The GAO did not review specific transactions of the companies they listed on their outline to see if the companies purposely created offshore bank accounts in order to avoid paying U.S. taxes. It was stated however that previously, offshore subsidiaries are used for reducing taxes and shielding transactions from the view of the public which [...]
It has been proven by a recent government study that most of America’s largest publicly traded corporations have used offshore company incorporation which assists them in U.S. tax avoidance. One of the most interesting points of this find is that some of these companies have actually received assistance from the US Government in the form [...]
Recently APGI was approached by a client who was the proud holder of a World Passport issued by the World Service Authority and the client requested a complete offshore company incorporation. First our offices were a little surprised as well as shocked to see an individual making such a request since this is a little [...]
In today’s ever changing economical world, assets protection is one of the most talked about topics in social circles today. One of the reasons is that Obama seems to be wanting to go after and attack people’s wealth which will affect anyone from the individual with a slightly negative net worth up to the millionaire [...]
Mr. Obama is at it again and is trying to spread the wealth and make assets protection illegal for the masses. He is currently toying with the idea of hiring a special task force to go after offshore jurisdictions as well as companies. Now, Obama thinks he can search and locate companies held by US [...]
There are many individuals looking for onshore asset protection but they are not aware that they can achieve this in conjunction with offshore entities. One of the best ways to achieve onshore protection is by adding offshore elements to the structure such as an IBC to hold liquid assets. In many cases those who wish [...]
Asset protection planning offshore has several different features as well as components such as an offshore bank account in which to provide protection and anonymity. Asset protection structures normally have two parts which are the offshore company as well as the bank account. The company provides the shield between the end user and the rest [...]
Hot off the press! Our correspondent bank in Belize has just rolled out their new credit cards for offshore bank accounts. Our Belize Bank has just rolled out their complete Master Card backed and approved suite of card services in order to compliment their offshore bank accounts. The services include prepaid debit cards (also known [...]
The BVI has seen a major surge in offshore company incorporation since the recent G20 “black list” was issues. Since the jurisdiction was not blacklisted and many know the jurisdiction for its previous track record as well as its fame as one of the first offshore jurisdictions in the modern world. The BVI has always [...]
One of the features of most offshore bank accounts are the variety of debit and credit cards that can be had in order to access funds. There is one basic difference between credit cards that are offered by onshore banks and those offered by offshore banks are that offshore banks offer secured credit cards. May [...]
