From the Publisher's Desk, March 2000
The past months have been interesting with lots of changes. Many privacy publishers and providers have gone out or have been put out of business during the past 12 months by big brother! Not good news for the industry if I say so myself. Changes continue world-wide, which rapidity decrease the number of 'rights to privacy' being allowed its citizens.
F L A S H !!!
Due to the recent heart attack of our publisher PT King, Mr. King was forced to retire. Mr. King literally had a heart attack whilst working on YOUR newsletter at his computer. PT Shamrock has changed hands and moved back to it's roots in Ireland. "Mick" Adams is the new publisher of PT Shamrock. Mick has been a long time privacy advocate, associate and good-friend of Mr. King's. Mick pledge's his continued support to privacy seekers world-wide and to also maintain PT Shamrock's high level of service. Mr. Peters has agreed to stay on during the interim period.
We wish Mr. King a speedy and full recovery plus a happy and long life in his retirement.
Latest PP report:
If you are interested in this topic we suggest you purchase Dr. Charles Freeman's new book "How To Legally Obtain a 2nd Passport" or Scope's "The Passport Report" both available from us. See our Bookstore section.
In addition we DO offer legal residency programs in Brazil (our 5 star and best residency program) as well as Central America that after a residency period (a short number of years,) which leads to citizenship and a passport. See our residency program section which can be acessed from our home page.
New Western European bank account and Visa card available only US$499! Email us for complete details.
Place "EUB Attention "Mick" Adams", in the subject heading.
Facsimile + 353 1 633 5083
Offshore World. Making use of MailDrops.
The first step in the establishment of a Mail-Drop, is to evaluate the degree of privacy you require for the activities you plan on undertaking. If you are simply looking for a single wall of privacy between yourself and a partner or the company that employs you, then a basic home countrymail-drop service will more than likely be all that you need. If on the other hand you are looking to put some distance between yourself and the authorities for any number of reasons, or simply that you are planning to move to another country at some time in the future, then you may be looking for a foreign service ( overseas/offshore ). For those with a need to even hide this personal detail, you will need to use a home country mail-drop from which to start the search for information about the locations you are interested in.
This way you are using a mail-drop to access another mail-drop, and in so doing, providing two layers of privacy while you are gather the information and contact details that you will need to move physically or other wise, 'offshore'. Whether as a private individual or as a company trying to create a foreign trading presence without physically being in the particular location, the use of a mail-drop / forwarding network can be a very effective tool. By adopting an alias you can lower your profile while you are gathering the information that you may need. Plus once you are ready to implement whatever strategy that you have devised, you can dis-connect yourself from this initial mail-drop set-up. Start afresh with your new found knowledge and leave no paper-trail to connect you with this first phase.
Tax Haven Review : Liechtenstein
The Principality of Liechtenstein lies in the region of the Upper Rhine between the Swiss Canton of ST. Gall and the Austrian Federal State of Vorariber. The population is approx. 30,000. the majority located in the Capital, Vaduz.The official language of the principality is German, plus there is a local dirlect. Many commercial transactions and communications are conducted in English. The type of law is Civil, being based upon Swiss Law with some local variations. Under a treaty with Switzerland there are no currency exchange controls and the currency is the Swiss Franc.
One of the main attractions of Liechtenstein is its extremely flexible company law which allows for the creation of any type of legal organisation which is recognised under the law of any jurisdiction in the world. There are three main types of commercial entities in use, the Establishment or Anstalt, the family foundation and the company limited by shares. The most important entity for tax purposes is the Anstalt, which is commonly used by foreign companies as a holding company for overseas subsidiaries. The Anstalt is a corporate entity which as no members, participants or shareholders and is a hybrid between a company limited by shares and a foundation. It is popular due to the fact that, with minor exceptions, it is free to conduct all kinds of business including non-trading activities such as holding passive investments.
The procedure for the establishment of Liechtenstein entities follows civil law practice. The procedure requires the submission to the Offentlichkeitsregisteramt ( Public Registry ) of the following documents:
- the Deed constituting the statutes and bye laws signed by the subscriber or agent.
- the proposed name of the company.
- the share capital, division of capital and type (where appropriate )
- a declaration that the minimum capital has been paid in cash into a Bank in either Liechtenstein or Switzerland.
- names, addresses and nationalities of directors and confirmation that they consent to act as directors.
- names, addresses of shareholders ( for Installs )
- confirmation that a Liechtenstein resident representative has been appointed.
A Liechtenstein body corporate or trust cannot undertake the business of Banking, Insurance, Assurance, Re-Insurance, Fund Management, Collective Investment Schemes or any other activity that would suggest as association with the Banking or Financial industries.
The powers of Liechtenstein bodies corporate are contained in the Company's statutes, but may be defined in such a way to provide general powers. The language of the Legislation and Corporate documents is German, but foreign language translations can be obtained.
A registered office must be maintained in the Principality of Liechtenstein and each body corporate or trust must appoint a local representative. Generally it takes about 15 working days for an incorporation to be completed.
The minimum authorised issued and paid-up share capital for an Aktiengesellschaft is CHF 50,000.
The minimum authorised issued and paid-up share capital for an Anstalt is CHF 30,000.
