30 PROFILES OF TAX HAVENS

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Andorra

Affiliations: France and Spain; United Nations.

Location: Western Europe, between France and Spain in the Pyrenees

Mountains.

Capital and Largest City: Andorra la Vella.

Government: Parliamentary Co-Principality of France and Spain, but remains

autonomous.

Legal System: Civil law system.

Of f icial Language: Catalan. Also speak French, Castilian Spanish, and

Portuguese.

Stability: Stable.

Currency: Euro.

International Time: 1 hr. GMT.

Country Code: 33 628.

Embassy: Embassy of Andorra/Permanent Mission to the UN, 2 United Nations

Plaza, 25th Floor, New York, NY 10017. Telephone: (212) 750-8064.

Type of Legal Entities: SC-Societate de responsibilitat limitada is a private

limited company; International Business Company (IBC).

Unique Characteristics: Strict bank secrecy. Numbered accounts. Good expatriate

haven. Not cooperating with the OECD. A blacklisted country. No

extradition treaties or diplomatic relations with the United States.

Taxation: There are no direct taxes.

Exchange Controls: None.

Treaties with the United States: No income tax treaties. No Tax Information Exchange

Agreement (TIEA). No Mutual Legal Assistance Treaty (MLAT).

Useful Web Site: http://www.andorra.ad

Business Contacts:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC, V6C 2G8, Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

Web site: www.BarberFinancialAdvisors.com

Private Bank Accounts

Banc Agricol i Commercial d’ Andorra S.A.

Center De Negoci, Av. Fiter i Rossell, 4 -bis

Escalades -Engordany, Andorra

Telephone: (376) 873-333

Fax: (376) 863-905

Banking

Banc International/Banca Mora S.A.

Av. Meritxell 96

Andorra La Vella, Andorra

Telephone: (376) 820-607

Fax: (376) 829-980

Web site: www.bancamora.ad/entrada-fra.php

Banking

Banca Privada d’ Andorra S.A.

Placa Rebes, 7

Andorra la Vella, Andorra

Telephone: (376) 808-400

Fax: (376) 867-729

Banking

Banca Reig, S.A.

Av. Meritxell 79

Andorra la Vella, Andorra

Telephone: (376) 872-872

Fax: (376) 872-875

Web site: www.andbanc.com

Banking

Caixabank, S.A.

Placa Rebes 3

Andorra la Vella, Andorra

Telephone: (376) 874-874

PROFILES OF TAX HAVENS 133

Fax: (376) 862-762

Web site: www.caixabank.ad

Banking

CPA Consultors, S.L.

Ctra. De L’Obac 12-14, PL 1, Porta 4

Andorra La Vella, Andorra

Telephone: (374) 822-081

Fax: (374) 860-978

E-mail: cpa@andorra.ad

Accounting

Servissim

Edifici Areny, Baixos, Carretera General, Arinsal, La Massana,

Principat d’Andorra

Telephone: 33 (628) 837836

Fax: 33 (628) 837179

Business Services/Real Estate/other

Anguilla

Affiliation: Overseas Territory of the United Kingdom.

Location: Leeward Islands in the Caribbean.

Capital and Largest City: The Valley.

Government: Self -governed.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: Eastern Caribbean dollar; U.S. dollar.

International Time: −4 hrs. GMT.

Country Code: 809.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: International Business Company (IBC); Limited

Liability Company (LLC); Limited Partnership; private and public companies

for onshore and offshore activities. Bearer shares are permitted.

Unique Characteristic: Bank secrecy under their Confidentiality Ordinance.

Taxation: No personal or corporate tax. No capital gains, gift, estate, inheritance,

sales, or capital transfer.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Site: www.gov.ai

Business Contacts:

Caribbean Commercial Bank (Anguilla) Ltd.

PO Box 23, The Valley

Anguilla, British West Indies

Telephone: (264) 497-2571

Fax: (264) 497-3570

E-mail: ccbaxa@anguillanet.com

Personal and Corporate Banking

C.E.G. Limited

PO Box 294, Heywood House

Anguilla, British West Indies

Telephone: (264) 497-6468

Fax: (264) 497-6080

E-mail: info@ceg.ai

Incorporation/Management

HWR Services (Anguilla) Limited

PO Box 1026, The Valley

Anguilla, British West Indies

Telephone: (264) 497-5000

Fax: (264) 497-5001

E-mail: mail@harneys.com

Full-Service Law Firm

MeesPierson Intertrust (Anguilla) Limited

Intertrust Building, The Valley

Anguilla, British West Indies

Telephone: (264) 497-2189

Fax: (264) 497-5007

E-mail: anguilla@intertrustgroup.com

Professional/Financial/Trust Services

Sinel Trust Anguilla Limited

11 Fairplay Commercial Center

PO Box 147, The Valley

Anguilla, British West Indies

Telephone: (264) 497-2189

Fax: (264) 497-5007

E-mail: jbrice@sineltrust.com

Asset Protection Trusts/Incorporations

Antigua and Barbuda

Affiliation: Commonwealth of Nations.

Location: British West Indies—Caribbean.

Capital and Largest City: St. John’s.

Government: Constitutional monarchy.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: Eastern Caribbean Dollar.

International Time: −4 hrs. GMT.

Country Code: 268.

Embassy: Embassy of Antigua and Barbuda, 3216 New Mexico Avenue, NW,

Washington, DC 20016. Telephone: (202) 362-5122.

Type of Legal Entity: International Business Company (IBC).

Unique Characteristics: Flag of Convenience. A successful tax haven that became

linked to money laundering, drug traff icking, and arms smuggling.

Taxation: A no-tax haven. Nonresidents are not taxed on income, capital gains,

or inheritance. Companies are tax-exempt for 50 years.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA and an

MLAT.

Useful Web Site: www.antigua-barbuda.com

Business Contacts:

Antigua Overseas Bank Ltd./ABI Trust Ltd./ABI Financial Group

High Street & Corn Alley

PO Box 1679

St. John’s, Antigua, West Indies

Telephone: (268) 480-2734

Fax: (268) 480-2750

E-mail: adiaz@abifinancial.com

Web site: www.abifinancial.com

Offshore Banking/Incorporation/Management

Gary D. Collins & Company

36A St. Mary’s Street, Suite No. 3

PO Box 1424

St. John’s, Antigua, West Indies

Telephone: (268) 462-2115

Fax: (268) 462-2888

E-mail: garycollins@lawyer.com

Law Firm

Global Bank of Commerce

#4 Woods Center

PO Box W1803

St. John’s, Antigua, West Indies

Telephone: (268) 480-2240

Fax: (268) 462-1831

E-mail: Customer.service@gbc.ag

Offshore Private Banking

Maritime International Ltd.

PO Box WC166

Bay View Place, Crosbies

St. John’s, Antigua, West Indies

Telephone: (268) 461-2024

Fax: (268) 462-2718

Web site: www.milonline.com

E-mail: maritime@candw.ag

Offshore Banking/Incorporations/Financial Services

Pannel Kerr Forster

Redcliffe Street

PO Box 159

St. John’s, Antigua, West Indies

Telephone: (268) 462-0827

Fax: (268) 462-4747

E-mail: pannellf@candw.ag

Onshore and Offshore Tax Services

Aruba

Affiliation: Separate entity within the United Kingdom of the Netherlands.

Location: 12 miles off the coast of Venezuela in the Caribbean.

Capital and Largest City: Oranjestad.

Government: Parliamentary democracy.

Legal System: Dutch legal system of civil and penal law.

Official Language: Dutch. Also speak Papiamento, English, and Spanish.

Stability: Stable.

Currency: Aruban guilder/florin.

International Time: −4 hrs. GMT.

Country Code: 2 978.

Embassy: Refer to the Netherlands.

Type of Legal Entity: Aruba Exempt Company (AEC) is limited by shares.

Unique Characteristic: Popular destination with beautiful beaches.

Taxation: No corporate income tax. No withholding taxes.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA. No

MLAT.

Useful Web Site: www.aruba.com/home.htm

Business Contacts:

ABN AMRO Trust Company (Aruba) Limited

Caya G.F. Betico Croes 85

PO Box 1023

Oranjestad, Aruba, Dutch West Indies

Telephone: (297) 834-225

Fax: (297) 834-178

E-mail: aatrust@cura.net

Web site: www.equitytrust.com

Incorporation/Management

Alfaro, Ferrer & Ramirez (Aruba) N.V.

Zoutmanstraat 35

PO Box 1311

Oranjestad, Aruba, Dutch West Indies

Telephone: (297) 834-323

Fax: (297) 834-781

E-mail: lopezalfaro@afra.net

Incorporation/Management

Aruba Bank Ltd.

Caya G.F. Betico Croes 41

PO Box 192

Oranjestad, Aruba, Dutch West Indies

Telephone: (297) 822-261

Fax: (297) 829-152

E-mail: fsimon@ank.com

Commercial Banking

Aruban Investment Bank

Wilhelminastraat 36

PO Box 1011

Oranjestad, Aruba, Dutch West Indies

Telephone: (297) 827-327

Fax: (297) 827-461

E-mail: alb@setarnet.aw

Investment Banking Services

Century Trust Agencies N.V.

48 L.G. Smith Boulevard

PO Box 1061

Oranjestad, Aruba, Dutch West Indies

Telephone: (297) 583-3662

Fax: (297) 583-4018

E-mail: centrust@setarnet.aw

Incorporation/Management

Ernst & Young Aruba Tax Advisors

Vondellaan 31

PO Box 197

Oranjestad, Aruba, Dutch West Indies

Telephone: (297) 824-050

Fax: (297) 824-548

International Tax Planning

MCB Trust (Aruba) N.V.

Palm Beach 4B

Noord, Aruba, Dutch West Indies

Telephone: (297) 860-590

Fax: (297) 860-593

E-mail: trust@mcb-bank.com

Incorporation/Management

Austria

Affiliations: European Union; United Nations.

Location: At the heart of Western Europe. Bordered by Germany and Czech

Republic, Italy, Yugoslavia, Switzerland, and Hungary.

Capital and Largest City: Vienna.

Government: Federal Republic.

Legal System: Based on the Federal Constitutional Act of 1920 providing for

separate judicial and administrative functions.

Official Language: German.

Stability: Stable.

Currency: Euro.

International Time: 1 hr. GMT.

Country Code: 43.

Embassy: Embassy of Austria, 3524 International Court NW, Washington DC

20006 -3027. Telephone: (202) 895-6700.

Type of Legal Entities: GesmbH—Gesellschaft mit beschrankter Haftung, a

limited liability company; AG—Aktiengesellschaft, a stock corporation,

the preferred vehicle for foreign companies operating in Austria.

Bearer shares are permitted.

Unique Characteristics: Strict bank secrecy. Good expatriate haven. Member

of the Financial Action Task Force (FATF).

Taxation: Although not a tax haven, it is a T-7 country for being an excellent

money haven. No withholding tax on investment earnings by nonresidents

as in Switzerland. The GesmbH and AG are both subject to unfavorable

taxes. Best to use a no-tax haven for offshore business purposes.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Sites: www.austria.gv.at; www.austria.org

Business Contacts:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, B.C. V6C 2G8 Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

Web site: www.BarberFinancialAdvisors.com

E-mail: Info@BarberFinancialAdvisors.com

Personal and Corporate Bank Accounts

Law Offices Dr. F. Schwank

Stock Exchange Building

Wipplingerstasse 34

A-1010 Vienna, Austria

Telephone: 43 (1) 533-5704

Fax: 43 (1) 533-5706

E-mail: offices@schwank.com

Web site: www.schwank.com

International Tax Planning/Corporate Services/Wealth Planning

Peter Zipper

Anglo Irish—Austria

PO Box 306

Rathaustrasse 20

A1011 Vienna, Austria

Telephone: 43 (1) 406 -6161

Fax: 43 (1) 405-8142

E-mail: welcome desk@angloirishbank.at

Personal Bank Accounts

The Bahamas

Affiliations: Commonwealth of Nations; United Nations.

Location: An archipelago of about 700 islands, rocks, and cays, just off the

southeast coast of Florida and stretching into the Caribbean.

Capital and Largest City: Nassau.

Government: Parliamentary democracy.

Legal System: English common law and Bahamian statute law.

Official Language: English.

Stability: Stable.

Currency: Bahamian dollar (pegged to the U.S. dollar).

International Time: −5 hrs. GMT.

Country Code: 809.

Embassy: Embassy of the Commonwealth of the Bahamas, 2220 Massachusetts

Avenue, NW, Washington, DC 20008. Telephone: (202) 319-2660.

Type of Legal Entities: International Business Company (IBC). Nonresident

and restricted banking licenses. Bearer shares in IBCs can only be issued

with the permission of the Central Bank.

Unique Characteristics: Good expatriate haven under the “Investment Promotion

Program.” Popular for holding, trading, banking, investment,

insurance, mutual fund, and shipping companies. Flag of Convenience.

The Bahamas was an excellent tax haven before 2000 and is one to

seriously avoid today if you are a U.S. citizen. But, the fishing is good!

Taxation: There are no corporate income taxes, profits, earnings, capital

gains, distribution, estate, probate, or inheritance. There are no withholding

taxes on dividends, interest, royalties, or payroll.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA and an

MLAT.

Useful Web Sites: www.bahamas.gov.bs; www.bfsb-bahamas.com

Business Contacts:

Gavin D. Cassar

Cassar and CO

Norfolk House Annex II

Market and Frederick Streets

PO Box CB-13744

Nassau, Bahamas

Telephone: (242) 328-4695

Fax: (242) 328-4694

E-mail: cassar@batelnet.bs

Incorporation/Trusts/Immigration Law

Bahamas Realty Limited

East Bay Street

PO Box N-1132

Nassau, Bahamas

Telephone: (242) 393-8616

Fax: (242) 393-0326

E-mail: brealty@bahamasrealty.bs

Web site: www.bahamasrealty.bs

Real Estate Brokers

Bank Leu Limited, Nassau Branch

The Bahamas Financial Center

Shirley & Charlotte Streets

PO Box N-3926

Nassau, Bahamas

Telephone: (242) 326 -5054

Fax: (242) 323-8828

Swiss Bank/Full Line of Services

Berkeley (Bahamas) Limited

2nd Floor, One Montague Place

East Bay Street

PO Box N-3927

Nassau, Bahamas

Telephone: (242) 502-5570

Fax: (242) 394-6841

E-mail: trader1@bahamas.net.bs

Web site: www.bbloffshore.com

Comprehensive Offshore Brokerage Services

Callenders & Co.

One Millars Court

PO Box N-7117

Nassau, Bahamas

Telephone: (242) 322-2511

Fax: (242) 322-2514

E-mail: callenders -law.com

Web site: www.callenders -law.com

Incorporation/Estate Planning/Real Estate

CIBC Trust Company (Bahamas) Limited

PO Box N-3933

Shirley Street

Nassau, Bahamas

Telephone: (242) 323-3314

Fax: (242) 328-2102

Offshore Trust Services/Management

Ernst & Young

One Montague Place

PO Box N-3231

Nassau, Bahamas

Telephone: (242) 502-6000

Fax: (242) 502-6090

E-mail: eynassau@bahamas.net.bs

International Tax Planning

Lennox Paton

Fort Nassau Center, Malborough Street

PO Box N-4875

Nassau, Bahamas

Telephone: (242) 502-5000

Fax: (242) 328-0566

E-mail: info@lennoxpaton.com

Web site: www.lennoxpaton.com

Law Firm/Incorporation/Management/Trusts/Real Estate

Montaque Securities International

Saffrey Square

Bay Street and Bank Lane, 1st Floor

PO Box N-7474

Nassau, Bahamas

Telephone: (242) 356 -6133

Fax: (242) 356 -6144

E-mail: montaque@batelnet.bs

International Investment and Financial Advice

The Winterbotham Trust Company Limited

Bolan House, 3rd Floor

King & George Streets

PO Box N-3026

Nassau, Bahamas

Telephone: (242) 356 -5454

Fax: (242) 356 -9432

Electronic Banking Services/Financial/Trust/Corporate

Bahrain

Affiliation: Arab League.

Location: This sheikdom is known as the “Pearl” in the Arabian Gulf off the

coast of Saudi Arabia.

Capital and Largest City: Al-Manamah.

Government: Constitutional monarchy.

Legal System: Based on Islamic law and English common law.

Official Language: Arabic. Other languages spoken—English, Farsi, and Urdu.

Stability: Stable.

Currency: Baharain dinar.

International Time: 3 hrs. GMT.

Country Code: 973.

Embassy: Embassy of the Kingdom of Bahrain, 3502 International Drive,

NW, Washington, DC 20008. Telephone: (202) 342-1111.

Type of Legal Entity: Unrestricted foreign company ownership.

Unique Characteristics: Bahrain is the financial hub of the Middle East and

one of the world’s most free economies with a skilled English-speaking

labor force. Home to the Bahrain Stock Exchange.

Taxation: No personal, corporate, or withholding tax.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.bahrainembassy.org

Business Contact:

Arab Banking Corporation (B.S.C.) (ABC)

ABC Tower, Diplomatic Area

PO Box 5698

Manama, Bahrain

Telephone: (973) 543-000

Fax: (973) 533-163

Web site: www.arabbanking.com

International Commercial, Merchant, and Investment Bank

Barbados

Affiliations: Commonwealth of Nations; United Nations.

Location: In the Lesser Antilles of the Caribbean.

Capital and Largest City: Bridgetown.

Government: Parliamentary democracy.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: Barbados dollar.

International Time: −4 hrs. GMT.

Country Code: 809.

Embassy: Embassy of Barbados, 2144 Wyoming Avenue, NW, Washington,

DC 20008. Telephone: (202) 939-9200.

Type of Legal Entity: International Business Company (IBC). Private and

public companies are recognized.

Unique Characteristics: Flag of Convenience. A leading e-commerce center.

Popular for banks, mutual funds, and insurance companies. Home of

the Bermuda Stock Exchange. A tax haven with horse racing.

Taxation: A low-tax haven. Effective 2006, the corporate income tax rate has

been reduced to 25 percent, and if properly structured, offshore business

could escape much of the tax altogether.

Exchange Controls: None on companies.

Treaties with the United States: There is an income tax agreement and a TIEA

and an MLAT.

Useful Web Site: www.barbados.gov.bb

Business Contacts:

Dr. Trevor A. Carmichael

Chancery Chambers

Attorneys-At-Law

Chancery House, High Street

Bridgetown, Barbados

Telephone: (246) 431-0070

Fax: (246) 431-0076

E-mail: chancery@caribsurf.com

Comprehensive Legal Services for International Business

Barclays Bank PLC (International Banking Center)

PO Box 180, Barclays House, 1st Floor

Rendezvous

Christ Church, Barbados, W.I.

Telephone: (246) 431-5294

Fax: (246) 429-4785

E-mail: barcbobc@sunbeach.net

International Bank

Citadel Bank & Trust

One Financial Place, Suite 100

Lower Collymore Rock

PO Box 118

Bridgetown, Barbados, W.I.

