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Originally Posted by redeye

Do you actually know what a Trust is about?

A offshore trust or just trust is an important, useful, and legitimate vehicle for the transfer and management of assets. Trusts provide an effective mechanism for managing assets given to minors, individuals who are incapacitated, and others who are otherwise inexperienced in financial management. Trusts can also be used to promote charitable purposes and for estate planning. In addition to personal and financial planning, trusts are

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Originally Posted by redeye

I was just wondering if you actually know what a foundaton is?

A foundatrion is the nearest civil law equivalent to the common law trust. A foundation consists of property that has been transferred into it to serve a particular purpose and is a seperate legal entity with no owners or shareholders. Foundations are ordinarily managed by a board of directors. Some civil law jurisdictions, such as Belgium and Poland, restrict foundations to public purpose (public foundations) while other

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Originally Posted by tax-haven

Now the new year came and much has changed since the beginning of 2010 - What are the tax havens around in 2011 or is it to early to tell?

Are there any news about the well known tax havens like - Panama, Belize, St. Kits, Nevis and Bahamas?

The above should be of the general interest for anyone who are looking for asset protection or anonymous corporations with maximum privacy.

Cyprus is not Greece, is the first thing to say about the Cyprus banking sector. Although people in Cyprus have in common with those in Greece (along with other Mediterranean countries) a regrettable habit of not paying all the tax they should, and although the government has been slow and reluctant ...

As per SIBA guidelines (See page 6 and 7 click link to download) we are supposed to collect as regards the underlying owner of each new IBC:
(a) Current Passport
(b) National Identity Card
(c) Current full valid driving licence

We only need one of the above documents to stay compliant.
Further we need:
A recent utility bill and bank statement
The passport, National Identity card or current full valid driving license need to be certified by a reputable ...