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You Can Insulate Wealth from Liability, Confiscation, or Seizure with an International Business Company (IBC) Under the Ultrasecret Laws of the Tax-Free Bahamas

• Judgments from U.S. lawsuits are not recognized in the Commonwealth of the Bahamas
• Your assets are sheltered under the world's strongest bank secrecy laws
• The Bahamas is beyond the jurisdiction of the IRS or any U.S. government agency
• Your personal and business taxes could be cut dramatically 
• IBC's make expensive, complicated Offshore Trusts obsolete

Stop Being a Target for Money-hungry Lawyers and Insatiable Tax Collectors:

David Kauffman worked hard at his profession and accumulated the rewards that go with success. Then a disgruntled client named him as a Defendant in a lawsuit and threatened to “take him for everything he owned.” But after David had a talk with the plaintiff's attorney, the suit was quietly dropped. The reason? In spite of his apparent wealth, he doesn't legally “own” anything that a lawsuit or court judgment can take. David had the foresight to shelter his assets in a judgment-proof international business company in the Bahamas.

Under the U.S. legal system, the deck is stacked in favor of the plaintiff and against the defendant. That's why so many lawyers specialize in contingency fee lawsuits in which they are paid a percentage of whatever they win for their clients. This encourages the filing of spurious lawsuits. Since a new lawsuit is filed every thirty seconds, the average business owner or professional person stands a chance of being sued several times in his or her lifetime. Under the current system, any suit, no matter how apparently worthless, can result in a ruinous judgment. Remember the woman who was awarded $2.3 million after she spilled hot coffee and herself!

Once a lawsuit has been filed, the law will not allow you to move your assets. You must act ahead of time to protect what you own before it comes under attack.

The best way to protect your assets is not to own any. Only if you own an asset is it vulnerable to attack. If you don't own, merely control it, then the asset is well protected. Some individuals try to accomplish this by forming a corporation. But most trial lawyers will tell you that, except in Nevada, a U.S. corporation offers little or no privacy or liability protection. U.S. corporate documents are of public record, and any good investigator or search firm can easily find bank accounts, investments, real estate, and other assets held by the corporation. The U.S. corporate veil is routinely ignored by the courts, and lawsuits are generally filed against the corporation and any of its officers. If the plaintiff prevails, you could lose everything.
 

Courts have ruled time and time again that people can plan their affairs so as to pay the minimum amount of tax possible and that the taxpayer may use legal means to do so. Tax laws have become so convoluted with twists and turns that many taxpayers miss opportunities that can reduce and/or defer taxes. Americans ventured into the world of offshore havens a little late in the game, nearly 40 years after the rest of the world had discovered and capitalized on the numerous legal and financial advantages of moving assets, or the control of them, out of the country. The fact is that it is both legal and quite simple to shelter one's wealth offshore.

Here's Why an IBC in the Bahamas Is the Only Choice for Maximum Asset Protection

Joel Johnson found himself under attack by several collection agencies who had succeeded in getting judgments against him and his partners. And his Nevada corporation protected his assets from their collection lawyers. But when the IRS decided money was owed them, they convinced a federal judge the pierce Joel's corporate veil and hold the officers of his Nevada corporation personally liable for some of the alleged taxes due. And Joel could do nothing. That U.S. federal judge would have no power to seize the assets of an IBC in the Bahamas!

For most people, a Nevada corporation will adequately protect their asset. And Shoreline Asset Protection Corp. helps many clients each year form a corporate shelter in Nevada. However, for those who desire – or need – the maximum in judgment-proof  asset protection, especially from a U.S. government agency, Shoreline Asset Protection Corp. recommends an international business company (IBC) in the Bahamas.
 

The first step in becoming judgment-proof is to get your assets out of your personal ownership. One of the best ways, to do this is to transfer your money, investments, vehicles, property, and other assets into an offshore corporation. This is a legal entity that you control. Lawyers for plaintiffs will only continue to pursue cases they believe will pay off, not those against judgment-proof defendants. The best way of getting the plaintiffs lawyer to accept a token settlement is to convince the lawyer that your assets are truly beyond the lawyer's reach.