Telephone: (246) 430-5350

Fax: (246) 430-5353

E-mail: invest@citadelbt.com

Banking/Trust/Portfolio Management/Corporate

CLICO Mortgage and Finance Corporation

CL Duprey Financial Center

Walrond Street

Bridgetown, Barbados, W.I.

Telephone: (246) 431-4719

Fax: (246) 426 -6168

E-mail: cmfc@sunbeach.net

Incorporation/Secretarial Services/Real Estate

Deloitte and Touche

PO Box 806E

Whitepark House, White Park Road

Bridgetown, Barbados, W.I.

Telephone: (246) 429-5257

Fax: (246) 436 -7887

E-mail: rjbourque@deloitte.bb

Incorporation/Management/Accounting

Ernst & Young Trust Corporation

PO Box 261

Bush Hill, Bay Street,

St. Michael, Barbados, W.I.

Telephone: (246) 430-3900

Fax: (246) 429-6446

E-mail: eybic@caribsurf.com

Trust Services/International Tax Advise

Excelsior Bank

Tom Adams Financial Center

Bridgetown, Barbados, W.I.

Telephone: (246) 435-3155

Fax: (246) 435-3157

E-mail: excel@caribsurf.com

Full Range of Trustee Services

Garth Patterson, Attorney at Law

Dewsbury House, Aquatic Gap

St. Michael, Barbados, W.I.

Telephone: (246) 427-9551

Fax: (246) 427-7802

Incorporation/Commercial Transaction

PricewaterhouseCoopers

PO Box 111

St. Michael, Barbados, W.I.

Telephone: (246) 436 -7000

Fax: (246) 436 -7057

E-mail: pwcbb@sunbeach.net

Trustee Services/Professional Taxation/Accounting

Royal Bank of Canada (Caribbean) Corporation

2nd Floor, Building 2, Chelston Park, Collymore Rock

St. Michael, Barbados, W.I.

Telephone: (246) 429-4923

Fax: (246) 436 -7057

E-mail: mike.moodie@RBC.com

Web site: www.rbc.com

Banking/Trust/Corporate

The Towner Management Group

Second Street, Holetown

St. James, Barbados, W.I.

Telephone: (246) 432-4000

Fax: (246) 432-4004

E-mail: mailbox@towner.bb

Web site: www.towner.bb

Management of All Types of Offshore Companies

Belize

Affiliations: Commonwealth of Nations; United Nations.

Location: Central America. Formerly British Honduras. On the Caribbean

Sea between Mexico and Guatemala.

Capital and Largest City: Belize City.

Government: Parliamentary democracy.

Legal System: English common law.

Official Language: English. Also speak Spanish, Mayan, Garituna, and Creole.

Stability: Stable.

Currency: Belize dollar.

International Time: −6 hrs. GMT.

Country Code: 501.

Embassy: Embassy of Belize, 2535 Massachusetts Avenue, NW, Washington,

DC 20008. Telephone: (202) 332-9636.

Type of Legal Entity: International Business Company (IBC).

Unique Characteristics: An excellent tax haven for offshore business operations,

offshore e-commerce, and trusts. Bank secrecy. A T-7 tax haven. A

potential expatriate haven under the Qualified Persons Program. Very

strong asset protection trust laws.

Taxation: A no-tax haven.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.belize.gov.bz

Business Contact:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC V6C 2G8 Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

E-mail: info@BarberFinancialAdvisors.com

Web site: www.BarberFinancialAdvisors.com

Incorporation/Management/Personal & Corporate Bank

Accounts/Credit & Debit Cards/Pre-Paid VISA Card/Offshore

E-Commerce/Ready-made Companies

Bermuda

Affiliation: Overseas Territory of the United Kingdom.

Location: Situated 650 miles east of North Carolina in the Atlantic Ocean.

Capital and Largest City: Hamilton.

Government: Parliamentary democracy.

Legal System: English common law.

Official Language: English. Also speak Portuguese.

Stability: Stable.

Currency: Bermuda dollar.

International Time: −4 hrs. GMT.

Country Code: 809.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: Exempted company; exempted partnership; unit

trusts, overseas company by permit. Segregated accounts companies.

Flag of convenience. Ship, aircraft, and intellectual property registrations.

Many types of partnerships; trusts; a popular wealth management haven.

Unique Characteristics: In recent years, Bermuda has attracted large private

and U.S. corporations for redomiciliation. Also known for captive insurance

companies. Home of the Bermuda Stock Exchange.

Taxation: A no-tax haven. No taxes on corporate income, profit sales, value

added, withholding, or capital gains.

Exchange Controls: None.

Treaties with the United States: There is an income tax treaty and a TIEA. No

MLAT.

Useful Web Sites: www.gov.bm; www.bermuda-inc.com; www.Bermuda-

Online.com

Business Contacts:

John Harper

Managing Director

Harrington Trust Limited

Windsor Place, 4th Floor

22 Queen Street

PO Box HM 1179

Hamilton, HM EX, Bermuda

Telephone: (441) 298-7878

Fax: (441) 296 -9825

E-mail: jharper@htl.bm

Wide Range of Trustee Services

Graham Wood

Appleby Spurling & Kempe

Cedar House, 41 Cedar Avenue

PO Box HM 1179

Hamilton, HM JX, Bermuda

Telephone: (441) 295-2244

Fax: (441) 292-8666

E-mail: askcorp@ask.bm

Web site: www.ask.bm

Full Service Law Firm/Trusts/E-Commerce

The Bank of Bermuda Limited

6 Front Street

Hamilton, HM 11, Bermuda

Telephone: (441) 295-4000

Fax: (441) 299-6559

Web site: www.bankofbermuda.com

Personal and Corporate International Investment Management

The Bank of N.T. Butterfield & Son Limited

65 Front Street

PO Box HM 195

Hamilton, HM AX, Bermuda

Telephone: (441) 295-1111

Fax: (441) 292-4365

E-mail: contact@bntb.bm

Personal & Corporate Banking/Investment Management/Securities

Deloitte & Touche

“Corner House,” Church & Parliament Streets

Hamilton, HM 12, Bermuda

Telephone: (441) 292-1500

Fax: (441) 292-0961

E-mail: contact@deloitte.bm

Web site: www.deloitte.bm

Accounting/Incorporation/Management

Ernst & Young

Reid Hall, 3 Reid Street

PO Box HM463

Hamilton, HM BX, Bermuda

Telephone: (441) 295-7000

Fax: (441) 295-4680

E-mail: info.bm@ey.cm

Web site: www.ey.com/bermuda

Accounting/Legal/U.S. Tax

International Trust Company of Bermuda Limited

PO Box 1255

Bermuda Commercial Bank Building

43 Victoria Street

Hamilton, HM 12, Bermuda

Telephone: (441) 299-2875

Fax: (441) 292-6128

E-mail: ptucker@bcb.bm

Web site: www.bcb.com

Personal and Corporate Trusts/Investment Accounts

KPMG

PO Box HM 906

Hamilton, HM DX, Bermuda

Telephone: (441) 295-5063

150 TODAY ’S TAX HAVENS

Fax: (441) 295-9132

E-mail: kpmg@kpmg.bm

Web site: www.kpmg.com

Accounting/Management

LOM Securities (Bermuda) Ltd.

The LOM Building, 27 Reid Street

Hamilton, HM 11, Bermuda

Telephone: (441) 292-5000

Fax: (441) 292-3343

E-mail: info@lom.bm

Web site: www.lom.com

Securities Brokerage/Discretionary Asset Management/

Corporate Finance

Lombard Odier Darier Hentsch Trust (Bermuda) Limited

The Corner House, 20 Parliament Street

PO Box HM 2271

Hamilton, HM JX, Bermuda

Telephone: (441) 292-7817

Fax: (441) 299-8798

Incorporation/Trusts/Management/Tax Planning

St. George’s Trust Company Limited

PO Box HM 3051

Hamilton, HM NX, Bermuda

Telephone: (441) 295-1820

Fax: (441) 295-5491

E-mail: stgeorges@lom.bm

Web site: www.stgeorges.com

Trust Services

Cox Hallett Wilkinson

Milner House, 18 Parliament Street

PO Box 1561,

Hamilton, HM FX, Bermuda

Telephone: (441) 295-4630

Fax: (441) 292-7880

E-mail: cw@cw.bm

Web site: www.cw.bm

International Business Transactions

British Virgin Islands

Affiliation: Overseas Territory of the United Kingdom.

Location: A group of islands 60 miles southeast of Puerto Rico in the

Caribbean.

Capital and Largest City: Road Town.

Government: Self -governing British Crown Colony.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: U.S. dollar.

International Time: −4 hrs. GMT.

Country Code: 809.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: International Business Company (IBC). Bearer shares

are permitted. All types of trusts. Unrestricted and restricted banking

licenses.

Unique Characteristics: Trademark registrations. Flag of convenience. Popular

for IBCs, banking, mutual funds, and insurance. Great sailing waters!

Taxation: A no-tax haven.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA and an

MLAT.

Useful Web Site: www.loc.gov

Business Contacts:

ILS Fiduciary (BVI) Limited

Mill Mall, Wickhams Cay 1

PO Box 3085

Tortola, B.V.I.

Telephone: (284) 494-2999

Fax: (284) 494-5076

E-mail: ilsbvi@ils-world.com

Web site: www.ils-world.com

Incorporation/Management

Quijano & Associates (BVI) Limited

R. G. Hodge Plaza, 2nd Floor, Wickhams Cay 1

PO Box 313

Road Town, Tortola, B.V.I.

Telephone: (284) 494-3638

Fax: (284) 494-7274

E-mail: quijano@quijano.com

Web site: www.quijano.com

Incorporation/Trusts

AMS Trustees Limited/AMS Fund Management Limited/Arawak Trust

Company Limited

Sea Meadow House

PO Box 116

Road Town, Tortola, B.V.I.

Telephone: (284) 494-3399

Fax: (284) 494-3041

E-mail: ams@amsbvi.com

Web site: www.amsbvi.com

Offshore Financial and Trust Services/E-Commerce

Arawak Trust Company Limited

PO Box 173

Road Town, Tortola, B.V.I.

Telephone: (284) 494-3399

Fax: (284) 494-3041

E-mail: arawak@amsbvi.com

Offshore Financial Services/E-Commerce

Barclays Bank PLC (International Banking Center)

PO Box 70

Road Town, Tortola, B.V.I.

Telephone: (284) 494-2171

Fax: (284) 494-7405

E-mail: barcbvi@caribsurf.com

Major Currencies/Credit Cards/Mutual Funds/Int’l. Mortgages

Caribbean Corporate Services Limited

Omar Hodge Building, Wickhams Cay 1

PO Box 362

Road Town, Tortola, B.V.I.

Telephone: (284) 494-5108

Fax: (284) 494-4704

E-mail: Ccsl@surfbvi.com

Incorporation/Management/Trust Services

Deloitte & Touche

Omar Hodge Building, Wickhams Cay 1

PO Box 3083

Road Town, Tortola, B.V.I.

Telephone: (284) 494-2868

Fax: (284) 494-7889

E-mail: deloitte@deloitte.vg

Web site: www.deloitte.vg

Accounting/Taxation

Harney Westwood & Riegels/HWR Services Limited

Craigmuir Chambers

PO Box 71

Road Town, Tortola, B.V.I.

Telephone: (284) 494-2233

Fax: (284) 494-3547

Web site: www.harneys.com

E-mail: mail@harneys.com

Full Service Law Firm/Tax Planning

Jordans (Caribbean) Limited

Geneva Place, Waterfront Drive

PO Box 3469

Road Town, Tortola, B.V.I.

Telephone: (284) 494-6643

Fax: (284) 494-6615

E-mail: jordans@surfbvi.com

Web site: www.jordans -international.com

Incorporation/Management/Advice

Maitland International (Maitland & Co—Fiduciary Division)/

Midocean Management & Trust Services (BVI) Limited

9 Columbus Center, Pelican Drive

PO Box 805

Road Town, Tortola, B.V.I.

Telephone: (284) 494-4567

Fax: (284) 494-4568

E-mail: midocean@bvi.co

Web site: Maitlandgroup.com

International Accounting Firm

Moore Stephens International Services (BVI) Limited

PO Box 3186

Road Town, Tortola, B.V.I.

Telephone: (284) 494-4311

Fax: (284) 494-4312

E-mail: moorestephens@surfbvi.com

Financial Services

154 TODAY ’S TAX HAVENS

Morgan & Morgan Trust Corporation Limited (Belize) Ltd.

PO Box 958

Road Town, Tortola, B.V.I.

Telephone: (284) 494-2011

Fax: (284) 494-2015

E-mail: bvi@morimor.com

Web site: www.morimor.com

Full Service Law Firm

Mossack Fonseca & Co. (BVI) Limited

Akara Building, 24 De Castro Street, Wickhams Cay 1

PO Box 3136

Road Town, Tortola, B.V.I.

Telephone: (284) 494-4840

Fax: (284) 494-4841

E-mail: general@mossfon-bvi.com

Web site: www.mossfon-bvi.com

Incorporation/Management/Legal

Smith-Hughes Raworth & McKensie

PO Box 173

Road Town, Tortola, B.V.I.

Telephone: (284) 494-3384

Fax: (284) 494-2914

E-mail: mail@s-hrm.com

Commercial Law/Incorporation/Trusts/E-Commerce

Brunei Darussalam

Affiliations: Association of Southeast Asian Nations; Commonwealth of Nations;

United Nations.

Location: In the South China Sea off the northwest coast of Borneo.

Capital and Largest City: Bandar Seri Begawan.

Government: Independent Constitutional Sultanate.

Legal System: Civil law is based on English common law.

Official Language: Malay. Also speak English and Chinese.

Stability: Stable.

Currency: Brunei dollar.

International Time: 8 hrs. GMT.

Country Code: 673.

Embassy: Embassy of Brunei Darussalem, 3520 International Court, NW,

Washington, DC 20008. Telephone: (202) 237-1838.

Type of Legal Entity: International Business Company (IBC) limited by shares.

Unique Characteristics: Tax advantages for banking, insurance, investment

funds, and trust management.

Taxation: A no-tax haven.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.brunei.gov.bn/index.htm

Business Contacts:

Dr. Colin Ong Legal Services, Advocates & Solicitors

Suites 2.2 to 2.4

Gadong Properties Center

KM 3.5 Jalan Gadong

Bandar Seri Begawan BE4119

Negara Brunei Darussalam

Telephone: (673) 242-0913

Fax: (673) 242-0911

E-mail: onglegal@brunet.bn

Banking/Business/Insurance

PricewaterhouseCoopers

No. 1, 4th Floor, Wisma Setia

PO Box 1628

Bandar Seri Begawan BS 8673

Brunei Darussalam

Telephone: (673) 222-3341

Fax: (673) 224-2402

E-mail: pwc@brunet.bn

Accounting/Tax/Company Services

Campione (Italy)

Affiliations: Italy and Switzerland; NATO; European Union.

Location: “Campione d’Italia” is an Italian enclave surrounded by Switzerland

on Lake Lugano in the Swiss canton of Ticino.

Capital and Largest City: Rome, Italy.

Government: Republic (Italy); Campione is self -governing.

Legal System: The Italian judicial system is based on Roman law modified by

the Napoleonic Code and subsequent statutes.

Official Language: Italian.

Stability: Stable.

Currency: Swiss franc; Euro (Italy).

International Time: 1 hr. GMT.

Country Code: 41.

Embassy: Embassy of Italy, 3000 Whitehaven Street, NW, Washington, DC

20008. Telephone: (202) 612-4400.

Type of Legal Entity: Incorporated company. Consult with an Italian lawyer.

A good alternative to using a Swiss company.

Unique Characteristics: An excellent expatriate haven and good for real estate

investment. Refer to Appendix under “Offshore Citizenship and

Retirement Opportunities.” Campione is the backdoor to Switzerland.

Unrestricted access to Switzerland and Liechtenstein. Lake Lugano,

Switzerland, has 40 Swiss banks that are conveniently located to Campione.

The Italian enclave shares other common features with Switzerland

such as license plates, Swiss postal address, telephones, the Swiss

country code 41, traffic laws, and more. Italy is a member of the Financial

Action Task Force (FATF).

Taxation: A little-known no-tax haven. No income tax or local tax in Campione.

Italians have never imposed taxes on Campione and the Swiss have

no jurisdiction. Campione raises revenues for the Italian government

from its only casino.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT with Italy.

Useful Web Site: www.loc.gov

Business Contacts:

Dr. Ernst Zimmer

2 Corso Italia

CH-6911 Campione d’Italia, Switzerland

Telephone: 41 (91) 649-3340

Fax: 41 (91) 649-4268

Residency/Real Estate

Audit Consulting

Dott. Luca Bassi

Via Adamo del Pero 38

I-22100 Como, Italy

Fax: 39 (031) 26 -26 -47

E-mail: auditconsulting@tin.it

Campoine Company Formation Services

Maurizio Codurri, Managing Partner

Frau & Partners

via C. Poerio 15, I-20129 Milan, Italy

Telephone: 39 (02) 7600-3199

Fax: 39 (02) 7600-3311

E-mail: Maurizio-codurri@fraupartners.org

Lawyers/International Tax Planning/Banking

Consulting International

2 Corso Italia

CH-6911 Campione, Switzerland

Telephone: 41 (91) 649-5510

Fax: 41 (91) 649-4268

E-mail: consulting@swissonline.ch.com

Real Estate

Avv. Daniele Funghini

Via Diaz 58

I-22100 Como, Italy

Telephone: 39 (031) 26 -74 -22

Fax: 39 (031) 26 -73-10

E-mail: avvfunghini@email.it

Italian Lawyer Located Near Campione

Immobiliare Wehner

Viale Marco 27

CH-6911 Campione, Italy

Telephone: 41 (0) 91-649-7549

Fax: 41 (0) 91-649-6345

Mobile: 41 (0) 79-620-6080

E-mail: info@immowehner.ch

Web site: www.immowehner.ch

Oldest Real Estate Agency Serving Campione

International Real Estate Services

Telephone Switzerland: 41 (79) 358-2826

Telephone Italy: 39 (348) 292-4588

Telephone Liechtenstein: (423) 370-2777

Fax Switzerland: 41 (1) 274-2515

E-mail: info@lakelugano.com

Web sites: www.lofts -tessin.com; www.italianlakesproperty.com

Lake Lugano and Campione Real Estate

Christian H. Kalin

Henley & Partners AG

Kirchgasse 22

CH-8001 Zurich, Switzerland

Telephone: 41 (44) 266 -22-22

Fax: 41 (44) 266 -22-23

E-mail: chris.kalin@henleyglobal.com

Web site: www.henleyglobal.com

Swiss Residency/Citizenship

Avv. Andrea Marcinkiewicz

Via Rovelli 36

I-22100 Como, Italy

Telephone: 39 (031) 27-18 -55

Fax: 39 (031) 26 -28-38

E-mail: assolex@tin.it

Italian Lawyer Located Near Campione

Massimo Cremona, Pirola Pennuto Zei & Associati

Via Vittor Pisani 16

20124 Milan, Italy

Telephone: 39 (02) 6699-5241

Fax: 39 (02) 669-3131

E-mail: Massimo.cremon@studiopirola.com

Web site: www.studiopirola.com

Lawyers/International Tax Planning/Mergers and Acquisitions

Studio Avvocato Giovanni Acampora

Via Pompeo Magno 1

00192 Rome, Italy

Telephone: 39 (06) 321-2506

Fax: 39 (06) 321-1458

E-mail: Giordano@acampora.net

Web site: www.acampora.net

Lawyers/International Tax Planning/Asset Protection/Business trusts

Wetag Consulting

Lugano Riva Caccia 3

Lugano, Switzerland

Telephone: 41 (91) 994-6851

Fax: 41 (91) 994-6852

E-mail: info@wetag.ch

Real Estate

Cayman Islands

Affiliation: Overseas Territory of the United Kingdom.

