Below are the 5 most recent journal entries recorded in bamserunits' InsaneJournal:

Saturday, October 9th, 2010
10:50 am	Learn how an offshore company can explode your profits? Creating an offshore company whereby to operate your business can be an superb way to boost income along with grow your business enterprise more rapidly. For many years enterprises in addition to people have stationed their hq within states as well as nations offering them economic advantages that their geographic area ceases to deliver. In the us a large number of firms are made within the State of Nevada in order to avoid the higher tax rates within the neighboring state of California. The concept of offshore companies isn't new, and also the internet making the world smaller daily it is becoming easier and easier to enjoy the advantages of an offshore company, even if you are not a big multi-national company. Making an offshore company isn't challenging and this eBook will certainly put together the huge benefits an offshore company can give you and will detail learn how to set up your offshore company without any difficulty. Take on 7 minutes out of your day to read through this eBook and then decide whether or not an offshore company is for you and your business. If it is, we will show you exactly what you can do to set up an offshore company and begin increasing your profits by reducing your overheads. If it is not for you currently then simply continue on with your day knowing that in the future this may be a possibility. What's An Offshore Company? For many years the rich have done business in places that welcome their cash (and that don't take it away through excessive taxes). These days it's incredibly easy to operate a business in your local jurisdiction through a company that is incorporated in a separate jurisdiction. A powerful offshore company is actually a company that is incorporated outside the location or jurisdiction in which it primarily works. An illustration of this an offshore company will be a company that is incorporated in Canada nevertheless functions for the most part in the US. www.cclogic.com -77 strovolou avenue ● strovolos center, off. 204 ● 2018 Strovolos ● NIcosia, Cyprus -357 22 589361 ● sales@cclogic.com ● cclogic.com ● skype: cclogIC ● Reg. no. 235593 - CCLOgic Limited Do you know the Gains Of Having An Offshore Company? You will find three important advantages of having an offshore company: 1. Taxation Rewards The region in which your business generally works may not necessarily be the best country for your enterprise to be incorporated in. A lot of offshore jurisdictions can provide you with lawful tax advantages which may decrease your tax bill by 50 % or even decrease it to almost nothing! Observe that I said Legitimate tax advantages. Generally when people hear of offshore companies they think of outlawed tax evasion. Nevertheless offshore companies have been used for hundreds of years to minimise tax legally. Visualize what you would be able to do in the event you reduce your tax bill by 50 %, or even decreased it entirely. You may could grow the business more quickly, maybe you could invest in property, maybe you could hire more employees to keep up with demands, maybe you could fire some of your customers and earn the same profit with less work? Lowering your taxes can do miracles for your business. It's no wonder that smart companies are incorporating in tax favourable nations like Cyprus. In a moment I am going to show you how incorporating in Cyprus could help your business and how you can do it quickly and easily with no hassle or stress.. 2. Asset Protection By incorporating your company in an offshore jurisdiction and by using the correct legal structures you can help protect your assets from law suits and from people trying to get at your hard earned money. After all, it would be a shame to create a profitable empire only to have it taken away from you in a lawsuit. 3. Privacy Protection Some business owners prefer to operate their businesses in private. An offshore company, complete with nominee directors and shareholders can offer you complete control of your business while remaining completely anonymous. Want to read the whole Offshore Company eBook? please download it for free here: Offshore Company eBook, learn how an offshore company can protect your assets. (Comment on this)
Sunday, September 5th, 2010
1:38 pm	Seychelles International Trust for Tax and Asset Management- learn how to setup! Seychelles International Trust for Tax and Asset Management- learn how to setup! The primary benefits of the Seychelles International Trust are in terms of the opportunities it offers by way of Tax minimisation, Financial Planning, Succession planning and Financial Privacy. The law also contains strong asset protection provisions. Neither the name of the person establishing the Trust nor the persons who are to benefit from the Trust are disclosed to the Registry. Upon registration the Registrar simply issues a sealed letter confirming registration and specifying the name and registration number of the Trust. The Seychelles International Trust also has significant appeal as a holding vehicle wherein it is deployed to hold shares in an IBC as this can enable the would be beneficiaries to defer or avoid tax on the profits of the IBC for an indefinite period. Features & Benefits of Seychelles International Trusts Other features of Seychelles Trusts include: * A Seychelles Trust pays no taxes in Seychelles on its foreign income * A copy of the Trust Deed is not required to be filed with