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Atlantic International Investment Management Limited
(AIIMCO) was established in 1983 and has grown to be a leader in the Caribbean in the provision of offshore corporate and managing services. We have an established clientele that comprises professional individuals who have over the years accumulated wealth offshore and are not burdened by harsh tax structures of their domicile.
We are a firm of the highest integrity known of our speed of response and personal service. Let us now educate you on how our system works.
1) WHAT IS OFFSHORE?
Offshore refers to a group of countries and jurisdiction throughout the world, which offers sound legislation, to create good efficiency. These countries are also known as "Tax Havens."
2) WHAT TO LOOK FOR IN A TAX HAVEN:
A conscientious person would look for the following:
a) Tax Efficiency
b) Sound Legislation – laws should be updated regularly
c) Good Communications
d) No Tax Treaties with other countries
e) Confidentiality – guarantee by laws of the tax haven country
f) A Good Banking System – All banks and trust companies within the tax haven jurisdictions must be regulated and reputed.
g) Political Stability
h) Swift Incorporations
g) deposit ($25,000.00) Twenty-five Thousand Dollars and some banks only accept amount in excess of ($250,000.00) Two Hundred and Fifty Thousand Dollars.
Some banks also offer coded access if the beneficial owner so denies. It the beneficial owns bank account (AIIMCO) as nominee directors. Once this step is completed the owners of the company can invest his monies in the following areas.
3) SELECTING YOUR VEHICLES:
This can be accomplished by the following:
a) Company incorporations of an Offshore International Business Company (I.B.C.)
b) Establishing an Offshore Trust
c) Opening of bank accounts in the name of offshore I.B.C.
d) Establishing debit card facilities
HOW DOES IT WORK?
A company is at law another person; it has distinct legal personality, It's shareholder appoints the directors, and the directors control the day
to day operations of the company.
Many jurisdictions allow for bearer shares and Nominee Directors, who act as agents for beneficial owners of I.B.C. therefore no one will know the beneficial owner of the company and the owner of the company will be strictly and legally protected.
The Nominee Shareholder can execute declaration of trusts in favor of beneficial owners. These documents are not registered. In selecting a tax haven jurisdiction one must ensure that the laws of that jurisdiction give the beneficial owner of the I.B.C. complete protection and confidentiality.
It is our recommendation that one should always do their business or incorporate through an attorney, in that whatever is done is protected by law and have additional attorney client privilege.
DEMONSTRATION-BROKERAGE ACCOUNTS
One company is setup and AIIMCO is appointed nominee directors. They can request brokerage forms from e.g. Charles Schwab or Paine Webber. They will execute the forms under the company name. (Remember always that the company will be a foreign national). Therefore the W-8 form necessary will disclose that the company is foreign and therefore not subject to capital gains taxes.
Once the company's account has been setup monies can be transferred into Company's account at the brokerage house. At this stage Atlantic International can place trades on the beneficial owners' instructions, or if the beneficial owner prefers to execute their own trades the AIIMCO can give them a power of attorney over the I.B.C. account. Therefore giving complete control to beneficial owners.