Location: In the western Caribbean just south of Cuba.

Capital and Largest City: George Town (Grand Cayman Island).

Government: Self -governed.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: Cayman Island dollar.

International Time: −5 hrs. GMT.

Country Code: 809.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: Exempted Company; Ordinary Non-Resident; Ordinary

Resident; Limited Duration Company; Limited Liability Company

(LLC); Guarantee Company. Bearer shares are permitted in exempt

companies only. Many types of companies can be formed for special

purposes; a variety of partnerships and trusts. Class A and Class B bank

licenses are obtainable.

Unique Characteristics: Popular offshore banking center; f lag of convenience;

investment funds; securities and insurance companies. Home of

the Cayman Island Stock Exchange.

Taxation: A no-tax haven.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA and an

MLAT.

Useful Web Site: www.gov.ky; http://cayman.com.ky

Business Contacts:

AALL Trust & Banking Corporation Limited

PO Box 1166

George Town, Grand Cayman, Cayman Islands

Telephone: (345) 949-5588

Fax: (345) 949-8265

E-mail: aall@candw.ky

Private Banking/Incorporations/Trusts

Ansbacher (Cayman) Limited

PO Box 887

Grand Cayman, Cayman Islands

Telephone: (345) 949-8655

Fax: (345) 949-7946

E-mail: info@ansbacher.com.ky

Trusts/Management/Investments/Banking

Bank of Butterfield International (Cayman) Ltd.

Butterfield House, 68 Fort Street

PO Box 705 GT

Grand Cayman, Cayman Islands

160 TODAY ’S TAX HAVENS

Telephone: (345) 949-7055

Fax: (345) 949-7004

E-mail: info@bankofbutterfield.ky

Web site: bankofbutterfield.ky

Management/Investment Portfolio/Custody

Caledonian Bank & Trust Limited

Caledonian House

PO Box 1043 GT

Grand Cayman, Cayman Islands

Telephone: (345) 949-0050

Fax: (345) 949-8062

E-mail: info@caledonian.com

Web site: www.caledonian.com

Full Financial Services Provider

Cayman National Corporation

PO Box 1097 GT

Grand Cayman, Cayman Islands

Telephone: (345) 949-4655

Fax: (345) 949-0774

E-mail: cnc@caymannational.com

Web site: www.caymannational.com

Banking/Trust/Corporate/Investments/Insurance

Charles Adams, Ritchie & Duckworth

Attorneys-at-Law

PO Box 709 GT

2nd Floor, Zephyr House, Mary Street

Grand Cayman, Cayman Islands

Telephone: (345) 949-4544

Fax: (345) 949-7073

Full Service Legal Firm

Dextra Bank & Trust Co. Ltd.

Global House, North Church Street

PO Box 2004 GT

George Town, Grand Cayman, Cayman islands

Telephone: (345) 949-7844

Fax: (345) 949-2795

E-mail: dextra@candw.ky

Banking/Trusts/Investment Management

Five Continents Financial Limited/Rothschild Trust Cayman Limited

2nd Floor, Anchorage Center

PO Box 30715 SMB

George Town, Grand Cayman, Cayman Islands

Telephone: (345) 949-3022

Fax: (345) 949-3177

International Investment Advisors

Julius Baer Trust Company (Cayman) Limited

Windward III, SafeHaven Corporate Center, West Bay Road

George Town, Grand Cayman, Cayman Islands

Telephone: (345) 949-7212

Fax: (345) 949-0993

Trusts/Management/Mutual Funds

KPMG

Century Yard, Cricket Square

PO Box 493

George Town, Grand Cayman, Cayman Islands

Telephone: (345) 949-4800

Fax: (345) 949-7164

E-mail: KPMG@kpmg.ky

Web site: www.kpmg.ky

Accounting/U.S. Taxation/Management

Lines Overseas Management (Cayman) Ltd.

Buckingham Square, West Bay Road

PO Box 30997 SMB

Grand Cayman, Cayman Islands

Telephone: (345) 949-5808

Fax: (345) 949-1338

E-mail: john.swain@lom.bm

Securities Brokerage/Discretionary Asset Management

Moore Stephens

3rd Floor, West Wind Building

PO Box 1782 G

Grand Cayman, Cayman Islands

Telephone: (345) 945-5889

Fax: (345) 945-5907

E-mail: msci@candw.ky

International Professional Services

Schroder Cayman Bank and Trust Company Ltd.

PO Box 1040 GT, Harbour Center

Grand Cayman, Cayman Islands

Telephone: (345) 949-2849

Fax: (345) 949-5409

E-mail: schroder@candw.ky

Banking/Trust Services/Investment Management

Channel Islands—Guernsey

Affiliation: The Channel Islands are a Crown dependency of the United

Kingdom.

Location: A group of islands located 40 miles north of France and 110 miles

south of Britain in the English Channel.

Capital and Largest City: St. Peter Port (Guernsey).

Government: Independent jurisdiction with their own constitution. They

were once a part of the Dutchy of Normandy.

Legal System: They maintain their own legal system based on Norman law,

but local legislation is directly influenced by English common law.

Official Language: English.

Stability: Stable.

Currency: Guernsey pound.

International Time: Ground Zero—GMT.

Country Code: 44 1534.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: Exempt Company; International Business Company

(IBC); cell companies. All companies have limited liability. No bearer

shares are allowed. Shareholder identities have to be disclosed to the Financial

Services Commission. Must apply for IBC status.

Unique Characteristics: Popular for banking, trusts, investment funds, and

insurance companies. Home of the Channel Island Stock Exchange.

Taxation: Exempt companies pay a f lat nominal annual tax to be exempt

from income tax. International Business Companies pay between 0.50

percent and 2 percent tax on international profits; and 30 percent on

local-source income.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA and an

MLAT.

Useful Web Sites: www.gov.gg; www.legisgroup.com

Business Contacts:

Michael Doyle

Sark Offshore Consultancy

Castle Company Management LLC LTD

La Connellerie

Isle of Sark, Channel Islands, GY9 OSF

Telephone: 44 (01481) 832119

Fax: 44 (01481) 832738

E-mail: sales@sarkoffshore.demon.co.uk

Company Management/Full Administration Services for Channel

Island and Offshore Entities

Ansbacher (Channel Islands) Limited

PO Box 79, La Plaiderie House

St. Peter Port, Guernsey, Channel Islands, GY1 3DQ

Telephone: 44 (01481) 726421

Fax: 44 (01481) 726526

Multicurrency Banking/Investment Management

Bachmann Trust Company Limited

PO Box 175, Frances House, Sir William Place

St. Peter Port, Guernsey, Channel Islands, GY1 3DQ

Telephone: 44 (01481) 723573

Fax: 44 (01481) 711353

E-mail: enquiries@bachmanngroup.com

Web site: www.bachmanngroup.com

Full Range of Offshore Financial Services

Bank of Butterfield International (Guernsey) Limited

PO Box 25

Roseneath, The Grange

St. Peter Port, Guernsey, Channel Islands GY1 3AP

Telephone: 44 (01481) 711521

Fax: 44 (01481) 714533

E-mail: info@butterfield.gg

Banking/Trust and Corporate Services/Investment Management

Baring Asset Management (C.I.) Limited

PO Box 71

Trafalgar Court, Les Banques

St. Peter Port, Guernsey, Channel Islands GY1 3DA

Telephone: 44 (01481) 745010

Fax: 44 (01481) 745064

E-mail: enquiries@bamci.com

Web site: www.baring-asset.com

Investment Management

Barings (Guernsey) Limited

PO Box 71

Trafalgar Court, Les Banques

St. Peter Port, Guernsey, Channel Islands GY1 3DA

Telephone: 44 (01481) 745000

Fax: 44 (01481) 745050

E-mail: enquiries@bamci.com

Web site: www.baring-asset.com

International Banking/Foreign Exchange

Dixcart Trust Corporation Limited

Dixcart House

PO Box 161, Sir William Place

St. Peter Port, Guernsey, Channel Islands GY1 4EZ

Telephone: 44 (01481) 723996

Fax: 44 (01481) 727417

E-mail: advice@dixcart.co.gg

Web site: www.dixcart.com

Formations/Investment Management/Tax Planning/E-Commerce

Generali International

Generali Worldwide

PO Box 613

Les Echelons Court, South Esplanade

St. Peter Port, Guernsey, Channel Islands GY1 4PA

Telephone: 44 (01481) 714108

Fax: 44 (01481) 712424

E-mail: enquiries@generali-guernsey.com

Web site: www.generali-gi.com

Investment Life Products

Investec Bank (Channel Islands) Limited

PO Box 188

La Vieille Cour

St. Peter Port, Guernsey, Channel Islands GY1 3LP

Telephone: 44 (01481) 723506

Fax: 44 (01481) 720844

E-mail: enquiries@investec-ci.com

Web site: www.investec-ci.com

Private Banking for International Investors

KPMG

PO Box 235

2 Grange Place, The Grange

St. Peter Port, Guernsey, Channel Islands GY1 4LD

Telephone: 44 (01481) 721000

Fax: 44 (01481) 722373

International Tax Planning/Accounting

Leopold Joseph & Sons (Guernsey) Limited

PO Box 244

Albert House, South Esplanade

St. Peter Port, Guernsey, Channel Islands GY1 3QB

Telephone: 44 (01481) 712771

Fax: 44 (01481) 727025

E-mail: info@leopoldjoseph.com

Private Global Banking

Old Mutual International (Guernsey) Limited

Fairbairn House

PO Box 121, Rohais

St. Peter Port, Guernsey, Channel Islands GY1 3HE

Telephone: 44 (01481) 726726

Fax: 44 (01481) 728953

Wide Range of Investment Funds

Olsen Ferbrache Morgan

PO Box 212

Hadsley House, Lefebvre Street

St. Peter Port, Guernsey, Channel Islands GY1 4JE

Telephone: 44 (01481) 712277

Fax: 44 (01481) 710900

E-mail: enquiry@ofmlaw.com

Web site: www.ofmlaw.com

Investment Funds/Banking/Trust/Fiduciary/Corporate

Ozannes

PO Box 186

1 Le Marchant Street

St. Peter Port, Guernsey, Channel Islands GY1 4HP

Telephone: 44 (01481) 723466

Fax: 44 (01481) 727935

E-mail: advocates@ozannes.com

Web site: www.ozannes.com

Banking/Finance/E-Commerce/Investment Funds

St. Peters Trust Company Limited

Quay House, South Esplanade

St. Peter Port, Guernsey, Channel Islands GY1 4EJ

Telephone: 44 (01481) 723674

Fax: 44 (01481) 711541

E-mail: quay@quayport.demon.co.uk

Trust and Management Services/Asset Protection Strategies

Channel Islands—Jersey

Affiliation: The Channel Islands are a Crown dependency of the United

Kingdom.

Location: A group of islands located 40 miles north of France and 110 miles

south of Britain in the English Channel.

Capital and Largest City: St. Helier ( Jersey).

Government: Independent jurisdiction with their own constitution. They

were once a part of the Dutchy of Normandy.

Legal System: They maintain their own legal system based on Norman law,

but local legislation is directly influenced by English common law.

Official Language: English.

Stability: Stable.

Currency: Jersey pound.

International Time: Ground Zero—GMT.

Country Code: 44 1539.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: Exempt Private Company limited by shares. International

Business Company (IBC). Private and public companies

are recognized.

Unique Characteristics: Popular for fixed interest and discretionary trusts.

Not appropriate for clients who require maximum privacy. Not the most

cost-effective offshore jurisdiction.

Taxation: Exempt companies pay a f lat nominal annual tax to become exempt

from income tax. International companies can negotiate an income tax

rate between 0 and 30 percent. There is a minimum 2 percent income

tax on foreign-source income and 30 percent on local-source income.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA and an

MLAT.

Useful Web Site: www.gov.je

Business Contacts:

Michael Doyle

Sark Offshore Consultancy

Castle Company Management LLC LTD

La Connellerie

Isle of Sark, Channel Islands, GY9 OSF

Telephone: 44 (01481) 832119

Fax: 44 (01481) 832738

E-mail: sales@sarkoffshore.demon.co.uk

Company Management/Full Administration Services for Channel

Island and Offshore Entities

Abbey National Offshore

PO Box 545, International House

41 the Parade

St. Helier, Jersey, Channel Islands JE4 8XG

Telephone: 44 (01534) 885100

Fax: 44 (01534) 828884

E-mail: sales@abbeynationaloffshore.com

Web site: www.abbeyinternational.com

Offshore Banking/Multiple Currencies

AIB Bank (CI) Limited

PO Box 468

AIB House, Grenville Street

St. Helier, Jersey, Channel Islands JE4 8WT

Telephone: 44 (01534) 883000

Fax: 44 (01534) 883112

E-mail: one@aiboffshore.com

Web site: www.aiboffshore.com

Offshore Financial Services/Wealth Management

Ashburton ( Jersey) Limited

PO Box 239

17 Hilary Street

St. Helier, Jersey, Channel Islands JE4 8SJ

Telephone: 44 (01534) 512000

Fax: 44 (01534) 512022

E-mail: enquiries@ashburton.com

Web site: www.ashburton.com

Discretionary Investment Management

Bank of Scotland International

PO Box 664

Halifax House

31–33 New Street

St. Helier, Jersey, Channel Islands JE4 8YW

Telephone: 44 (01534) 613500

Fax: 44 (01534) 759280

Comprehensive Banking and Investment Products and Services

Basel Trust Corporation (Channel Islands) Limited

PO Box 484

3 Old Street

St. Helier, Jersey, Channel Islands JE4 5SS

Telephone: 44 (01534) 500900

Fax: 44 (01534) 500901

E-mail: info@baseltrustjersey.com

Web site: www.baseltrustjersey.com

Estate Planning Services/Offshore E-Commerce

The Beresford Group

Beresford House, Bellozanne Road

St. Helier, Jersey, Channel Islands JE2 3JW

Telephone: 44 (01534) 879502

Fax: 44 (01534) 733405

E-mail: gary@bergroup.com

Web site: www.bergroup.com

Company/Trust/Tax/Asset Protection/Investments

Citco Jersey Limited

Le Masurier House

La Rue Le Masurier

St. Helier, Jersey, Channel Islands JE4 8RD

Telephone: 44 (01534) 756700

Fax: 44 (01534) 756799

E-mail: jersey-trust@citgo.com

Web site: www.citgo.com

Incorporation/Management/Funds

Deutsche Bank Offshore

PO Box 727

St. Paul’s Gate

St. Helier, Jersey, Channel Islands JE4 8ZB

Telephone: 44 (01534) 889900

Fax: 44 (01534) 889911

E-mail: db.offshore@db.com

PROFILES OF TAX HAVENS 169

Web site: www.dboffshore.com/offshore

Discretionary Investment Management/Corporate Services

Ernst & Young LLP

Unity Chambers

28 Halkett Street

St. Helier, Jersey, Channel Islands JE1 1EY

Telephone: 44 (01534) 288600

Fax: 44 (01534) 288688

Web site: www.ey.com/channel_islands

International Tax Planning

Galsworthy & Stones

PO Box 145

Hawksford House

Caledonia Place

St. Helier, Jersey, Channel Islands JE4 8QP

Telephone: 44 (01534) 836800

Fax: 44 (01534) 836999

E-mail: mail@galsworthy.com

Web site: www.galsworthy.com

Banking and Finance/Trusts/Wills/Estates

Gerrard Private Bank ( Jersey) Limited

28 New Street

St. Helier, Jersey, Channel Islands JE2 3TE

Telephone: 44 (01534) 887889

Fax: 44 (01534) 509725

E-mail: jer@gerrardpb.com

Web site: www.gerrardpb.com

Private Banking/Discretionary Investment Management

Hill Samuel Jersey Limited

PO Box 63, 7 Bond Street

St. Helier, Jersey, Channel Islands JE4 8PH

Telephone: 44 (01534) 604604

Fax: 44 (01534) 604606

E-mail: hsj@hillsamjsy.co.uk

Web site: www.hillsamjsy.co.uk

Private Banking/Discretionary Investment Management

HSBC Bank International Limited

PO Box 26

28/34 Hill Street

St. Helier, Jersey, Channel Islands JE4 8NR

Telephone: 44 (01534) 606000

Fax: 44 (01534) 606001

Web site: www.offshore.hsbc.com

Personal and Corporate Banking and Investment Services

Insinger de Beaufort (International) Limited

PO Box 177

38–39 Esplanade

St. Helier, Jersey, Channel Islands JE4 8RF

Telephone: 44 (01534) 708090

Fax: 44 (01534) 708050

E-mail: infojrs@int.insinger.com

Asset Management/Securities Dealer

Lloyds TSB Bank

Jersey International

PO Box 788, 25 New Street

St. Helier, Jersey, Channel Islands JE4 82E

Telephone: 44 (0134) 736626

Personal Offshore Banking/Debit Cards

Regent Tax Consultants Limited

PO Box 621, Le Galais Chambers

54 Bath Street

St. Helier, Jersey, Channel Islands JE4 8YD

Telephone: 44 (01534) 501311

Fax: 44 (01534) 501313

E-mail: tax enquiries@rbc.com

Web site: www.rbc.com

Tax Advisors for U.S./U.K. Persons

Standard Bank Offshore

Standard Bank House

PO Box 583

47–49 La Motte Street

St. Helier, Jersey, Channel Islands JE4 8XR

Telephone: 44 (01534) 881188

Fax: 44 (01534) 881133

E-mail: sboff@sboff.com

Web site: www.sboff.com

Offshore Bank Services/Securities/Investment Management

Banking and Investment Services for International Clients

Voisin & Co.

