| New York Stock Exchange |
 |
TO | Petro Funds |
|
Offshore Company Formation
Jurisdiction :
|
|
|
|
| From Peto Funds News Desk |
Only US$199 |
|
A warm Welcome From Petro Funds 
| Secrecy? 
|
|
Where Is Seychelles?
Paradise on Earth is what they call the Seychelles. Seemingly forgotten out in the middle of the Indian Ocean, a thousand miles from Africa, this archipelago of more than a hundred islands stretches for hundreds of miles. The warm waters, high standards and friendly people draw many year after year to these Jewels in the Ocean that are the Seychelles. Island names such as Mahe, Praslin, La Digue, Aldabra and Amirantes have enchanted travelers for years. Whichever way you turn, there is a lovely beach and upscale dining. For honeymoons, the romance of the Seychelles has everything else in the world beat, bar none. Why Seychelles? Seychelles is a new off-shore jurisdiction offering the best in the current off shore legislation of the world. An IBC - offshore corporation in Seychelles offers a long list of advantages for company owners.
Investing In Seychelles Seychelles are an investment haven as well. A foreign investor enjoys the following benefits:
POPULATION: The Seychelles has a population of around 80,000, descended primarily from French settlers, Africans, British sailors and traders from India, China and the Middle East. | One Step Short Of Heaven 
Your Offshore Company
Seychelles
|
|
POLITICAL STRUCTURE:
Discovery of the Islands is credited to the Portuguese explorer Vasco de Gama. The first French settlement was established on St. Anne Island on the 27th August 1770 and two years later this was followed by a settlement on Mahé on the site of what is now the capital city, Victoria.
In 1814 the Seychelles, along with Mauritius, were ceded to Great Britain under the terms of the Treaty of Paris. It was only in 1960 that the first gradual constitutional reforms were introduced. The Seychelles had two main political parties during the 1960’s, the Seychelles People’s Progressive Front (SPPF) and the Seychelles Democratic Party (SDP). The two parties formed a Coalition Government in 1975 with Sir James Mancham, leader of the SDP, as President and Mr. France Albert Rene, leader of the SPPF as Prime Minister. In 1977, Mr. Rene was installed as President of the Republic. Multi-party elections took place in 1992, and presidential elections were held later in the year with Mr. Rene retaining his Presidency, heading the executive arm of Government. The legislative side of Government is headed by a National Assembly of directly elected Members. Seychelles is an independent republic within the British Commonwealth. INFRASTRUCTURE AND ECONOMY: The Seychelles economy is primarily tourism and fishing based. Industrial fishing is on the increase and revenue is generated from production and the issue of licenses to foreign tuna fishing vessels. The rapidly expanding financial sector, linked to the establishment of the Seychelles International Business Authority and a suite of progressive laws facilitating the establishment of offshore structures and encouraging inward investment, is now a significant element of the economy. Take up in the Free Trade Zone is promising. The Port of Victoria's quay has two deep-water berths extending some 370 meters, and there is adequate space for container handling. The port is well equipped with modern cargo handling equipment and has more than 6,000 square meters of covered storage space. In addition to this, up to six large ocean-going vessels can be accommodated in the outer harbor at any one time. An ever-increasing number of international banks and insurance companies have established either branches or subsidiaries whom, together with local management, accounting and legal firms provide clients with support. Other contributions to the economy come from the export of coconuts (copra) and cinnamon. The export of Seychelles copra (coconuts) has increased greatly because of its high quality. The Seychelles International Airport with its 3 km runway, and modern passenger and cargo facilities, is one of the finest in the Indian Ocean region. In addition to the national flag carrier, Air Seychelles, the airport is served by five other airlines, British Airways, Emirates Airlines, Air France, Lufthansa (Condor), Kenya Airways and Aeroflot. Regular scheduled services are to London, Paris, Frankfurt, Zurich, Rome, Madrid, Dubai, Bahrain, Nairobi, Singapore, Johannesburg, Reunion and Mauritius. | 
Seychelles; beyond The Imagination...
Seychelles; An Exceptional Jurisdiction
Your Offshore Company
|
National and international telecommunications are provided by Cable and Wireless (Seychelles) Limited, part of Cable and Wireless PLC, London. The company has installed a special standard "A" earth station in Victoria and standard "D" earth stations on the other islands to give the Seychelles a state of the art telecommunications network.
|
LANGUAGE:
The official languages are English, French and Creole. English is the main language of business.
CURRENCY: Seychelles Rupee. EXCHANGE CONTROL: There is no exchange control. TYPE OF LAW: Based on English Common Law and French Civil Law. PRINCIPAL CORPORATE LEGALIZATION: The International Business Companies Act 1994. COMPANY INFORMATION TYPE OF COMPANY FOR INTERNATIONAL TRADE AND INVESTMENT: International Business Companies. PROCEDURE TO INCORPORATE: Filing of Memorandum of Incorporation at the Registry. The Articles of Association can be filed either at the same time or within 30 days of incorporation. RESTRICTIONS ON TRADING: Cannot trade within the Seychelles or own real estate there. Cannot undertake the business of banking, insurance, assurance, reinsurance, fund management, asset management (other than the company's own assets) or any other activity that would suggest an association with the banking and insurance industries. A Seychelles IBC cannot provide registered office facilities in the Seychelles, or sell its shares to the public. POWERS OF COMPANY: A Seychelles incorporated Company has the same powers as a natural person. LANGUAGE OF LEGISLATION AND CORPORATE DOCUMENTS: English or French. If any other language is used it must be accompanied by a translation in either English or French REGISTERED OFFICE REQUIRED: Yes, must be maintained in the Seychelles at the office of a licensed management company. SHELF COMPANIES AVAILABLE: Yes. TIME TO INCORPORATE: Same day, but allow five days for delivery of documentation. |
Welcome To Wealth 
Seychelles Secrecy?
|
|
NAME RESTRICTIONS:
Anything identical or similar to a company already incorporated. Anything that implies patronage of the Seychelles, or any other government, insurance, royal, imperial or any other name that may imply that a company intends to undertake a licensable or undesirable activity.
LANGUAGE OF NAME: The name can be in any language, but must be accompanied by a translation into an official language. SUFFIXES TO DENOTE LIMITED LIABILITY: Limited, Corporation, Incorporated, Sociètè Anonyme or their abbreviations. Other suffixes such as BV, GmbH, SARL may also be used. DISCLOSURE OF BENEFICIAL OWNERSHIP TO AUTHORITIES: No. |
The Relaxing Jurisdiction 
|
COMPLIANCE:
AUTHORIZED AND ISSUED SHARE CAPITAL: Seychelles IBCs are normally incorporated with an authorized share capital of US$ 5,000 with par value. This being the maximum for the minimum license fees. The authorized share capital may be expressed in any currency. The minimum issued capital is either one share of no par value or one share 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: An International Company is exempted from local taxation.
|
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 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 Petro 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. 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. |
Cheers!!! 
Go Offshore And
Seychelles;
Your Offshore Company,
|
|
Other Services:
Petro Funds 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: For one payment US$599 Petro Funds will provide the following:
| Far...Far From Creditors 
Seychelles Islands;
|
|
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 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 Seychelles Islands Tax Exempt Company's 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 Seychelles Islands or wish to discuss any matter in complete confidence, please click here
to contact: | 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 Petro Funds if you believe the formation of a Seychelles Islands Tax Exempt Company at the present time may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL. |
|
Petro 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.
 | There is only one Petro Funds. Our scope, financial strength, balance, depth of talent and integrity have made us our clients' trusted global advisor. |  |
|
 |