the Registry * A Seychelles International Trust can own property anywhere (except for land in Seychelles; though it can own shares and/or maintain bank accounts here) * The Settlors or Trustees can themselves be Beneficiaries of the Trust * The Settlor can choose whatever country's laws he prefers as the laws by which the Trust is to be governed * Someone resident outside Seychelles may be appointed as a co-Trustee * There is no requirement to mention the names of the Settlor or the final Beneficiaries in the Trust Deed * The transfer of Property to a Seychelles Trust cannot be overturned by any foreign laws as to forced heirship * A Seychelles International Trust cannot be voided by reason of a Settlor becoming bankrupt. * The only way that a Settlor's creditors can attack a Seychelles Trust is by commencing legal action against the Trustee in the Seychelles Supreme Court seeking to have the Trust declared a sham. * Any legal action to claw back assets transferred to a trust, must be brought within two years of the date of transfer of the disputed asset to the Trust. Settlor's "wishes" Whilst the Trustees administer the trust at their discretion, a Letter or Expression of "Wishes" is commonly provided by the Settlor, setting out his or her wishes in relation to administration of the trust, including with respect to o distributions, timing of distributions, deletion or substitution of beneficiaries and etc. Though not bound by the Expression of wishes the Settlor's wishes are commonly respected so as to ensure that the legal integrity of the Trust (in terms of its aim to assist the proposed beneficiaries) is maintained. Asset Protection Provisions The Seychelles International Trusts Act 1994 ("the Act") provides: * "that notwithstanding any foreign laws, an international trust shall not be void by reason of the settlor's bankruptcy or liquidation of the settlor's property or in any legal action against the settlor by the settlor's creditors (except where the Seychelles Supreme Court finds beyond reasonable doubt that the trust was made with the intent to defraud creditors of the settlor or the settlor was insolvent at the time when the property was vested in the trustee. The onus of proof as to intent to defraud rests on the creditor claimant)" & * "that a legal claim by a creditor shall not be permitted against a trustee of an international trust after 2 years from the date of transfer of assets into the trust. " * This affords a would be legal claimant a very narrow opportunity to "attack" a Seychelles trust. In addition to the 2 year legal claim limit period, a claimant creditor ALSO has to prove his or her case "beyond reasonable doubt" (Which is higher than the usual civil onus of "on the balance of probabilities"). * Confidentiality * Although a Seychelles International Trust is "registered" and a registration number allocated, the Trust Deed does not have to be filed with the Registry. * There is no requirement to file with the Registry details of the Settlor or the beneficiaries (except for any beneficiaries who are Seychellois nationals) * No information or document relating to an international trust can be made public, except by order of the Seychelles Supreme Court on application made by the Seychelles Attorney General and then only for the purpose of an inquiry into or trial relating to drug trafficking, arms trafficking or money laundering. * Forced heirship * Seychelles has strong anti-forced heirship provisions with regard to trusts. Neither an international trust nor any transfer or disposition of property to the trust can be invalidated by any foreign rule of forced heirship, nor because the trust concept is unknown to or not admitted by the laws of the foreign jurisdiction Yes it makes sense from both a tax planning and asset protection perspective to have a PIF or Trust owing the shares of an IBC. Particularly the Foundation is a useful structure as the law here makes it plain that the owner of assets held by the Foundation is the Foundation not the beneficiaries thereof. That presents huge tax planning opportunities. See attached brochures which may be of use. International Trust - Seychelles Seychelles International Trust for Tax and Asset Management- learn how to setup! | Grow Your Wealth Faster With A Cyprus Holding Company - (Comment on this)
Thursday, September 2nd, 2010
10:04 am	Forex Tradin Free Online Forex Course, learn where to start and how to avoid los Free Online Forex Course This might be of interest to anyone looking to make a second income trading Forex online there is a special online 5 day FREE forex course.These forex courses normally sell for thousands so it is great chance to learn how to currency trade for free . The trading strategy they teach is an end of day forex trading strategy meaning that once you attend the free courses it only takes 15 minutes in the evening to trade. This will be a hugely informative course. It is suited to both beginners and advanced trading levels.This is not a get rich quick scheme but during the week you will learn everything you need to know to become a successful forex trader. If you cant make this they will let you know about upcoming forex courses when you sign up for updates. The training company have also tied up a a deal with a leading spread betting company who will give people a free 120 dollars when they open an account and start actually trading with their new skills.The spread betting company is happy to do this as people who undergo good training are more likely to remain as customers. It costs the spread betting