PO Box 31

Templar House, Don Road

St. Helier, Jersey, Channel Islands JE4 8NU

Telephone: 44 (01534) 500300

Fax: 44 (01534) 500350

E-mail: mail@voisinlaw.com

Web site: www.voisinlaw.com

International Commercial Law Firm

Cook Islands

Affiliation: New Zealand.

Location: This group of 15 islands is strung across the South Pacific between

Samoa to the west and French Polynesia to the east.

Capital and Largest City: Avarua (Rarotonga).

Government: Self-governing New Zealand territory under their own constitution.

Legal System: English common law.

Official Language: English. Also speak Maori.

Stability: Stable.

Currency: New Zealand dollar.

International Time: −10.5 hrs. GMT.

Country Code: 682.

Embassy: Embassy of New Zealand, 37 Observatory Circle, NW, Washington,

DC 20008. Telephone: (202) 328-4800.

Type of Legal Entities: International Business Company (IBC). Optional limited

by shares or guarantee and no liability and unlimited liability. Modern

and innovative trust legislation. Class A and Class B bank licensing.

Unique Characteristics: Special penal code for bank confidentiality. Excellent

jurisdiction for establishing an asset protection trust, like Nevis and

Belize. A very favorable tax haven with good legal and financial support.

Taxation: A no-tax haven.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Sites: www.ck/govt.htm; www.cook-islands.gov.ck

Business Contacts:

ANZ Banking Group Ltd.

PO Box 907

Rarotonga, Cook Islands

Telephone: (682) 21750

Fax: (682) 21760

Bank and Financial Services

Asiaciti Trust Pacific Limited

Level 3, CIDB Building

PO Box 822

Rarotonga, Cook Islands

Telephone: (682) 23387

Fax: (682) 23385

E-mail: altaylor@asiaciti.com

Web site: www.asiaciti.com

Incorporation/Management/Asset Protection Trusts

Clarkes P.C.

PO Box 123

Rarotonga, Cook Islands

Telephone: (682) 24567

Fax: (682) 21567

Solicitors

Cook Islands Savings Bank

PO Box TX

Rarotonga, Cook Islands

Telephone: (682) 29471

Fax: (682) 20471

Bank and Financial Services

Cook Islands Trust & Banking Corporation Ltd.

1st Floor, CIDB Building, Main Road

Rarotonga, Cook Islands

Telephone: (682) 24538

Fax: (682) 24539

E-mail: trustbk@citrust.org.ck

Financial Structures/Asset Protection/Trusts

KPMG Peat Marwick

Parekura Place Tutakimoa Road

PO Box 691

Avarua Rarotonga, Cook Islands

Telephone: (682) 20486

Fax: (682) 21486

E-mail: office@kpmg.co.ck

Accounting/Tax Management

Miller Howard & Lynch

PO Box 39

Panama, Rarotonga, Cook Islands

Telephone: (682) 21043

PROFILES OF TAX HAVENS 173

Fax: (682) 21143

Solicitors

Short, Carolyn & Associates

PO Box 632

Rarotonga, Cook Islands

Telephone: (682) 24530

Fax: (682) 24531

Accountants

Southpac Trust Limited

ANZ House, Main Street

PO Box 11

Avarua, Rarotonga, Cook Islands

Telephone: (682) 20514

Fax: (682) 20667

E-mail: offshore@southpak.co.uk

Banking and Financial Services/Asset Protection Trusts

TrustNet (Cook Islands) Limited

CIDB Building, Avarua

PO Box 208

Rarotonga, Cook Islands

Telephone: (682) 21080

Fax: (682) 21087

E-mail: invest2trustnet.co.uk

Offshore Corporate and Trustee Services

Westpac Banking Corporation

PO Box 42

Rarotonga, Cook Islands

Telephone: (682) 22014

Fax: (682) 20802

Bank and Financial Services

Cyprus

Affiliations: European Union; Commonwealth of Nations; North Atlantic

Treaty Organization; United Nations.

Location: In the eastern Mediterranean Sea off the coast of Turkey near the

western coast of Syria.

Capital and Largest City: Lefkosia (Nicosia).

Government: Republic.

Legal System: Predominantly based on English common law.

Official Language: Greek, Turkish. Also speak English.

Stability: There is ongoing hostility between the Turkish Cypriots and the

Greek Cypriots. The United Nations has established a UN-occupied

cease-fire zone while negotiations continue. At stake are recent European

Union economic benefits, which are an incentive to both sides, to

resolve differences.

Currency: Cyprus pound.

International Time: 2 hrs. GMT.

Country Code: 357.

Embassy: Embassy of the Republic of Cyprus, 2211 R Street, NW, Washington,

DC 20008. Telephone: (202) 462-5772.

Type of Legal Entities: Offshore Limited Company. Application must be

made to the Central Bank along with references on shareholders.

Unique Characteristics: Flag of convenience. All types of business activities

are based in Cyprus.

Taxation: The offshore company pays 10 percent tax on net profits. With proper

tax planning and an understanding of the available tax treaties, Cyprus is

a favorable low-tax jurisdiction within the European Union (EU).

Exchange Controls: Nonresident-owned companies are exempt from exchange

controls.

Treaties with the United States: There is an income tax treaty. No TIEA. No MLAT.

Useful Web Sites: www.cyprus.gov.cy; http://kypros.org/Government

Business Contacts:

Andreas Neocleous & Co

Advocates & Legal Consultants

Neocleous Huose

199, Arch Makarios III Avenue

PO Box 50613

Limassol, Cyprus

Telephone: 357 (25) 362-818

Fax: 357 (25) 359-262

E-mail: david.stokes@neocleous.com

Web site: www.neocleous.com

Incorporation/Management/International Tax Law

Areti Charidemou & Associates

Law Office

21 Vasili Michailidi Street

3026 Limassol, Cyprus

Telephone: 357 (25) 746 -103

Fax: 357 (25) 344-019

E-mail: areti@aretilawyers.com

Web site: www.aretilawyers.com

Incorporation/Management/Taxation/Trusts

Bank of Cyprus Ltd.

51 Stassinos Street

Ayia Paraskevi Strovolos

PO Box 21472

1599 Nicosia, Cyprus

Telephone: 357 (22) 237-8000

Fax: 357 (22) 237-8327

Banking and Financial Services

The Bonalbo Group

4th Floor, 5 Costis Palamas Street

PO Box 29000

2084 Nicosia, Cyprus

Telephone: 357 (22) 846 -000

Fax: 357 (22) 846 -111

E-mail: cyprus@bonalbo.com

Web site: www.bonalbo.com

Incorporation/Management/Trusts/Taxation

Costas P. Erotocritou

C. P. Erotocritou & Co.

Libra Tower, 23 Olympion Str.

PO Box 50437

3605 Limassol, Cyprus

Telephone: 357 (25) 363-665

Fax: 357 (25) 341-500

E-mail: themis@cperotocritou.com

Web site: www.cperotocritou.com

Incorporations/Partnerships/Trusts/Ship Registrations

Ernst & Young

Nicosia Tower Center

36 Byron Avenue

PO Box 1656

Nicosia, Cyprus

Telephone: 357 (22) 467-000

Fax: 357 (22) 365-870

E-mail: lakoufis@logos.cy.net

International Tax Planning

Financial Consultants International (FCI) Ltd.

2 Chr Sozos Street, Eiffel Tower, 3rd Floor

PO Box 21439

1508 Nicosia, Cyprus

Telephone: 357 (22) 673-801

Fax: 357 (22) 665-297

E-mail: horwath@horwathpk.com.cy

Web site: www.horwathpk.com.cy

Incorporation/Management/Accounting/Tax Advice

Horwath P. Kalopetrides & Co.

2 Chr Sozos Street, Eiffel Tower, 3rd & 6th Floors

PO Box 21855

1514 Nicosia, Cyprus

Telephone: 357 (22) 669-017

Fax: 357 (22) 665-297

E-mail: horwath@horwathpk.com.cy

Web site: www.horwathpk.com.cy

Incorporation/Management/Tax Advice

Jordan National Bank PLC (International Banking Unit)

1 Anexartissias Street

Pecora Tower, 2nd Floor

PO Box 53587

3303 Limassol, Cyprus

Telephone: 357 (25) 356 -669

Fax: 357 (25) 356 -673

E-mail: jnb@cytanet.com.cy

Private and Commercial Banking

Jordans (Cyprus) Limited

Klimentos Tower, No. 13, 41–43, Klimentos Street

PO Box 26692

1646 Nicosia, Cyprus

Telephone: 357 (22) 767-294

Fax: 357 (22) 767-202

E-mail: info@jordans.com.cy

Web site: www.jordans -international.com

Incorporation/Management/Tax Advice

KPMG

Elma House, 10 Mnasiadou Street

PO Box 21121

1502 Nicosia, Cyprus

Telephone: 357 (22) 678-700

Fax: 357 (22) 678-200

E-mail: Nicosia@kpmg.com.cy

Web site: www.kpmg.com.cy

Offshore Tax Specialists

L. Papaphilippou & Co.

1, Costakis Pantelides Avenue

1010 Nicosia, Cyprus

PO Box 22313

1520 Nicosia, Cyprus

Telephone: (357) 226 -74141

Fax: (357) 226 -73388

E-mail: papaphilippou@lawcy.com

Web site: www.lawcy.com

Law Firm

The National Bank of Greece (Cyprus) Ltd.

15 Arch Makarios Avenue

PO Box 21191

1597 Nicosia, Cyprus

Telephone: 357 (22) 840-000

Fax: 357 (22) 762-080

E-mail: nbgibu@spidernet.com.cy

International Banking/Financial Services

P. G. Economides & Co.

Totalserve House, 17, Gr. Xenopoulou Street

PO Box 53117

3300 Limassol, Cyprus

Telephone: 357 (25) 866 -300

Fax: 357 (25) 866 -301

E-mail: audit@pgeconomides.com

Offshore Accounting and Taxation

Dubai, United Arab Emirates

Affiliations: Arab League; Organization of Petroleum Exporting Countries;

United Nations.

Location: Eastern portion of the Arabian peninsula, strategically located between

the Persian Gulf and the Gulf of Oman. Nearby countries are

Saudi Arabia, Oman, and Qatar.

Capital and Largest City: Abu Dhabi (Capital); Dubai (largest).

Government: Federation formed by seven emirates known collectively as Trucial

States.

Legal System: Federal court system introduced in 1971, except Dubai and

Ra’s al Khaymah, which are not fully integrated into the federal court

system. All emirates have secular courts to adjudicate criminal, civil,

and commercial matters.

Official Language: Arabic. Also speak Persian, Hindi, Urdu. Fluent English

spoken in Dubai’s business world.

Stability: Stable.

Currency: U.A.E. dirham.

International Time: 4 hrs. GMT.

Country Code: 971.

Embassy: Embassy of the United Arab Emirates, 3522 International Court,

NW, Washington, DC 20008. Telephone: (202) 243-2400.

Type of Legal Entities: There are seven types of business establishments, including

private and public companies, joint venture companies, and

various partnerships.

Taxation: No corporate income tax on profits; exempt for 15 years. No withholding

taxes.

Exchange Controls: None in Dubai.

Unique Characteristics: Dubai is quickly becoming the “Hong Kong of the

Middle East.” The Dubai International Financial Center and several

other free trade zones are the hub of the offshore trade. Encourages

e-commerce through the Dubai Internet City formerly known as Dubai

Technology, Electronic Commerce, and Media Free Zone. The ruling

family are known worldwide as owners and breeders of fine Thoroughbred

racehorses. They actively support the sport with an outstanding

program of important international races within their own country.

Treaties with the United States: No MLAT.

Useful Web Site: http://web-vgn.dubai-e.gov.ae:8083

Business Contacts:

Arab Emirates Investment Bank PJSC

Office No. 904, Twin Towers, Baniyas Street

Deira, PO Box 5503

Dubai, United Arab Emirates

Telephone: 971 (4) 2222-191

Fax: 971 (4) 2274-351

E-mail: aeibank@emirates.net.ae

Equity and Bond Market Investments/Portfolio Management

BDO Patel & Al Saleh

Al Futtaim Tower, Suite 304/305, Al Maktoum Street

Deira, PO Box 1961

Dubai, United Arab Emirates

Telephone: 971 (4) 222-2869

Fax: 971 (4) 227-4867

E-mail: bdopatel@emirates.net.ae

Incorporation/Financial Consulting/Tax Planning

Mahendra Asher & Co., Chartered Accountants

Nasa Building, Flat #203, Al Maktoum Street

Deira, PO Box 4421

Dubai, United Arab Emirates

Telephone: 971 (4) 2227-580

Fax: 971 (4) 2233-715

E-mail: masherdb@emirates.net.ae

Web site: mahendraasherco.com

Incorporation/Management/Accounting

Pannell Kerr Foster

301–303 Al Maiden Tower-2, Al Maktoum Street

PO Box 13094

Dubai, United Arab Emirates

Telephone: 971 (4) 223-6508

Fax: 971 (4) 223-4524

E-mail: Dubai@pkfuae.com

Web site: pkfuae.com

International Tax Planning

Sovereign Corporate Services

Suite 201, National Bank of Umm Al Qaiwain Building

Khalid Bin Al Waleed Road

Bur Dubai, PO Box 62201

Dubai, United Arab Emirates

Telephone: 971 (4) 397-6552

Fax: 971 (4) 397-8355

E-mail: Dubai@sovereigngroup.com

Web site: www.sovereigngroup.com

Incorporation/Management/Trustees/Tax Planning/E-Commerce

Gibraltar

Affiliations: Overseas Territory of the United Kingdom; European Union.

Location: At the tip of the Iberian peninsula in the southernmost part of

Spain at the Strait of Gibraltar. This is the narrowest point between Europe

and Africa at the west end of the Mediterranean Sea.

Capital and Largest City: Gibraltar.

Government: Self -governing under its own constitution. Spain has attempted

to gain sovereignty away from Britain for years without success.

Legal System: English common law.

Official Language: English. Also speak French and Spanish.

Stability: Stable.

Currency: Gibraltar pound.

International Time: 1 hr. GMT.

Country Code: 350.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: Exempt company; a nonresident company; a Gibraltar

1992 company; a hybrid company. Partnerships, trusts, and foundations

can also be established.

Unique Characteristics: Flag of convenience. Known for banking, insurance

companies, fund management, holding companies, and trusts. An exempt

company pays no taxes of any kind for 25 years.

Taxation: Qualifying exempt companies pay between 0 and 35 percent annual

corporate income tax.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Site: www.gibraltar.gov.gi

Business Contacts:

Argenta & Magnum Management Company Ltd.

206 Neptune House, Marina Bay

PO Box 268

Gibraltar

Telephone: (350) 45460

Fax: (350) 45450

E-mail: argenta@gibnynex.gi

Incorporation/Management/Alternative Citizenships

Attias & Levy

First Floor Suites, 3a Irish Town

Gibraltar

Telephone: (350) 72150

Fax: (350) 74986

E-mail: attlev@gibraltar.gi

Web site: www.attiaslevy.gi

Corporate Services/Trusts/Banking/Ship Registration

Europa Trust Company Limited

Suite 24, Watersgardens 6

PO Box 629

Gibraltar

Telephone: (350) 79013

Fax: (350) 70101

E-mail: info@europa.gi

Web site: www.europa.gi

Incorporations/Trusts/ Yacht Registration

Hodgson Bilton

3rd Floor, Mansion House

143 Main Street

Gibraltar

Telephone: (350) 76498

Fax: (350) 76487

E-mail: jhodgson@sovereigngroup.com

Business Law/Tax/Estate/Trusts

Jordans (Gibraltar) Limited

Suite 3C, Eurolife Building, 1 Corral Road

PO Box 569

Gibraltar

Telephone: (350) 75446

Fax: (350) 79902

E-mail: jordans@gibnet.gi

Web site: www.jordans -international.com

Incorporation/Management/Tax

KPMG Administrative Services Limited

Regal House, Queensway

PO Box 191

Gibraltar

Telephone: (350) 74015

Fax: (350) 74016

E-mail: kpmggib@gibnynex.gi

Offshore Tax Planning

LPS Securities Ltd.

28 Irish Town

Gibraltar

Telephone: (350) 79120

Fax: (350) 78428

E-mail: ipsfutures@gibnynex.gi

Investment Advisors

Marrache & Co.

5 Cannon Lane

PO Box 85

Gibraltar

Telephone: (350) 79918

Fax: (350) 73315

E-mail: Marrache@marrache.com

Web site: www.marrache.com

International Law/Offshore Taxation

The Royal Bank of Scotland (Gibraltar) Limited

1 Corral Road

PO Box 766

Gibraltar

Telephone: (350) 73200

Fax: (350) 70152

Private Banking

Triay & Triay

Attorneys at Law

28 Irish Town

PO Box 15

Gibraltar

Telephone: (350) 72020

Fax: (350) 72270

E-mail: triay@triay.com

Web site: www.triay.com

Law/Financial Services/Investments

Triay Stagnetto Neish

Attorneys at Law

Suites C & D, 2nd Floor, Queensway

PO Box 147

Gibraltar

Telephone: (350) 79423

Fax: (350) 71405

E-mail: tsn@tsnlaw.com

Web site: www.tsnlaw.com

International Tax Planning/Wealth Preservation

Grenada

Affiliations: Commonwealth of Nations; United Nations.

Location: In the Windward Islands of the Caribbean.

Capital and Largest City: St. George’s.

Government: Constitutional monarchy with Westminster-style Parliament.

Legal System: English common law.

Official Language: English, Also speak French patois.

Stability: Stable.

Currency: East Caribbean dollar.

International Time: −4 hrs. GMT.

Country Code: 809.

Embassy: Embassy of Grenada, 1701 New Hampshire Avenue, NW, Washington,

DC 20009. Telephone: (202) 265-2561.

Type of Legal Entities: International Business Company (IBC). Offshore bank

licenses.

Unique Characteristics: A no-tax haven. IBCs are exempt from taxation for

25 years. Dozens of bank licenses have been revoked over the recent

years because of illegal activity.

Taxation: No tax on offshore business.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. There is a TIEA and an

MLAT.

Useful Web Site: www.geographia.com/grenada

Business Contact:

Sterling International Bank & Trust Corporation

Morne Rouge Road

PO Box 1711

Grand Anse, St. George’s, Grenada

Telephone: (473) 444-5900

Fax: (473) 444-5912

Incorporation/Trust/Banking/Credit Cards

Hong Kong, China

Affiliation: Special Administration Region of China.

Location: South of mainland China on the South China Sea.

Capital and Largest City: Victoria.

Government: This western-style financial center operates within the communist

state of China under a policy of “one country, two systems” to preserve

its economic independence in compliance with its former lease

agreement with Britain which expired on July 1, 1997. This status-quo

position is to remain effective for 50 years past the expiration of the

lease. That remains to be seen; the Chinese have been relatively laissezfaire

to date, but that could change.

Legal System: English common law.

Official Language: Chinese and English.

Stability: Stable.

Currency: Hong Kong dollar.

International Time: 8 hrs. GMT.