By forming an offshore international business company in the Bahamas, you create a legal entity to hold assets, even do business. And no one knows who the beneficial owner is. All of the investigative agencies, which help trial lawyers, ex-spouses, ex-business partners, and creditors locate the wealth of the defendants they want to sue, will not be able to find your sheltered accounts and assets. This makes you a poor prospect for a lawsuit.
 

Even if the judgment of a U.S. lawsuit should somehow target your IBC, courts in the Commonwealth of the Bahamas do not recognize U.S. court judgments in their jurisdiction.

The ability to protect your assets is the reason many doctors, professionals, business people, and owners of small businesses have discovered IBC's as an effective way to lower liability insurance coverage. This can save them tens of thousands of dollars in premiums a year.

People who have worked for their financial rewards, and who want to keep their assets secret and out of reach of the lawyers and lawsuits or seizure by government agencies:
• Anyone who is the potential target of a lawsuit
• Anyone facing a costly divorce
•  Anyone with a high net worth
• Anyone paying high premiums for liability insurance
• Professionals and business owners
• Individuals who need to keep their financial affairs private
• Professionals working abroad
• Companies selling products abroad
• Anyone needing to separate high-risk investments from other assets
• Anyone wishing to buy securities or precious metals not available to U.S. citizens
• Artists, investors, and holders of copyrights, patents, or trademarks

Tax Haven:
Just a quick, 60 miles from Miami, the Commonwealth of the Bahamas, an independent country within The British Commonwealth of Nations, is a tax haven. There is no income, capitol gains, corporate, estate, profits, sales, value added gift, or inheritance taxes.

“Tax evasion is not illegal in the Bahamas, since we do not have income, capitol gains, or inheritance taxes. Tax evasion is not considered suitable grounds for ordering access to information about an account.”
- From a government publication covering the banking industry in the Bahamas

The Bahamas has no taxation agreements with other countries. There is no tax treaty between the U.S. and the Bahamas.

Bank Secrecy:
The Bahamas Bank and Trust Company Regulatory Act prohibits the disclosure of information pertaining to a client's affairs to a third party without the customer's written permission under penalty of law.

Major Financial Center:
The Bahamas is the largest offshore financial center in the Caribbean with more than 300 banks and trust companies. It is second only to London  as the largest Eurodollar center in the world. Nassau serves as the headquarters for the branches and subsidiaries of many large, international, financial organizations. Experienced and capable attorneys, accountants, trust officers, and bankers are available. There are no restrictions on the movement of investments, corporations, or trusts into or out of the Bahamas.

Language and Law:
English is the official language. The English common law prevails, as amended by local statutes.

Stability:
A member of the British Commonwealth, the Bahamas boasts of the third oldest democratic system in the world.

Accessibility:
The Bahamas has convenient airline connections with North and South America and with Europe. Worldwide telephone and facsimile services are excellent. Telephone calls to and from the Bahamas can be dialed directly. United States citizens may enter the Bahamas without a passport. With spotlessly clean beaches and a balmy year round temperature of 72 degrees, the Bahamas is a delightful location to visit on business or pleasure and an ideal retirement location.
 

Why an IBC?
All the Protection of an Offshore Trust with Greater Flexibility at Lower Cost

When most North Americans think of sheltering their wealth outside the country, they are apt to think of an offshore trust. And there is one controlling reason why attorneys and financial planners tend to recommend these trusts:

Trusts are disturbingly expensive to create and result in huge fees for the lawyers and financial planners.

An international business company can be set up for a fraction of the cost of most trusts, and provides equal or even better protection with far greater flexibility.

A New and Growing Form of Total Asset Protection
Since the Bahamian government enacted The International Business Companies Act in January 1990, more than 30,000 IBC's have been formed in the Bahamas. An IBC offers a corporate structure, which is a familiar and comfortable form for most business and professional people. Most IBC's will operate as regular investment or trading companies. It is possible, however, for a professional advisor to produce a “designer” company within the provisions of the Act. With a little effort,  IBC's can easily be adapted so that they resemble and function as mutual funds, limited partnerships, limited or unlimited liability companies, or charitable associations.