company much more to get new clients than 120 euros so they are satisfied with the deal.Please note the two companies are different.One simply trains.The other is for the actual trading and is a leading financially regulated company.You are under no obligation to use the trading company after your free course.But should you wish you can benefit from the free cash towards your trading.Full details are given to attendees of the Free 5 day course. Free Online Forex course Investing Mistakes to Avoid Along the way, you may make a few investing mistakes, however there are big mistakes that you absolutely must avoid if you are to be a successful investor. For instance, the biggest investing mistake that you could ever make is to not invest at all, or to put off investing until later. Make your money work for you - even if all you can spare is $20 a week to invest! While not investing at all or putting off investing until later are big mistakes, investing before you are in the financial position to do so is another big mistake. Get your current financial situation in order first, and then start investing. Get your credit cleaned up, pay off high interest loans and credit cards, and put at least three months of living expenses in savings. Once this is done, you are ready to start letting your money work for you. Investing Mistakes to Avoid Choosing the right Forex Broker Depending on the type of investing that you plan to do, you may need to hire a broker to handle your investments for you. Brokers work for brokerage houses and have the ability to buy and sell stock on the stock exchange. You may wonder if you really need a broker. The answer is yes. If you intend to buy or sell stocks on the stock exchange, you must have a broker. Stockbrokers are required to pass two different tests in order to obtain their license. These tests are very difficult, and most brokers have a background in business or finance, with a Bachelors or Masters Degree. It is very important to understand the difference between a broker and a stock market analyst. An analyst literally analyzes the stock market, and predicts what it will or will not do, or how specific stocks will perform. A stock broker is only there to follow your instructions to either buy or sell stock… not to analyze stocks. Choosing the right Forex Broker (Comment on this)
Thursday, August 26th, 2010
9:30 am	CCLOGIC.COM the requirements to open a Cyprus Bank Account for enterprises Everyday we have several demands coming from businesses and businesses globally to open company bank accounts in Cyprus with the major banks there. Truly it isn't hard to open a business bank account in Cyprus by using banks like Bank of Cyprus, USB Bank or some other Cyprus bank, nevertheless it will need your particular attention in the assortment of the necessary papers! We have built an in depth checklist Cyprus Bank Account requirements of the requirements as well as required paperwork to help you open a business bank account using the major banks in Cyprus as easily as possible, virtually all merely copy the requirements to their offshore company incorporation service and request them all in one package helping to make the whole process easy to complete. The most significant concern we frequently see when new clients which did not incorporated their company via CCLOGIC .COM for reasons yet unknown, is, the lack of understanding of what's needed, and not to forget about that many not really have the required paperwork whilst they were by no means given by the offshore incorporation agent they used for the company incorporation. Quite often there are fees associated to request the extra paperwork needed from the current agent which we understand my occur as an big surprise for many, sometimes the nominee services given by the offshore company incorporation agent (if nominees are used) is not going to agree to supply the required papers such as passport copy, utility bill as well as reference letter that may end the entire process. When you consider to open a corporate Cyprus bank account it is crucial that you clear every point together with your present offshore incorporation service prior to applying for the account and prior to you making the actual payment, it is rather time intensive to gather every document 1 by 1 and also unsatisfactory if your existing agent neglects at all to deliver. To make sure that you possibly can open a Cyprus bank account for your organization, we have as pointed out layed out in details what needs there are, you can find it at link Cyprus Bank Account requirements Regrettably the real reason for the lack of papers is the fee many pay for the incorporation, daily we have requests on our services and many say we are too expensive and they turn to the competition for the offshore company incorporation just to come back later for the bank account opening and then we are where all troubles start, in 99% of all cases the client has to go back and pay twice the amount that we had charged initially to get all documents required, they get frustrated and sometimes even just incorporate a new offshore company directly with CCLOGIC.COM this incurs additional costs which could have been avoided if they have come to us from the beginning. We are very disappointed to see this happens and many times we try hard to help requesting the correct documents before the final decision is made to simply start from scratch and incorporate a new offshore company. To make the point, we would like you to succeed in the opening of a corporate Cyprus Bank Account, and as a consequence we took the step to distribute this information in a helpful mind to help potential new clients to avoid all the stress and trouble it may be to open a corporate Cyprus Bank Account when the essential paperwork can not be supplied. Please explore the following link before you apply. Cyprus Bank Account requirements CCLOGIC.COM the requirements to open a Cyprus Bank Account for businesses | The advantage of using CCLOGIC Ltd for your Internet Online Business Learn more (Comment on this)