Country Code: 852.

Embassy: Embassy of the People’s Republic of China, 2300 Connecticut

Avenue, NW, Washington, DC 20008. Telephone: (202) 328-2500.

Type of Legal Entities: Private Company Limited by Shares; partnerships and

trusts.

Unique Characteristics: A T-7 tax haven. Flag of convenience. Popular for

holding, insurance, and trading companies and investment funds.

Major international banking center and shipping port. Strict bank secrecy

laws. Home of the Hong Kong Stock Exchange. Possible expatriate

haven under their Business Investment Visa. Member of the Financial

Action Task Force (FATF).

Taxation: A low-tax haven. Maximum profit tax rate is 17 percent. Foreignsource

profits are not taxed. On local business there are profits, salary,

and property taxes. No withholding, capital gains net worth, or valueadded

tax (VAT).

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Site: www.info.gov.hk

Business Contacts:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC V6C 2G8 Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

E-mail: Info@BarberFinancialAdvisors.com

Web site: www.BarberFinancialAdvisors.com

Incorporations/Management/Bank Accounts

AMS Trustees (H.K.) Limited

Room 1210, 12/F Wing on Center

111 Connaught Road Central

Hong Kong

Telephone: (852) 2147-2108

Fax: (852) 2147-2119

Offshore Financial Services/Investment Funds/E-Commerce

Asiaciti Trust Hong Kong Limited

Room 610–11 Bank of America Tower

12 Harcourt Road

Hong Kong

Telephone: (852) 2591-9009

Fax: (852) 2891-2436

Incorporation/Management/Tax and Asset Protection Strategies

Baker & McKenzie

14/F Hutchison House

10 Harcourt Road

Hong Kong

Telephone: (852) 2846 -1888

Fax: (852) 2845-0476

Banking/Finance/Legal/Tax/Investments

The Bank of East Asia, Limited

Legal Division, Bank of East Asia Building

10 Des Voeux Road, Central

Hong Kong

Telephone: (852) 2842-3238

Fax: (852) 2537-1663

Incorporation/Management/Trust Services

Bryan Cave

Suite 3704, Tower One, Lippo Center

89 Queensway

Hong Kong

Telephone: (852) 2522-2821

Fax: (852) 2522-3830

Large International Commercial Law Firm

CMG First State Investments (Hong Kong) Limited

6/F Three Exchange Square

8 Connaught Place, Central

Hong Kong

Telephone: (852) 2846 -7555

Fax: (852) 2868-4742

Investment Management

Ernest Maude Continental Investments Limited

Suite 2201–03, Universal Trade Center

3 Arbuthnot road, Central

Hong Kong

Telephone: (852) 2521-9188

Fax: (852) 2526 -2993

Personal Financial and Investment Advisory

186 TODAY ’S TAX HAVENS

Grant Thornton

13th Floor, Gloucester Tower, The Landmark

11 Pedder Street, Central

Hong Kong

Telephone: (852) 2218-3000

Fax: (852) 2218-3500

Accounting and Taxation for Business

Henley & Partners Far East Ltd.

13/F Silver Fortune Plaza

1 Wellington Street

Central Hong Kong

Telephone: (852) 2525-7717

Fax: (852) 2140-6833

E-mail: jf lader@zetland.biz

Residency and Business Visa

Insinger de Beaufort Trust (HK) Limited

11/F, Standard Chartered Bank Building

4–4A Des Voeux Road, Central

Hong Kong

Telephone: (852) 2526 -3665

Fax: (852) 2530-4898

Incorporation/Management/Trust Services/Private Banking

International Taxation Advisory Services Limited

Suite 4002 A, Central Plaza

18 Harbour Road, Wanchai

Hong Kong

Telephone: (852) 2868-3130

Fax: (852) 2523-8549

Offshore Tax Planning/Asset Protection Strategies

LGT Bank in Liechtenstein AG

29th Floor, Two Exchange Square

8 Connaught Place, Central

Hong Kong

Telephone: (852) 2523-6180

Fax: (852) 2868-0059

Discretionary Portfolio Management/Investment Advisory

Overseas Company Registration Agents Asia Limited (OCRA Hong Kong)

1301 Bank of America Tower

12 Harcourt Road, Central

Hong Kong

Telephone: (852) 2522-0172

Fax: (852) 2521-1190

E-mail: ocra@ocra-asia.com

Web site: www.ocra-worldwide.com

Offshore Corporate, Trust and Taxation Services

Rabobank

2 Exchange Square

Central, Hong Kong

Telephone: (852) 2103-2000

Fax: (852) 2530-1728

Bank and Financial Services

Isle of Man

Affiliations: United Kingdom; Special EU status.

Location: Between Ireland and England in the Irish Sea.

Capital and Largest City: Douglas.

Government: Self -governed British Crown sovereign dependency.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: Isle of Man pound.

International Time: Ground Zero—GMT.

Country Code: 44 1624.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: Limited Liability Company (LLC). Private and public

companies are recognized.

Unique Characteristics: Known for their investment funds, offshore banking,

Manx trusts, hybrid companies, and insurance companies. E-commerce

center. Good jurisdiction for doing business within the European

Union. Pressure from the EU and OECD on “harmful tax competition”

and information disclosure on company accounts.

Taxation: An international company can be taxed on all or part of its income

up to 35 percent. An exempt company is free of taxation on foreignsource

income. Nonresidents pay no tax on a nonresident company. No

capital gains, wealth, property, death, or capital transfer taxes.

Exchange Controls: None.

Treaties with the United States: There is an income tax treaty, a TIEA, and an

MLAT.

Useful Web Site: www.gov.im

Business Contacts:

Charles Cain

Skye Fiduciary Services

Skyefid Limited

2 Water Street

Ramsey, Isle of Man 1M8 1JP

Telephone: 44 (01624) 811611

Fax: 44 (01624) 816645

E-mail: charles.cain@skyefid.com

Web site: www.skyefid.com

Asset Protection and Fiduciary Structures for Americans

David Ashton

Chris Eaton

ILS (Corporate Services) Limited

2nd Floor, Atlantic House

Circular Road

Douglas, Isle of Man IM1 1SQ

Telephone: 44 (01624) 682500

Fax: 44 (01624) 628488

E-mail: ilscorp@ils-world.com

Web site: www.ils-world.com

Incorporation/Management/Multiple Jurisdictions

Isle of Man Assurance Group

IOMA House, Hope Street

Douglas, Isle of Man IM1 1AP

Telephone: 44 (01624) 681200

Fax: 44 (01624) 681397

E-mail: ioma@ioma.co.im

Web site: www.ioma.co.im

Customized Life Products/Company Management

Abbey National Treasury International Ltd.

PO Box 150, Carrick House

Circular Road

Douglas, Isle of Man IM99 1NH

Telephone: 44 (01624) 644800

Fax: 44 (01624) 644691

Personal Banking Products and Services

AIB Bank (Isle of Man) Limited

PO Box 186

Douglas, Isle of Man, IM99 1QE

Telephone: 44 (01624) 639772

Fax: 44 (01624) 639636

E-mail: one@aiboffshore.com

Web site: www.aiboffshore.com

Offshore Banking and Investment Services

AXA Isle of Man Limited

Royalty House

Walpole Avenue

Douglas, Isle of Man IM1 2SL

Telephone: 44 (01624) 643300

Fax: 44 (01624) 643444

E-mail: amtc@amtcltd.com

Single Premium Investments/Life Insurance

Bank of Ireland

PO Box 246

Christian Road

Douglas, Isle of Man IM99 1XF

Telephone: 44 (01624) 644222

Fax: 44 (01624) 644245

E-mail: info@boifsharp.com

Banking and Investments for Expatriats

Canada Life International Limited

St. Mary’s, The Parade

Castletown, Isle of Man 1M9 1RJ

Telephone: 44 (01624) 8202000

Fax: 44 (01624) 820201

E-mail: info@canadalifeint.com

Web site: www.canadalifeint.com

Flexible Investment Products

Caymanx Trust Company Limited

34 Athol Street

Douglas, Isle of Man IM1 1RD

Telephone: 44 (01624) 646900

Fax: 44 (01624) 662192

E-mail: mail@cncoim.com

Private Banking and Trust Services/Investment Management

Crossman Trust Company Limited

Portland House, Station Road

Ballasalla, Isle of Man 1M9 2AE

Telephone: 44 (01624) 825805

Fax: 44 (01624) 824570

E-mail: Crossman trust@enterprise.net

Web site: www.crossleys.com

Corporate/Trust/Estate/Asset Protection

Ernst & Young Trust Company Limited

Jubilee Buildings, Victoria Street

Douglas, Isle of Man IM1 1SH

Telephone: 44 (01624) 6990000

Fax: 44 (01624) 699001

Web site: www.ey.com.im

International Tax Planning

Friends Provident International Limited

Royal Court

Castletown, Isle of Man 1M9 1RA

Telephone: 44 (01624) 821212

Fax: 44 (01624) 824405

E-mail: servicedesk@fpiom.com

Single and Regular Premium Investments Products

Horwath Clark Whitehill

7th Floor, Victory House

Prospect Hill

Douglas, Isle of Man IM1 1EQ

Telephone: 44 (01624) 627335

Fax: 44 (01624) 677225

E-mail: mail@horwath.co.im

Web site: www.horwath.com.im

Incorporation/Management/Tax Planning

Irish Permanent, International (IOM) Ltd.

12–14 Ridgeway Street

Douglas, Isle of Man IM1 1EN

Telephone: 44 (01624) 641641

Fax: 44 (01624) 676795

E-mail: hanrahang@ip-intl.com

Web site: www.ip-intl.com

Management/Banking/Trust/Funds

PROFILES OF TAX HAVENS 191

Jordans (Isle of Man) Limited

1st Floor, Atlantic House

4–8 Circular Road

Douglas, Isle of Man IM1 2AG

Telephone: 44 (01624) 693000

Fax: 44 (01624) 693001

E-mail: angela-seabrook@jordans -iom.com

Web site: www.jordans -international.com

Incorporation/Management/Trusts/Accounting/Tax

Lloyds TSB Offshore Limited

Corporate Banking

PO Box 8, Victory House, Prospect Hill

Douglas, Isle of Man IM99 1AH

Telephone: 44 (01539) 448019

Fax: 44 (01624) 626033

Web site: www.lloydstsb-offshore.com

Corporate Offshore Banking/Debit Cards

OCRA (Overseas Company Registration Agents Limited)

Tower Street

Ramsey, Isle of Man 1M8 1JA

Telephone: 44 (01624) 811000

Fax: 44 (01624) 811001

E-mail: ocra@ocra.com

Offshore Corporate Services/Tax Planning

Royal Skandia Life Assurance Limited

Skandia House, Finch Road

Douglas, Isle of Man IM99 1NN

Telephone: 44 (01624) 611611

Fax: 44 (01624) 611715

E-mail: info@royalskandia.com

Web site: www.royalskandia.com

Tax-Efficient Investment Plans

Scottish Provident International Life Assurance Limited

Provident House

Ballacottier Business Park, Cooil Road

Douglas, Isle of Man IM2 2SP

Telephone: 44 (01624) 681681

Fax: 44 (01624) 677336

E-mail: customer_services_iom@spila.com

Web site: www.spila.com

Investment/Life Insurance/Retirement Plans

Simcocks Advocates Limited

Ridgeway house, Ridgeway Street

Douglas, Isle of Man IM99 1PY

Telephone: 44 (01624) 690300

Fax: 44 (01624) 690333

E-mail: mail@simcocks.com

Web site: www.simcocks.com

Law Firm Specializing in Offshore Activities

Standard Bank Stockbrokers (Isle of Man) Limited

Standard Bank House

1 Circular Road

Douglas, Isle of Man IM1 1SB

Telephone: 44 (01624) 643643

Fax: 44 (01624) 643801

Web site: www.sboff.com

Securities Dealers/Portfolio Services

Moore Stephens

PO Box 25

26 Athol Street

Douglas, Isle of Man IM99 1BD

Telephone: 44 (01624) 662020

Fax: 44 (01624) 662430

E-mail: mail@moore-stephens.co.im

Chartered Accounts/Investment Management

Mary Tait, Investment Manager

Lorne House Trust Limited

Lorne House, Castletown, Isle of Man IM9 1AZ

Telephone: 44 (01624) 823579

Fax: 44 (01624) 822952

E-mail: general@lorne-house.com

Web site: www.lorne-house.com

Founded in 1982 by Ronald Buchanan

Investment Management/Trust and Corporate Services

Labuan, Malaysia

Affiliations: Commonwealth of Nations; United Nations; Association of

Southeast Asian Nations.

Location: Malaysia.

Capital and Largest City: Kuala Lumpur.

Government: Constitutional monarchy.

Legal System: Based on English common law.

Official Language: Bahasa Melayu. Also speak English, Chinese, and Tamil.

Stability: Stable.

Currency: Malaysian Ringgit (RM).

International Time: 8 hrs. GMT.

Country Code: 60.

Embassy: Embassy of Malaysia, 3516 International court NW, Washington, DC

20008. Telephone: (202) 572-9700.

Type of Legal Entities: Offshore and foreign offshore companies.

Unique Characteristics: No bank secrecy. Confidentiality clauses are incorporated

into various Acts. Encourages offshore e-commerce business.

Taxation: No foreign-source income tax on a resident company.

Exchange Controls: No exchange controls for offshore companies and their

foreign business.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Business Contacts:

Insinger Brumby Trust (Labuan) Sdn Bhd

Brumby House

1st Floor Jalan Bahasa

PO Box 80148

87011 Labuan F.T., Malaysia

Telephone: 60 (87) 423828

Fax: 60 (87) 417242

E-mail: Raymond.wong@asia.insigner.com

Incorporation/Management/Trustees/Accounting

Maybank International (L) Ltd., Labuan IOFC

Level 16(B), Main Office Tower

Financial Park Labuan, Jalan Merdeka

PO Box 81915

87028 W.P. Labuan, Malaysia

Telephone: 60 (87) 414406

Fax: 60 (87) 414806

E-mail: millmit@tm.net.my

International Banking Services

Portcullis Trust (Labuan) Sdn Bhd & David Chong & Co.

Level 7 (F2) Main Office Tower

Financial Park Labuan, Jalan Merdeka

PO Box 80107

87011 F.T. Labuan, Malaysia

Telephone: 60 (87) 439191

Fax: 60 (87) 439193

E-mail: georgep@pc.jaring.my

Incorporation/Management/Accounting/Tax Planning

Sititrust & Administrator Sdn Bhd

Suite 5(I), 5th Floor Main Office Tower

Financial Park Labuan, Jalan Merdeka

PO Box 81840

87028 F.T. Labuan, Malaysia

Telephone: 60 (87) 421663

Fax: 60 (87) 421662

E-mail: ctrust@tm.net.my

Incorporation/Management/Trusts

ZI Labuan Trust Company Sdn Bhd

Unit Level 13 (E), Main Office Tower

Financial Park Labuan, Jalan Merdeka

87000 F.T. Labuan, Malaysia

Telephone: 60 (87) 451688

Fax: 60 (87) 453688

E-mail: aziaan.com@ziltco.com.my

Incorporation/Management/Trusts/Tax Planning

Liechtenstein

Affiliation: United Nations.

Location: This postage stamp sized enclave is situated in Western Europe

and bordered by Switzerland to the west and Austria to the east.

Capital and Largest City: Vaduz.

Government: Hereditary constitutional monarchy.

Legal System: The prince of the state and the legislature pass law. Civil and

criminal procedures have an Austrian influence, contract and property

law a Swiss orientation, and commercial law a German base.

Official Language: German.

Stability: Stable.

Currency: Swiss Franc.

International Time: 1 hr. GMT.

Country Code: 41 75.

Embassy: No embassy in the United States.

Type of Legal Entities: The Establishment (Anstalt), a novel entity unlike any

found in the United States; AG (Aktiengesellscht)—a corporation limited

by shares; GmbH (Gesellschaft mit beschrauker Haftung)—a limited liabarb_

bility company; Foundation (Stiftungen)—another unique entity of

Liechtenstein. Bearer shares are permitted; holding companies; domiciliary

companies; partnerships; trusts; trust enterprises. A more complete

description of the Anstalte can be found in Chapter 18.

Unique Characteristics: Strict bank secrecy. A T-7 money haven. Resisting

attack from the OECD. A blacklisted country. Known for unique

corporate and trust structures, foreign holding companies, banking,

and investment funds. Numbered accounts available to high-net worth

individuals. Excellent management services available for all types

of entity.

Taxation: A low-tax haven. A company of any kind that qualifies as an offshore

investor will pay no taxes on income from sources outside Liechtenstein.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Business Contacts:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC V6C 2G8 Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

E-mail: Info@BarberFinancialAdvisors.com

Web site: www.BarberFinancialAdvisors.com

Personal and Company Bank Accounts

Administrust Services Reg

J. Rheinbergerstrasse 6

PO Box 634

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 232-3021

Fax: (423) 232-5040

Personal Tax and Estate Planning/Portfolio Management/Corporate

Services

Audita-Revisions-AG

Bangarten 2 Postfach 119

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 232-5213

Fax: (423) 232-5277

Accounting/Taxation/Management

BBT Banzer & Buchel Treuhand AG

Austrasse 49

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 238-1313

Fax: (423) 238-1300

Corporate Services/Financial Planning/Asset Protection

Credit Suisse Trust Limited

Pradafant 21

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 237-7100

Fax: (423) 237-7111

Incorporation/Management

Roger Frick

Allgemeines Treuunternehmen (ATU)

Aeulestrasse 5

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 237-3434

Fax: (423) 237-3460

Incorporation/Management/Legal and Tax

Advise/Fiduciary/Trusteeships

Jura Trust AG

Mitteldorf 1, PO Box 838

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 237-7575

Fax: (423) 232-1362

Wealth Preservation/Tax Planning/Incorporations/Trusts

LGT Bank Liechtenstein AG

Herrengasse 12

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 235-1122

Fax: (423) 235-1522

Banking/Investment Management

Miselva Etablissement

Josef Rheinberger Strasse 29

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 237-6900

Fax: (423) 237-6910

Incorporation/Management/Legal/Accounting

Praesidial-Anstalt

Aeulestrasse 38, Postfach 583

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 236 -5555

Fax: (423) 236 -5399

Corporate/Trusts/Asset Protection/Tax Planning

Dr. Norbert Seeger

Advokaturburo

Attorney at Law

Am Schragen Weg 14, PO Box 1618

9490 Vaduz, Liechtenstein

Telephone: (423) 232-0808

Fax: (423) 232-0630

Personal Taxation/Estate Planning/Portfolio Management/Asset

Protection

Serica Bank Aktiengesellschaft

Pf lugstrasse 16

FL 9490 Vaduz, Liechtenstein

Telephone: (423) 236 -5522

Fax: (423) 236 -5505

Private Banking

Toendury and Partner AG

Bergstrasse 389, PO Box 777

FL 9497 Triesenberg, Liechtenstein

Telephone: (423) 262-8333

Fax: (423) 262-7989

Accounting/Tax/Legal/Trustees/Investment Management

Luxembourg

Affiliations: North Atlantic Treaty Organization; European Union; United

Nations.