Bearer Shares Permitted:
The shares of an IBC may be with or without par value. They may registered, or they may be Bearer Shares – the form of stock best suited to guarantee the owners anonymity. A Bearer Share stock certificate is issued to the Bearer and may be redeemed by anyone who has it in his or her possession – just like cash. The person who has possession of the Bearer Shares of an IBC is legally the owner of the IBC. In addition to the other safeguards under Bahamian law, this makes it almost impossible for anyone to track down your ownership. It also means that when the Bearer Shares are in someone else's possession, you can truthfully testify that you do not own the IBC or its assets.

Other Advantages of IBC's:

• In the Bahamas an IBC and its shareholders are exempted from the payment of business license fees, income taxes, corporation taxes, capitol gains taxes or any other taxes on income or distribution in connection with any transaction to which the IBC or the shareholder is a party.
• No estate, inheritance, succession, or profits tax is payable in the Bahamas with respect to its shares, debt obligations or other securities.
• No stamp duty is payable on a transfer of property to or by an IBC or transaction in respect of shares, debt obligations or other securities of an IBC or any transaction relating to the business of an IBC.
• The minimum number of subscribers is two and of directors is one. Names of shareholders are not recorded in the public registry. No filing of financial statements or annual returns listing shareholders is required.
• Meeting of directors and shareholders may be held by telephone or fax or other electronic means. 
• There is a guaranteed tax exemption for a minimum of 20 years.
• The IBC may be established for any purpose not prohibited by Bahamian law.
• An IBC is not subject to Bahamian currency exchange control regulations.
• Government registration fees are low.


The Shoreline Asset Protection Corp. Offshore IBC Package:
The Shoreline Asset Protection Corp. Offshore IBC Package is all you need to create the most secure offshore shelter for your assets available today. It's quick, affordable, and complete.

Working with your Shoreline Asset Protection Corp. offshore specialist, you can form your IBC with a minimal amount of personal information. No Social Security Number is required.
 

1. Preparation and filing of the Memorandum of Association with the Registrar of Companies for the Commonwealth of the Bahamas to create and incorporate the IBC.
2. Appointment and payment of a registered agent and registered office in Nassau, Bahamas for one year for the IBC.
3. Appointment and payment of an Officer/Director to serve as Nominees for the IBC for one year.
4. A company seal, preparation of the initial Minutes, Filing of the Notice of Registered Office, and issuance of Share Certificates. Bearer Shares are allowed.
5. A corporate bank account in Nassau, Bahamas. No Social Security Number is required. Offshore credit or debit MasterCards are available to provide immediate access to funds.
6. Your IBC will formed promptly upon receipt of the fee. To insure complete anonymity, this can all be done over the telephone and payment may be made by credit card.

Experience Makes the Difference
We are members of the Asset Protection Group, which brings a wide range of professional knowledge to our clients’ needs. Some members bring previous experience in the collection business and in working with the IRS to provide you with the best asset protection package available. Others have worked professionally in management, marketing, finance, and law. In overall experience, Asset Protection Group ranks as the oldest firm in the field. And it boasts the best-trained and most knowledgeable members and consultants.

Fast, Friendly, Affordable Service
The professionals at Shoreline Asset Protection Corp. can have you IBC registered and legally operating in the Bahamas very quickly. SAPC’s state-of –the-art computer and communication systems provide rapid exchange of necessary information with specialists in Nassau. Shoreline Asset Protection Corp. consultants will guide you through the process of creating your IBC swiftly and easily. And you'll find they are always willing to take the time to be sure you understand the process. In keeping with the mission of asset protection, the company has kept its fees extremely competitive.

Check Out These Shoreline Asset Protection Corp. Advantages:

• Quality service focused on providing you with the best asset protection package available today
• You receive everything you need to legally operate your IBC
• High level of experience and credibility
• Insider knowledge of collection industry and IRS procedures
• A long list of satisfied clients
• Affordable rates
• Complete anonymity if you desire it
• The ability to lower your tax burden and protect your assets form lawyers and lawsuits


At last, the kind of offshore asset protection previously available only to the super rich!

Finally, affordable asset protection previously available only to millionaires and movie stars!