The minimum authorised issued and paid-up capital for a Stiftung is CHF 30,000.
The minimum authorised and paid-up capital for a Trust is CHF 30,000. The capital of all Liechtenstein Bodies Corporate or Trusts must be expressed in Swiss Francs.
An Aktiengesellschaft pays a 4% coupon tax on dividends and an annual capital tax of 0.1% on the net asset value of the company. the annual minimum is CHF 1,000.
An Anstalt, whether commercial or non-commercial does not pay a coupon tax, but has to pay an annual capital tax of 0.1% on the net asset value of the company. The annual minimum is CHF 1,000.
A Stiftung, whether registered or deposited, does not pay a coupon tax, but has to pay an annual capital tax of 0.1% on the net asset value of the company. The annual minimum is CHF 1,000.
A Trust is not subject to tax or capital tax.
Liechtenstein has only one double-taxation treaty, and that is with Austria.
The concept of a company secretary is not recognised in the Principality of Liechtenstein, but the minimum number of directors and shareholders is one. There is no requirement for local meetings or the annual reporting of an Annual Return. However Corporations and Commercial Anstalts must submit accounts. This does not apply to Non-Commercial Anstalts.
Servissim of Andorra & Maildropnet/Ayoc World Wide .....
For those of you interested in the haven location of Andorra the company known as Servissim run by Simon Binstead provides a very comprehensive range of services. Simon has been a resident of Andorra for a good many years and has been at the forefront of providing confidential and professional services to clients wishing to take advantage of the freedoms and investment opportunities afforded by this quiet unique location.
Whether you are considering moving there to live, hold property for investment purposes, place part of your savings into a reliable tax-free deposit facility, or to make financial investments via Andorra, Servissim can be relied upon to provide you with all the information you need to know, good or bad.
What services are available? The client services provided by Servissim break down into 5 categories:
- Administration and Official. These include Company Formations, Local Licence and permit applications, Estate Administration, Translations, Vehicle registration etc. etc.
- Property Services. Administration, Permits, Construction, Conveyancing, Insurance, Valuations, Repairs, Rentals, Leasing, Investment and a lot more.
- Consultancy. Arbitration, Business and Commercial Projects, Tax Planning, Bank Related issues, Official contacts, Wills.
- Client Assistance Services. Cleaning, Home Services, Purchasing, Emergencies, Insurance, Paralegal, Mail Services, Entertainment.
- Information Services. Help Sheets, Information Sheets, Monthly Newsletter.
To cover all of these services would fill this entire newsletter, so if you would like to find out more about Servissim and its range of client services in a lot more detail, contact Simon at the address below.
Edifici Areny, Baixos,
Telephone (+376) 837836
Fax (+376) 837179
AYOC... Aircraft & Yacht Owners Communications Centre
The PT's mail drop of choice. This WORLD-WIDE mail accomadation service forwards all mail received weekly. Numerous cities and countries are available starting at just US$100 per annum (plus postage deposit.)
This drop is run for YOUR privacy! No ID is ever requested, even for their drops in the USA! Your confidentiality assured. The range of confidential and sophisticated services they offer the "PT" or offshore operator are found nowhere else, yet they charge one-tenth of the cost of their European competitors! They supply at no extra cost, your own Internet Lifetime Email address. It's yours to keep forever. Formerly, they provided Yachtsmen, Private Aircraft Owners and high net worth individuals a full service Executive Assistant Program. Now they are expanding and can offer even more. In fact, any service the customer desires can be arranged. These include record storage, encryption, voice and video conferencing. In addition invoicing, research, credit cards, safe deposit boxes, and nominee corporate directors. They have a special relationship with several Banks and provide introductions for confidential banking relationships. They can even help with visa, documents, 2nd passports and travel services-anything you can imagine and a few new wrinkles you haven't even thought of.
Mail Drop Special:
For a limited time, you can have a prestigious and confidential Swiss Business Address for just US$300.00 per annum. This limited, yet incredible offer is a fraction of the cost of Ayoc's competitors. WE CHALLENGE ANYONE TO FIND A BETTER SWISS BUSINESS ACCOMMADATION ADDRESS FOR LESS MONEY.
Contact Ayoc facsimile +33-1-53-01-31-19 or email firstname.lastname@example.org
Anonymous EUROPEAN ATM Card:
We have a limited number of truly anonymous ATM (masetro cards) available. This opportunity will surely be closed sooner, rather than later. Get your now, just $799! Conatct "Mick" Adams at: fax + 353 1 633 5083
Freedom, Wealth & Privacy Report
22 Big back-issues only $100! The FWP was quoted by Harry Schultz, as "The Very Best Privacy Newsletter!" No longer published, we have secured FWP's entire catalog, 22 big back-issues.
Once these are gone, that's it, they are gone for ever.
These reports contain Vital information that every privacy seeker shouldn't be without.
Just $100 plus $10 ground shipping or $25 air-mail as they weight nearly 2 kilo's!
Contact "Mick" Adams at Fax + 353 2 633 5083 Contact Us
Privacy: New Identity Tactics
Eden Press' brand new and hot off the press "PAPER TRIP III is now available. At just $39.95 (including shipping) It's a bargain!
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