Location: Western Europe. Bordered by Belgium, France, and Germany.

Capital and Largest City: Luxembourg.

Government: Constitutional monarchy.

Legal System: Civil law system.

Official Language: Luxembourgish (national). Also speak French, German,

and English.

Stability: Stable.

Currency: Euro.

International Time: 1 hr. GMT.

Country Code: 352.

Embassy: Embassy of Grand Dutchy of Luxembourg, 2200 Massachusetts

Avenue, NW, Washington, DC 20008. Telephone: (202) 265-4171.

Type of Legal Entities: SA—Societes Anonymes, a corporation; SaRL—Societes

a resposabilite limitee, a private limited company; also several

types of partnerships. Holding companies include the 1929 holding

company; the billionaire holding company; the finance holding company,

and the 1990 or SOPARFI holding company.

Unique Characteristics: Excellent banking center. Bank secrecy laws. Numbered

accounts. Popular jurisdiction for holding companies and investment

companies. A member of the Financial Action Task Force (FATF).

Taxation: Numerous tax incentives. A high-tax jurisdiction. However, there

are exceptions, such as on holding companies, that are not subject to

corporate income tax. A parent-subsidiary, known as a SOPARFI is exempt

under certain circumstances from corporate capital gains and

dividends.

Exchange Controls: None.

Treaties with the United States: There is an income tax treaty. No TIEA.

There is an MLAT.

Business Contacts:

ABN AMRO Trust Company (Luxembourg) S.A.

46A Avenue J. F. Kennedy

L-1855 Luxembourg, Luxembourg

Telephone: (352) 427-1711

Fax: (352) 421-961

E-mail: aatlux@pt.lu

Web site: www.abnamrotrust.com

Incorporation/Management

AMS Trust (Luxembourg) S.A.

381 Route de Thionville

L-5887 Hesperange, Luxembourg

Telephone: (352) 263-6571

Fax: (352) 263-6572

E-mail: ams@amslux.lu

Web site: www.amsbvi.com

Offshore Financial Services

Bank Sarasin Benelux SA

287–289 Route d’ Arlon

L-1105 Luxembourg, Luxembourg

Telephone: (352) 457-8801

Fax: (352) 452-396

E-mail: influx@sarasin.com

Web site: www.sarasin.com

Private Banking/Investment Management

BGL-MeesPierson Trust (Luxembourg) S.A.

12–16 avenue Monterey

L-2136 Luxembourg, Luxembourg

Telephone: (352) 424-22222

Fax: (352) 424-22070

E-mail: info@bglmeespiersontrust.lu

Incorporation/Management/Trust Services

Delma & Cie Sarl

59 rue G.D. Charlotte

9515 WILTZ, Luxembourg

Telephone: (352) 95-05-74

Fax: (352) 95-91-11

E-mail: business@pt.lu

Incorporation/Management/International Tax Advisors

Fingeco Lux S.A.

4A, boulevard G.D. Charlotte

L-1330 Luxembourg, Luxembourg

Telephone: (352) 45-24-22

Fax: (352) 45-35-05

E-mail: bisenius@fingeco.com

Web site: www.fingeco.com

Incorporation/Management/Fiduciary/Accounting/Custodial

Hoogewerf & Cie

19 Rue Aldringen

L-1118 Luxembourg, Luxembourg

Telephone: (352) 46 -00-25

Fax: (352) 46 -00-27

E-mail: hoogewerf@hermesnet.com

Incorporation/Management/Tax Advise

Maitland Management Services S.A.

Boite Postal 1361

6 rue Adolphe Fischer

L-1520 Luxembourg, Luxembourg

Telephone: (352) 40-25-05-1

Fax: (352) 40-25-05-66

E-mail: service@maitlandtrust.com

Web site: www.maitlandtrust.com

Incorporation/Management/Accounting/Trustee Services

PanEuroLife SA

14 rue Edward Steichen,

B.P. 2408

L-1882 Luxembourg, Luxembourg

Telephone: (352) 45-67-30-1

Fax: (352) 44-67-34

E-mail: info@paneurolife.com

Web site: www.paneurolife.com

Life Assurance Contracts/Capital Redemption Bonds

PFA Pension Luxembourg S.A.

47 Boulevard Prince Henri

L-1724 Luxembourg, Luxembourg

Telephone: (352) 467766

Fax: (352) 467776

Pension Plans for Expatriates

Trust International Luxembourg S.A.

60 Grand’Rue

L-1660 Luxembourg, Luxembourg

Telephone: (352) 22-40-51

Fax: (352) 22-40-55

E-mail: til@pt.lu

Incorporation/Management/International Tax Planning

Madeira

Affiliation: Portugal.

Location: Off the northwest coast of Africa in the Atlantic Ocean, approximately

535 miles southwest of Lisbon, Portugal.

Capital and Largest City: Lisbon.

Government: Parliamentary Democracy.

Legal System: Civil law.

Official Language: Portuguese and Mirandese.

Stability: Stable.

Currency: Euro.

International Time: Ground Zero—GMT.

Country Code: 351 91.

Embassy: Embassy of Portugal, 2125 Kalorama Road, NW, Washington, DC

20008. Telephone: (202) 328-8610.

Type of Legal Entities: Ltd.—Limitada, a limited liability company; SA—Sociedades

Anonimas, a stock corporation. Recognizes the common law

trust concept.

Unique Characteristics: Flag of convenience.

Taxation: Companies incorporated in 2005–2006 are subject to corporate

tax of 2 percent; 2007–2011 are subject to a rate increase to 3 percent

on their foreign-source income.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.madeira-web.com

Business Contacts:

Banco Comercial Portugues SA/Sucursal Financeira Exterior

Edificio Marina Forum

Av. Arriaga77, 2nd—sala 203

P-9000-060 Funchal, Madeira Islands

Telephone: 351 (291) 20-64-50

Fax: 351 (291) 20-64-69

International Private and Corporate Banking

Banco Espirito Santo E Comercial de Lisboa

Edificio Arriaga

Avenida Arriaga

P-9000-064 Funchal, Madeira Islands

Telephone: 351 (291) 208-990

Fax: 351 (291) 231-227

International Private and Corporate Banking

Madeira Corporate Services

Avenida Arriaga No. 77, 6th Floor

Edificio Marina Forum

P-9004-533 Funchal, Madeira Islands

Telephone: 351 (291) 202-400

Fax: 351 (291) 237-188

Incorporation/Management/Tax Planning

Madeira Fiducia Management LDA

Avenida Arriaga 73, 1st—105

P-9000-533 Funchal, Madeira Islands

Telephone: 351 (291) 200-988

Fax: 351 (291) 200-989

E-mail: m.fiducia@mail.telepac.pt

Incorporation/Management/Trusts/Admiralty

Madeira Management Cia Lda.

PO Box 7

Rua dos Murcas No. 88

P-9000-058 Funchal, Madeira Islands

Telephone: 351 (291) 201-700

Fax: 351 (291) 227-144

E-mail: mmcl@mail.telepac.pt

Web site: www.madeira-management.com

Incorporation/Management/Legal/Accounting

NMIS—New Madeira Investment Servicos S.A.

Rua Dr. Brito Camara, No. 20 -1

P-9000-039 Funchal, Madeira Islands

Telephone: 351 (291) 200-988

Fax: 351 (291) 200-989

Incorporation/Management/Accounting/Admiralty

Teiceira de Freitas, Rodriguez e Moura Costa Soc. Advogados

Avenida Arriaga No. 77, 6th Floor, Suite 601

Edificio Marina Forum

P-9004-533 Funchal, Madeira Islands

Telephone: 351 (291) 202-400

Fax: 351 (291) 230-324

Legal

United Management Services Lda

Rua dos Aranhas No. 53, 3rd Floor

P-9000-044 Funchal, Madeira Islands

Telephone: 351 (291) 207-080

Fax: 351 (291) 207-089

E-mail: ums.Madeira@iol.pt

Corporate Services/Tax Planning/Admiralty

Malta

Affiliations: Commonwealth of Nations; European Union; United Nations.

Location: Made up of five Maltese islands in the Mediterranean Sea between

Italy to the north and Africa to the south.

Capital and Largest City: Valletta.

Government: Republic.

Legal System: A patchwork overlay of cultures as a result of a multitude of

conquests throughout history has shaped the present legal system. However,

modern company law and tax laws are based on English models.

Official Language: Maltese and English.

Stability: Stable.

Currency: Maltese lira.

International Time: 1 hr. GMT.

Country Code: 356.

Embassy: Embassy of Malta, 2017 Connecticut Avenue, NW, Washington, DC

20008. Telephone: (202) 462-3611.

Type of Legal Entities: International Holding Company (IHC), a holding

company/administration; International Trading Company (ITC), an

onshore operating company doing business outside Malta. Bearer

shares are permitted.

Unique Characteristics: Flag of convenience. A good expatriate haven. Home

of the Malta Stock Exchange. Best place to stay: the Corinthian Palace

Hotel across from the Presidential Palace. Historical and unique.

Taxation: Many tax incentives to qualifying companies in areas of activity

where business is encouraged. ITC taxed at 4.17 percent; No taxes on

an IHC.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.investinmalta.com

Business Contacts:

FINAC Limited

Edward J. Zammit, Chief Executive

141, Mriehel Street

Birkirkara, BKR 10, Malta

Telephone: (356) 2149-1127

Fax: (356) 2540-1093

E-mail: ejzammit@onvol.net

Incorporation/Management/Fiduciary/Taxation

Abacus Holdings Limited—PricewaterhouseCoopers

167 Merchants Street

Valletta VLT 03, Malta

Telephone: (356) 2124-7000

Fax: (356) 2124-4768

E-mail: Kevin.valenzia@mt.pwcglobal.com

Incorporation/Management/Trusts/Accounting/Trustees

Azzopardi Investment Management Limited

Il-Piazzeta, 4th Floor, Tower Road

Sliema, Malta, SLM

204 TODAY ’S TAX HAVENS

Telephone: (356) 2131-3100

Fax: (356) 2131-8897

E-mail: pvazzopardi@usa.net

Securities Dealer/Portfolio Management

Cavalier Trust Services Limited

Finance House, First Floor

Princess Elizabeth Street

Ta’Xbiex, MSD 11 Malta

Telephone: (356) 2133-3680

Fax: (356) 2123-2479

E-mail: curmirsm@vol.net.mt

Incorporation/Management/Tax

Planning/Accounting/Legal/Admiralty

Ernst & Young Limited

Valletta Buildings, South Street

Valletta VLT 11, Malta

Telephone: (356) 2124-3258

Fax: (356) 2122-5528

E-mail: cy.malta@mt.eyi.com

Incorporation/Management/Tax Planning/Trusts

Ganado Sammut

35–36 Archbishop Street

Valletta VLT 08, Malta

Telephone: (356) 2124-7109

Fax: (356) 2124-7170

E-mail: gansamm@maltanet.net

Incorporation/Management/Offshore Financial Services

Grant Thorton

Grant Thorton House, Princess Elizabeth Street

Ta’X biex, MSD 11 Malta

Telephone: (356) 2134-4685

Fax: (356) 2133-1161

E-mail: ardemajo@gtmalta.com

Web site: www.gtmalta.com

Incorporation/Management/Support Services

HSBC Bank Malta p.l.c.—International Banking Center

233 Republic Street

Valletta VLT 05, Malta

Telephone: (356) 2124-9801

PROFILES OF TAX HAVENS 205

Fax: (356) 2124-9805

E-mail: hsbc.com.my

Web site: www.hsbc.com.my

Personal and Business Banking/Investment Services/Custody

Medfinco (Nominee) Limited

Rutter Giappone & Associates

166 Old Bakery Street

Valletta VLT 09, Malta

Telephone: (356) 2123-6767

Fax: (356) 2122-5929

E-mail: ruttergiappone@rgalaw.com

Corporate Services/Commercial Law/Trusts/Tax Planning

MSS International Services Ltd.

Regent House, 52 Fifth Floor, Bisazza Street

Sliema SLM 15, Malta

Telephone: (356) 2124-1857

Fax: (356) 2133-6296

E-mail: Info@mss.com.mt

Web site: www.mss.com.mt

Incorporation/Management/Trusts/Taxation

Osiris Corporate Services Limited

Portico Buildings, Marina Street

Pieta’ MSD 08, Malta

Telephone: (356) 2123-5888

Fax: (356) 2566 -1132

E-mail: osiris@osiris.com.mt

Incorporation/Management/Trusts/Taxation

PKF Fiduciaries International Limited

35 Mannarino Road

B’kara, BKR 08, Malta

Telephone: (356) 2149-3041

Fax: (356) 484-375

E-mail: info@pkfmalta.com

Web site: www.pkfmalta.com

Incorporation/Management/Back Office Operations/Tax Planning

Valletta Offshore Management Nominee Limited International

Corporate Services Limited

The CPS House, The Emporium Building

St. Louis Street

MSIDA MSDO6, Malta

Telephone: (356) 2134-4391

Fax: (356) 2134-4229

E-mail: cps@cps.com.mt

Incorporation/Management/Accounting/Trusts/Tax Planning

Mauritius

Affiliations: Commonwealth of Nations; United Nations.

Location: In the Indian Ocean, an island east of Madagascar.

Capital and Largest City: Port Louis.

Government: Parliamentary Democracy within the British Commonwealth.

Legal System: English common law.

Official Language: English and French. Also speak Creole, Hindi, Urdu,

Hakka, Bojpoori.

Stability: Stable.

Currency: Mauritian rupee.

International Time: 4 hrs. GMT.

Country Code: 230.

Embassy: Embassy of the Republic of Mauritius, 4301 Connecticut Avenue,

NW, Suite 441, Washington, DC 20008. Telephone: (202) 244-1491.

Type of Legal Entities: There are two types of offshore and international companies:

(1) A company with a Category 1 Global Business License, formerly

an offshore company, can utilize tax treaties; (2) a company with

a Category 2 Global Business License, formerly an international company,

is tax-exempt. Bearer shares are permitted.

Unique Characteristic: Flag of convenience.

Taxation: A low-tax haven. GBL1—income tax rate of 15 percent with an 80

percent tax credit on foreign-source income. GBL2—tax-exempt.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: http://ncb.intnet.mu/govt/house.htm

Business Contacts:

A.A.M.I.L. Ltd.

Suite 340–345, Barkly Wharf, Le Caudan Waterfront

PO Box 1070

Port Louis, Mauritius

Telephone: (230) 210-1000

Fax: (230) 210-2000

E-mail: info@aamil.com

Web site: www.aamil.com

Incorporation/Management/Trustee Services/Accounting/Legal

PROFILES OF TAX HAVENS 207

Bank of Baroda—Offshore Banking Unit

4th Floor, Bank of Baroda Building

Sir William Newton Street

Port Louis, Mauritius

Telephone: (230) 212-3900

Fax: (230) 212-5082

E-mail: bobobu@intnet.mu

Offshore Banking

CKLB International Management Ltd.

PO Box 80, Felix House

24 Dr. Joseph Riviere Street

Port Louis, Mauritius

Telephone: (230) 216 -8800

Fax: (230) 216 -9800

E-mail: cklbmru@cklb.com

Web site: www.cklb.com

Incorporation/Management/Trusts/Trustee Services

Commonwealth Trust Mauritius Limited

314 St. James Court, St. Denis Street

Port Louis, Mauritius

Telephone: (230) 210-8946

Fax: 44 (870) 121-5614

E-mail: services@commonwealthtrust.com

Web site: www.ctl.vg

Incorporation/Management/Trustee Services

Horwath Corporate Finance Limited

3rd Floor, Amod Building, 19 Poudriere Street

Port Louis, Mauritius

Telephone: (230) 211-3350

Fax: (230) 211-1967

E-mail: horwath@intnet.mu

Incorporation/Management/Asset Protection/Accounting

International Management (Mauritius) Ltd.

4th Floor, Les Cascades Building, Edith Cavell Street

Port Louis, Mauritius

Telephone: (230) 212-9800

Fax: (230) 212-9833

E-mail: imm@intnet.mu

Incorporation/Management/Trusts

Jurisconsult Chambers

Cathedral Square

Port Louis, Mauritius

Telephone: (230) 208-5526

Fax: (230) 208-5586

E-mail: jurist@bow.intnet.mu

Incorporation/Legal Advise

Mauritius International Trust Co. Ltd.

4th Floor, Li Wan Po House

Remy Ollier Street

Port Louis, Mauritius

Telephone: (230) 211-3201

Fax: (230) 211-7549

E-mail: mitcomsi@intnet.mu

Incorporation/Management/Tax Planning/Trustee Services

Mutual Trust Management (Mauritius) Limited

608 St. James Court, St. Denis Street

Port Louis, Mauritius

Telephone: (230) 210-9000

Fax: (230) 210-9001

Web site: www.mutrust.com

Incorporation/Management/Trusts/International Taxation

Overseas Company Registration Agents Mauritius Limited

Happy World House, Sir William Newton Street

Port Louis, Mauritius

Telephone: (230) 211-5100

Fax: (230) 211-5400

E-mail: ocra@ocra-mauritius.com

Web site: www.ocra-mauritius.com

Incorporation/Management/Tax Planning/Advice

SBI International (Mauritius) Ltd.

7th Floor, Harbour Front Building

President John Kennedy Street

PO Box 376

Port Louis, Mauritius

Telephone: (230) 212-2054

Fax: (230) 212-2050

E-mail: sbilmaur@intnet.mu

International Banking

Monaco

Affiliation: France.

Location: Western Europe, on the French coast of the Mediterranean Sea

next to Italy.

Capital and Largest City: Monte Carlo.

Government: Constitutional monarchy.

Legal System: French civil law system (Napoleonic law).

Official Language: French. Also speak English, Italian, and Monegasque.

Stability: Stable.

Currency: Euro.

International Time: 1 hr. GMT.

Country Code: 33 93.

Embassy: Embassy of France, 4101 Reservoir Road, NW, Washington, DC

20007. Telephone: (202) 944-6000.

Type of Legal Entities: SAM—Societe Anonyme Mongasque, a company limited

by shares; also partnerships and trusts.

Unique Characteristics: Foreign companies may be administered from

Monaco without registering, providing greater privacy for the owners.

A good way to create a solid onshore presence for an offshore corporation.

No commercial business permitted within Monaco for such a company,

except for management, banking, and financial purposes.

Resisting attack from the OECD. A blacklisted country. Although expensive,

a good expatriate haven. Many Brits are relocating to this

venue. A favorite banking haven of the Italian Mafia.

