

Anguilla provides full convention registration and has entered bi-lateral trading agreements with major sea trade countries;

Individual approach and flexibility is a dominant guideline of the register;

Generally, all vessels are invited for registration;

No age restrictions are in force, providing the vessels class status is current. Exemptions from the class requirements can be made under certain conditions for cargo vessels under 500 GRT, yachts, fishing vessels and coastal vessels only. Vessels will be inspected by an appointed Surveyor prior to acceptance;

Statutory Safety Certificates are to be issued by a recognized Classification Society. The Anguilla Administration provides safe Manning Certificates, Radio Licenses and Certificate of Competency;

For the purpose of qualifying under the nationality provisions of the Act, the incorporation of an offshore company is required. There is no taxation for offshore companies for 50 years.

Summary And Key Features Single shareholder/subscriber permitted Shares may be held by Corporations or Trusts Single director allowed which may be a Corporation or Trust Non-disclosure of beneficial owners Bearer shares permitted Low fees for set-up and renewal No statutory accounting or auditing of records need to filed in Anguilla No minimum capital requirements An IBC must maintain a registered Agent and Registered Office in Anguilla Exemption from tax for 50 years There is no exchange-of-information agreement with any other country

Anguilla Boats in Road Bay Harbour

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	Exempt Excellent Common No No Nil Latin Alphabet

CORPORATE REQUIREMENTS
Minimum Number of Shareholders Minimum Number of Directors Bearer Shares Allowed Yes Corporate Directors Permitted Company Secretary Required Standard Authorized Share Capital	One One Yes Yes No US$50,000

LOCAL REQUIREMENTS
Registered Office/Agent Company Secretary Local Directors Local Meetings Government Register of Directors Government Register of Shareholders	Yes No No Yes (by proxy) No No

ANNUAL REQUIREMENTS
Annual Return Submit Accounts	Yes No

RECURRING GOVERNMENT COSTS
Minimum Annual Tax/License Fee Annual Return Filing Fee	US$ 300 US$55

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 Petro 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 petro 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 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.

Anguilla, The Paradise

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: Petro 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.

Anguilla, Peace Of Mind

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. Petro International 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 Anguilla. 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 Anguilla or wish to discuss any matter in complete confidence, please click here to contact:
Mr. John Cooper
Petro International Offshore Services

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 Petro International Group if you believe the formation of an Anguilla IBC at the present time may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.

Other Jurisdictions?

Petro International 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.