Tuesday, August 24th, 2010
4:27 pm	CCLOGIC.COM - The main points Incorporating a company in Cyprus Since we constantly attempt to enhance our services along with information with regards to the Incorporation of a Cyprus Company or other Offshore Company for instant in the Seychelles, then we went on this step to pin point an array of essential queries we get each day through existing along with new clients. Any time one arrange to incorporate a Company in Cyprus for normal trading you will need to understand that there are absolutely no requirements in regards to visit Cyprus nor our office, everything is accomplished online. At this point most people are uncertain of precisely what they have to supply of information along with paperwork in order to incorporate a Cyprus company, the reply is right below here: - copy of passport -- utility bill not older than three months More on this topic can be found here: http://www.cclogic.com/faq/cyprus-company.html I'm not a EU citizens am i allowed to incorporate a Cyprus company? That is once more one great query which also is relevant, the answer is, Indeed, you are able to incorporate a company in Cyprus irrespective wherever on the globe you live, there isn't any limits at all. Are you going to offer an address for my Cyprus company in Cyprus? Sure we will do that, and compared to our competitor which quite often simply provide a P.O. Box address then we provide a genuine address where we are able to receive mail for your company and forward it to you. Many charge extra for this while we don't. Cyprus Banking: Would it be needed to visit the bank in Cyprus to open a bank account? This is one of the many inquiries we receive by many in relation to the opening of a bank account in Cyprus, the answer is, NO, it is not required to go to the bank nor Cyprus everything is handled online. However, we have collected some of the many questions in our Cyprus Bank Account FAQ which can be found here : http://www.cclogic.com/faq/faq-cyprus-bank-account.html What are the requirements to open a Bank Account in Cyprus? Another very common question, which we thought would be needful to give answers on right here: 1.Utility bill (phone or electricity bill) no older than 3 months. 2.A Copy of your current valid Passport (must not be expired) 3.Reference letter, which can be from a Lawyer, current Bank or certified accountants 4.Our Cyprus Bank Account application, which will be send to you once we receive your initial information through this form. 5.A CV from for the person which will be the account holder. For Corporate / Business / Company bank accounts we will also need the following: 1.All corporate documents in English and Apostilled 2.Power of Attorney for the person that is opening the bank account 3.If the corporate documents are not in English, a official translated version needs to be provided. 4.Shareholder Certificate 5.A CV (& Business card if available) from the person that will be the account holder. 6.The banking application will need to be sent to our office in Cyprus by post mail or courier (Fedex, DHL etc.) For companies which are older than 1 year we require a Certificate of Incumbency. For new companies we don't need that, however some banks will require a certificate of good standing for companies in certain jurisdictions. Additional questions can be found on the FAQ link above relevant for Cyprus Bank Accounts. The demand of forming a Forex Trading company in Cyprus is enormous and it is simply not possible for us to keep up with all the questions we get on our FAQ, we have published the most important information in regards to share capital, establishing fees and laws for a CIF license (Forex Trading license) on our website and as well in the FAQ which we update frequently. The Forex Trading Company in Cyprus FAQ can be found here: http://www.cclogic.com/faq/forex-trading.html Let it be explained already now, it's not inexpensive to incorporate a Forex Trading company in Cyprus, you will find tremendous requirements in order to accomplish this and it requires lots of share capital that actually is paid up, even so, we have assisted a lot of companies conducting Forex Trading, so we can help you if you believe we may be the right business partner for you. Ready-Made / Shelf Companies / dormant companies do you have such available in Cyprus? Some of the many questions we get from clients who require a company right now because they are in the process to enter into some sort of investment, we have always at least 10 companies available which can be acquired by a client and that is ready to trade, we have even aged Companies available at present time from 2006/2007/2008/2009 please ask for a list. Also here applies, everyone can acquire a Cyprus dormant company online and regardless where they live. Learn more about our Ready-Made Cyprus companies here http://www.cclogic.com/faq/ready-made-company.html CCLOGIC.COM - The main issues Incorporating a company in Cyprus | The advantage of using CCLOGIC Ltd for your Internet Online Business Learn also (Comment on this)