Taxation: No personal income tax on residents or nonresidents. There are

corporate tax breaks and incentives, but the prof it tax base is 331⁄3

percent.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.monaco.gouv.mc

Business Contacts:

Ansbacher (Monaco) S.A.M.

14 Ave de Grande-Bretagne

MC 98000, Monaco

Telephone: (377) 97-97-21-41

E-mail: ansbacher.mc

Incorporation/Management/Trusts

Berg & Duffy LLP

Gildo Pastor Center

7 rue du Gabian

MC 98000, Monaco

Telephone: (377) 97-97-87-77

Fax: (377) 97-97-87-78

E-mail: jpduffy@bergduffy.com

Web site: www.bergduffy.com

American and International Law Firm

Donald Manasse

4 Boulevard Des Moulins

MC 98000, Monaco

Telephone: (377) 93-50-29-21

Fax: (377) 93-50-82-08

E-mail: dmanasse@monaco.mc

International Law Firm

E.B.C. Trust Corporation

Le Montaigne, 6 Boulevard Des Moulins

MC 98000, Monaco

Telephone: (377) 92-16 -59-99

Fax: (377) 93-25-55-60

E-mail: ebctrust@monaco.mc

Incorporation/Management/Asset Protection/Trustees/Fiduciaries

Henley & Partners Inc.

Kirchgasse 22

CH-8001, Zurich, Switzerland

Telephone: 41 (44) 266 -22-22

Fax: 41 (44) 266 -22-23

Monaco Residency and Citizenship

Moore Stephens Services S.A.M.

L’Estoril, Avenue Princess Grace

MC 98000, Monaco

Telephone: (377) 93-10 - 41-21

Fax: (377) 93-25-62-70

E-mail: ms@moorestephens-mc.com

Web site: www.moorestephens-mc.com

Incorporation/Management/Trusts/Tax Planning/Accounting

Moores Rowland

2 Avenue de Monte-Carlo, BP 343

MC 98006, Monaco

Telephone: (377) 97-97-00-22

Fax: (377) 93-25-24-12

E-mail: mr@mri.mc

Incorporation/Management/International Tax Planning

Pacor Secoma S.A.

24 Boulevard, Princesse Charlotte

MC 98000, Monaco

Telephone: (377) 97-97-66 -77

Fax: (377) 97-97-66 -76

E-mail: psg@monaco.mc

Incorporation/Management/Trusts

Palumbo & Palumbo

29 Boulevard Princesse Charlotte

MC 98000 Monaco

Telephone: (377) 92-16 -04-97

Fax: (377) 92-16 -05-09

Solicitors

The Netherlands

Affiliations: North Atlantic Treaty Organization; European Union; United

Nations.

Location: Western Europe, on the coast of the North Sea between Belgium

and Germany.

Capital and Largest City: Amsterdam.

Government: Constitutional monarchy.

Legal System: Based on civil and penal law.

Official Language: Dutch and Frisian.

Stability: Stable.

Currency: Euro.

International Time: 1 hr. GMT.

Country Code: 31.

Embassy: Embassy of the Netherlands, 4200 Linnean Avenue, NW, Washington,

DC 20008. Telephone: (202) 244-5300.

Type of Legal Entities: NV—Naamloze Vennootschap, a public or private

company, bearer or registered shares permitted. BV—Besloten Vennootschap

met beperkte Aansprakelijkheid, a private company with

only registered shares.

Unique Characteristics: Known for their holding companies. Potential expatriate

haven. A member of the Financial Action Task Force (FATF).

Taxation: Complex tax system. Generally high taxes. Many tax ramifications

and exemptions.

Exchange Controls: None.

Treaties with the United States: There is an income tax treaty. No TIEA.

There is an MLAT. Numerous tax treaties with other countries.

Useful Web Site: www.government.nl

Business Contacts:

ABN AMRO Trust Company (Nederland) BV

“Atrium” Strawinskylaan 3105, 7th Floor

1077 ZX, PO Box 1469

Amsterdam, The Netherlands

Telephone: 31 (20) 406 -4444

Fax: 31 (20) 406 -4555

E-mail: abnamro.trust.nl@nl.abnamro.com

Web site: www.abnamrotrust.com

Incorporation/Management/Foundations

AMS Trust (Netherlands) BV

Badhuisweg 84

2587 CL’s—Gravenhage, The Netherlands

Telephone: 31 (70) 352-2876

Fax: 31 (70) 358-4110

E-mail: amsneth@amslux.lu

Web site: www.amsbvi.com

Offshore Financial Services

Greyfriars Management Services

Tesselschadestraat 4–12

PO Box 58057

Amsterdam 1040 HB, The Netherlands

Telephone: 31 (20) 685-3085

Fax: 31 (20) 683-2733

E-mail: neher@grahamsmith.com

Corporate Services/Financial and Tax Services

Insinger de Beaufort Trust/Equity Trust Co. NV

Officia 1, De Boelelaan7

Amsterdam 1083 HJ, The Netherlands

Telephone: 31 (20) 301-0101

Fax: 31 (20) 642-7675

E-mail: infonltrust@insinger.com

Web site: www.insinger.com

Corporate Services/Accounting/Royalty Licensing/Legal

Mazars Paardekooper & Hoffman

Amsteldijk 194

Amsterdam 1079 LK, The Netherlands

Telephone: 31 (20) 301-0500

Fax: 31 (20) 644-2836

E-mail: Harry.Bosman@mazars.nl

Web site: www.mazars.nl

International Tax Planning

MeesPierson Intertrust BV

Herengracht 548

1017 CG Amsterdam, The Netherlands

Telephone: 31 (20) 527-1678

Fax: 31 (20) 622-7184

Incorporation/Management/Trust Services

MTM/Horwath Tax Holland/Mutual Trust Management Netherlands BV

Westelijke Randweg 37

1118 CR Schiphol

Amsterdam Airport, The Netherlands

Telephone: 31 (20) 653-2336

Fax: 31 (20) 653-0725

E-mail: netherlandsbv@mutrust.nl

Incorporation/Management/Tax Planning

NCS Benelux

Olympic Plaza Building

Frederik Toeskestraat 123

1076 EE, The Netherlands

Telephone: 31 (20) 673-6484

Fax: 31 (20) 675-8869

E-mail: hq@ncs-bv.nl

Incorporation/Management

PricewaterhouseCoopers

Prins Bernhardplein 200

1097 JB Amsterdam, The Netherlands

Telephone: 31 (20) 568-5603

Fax: 31 (20) 568-6888

E-mail: gert.van.veen@nl.pwcglobal.com

International Tax Planning

RijnHove Groep BV, ISO 9001

Baronielaan 139

NL-4818 PD Breda, The Netherlands

Telephone: 31 (76) 522-0252

Fax: 31 (76) 522-0352

E-mail: info@rijnhove.nl

Web site: www.rijnhove.nl

International Tax Planning/Trust/Accounting

Sovereign Trust (Netherlands) BV

Keizersgracht 241

1016 EA Amsterdam, The Netherlands

Telephone: 31 (20) 428-1630

Fax: 31 (20) 620-8046

E-mail: nl@sovereigngroup.com

Web site: www.sovereigngroup.com

Incorporation/Management/Tax Planning/Credit Cards

The Netherlands Antilles

Affiliation: The Netherlands.

Location: The Antilles comprise two groups in the Caribbean near

Venezuela. The Leeward Islands of Curaçao and Bonaire, and the Windward

Islands of St. Maarten, St. Eustatius, and Saba.

Capital and Largest City: Williamstad (Curaçao).

Government: Autonomous domain of the Kingdom of the Netherlands, a constitutional

and parliamentary government.

Legal System: Civil law system paralleling the Netherlands.

Official Language: Dutch. Also speak Papiamento.

Stability: Stable.

Currency: Netherlands Antilles guilder.

International Time: −4 hrs. GMT.

Country Code: 599.

Embassy: Embassy of the Netherlands, 4200 Linnean Avenue, NW, Washington,

DC 20008. Telephone: (202) 244-5300.

Type of Legal Entities: NV—Naamloze Vennootschap is the preferred offshore

vehicle, a public or private company with bearer shares or registered

shares.

Unique Characteristics: Popular for holding companies, investment companies,

finance companies, mutual funds, and trading companies. Offshore

bank licenses, and captive and reinsurance licensing offered.

Taxation: Holding companies pay a low 2.4 to 3 percent tax on income. Companies

receiving royalties, dividends, and capital gains pay no tax on

their incomes and profits.

Exchange Controls: None.

Treaties with the United States: There is an income tax treaty. No TIEA.

There is MLAT.

Useful Web Site: www.gov.an

Business Contacts:

ABN AMRO Bank NV

Kaya Flamboyan1

Curaçao, Netherlands Antilles

Telephone: 599 (9) 763-8342

Fax: 599 (9) 736 -7268

Incorporation/Management/Banking

ABN AMRO Trust Company (Curaçao) N.V.

Pietermaai 15

PO Box 4905

Willemstad, Curaçao, Netherlands Antilles

Telephone: 599 (9) 433-5000

Fax: 599 (9) 461-3395

E-mail: aatrust@cura.net

Web site: www.abnamrotrust.com

Incorporation/Management/Legal

AMACO (Curaçao) NV

Kaya W/F.G. ( Jombi) Mensing 36

PO Box 3141

Willemstad, Curaçao, Netherlands Antilles

Telephone: 599 (9) 461-1299

Fax: 599 (9) 461-5392

E-mail: info@amaco.group.com

Incorporation/Management/Legal/Banking

CAK Trustkantoor NV

Scharlooweg #61

Willemstad, Curaçao, Netherlands Antilles

Telephone: 599 (9) 736 -7181

Fax: 599 (9) 736 -7161

E-mail: cakgroup@attglobal.net

Asset Management/International Cash Flow

Citgo Curaçao, Corporate and Trust Services

De Ruyterkade 62

International Fund Services, Kaya Flamboyan 9

PO Box 812

Curaçao, Netherlands Antilles

Telephone: 599 (9) 732-2555

Fax: 599 (9) 732-2500

E-mail: hvanneutegem@citgo.com

Web site: www.citgo.com

Incorporation/Management/Fiduciary/Accounting

Intertrust (Antilles) NV

Landhuis Joonchi, Kaya Richard J. Beaujon z/n

PO Box 837

Curaçao, Netherlands Antilles

Telephone: 599 (9) 736 -6277

Fax: 599 (9) 736 -6161

E-mail: intertrust-curacao@compuserve.com

Incorporation/Management/International Legal and Taxation

MeesPierson Intertrust (Curaçao) NV

Berg Arrarat 1

PO Box 3889

Willemstad, Curaçao, Netherlands Antilles

Telephone: 599 (9) 463-9300

Fax: 599 (9) 463-4129

Private Banking and Trust Services

PricewaterhouseCoopers

Julianaplein 38

PO Box 360

Curaçao, Netherlands Antilles

Telephone: 599 (9) 430-000

Fax: 599 (9) 461-1118

E-mail: hans.j.olattel@an.pwcglobal.com

Business, Tax and Assurance Advise

RBTT Bank Antilles NV

Kaya Flamboyan1

Curaçao, Netherlands Antilles

Telephone: 599 (9) 763-8000

Fax: 599 (9) 737-1089

Offshore Banking Services

Van Der Plank, Civil-Law Notary Office

Schottegatweg Oost 191

Curaçao, Netherlands Antilles

Telephone: 599 (9) 461-6833

Fax: 599 (9) 461-5939

E-mail: notaris@cura.net

Incorporation/Legal Advice

Panama

Affiliation: United Nations.

Location: Central America; Costa Rica to the north, Colombia to the south,

between the North Pacific Ocean and the Caribbean Sea.

Capital and Largest City: Panama City.

Government: Constitutional Democracy.

Legal System: Civil law system.

Official Language: Spanish. English is also common, especially in business.

Stability: Stable.

Currency: Balboa and U.S. dollar.

International Time: −5 hrs. GMT.

Country Code: 507.

Embassy: Embassy of the Republic of Panama, 2862 McGill Terrace, NW,

Washington, DC 20008. Telephone: (202) 483-1407.

Type of Legal Entities: SA—Societe Anonyms with limited liability, a corporation;

Private Foundation; civil law trusts. Bearer shares are permitted.

Excellent f lag of convenience.

Unique Characteristics: The “Hong Kong of Latin America.” A T-7 tax haven.

Taxation: No tax on foreign-source income.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Site: www.presidencia.gob.pa

Business Contacts:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC V6C 2G8 Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

E-mail: Info@BarberFinancialAdvisors.com

Web site: www.BarberFinancialAdvisors.com

Incorporations/Management/Private Foundations/Personal and

Corporate Bank Accounts/Offshore E-Commerce/Ready-Made

Companies

American Finance & Development Group S.A.

Calle 61, #23A

PO Box 871047

Panama 7, Republic of Panama

Telephone: (507) 223-3172

Fax: (507) 223-3899

Incorporation/Management/Trusts/Immigration/Fiduciary

Arias & Arias Consultores

Via Cincuentenario, Edificio Coco Bay, Suite 13

PO Box 55-0835

Panama 7, Republic of Panama

Telephone: (507) 226 -5833

Fax: (507) 226 -8788

Incorporation/Trusts/Foundations/Tax Planning

Benedetti & Benedetti

Comosa Building, 21st Floor

Samuel Lewis and Manuel M. Ycaza Avenue

PO Box 850120

Panama 5, Republic of Panama

Telephone: (507) 263-4444

Fax: (507) 264-5962

Incorporation/Management/Ship Registration/Trusts

Fabrega, Varsallo, Molino & Molino

Omega Building

Samuel Lewis Avenue and 53rd Street

PO Box 4493

Panama 5, Republic of Panama

Telephone: (507) 263-5333

Fax: (507) 263-6983

Incorporation/Management/Trusts/Foundation/Tax and Estate

Planning

Henley & Partners

Galindo, Arias and Lopez

Scotia Plaza, 18 Avenue Federico Boyd and 51st Street

Suite 9, 10, 11

PO Box 8629

Panama 5, Republic of Panama

Telephone: (507) 263-5633

Fax: (507) 263-5335

E-mail: gala@gala.com.pa

Web site: www.henleyglobal.com/panama

Immigration/Residency Specialists/Multi-jurisdictions

International Management and Trust Corporation (Intertrust)

10 Elvira Mendez Street, Penthouse

PO Box 0816 -03012

Panama 1, Republic of Panama

PROFILES OF TAX HAVENS 219

Telephone: (507) 263-6300

Fax: (507) 263-6392

Incorporation/Management/Foundations/Ship Registrations

Morgan & Morgan

Swiss Tower, 16th Floor, 53E Street, Urb. Marbella

PO Box 0832-00232, World Trade Center

Panama, Republic of Panama

Telephone: (507) 265-7777

Fax: (507) 265-7700

Full Service Law Firm

Pardini & Associates

Plaza 2000 Tower, 10th Floor

50th Street

PO Box 9654

Panama 5, Republic of Panama

Telephone: (507) 223-7222

Fax: (507) 264-4730

Offshore Incorporations/Investment Immigration

Quijano & Associates, Attorneys-at-Law

Salduba Building, 3rd Floor

PO Box 0816 -02884

Panama, Republic of Panama

Telephone: (507) 269-2641 or (507) 269-2743

Fax: (507) 269-2591 or (507) 263-8079

E-mail: quijano@quijano.com

Web site: www.quijano.com

Full Service Law Firm/Immigration/Residency

Rainelda Mata-Kelly, Attorney at Law

PO Box 9012

No. 414, 4th Floor, Balboa Plaza, Balboa Avenue

Panama 6, Republic of Panama

Telephone: (507) 263-4305

Fax: (507) 264-2868

E-mail: rmk@mata-kelly.com

Web site: www.mata-kelly.com

Immigration/Residency

Derek Sambrook

Trust Services Ltd.

220 TODAY ’S TAX HAVENS

Balboa Plaza, Suite 522

Avenida Balboa, Panama, Republic of Panama

Mailing address: Apartado 0832-1630, World Trade Center

Panama, Republic of Panama

Telephone: (507) 269-2438

Fax: (507) 269-4922

E-mail: Sambrook@trustserv.com

Web site: www.trustserv.com

Offshore Immigration Trusts/Trust and Estate Planning

Stern & Co. SA

PO Box 871075

Panama 7, Republic of Panama

Telephone: (507) 223-3134

Fax: (507) 223-3899

Comprehensive Business Law Firm

Saint Kitts and Nevis

Affiliations: Commonwealth of Nations; United Nations.

Location: West of Antigua in the Lesser Antilles of the Caribbean Sea.

Capital and Largest City: Basseterre (Capital—Saint Kitts); Charlestown

(Largest—Nevis).

Government: Constitutional monarchy.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: East Caribbean dollar.

International Time: −4 hrs. GMT.

Country Code: 809.

Embassy: Embassy of Saint Kitts and Nevis, 3216 New Mexico Avenue, NW,

Washington, DC 20016. Telephone: (202) 686 -2636.

Type of Legal Entities: International Business Company (IBC). Bearer shares

are permitted. Total anonymity. No minimum capitalization required.

Unique Characteristics: A T-7 tax haven. Excellent for offshore and e-commerce

business. Strict bank secrecy. Excellent asset protection trusts like Belize

and the Cook Islands. One of the two best Economic Citizenship Programs

available. Dominica has the other program.

Taxation: A no-tax haven.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Site: www.embassy.gov.kn

Business Contact:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC V6C 2G8 Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

E-mail: Info@BarberFinancialAdvisors.com

Web site: www.BarberFinancialAdvisors.com

Incorporation/Management/Personal and Corporate Bank

Accounts/Credit & Debit Cards/Asset Protection Trusts/Offshore

E-Commerce/Ready-Made Companies

Saint Vincent and the Grenadines

Affiliations: Commonwealth of Nations; United Nations.

Location: Lies 100 miles west of Barbados in the Caribbean.

Capital and Largest City: Kingstown.

Government: Parliamentary Democracy.

Legal System: English common law.

Official Language: English, French patois.

Stability: Stable.

Currency: East Caribbean dollar.

International Time: −4 hrs. GMT.

Country Code: 809.

Embassy: Embassy of Saint Vincent and the Grenadines, 3216 New Mexico

Avenue, NW, Washington, DC, 20016. Telephone: (202) 364-6730.

Type of Legal Entities: International Business Company (IBC); Limited Duration

Company (LDC); foreign company; International Insurance

Company.

Unique Characteristics: Bank secrecy and confidentiality are protected by

stiff civil and/or criminal penalties under the Confidentiality Relationship

Preservation (International Finance) Act of 1996.

Taxation: A no-tax haven.

Exchange Controls: None.

Treaties in the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Site: www.svtourism.com

Business Contacts:

Argon Limited

97 Granby Street, 1st Floor

PO Box 1817

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 485-6585

Fax: (784) 485-6586

E-mail: argon@caribsurf.com

Incorporation/Management/Trust Services

Caribbean Financial and Accounting Services Limited

18 Long Lane Upper, Middle Street

PO Box 561

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 456 -2669

Fax: (784) 456 -1576

E-mail: kpmgsvg@caribsurf.com

Offshore and Accounting Services

Corporate Agents (SVG) Limited

Medical Arts Building, Paul’s Avenue

PO Box 1818

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 457-1902

Fax: (784) 457-1906

E-mail: corpagnt@caribsurf.com

Incorporation/Management

Cosmos Trust Limited

78 Halifax Street, PO Box 726

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 457-1258

Fax: (784) 457-2653

E-mail: akin@caribsurf.com

Trust Services

Fidelity International Consultants Ltd.

Stewart Building, Long Wall

PO Box 1758

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 456 -1912

Fax: (784) 457-2469

E-mail: gmstewart@caribsurf.com

Incorporation/Management/Trusts/Fiduciary

The Grenadines Trust and Management Co. Ltd.

Murray’s Road

PO Box 1693

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 456 -2615

PROFILES OF TAX HAVENS 223

Fax: (784) 457-2867

E-mail: gtmc@caribsurf.com

Incorporation/Management/Trust Services

Ramerson Trust Corporation

Granby Street, the Methodist Building

PO Box 597

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 457-2372

Fax: (784) 457-2307

Trust Services

St. Vincent Trust Service Ltd., Caribbean Office

Trust House, 112 Bonadie Street

PO Box 613

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 457-1145

Fax: (784) 457-1961

E-mail: trust house@saint-vencent-trust.com

Incorporation/Management/Trusts/Tax Planning

Sovereign Bank Corporation Ltd.

The Financial Services Center

PO Box 1824

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 456 -2458

Fax: (784) 456 -1605

E-mail: sovereignfund@caribsurf.com

Offshore Banking Services/Offshore Funds

TBS Management & Trust Co. Ltd.

Cnr. Granby & Sharpe Streets, Suite K643

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 456 -2119

Fax: (784) 457-2346

E-mail: tbs@caribsurf.com

Incorporation/Management/Trust Services

Universal Trust Co. (U.T.C.)

White Chapel, PO Box 1281

Kingstown, St. Vincent and the Grenadines

Telephone: (784) 457-1828

Fax: (784) 456 -2485

E-mail: kayrab@caribsurf.com

Trust Services

Seychelles

Affiliations: Commonwealth of Nations; United Nations.

Location: Indian Ocean northwest of Madagascar.

Capital and Largest City: Victori.

Government: Socialist Multiparty Republic; Self -governing and independent.

Legal System: Civil law system and common law.

Official Language: Seselwa, Creole, English, and French.

Stability: Stable.

Currency: Seychelles rupee.

International Time: 4 hrs. GMT.

Country Code: 248.

Embassy: Permanent Mission of Seychelles to the United Nations, 800 Second

Avenue, Suite 400C, New York, NY 10017. Telephone: (212) 972-1785.

Type of Legal Entities: International Business Companies (IBC); common law

trusts; insurance companies; and mutual funds.

Unique Characteristic: Beautiful beaches!

Taxation: IBCs are not subject to taxes.

Exchange Controls: None.

Treaties in the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.state.gov/r/pa/ei/bgn/6268.htm

Business Contacts:

A.C.T. Offshore (Pty) Ltd.

The Company Shop

1st Floor, Oliaji Trade Center

PO Box 1377

Victoria, Seychelles

Telephone: (248) 224-899

Fax: (248) 324-777

E-mail: acts@seychelles.net

Web site: www.offshorecompanies.net

Incorporation/Accounting/Legal

FIFCO (Offshore) Services Ltd.

Suite 103, Premier Building

PO Box 308

Victoria, Mahe, Seychelles

Telephone: (248) 323-332

Fax: (248) 324-009

E-mail: fifco@seychelles.net

Incorporation/Management

PROFILES OF TAX HAVENS 225

International Business Registration Agents (Pty) Ltd.

Revolution Avenue

PO Box 18

Victoria, Mahe, Seychelles

Telephone: (248) 612-612

Fax: (248) 612-300

E-mail: ajshah@seychelles.net

Offshore Financial Services

International Corporate Agents Limited

102, AartiChambers, Mont Fleuri

PO Box 870

Victoria, Mahe, Seychelles

Telephone: (248) 225-755

Fax: (248) 225-991

Incorporation/Management/Trustees

Intershore Consult

306 Victoria House

PO Box 673

Victoria, Mahe, Seychelles

Telephone: (248) 225-562

Fax: (248) 225-626

E-mail: interlaw@seychelles.net

Incorporation/Management/Investment Consultants

Switzerland

Affiliation: United Nations.

Location: Western Europe. Bordered by France, Germany, Austria, Liechtenstein

and Italy.

Capital and Largest City: Zurich.

Government: Federal Republic.

Legal System: Civil law system.

Official Language: German, French, Italian, Romansch, and English.

Stability: Stable.

Currency: Swiss franc.

International Time: 1 hr. GMT.

Country Code: 41.

Embassy: Embassy of Switzerland, 2900 Cathedral Avenue, NW, Washington,

DC 20008. Telephone: (202) 745-7900.

Type of Legal Entities: AG; SA; GmbH; SARL. The AG or Aktiegesellschaft is

the most common entity organized under the Laws of Obligation. It is a

stock corporation that can issue either bearer or registered shares.

Unique Characteristics: A T-7 country. Famous for banking and bank secrecy.

Specialists in portfolio management. Known for investment funds and

insurance products. Potential expatriate haven. Refer to Campione,

backdoor to Switzerland as a viable alternative to incorporating or living

in Switzerland. Home to several securities and commodities exchanges.

Member of the Financial Action Task Force (FATF). Getting

outside pressures from the EU and OECD. Note: Liechtenstein is a good

alternative to Switzerland as a banking center and asset haven.

Taxation: A low-tax haven with a complicated tax structure. Expect to pay

around 10 percent on after-tax profit in federal taxes along with cantonal

taxes between 15 and 32 percent. An auxiliary or domiciliary

company may pay no tax or receive a much lower rate than usual.

Exchange Controls: None.

Treaties with the United States: There is an income tax treaty. No TIEA. No

MLAT.

Useful Web Site: www.gov.ch

Business Contacts:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC V6C 2G8 Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

E-mail: Info@BarberFinancialAdvisors.com

Web site: www.BarberFinancialAdvisors.com

Personal and Corporate Swiss Bank Accounts/Debit and Credit Cards

ABN AMRO Trust Company (Suisse) S.A.

Rue du Rhone 80

PO Box 3768

CH-1204 Geneva, Switzerland

Telephone: 41 (22) 817-1950

Fax: 41 (22) 817-1955

Incorporation/Management/Swiss, Liechtenstein, and Offshore

Bank Julius Baer

Bahnhofstrasse 36

CH-8010 Zurich, Switzerland

Telephone: 41 (1) 228 -5111

Fax: 41 (1) 211-2560

Web site: www.juliusbaer.com

Private Banking/Portfolio Management

Bank Sarasin & Co.

Elisabethenstrasse 62

CH-4002 Basel, Switzerland

Telephone: 41 (61) 277-7777

Fax: 41 (61) 277-7730

Asset Management/Securities Brokerage/Commercial Banking

CAI Conseil (Suisse) SA

19 Rue du Rhone

PO Box 3624

CH-1204 Geneva 11, Switzerland

Telephone: 41 (22) 700-2925

Fax: 41 (22) 700-2933

International Financial Planning

Coutts & Co (Trustees) S.A.

13 Quai de L’ille

PO Box 5511

CH-1211 Geneva 11, Switzerland

Telephone: 41 (22) 319-0101

Fax: 41 (22) 319-0102

Private Banking/Incorporation/Management

EFG Private Bank SA

Bahnhofstrasse 16

PO Box 2255

CH-8022 Zurich, Switzerland

Telephone: 41 (1) 226 -1717

Fax: 41 (1) 226 -1727

Private Banking

EPS Value Plus AG

Bodmeistr. 9

PO Box 2255

CH-8027 Zurich, Switzerland

Telephone: 41 (43) 344-3800

Fax: 41 (43) 344-3801

Offshore Investments/Life Insurance/Trust Services

JML Portfolio Management Ltd.

Germaniastrasse 55

CH-006 Zurich, Switzerland

Telephone: 41 (58) 800-5440

Fax: 41 (58) 800-5441

Web site: www.jml.com

Swiss Investments and Asset Protection Vehicles for Americans

and Others

Marc-Andre Sola

Managing Partner

NMG International Ltd.

Zurich, Switzerland

Telephone: 41 (1) 266 -2141

Fax: 41 (1) 266 -2149

E-mail: marcsola@nmg-ifs.com

Web site: www.nmg-ifs.com

Swiss Banking and Insurance Specialist

Meespierson Intertrust (Schweiz) AG

Alpenstrasse 15

PO Box 4620

CH-6304 Zug, Switzerland

Telephone: (41) 726 -8200

Fax: (41) 726 -8250

Company Management/Trust Services/Swiss and Liechtenstein

Rathbone Trust Company SA

1 Place de Saint-Gervais

PO Box 2049

CH-1211 Geneva 1, Switzerland

Telephone: 41 (22) 909-8900

Fax: 41 (22) 909-8939

Offshore Incorporations/Anglo-Saxon Trusts and Foundations

Rickenbach & Partner, Attorneys at Law

Schlossbergstrasse 22

CH-8702 Zollikon-Zurich, Switzerland

Telephone: 41 (1) 391-4477

Fax: 41 (1) 391-7735

Swiss and Liechtenstein Business and Commercial Law

Shahab Malek-Abhari

Wealth Manager

Anker Bank Lausanne

Private Banking

Avenue de la Gare, 50

CH-1001 Lausanne, Switzerland

Telephone: 41 (0) 21-321-07-07

Fax: 41 (0) 21-321-07-98

Direct: 41 (0) 21-321-07-33

E-mail: shahabeddin.malek-abhari@ankerbank.ch

Investment Management. Minimum to establish a portfolio is U.S.

$200,000. A personal visit is required.

Dr. Erich Stoeger

Chairman

EurAxxess

Switzerland

Toll-free: (800) 331-0996

E-mail: infor@euraxxess.com

Web site: www.euraxxess.com

A Global Financial Services Company

Von Sury Trust Limited

Spalentorweg 20

PO Box 109

CH-4009 Basle, Switzerland

Telephone: 41 (61) 269-2020

Fax: 41 (61) 269-2000

Swiss and Offshore Incorporations/Management/Asset Management

Turks and Caicos

Affiliation: Overseas Territory of the United Kingdom.

Location: In the Caribbean, south of the Bahamas.

Capital and Largest City: Cockburn Town.

Government: Self -governing British Crown Colony.

Legal System: English common law.

Official Language: English.

Stability: Stable.

Currency: U.S. dollar.

International Time: −5 hrs. GMT.

Country Code: 809.

Embassy: British Embassy, 3100 Massachusetts Avenue, NW, Washington, DC

20008. Telephone: (202) 588-7800.

Type of Legal Entities: Exempt Company. Bearer shares are permitted. Limited

partnerships; offshore bank licensing; mutual funds; insurance

company licensing. Attractive trust laws, including asset protection

trusts (APTs).

Unique Characteristics: Possible expatriate haven under their Permanent

Residency Program or Business Residency.

Taxation: A no-tax haven. The government will guarantee not to impose

taxes for 20 years.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. There is an

MLAT.

Useful Web Site: www.turksandcaicos.tc/government

Business Contacts:

Barclays Bank PLC (International Banking Center)

PO Box 236, Butterfield Square

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 941-3606

Fax: (649) 941-3430

E-mail: Barclays@tciway.tc

International Banking

The Chartered Trust Company

PO Box 125, Town Center Building

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 946 -4881

Fax: (649) 946 -4041

Web site: www.chartered-tci.com@tciway.tc

Incorporation/Management/Immigration

Claymore Corporate Services Ltd.

PO Box 564, Market Place

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 941-3216

Fax: (649) 946 -4939

Incorporation/Management/Real Estate/Intellectual Property

The Claymore Group

PO Box 64, Building C, Market Place

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 946 -4109

Fax: (649) 946 -4939

Web site: www.claymore.tc

Incorporation/Asset and Investment Management

Coriats (Caribbean) Limited

PO Box 171, Bristol House, The Center

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 946 -4800

Fax: (649) 946 -4850

E-mail: trust@coriats.com

Web site: www.coriats.com

Offshore Financial Services/Trust Services

International Company Services (TCI) Limited

PO Box 107 Oceanic House, Duke Street

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 946 -2828

Fax: (649) 946 -2825

E-mail: icsltci@hotmail.com

Incorporation/Management/Trusts

Kermount Corporate Services Limited

PO Box 191, 1 Runica House, Leeward Highway

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 946 -4181

Fax: (649) 946 -4040

E-mail: kermount@tciway.tc

Incorporation/Management

Logberg Corporate Services Limited/Twa, Cochrane, Skatfeld

PO Box 209, Chancery Court

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 946 -4261

Fax: (649) 946 -4410

E-mail: twa@tciway.tc

Incorporation/Management/Trusts

Sovereign Trust (TCI) Limited

PO Box 170, Churchill Building, Front Street

Providenciales, Turks & Caicos Islands, West Indies

Telephone: (649) 946 -2050

Fax: (649) 946 -1593

E-mail: tci@sovereigngroup.com

Incorporate/Management/Estate/Tax Planning/Taxation

Vanuatu

Affiliations: Commonwealth of Nations; United Nations.

Location: This archipelago of 83 islands stretches 1,400 miles northeast of

Australia.

Capital and Largest City: Port Vila.

Government: Independent Republic.

Legal System: English common law.

Official Language: Bislama. Also speak English and French.

Stability: Stable.

Currency: Vatu.

International Time: 11 hrs. GMT.

Country Code: 678.

Embassy: No embassy in the United States.

Type of Legal Entities: International Company, an exempt company; exempt

insurance companies; and exempt offshore international bank licensing.

Unique Characteristics: The Government Act protects secrecy. No extradition

treaties or diplomatic relations with the United States. Once blacklisted

but not any longer. A popular tax haven with Aussies.

Taxation: A no-tax haven.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.vanuatugovernment.gov.vu

Business Contacts:

Barber Financial Advisors

355 Burrard Street, Suite 1000

Vancouver, BC V6C 2G8, Canada

Telephone: (604) 608-6177

Fax: (604) 608-2984

E-mail: info@BarberFinancialAdvisors.com;

BarberFinancial@hotmail.com

Web site: www.BarberFinancialAdvisors.com

Private Bank Accounts

ANZ Bank (Vanuatu) Limited

Lini Highway, PMB 003

Port Vila, Vanuatu

Telephone: (678) 22536

Fax: (678) 22814

E-mail: tilbroom2@anz.com

Web site: www.anz.com/vanuatu

International Banking/Internet Banking

European Trust Company Limited—Shareinvest

International Building, PO Box 257

Port Vila, Vanuatu

Telephone: (678) 23410

Fax: (678) 23405

E-mail: security@vanuatu.com.vu

International Securities Dealer

Fidelty Pacific Life Insurance Company Limited

International Building, PO Box 301

Port Vila, Vanuatu

Telephone: (678) 24170

Fax: (678) 25520

E-mail: fidelity@vila.net

Single Premium Life Insurance

Geoffrey Geev & Partners, Barristers & Solicitors

2nd floor, Raffea House, Kumul Highway

PO Box 782

Port Vila, Vanuatu

Telephone: (678) 22067

Fax: (678) 23710

E-mail: geoffgee@vanuatu.com.vu

Offshore Business and Financial Law Firm

George Vasaris & Co.

2nd Floor, Law House, Kumul Highway

PO Box 166

Port Vila, Vanuatu

Telephone: (678) 22457

Fax: (678) 22973

E-mail: lawhouse@vanuatu.com.vu

Offshore Financial and Legal Services

Global Management Services

Moore Stephens House, Lini Highway

PO Box 211

Port Vila, Vanuatu

Telephone: (678) 22159

Fax: (678) 22276

Offshore Financial Services

Guardian Trustees Limited

Windsor House, Kumul Highway

PO Box 1100

Port Vila, Vanuatu

Telephone: (678) 22366

Fax: (678) 23836

E-mail: guardian@guardiantrustees.com

Web site: www.guardiantrustees.com

Incorporation/Management/Trusts/Asset Protection

Hudson & Sugden

1st Floor, Lo Lam House, Lini Highway

PO Box 7

Port Vila, Vanuatu

Telephone: (678) 22166

Fax: (678) 24260

E-mail: hudco@vanuatu.com.vu

Web site: www.hudson.ecn.net.au

Incorporation/Management/Trusts/Legal

Moore Stephens

1st Floor, Moore Stephens House, Kumul Highway

PO Box 95

Port Vila, Vanuatu

Telephone: (678) 22159

Fax: (678) 22276

E-mail: msvila@vanuatu.com.vu

Web site: www.msvanuatu.com.vu

International Tax Planning/Business Services

National Bank of Vanuatu

PO Box 249

Port Vila, Vanuatu

Telephone: (678) 22201

Fax: (678) 22761

Commercial Bank

Pacific International Trust Company Limited

International Building, PO Box 45

Port Vila, Vanuatu

Telephone: (678) 23410

Fax: (678) 23405

E-mail: security@vila.net

Incorporation/Management/Trust Services/Tax Advice

Vanuatu International Trust Company Limited (VITCO)

BDO House, PO Box 240

Kumul Highway

Port Vila, Vanuatu

Telephone: (678) 22280

Fax: (678) 22317

E-mail: bdo@vanuatu.com.vu

Web site: www.bdo.com.vu

Incorporation/Trustee Services/Tax Planning/Investment Advise

Western Samoa

Affiliation: United Nations.

Location: A group of Polynesian islands in the South Pacific northeast of

Australia.

Capital and Largest City: Apia.

Government: Parliamentary Government.

Legal System: Based on English common law and local customs.

Official Language: Samoan. A fair amount of English is also spoken.

Stability: Stable.

Currency: Tala.

International Time: −11 hrs. GMT.

Country Code: 685.

Type of Legal Entities: International Companies; offshore bank licensing; insurance

companies; and international trusts.

Unique Characteristics: Strict bank secrecy guaranteed by law and confidentiality

of company information.

Taxation: No taxes imposed on the legal entities listed.

Exchange Controls: None.

Treaties with the United States: No income tax treaty. No TIEA. No MLAT.

Useful Web Site: www.interwebinc.com/samoa

Business Contacts:

Asiaciti Trust Samoa Limited

Level 2, Lotemau Center

Vaea Street

Apia, Western Samoa

Telephone: (685) 24550

Fax: (685) 21837

E-mail: asiaciti@samoa.ws

Incorporation/Management/Trusts

Intetrust Limited

Level 1, Central Bank of Samoa Building

Beach Road, PO Box 2033

Apia, Western Samoa

Telephone: (685) 20776

Fax: (685) 20777

Incorporation/Management/Trustee Services