New York Stock Exchange To BRITISH OFFSHORE GROUP British Offshore Group is an executive level financial and management consulting firm that provides support to corporations, financial institutions and high net worth individuals Offshore Bank Formation Jurisdiction Republic of NAURU Savings Bank as low as $9,500 There's a lot more to a successful bank portfolio than capital. You need resources, technological and marketing expertise, asset management abilities, loan administration - in a word, services. British Offshore Group is the provider of such services.

It may surprise you to learn that the NUMBER ONE reason for people moving money offshore is NOT because of tax benefits but asset protection. Today's predaceous and litigious society unfortunately makes successful people vulnerable to lawsuits of every kind.

Where Is Republic Of NAURU? Country name: Republic of Nauru pronounced Naoero Former : Pleasant Island Government type: Republic Nauru is one of the many little, inhabited atolls in Micronesia. Nauru is the smallest self-governing republic in the world. Nauru has a own government with a president. This government is seated in Yaren. Nauru has no official capitol. Independence: 31 January 1968 (from the Australia, New Zealand, and UK-administered UN trusteeship) Population: 10,000 Currency: Australian dollar

NAURU; So Far Away From Tax Collectors

Nauru offers the possibility of setting up a bank with no requirement for local directors or any local presence apart from a registered office and company secretary in Nauru. These services would normally be provided by a management organization.

Good by uncle...and

For ever!

Why Republic Of NAURU? The business infrastructure is considered excellent. No taxes are imposed on international banking income but the government attitude toward international banks owned by non-bankers is considered just fair. Nauru does have a powerful international banking secrecy law. Advantages to owning a Nauru Bank include: Minimum formation time Low formation costs Minimum pre and post incorporation legal formalities Low capitalization Freedom to issue bearer shares Complete secrecy of operations Anonymity of promoters Non interference in operations Absence of individual and corporate tax structure Complete freedom in conducting all legal activities

Nauru; The Bullet Proof Jurisdiction

The Banking Act 1975 governs banking business in Nauru and provides far two types of licenses, namely - resident and non-resident. Licenses are renewable annually. A resident license permits the bank to carry on a banking business within Nauru, whereas a non-resident license allows the bank to carry on a banking business outside Nauru. The capital requirements for a bank is very low - US$ 100,000 and the time scale is in the order of one to three months. British Offshore Group also can expanded Your Banking License (Charter) to include an insurance license. The minimum capital, which can be subscribed over a period of two years, is $100.000 which does NOT have to be in cash, or equivalent in any major currency. Application can be processed in 4-8 weeks.

NAURU; The Heaven And The Haven

Take deposits Give loans Issue guarantees Issue bonds Issue letters of credit Take deposits Issue financial instruments Offer leasing services Offer payment services Issue checks and credit cards Offer safe custody services Debt collecting services

Currencies Rates

Market insurance services Conduct trading in foreign currencies Offer credit reports Issue your own bank references Issue certificates of deposit Issue letters of recommendation etc. Issue your own major credit cards Set up your own banking instruments Advertise worldwide solicit funds from the general public Write your own credit ratings Write your own bank references All For Only US$9,500

British Offshore Group can customize the above listed services, and many other services, to meet your specific international transaction and banking requirements. Assets can be denominated in any foreign currency, as well as US Dollars.

Mailing, Fax, Telephone And Office Facilities As part of the domiciliary service fee we provide clients with a registered office address in the country of incorporation but clients may find it convenient to arrange for mail forwarding, fax and telephone facilities through our Switzerland, The Bahamas Islands, London or other British Offshore Group offices. This service may be especially useful where, for example, the company is opening bank accounts.

Normally the bank would address statements and other correspondence to the company at the address of the client but this results in a loss of confidentiality in that the connection between the company name and the client will be automatically made. To safeguard against this mail can be directed to our offices and we can re-mail those letters in a plain envelope addressed to the client or otherwise as the client directs. An additional advantage of using our re-mailing services is that the provision of a re-mailing address through one of our prestigiously located offices in the onshore jurisdictions may allow the offshore company to appear to be domiciled on-shore and thereby give that company an added degree if respectability. For example, your offshore company could quote British Offshore Group London office address on its letterhead and thereby appear to be domiciled in the UK. This procedure is particularly attractive if the Hong Kong address is used as a Hong Kong company is not required to quote its registered office address on its letterhead. Thus if an offshore company were to quote a Hong Kong address it would be indistinguishable from the letterhead, from a normal Hong Kong trading company.The charge for this service is only $275 per annum. Trust Services: Using a trust to own the shares of an offshore company can result in very substantial tax and non-tax related advantages which will accrue both on death and during the lifetime of the trust settlor. These advantages may include:

Nauru; The Real Life

Saving Of Inheritance Tax: On death, the Inheritance tax which would normally be assessed on the value of shares would generally be eradicated. Asset Protection: Assets placed into trust are generally beyond the reach of creditors who might arise as a result of financial difficulties, divorce proceedings, litigation, etc. Avoidance Of Probate: A trust provides a means whereby assets can be smoothly passed on to the next generation without the disruption, delays substantial costs, loss of confidentiality associated with the probate procedure which necessarily follows when assets are bequeathed by will. Continuity: Trusts provide a means whereby assets can continue to be administered in accordance with the wishes of the settlor after his death so the weak can be protected from others and the spend-thrift can be protected from himself. Lifetime Tax Savings: During lifetime, substantial income and capital gains tax advantages may result from setting up the trust. Using the service of one of our licensed trust companies, we are pleased to act as trustee for a suitably drafted discretionary trust and the cost of this service would be from US$500 for setting up the trust deed and from US$500 per annum for the provision of trustee services. Other Services: British Offshore Group provides a wide range of administrative and documentary services including, but not limited to legalization and notarizing of documents, credit cards, yacht and ship registration, invoicing, documentary trade services, trade finance applications, accounting, consulting and immigration services. VIP Package: Available at slightly higher cost Summary: Republic of NAURU is absolutely the easiest jurisdiction in the World to get a banking license. The fact that British Offshore Group works directly with the government itself to file and register offshore bank enables us to complete incorporations there very rapidly. A trading corporation incorporated in Nauru, may operate as a commercial and trading bank, as a savings bank or as a financial institution as enunciated in the Banking Act 1975, on procurement of a banking license under the said Act and the Corporation Act 1972. In order to ensure that the prospective licensee has the capability to undertake banking activities either for "in house" operations or general banking, compliance with several formalities is ensured prior to recommending the proposal to the Registration Authorities for consideration.

Your Own Bank; Your Peace Of Mind Your Nauru Bank; Door To Your Financial Freedom Nauru ; The Unspoiled Jurisdiction

Confused? The average person is frequently confused by the complexity of international tax planning and discouraged by the substantial costs involved in an offshore company formation or registering of a bank or trust in a tax haven. The registration costs and ongoing yearly administration expenses frequently exceed what the average person could save in taxes. British Offshore Group has a new program to answer those concerns. We provide the simple, secure, private and low cost answer for the person who is just starting out or the veteran who now understands that simplicity is the essence of genius. Our survey has shown that this solution answers all of the needs for 100% of the persons seeking to go offshore.

The program includes bearer shares so that complete anonymity is guaranteed, documentation and support services so that you can open a financial account under your complete control, where and when you wish, and flexibility so that you can change your financial affairs to reflect your future needs.

We trust that we have clarified the intriguing world of Republic of Nauru bank formation. We will be happy to answer any questions you may have, relating to this opportunity and provide you with additional details regarding any of our devoted services. Please click here to write us the full particulars of your situation and what you wish to accomplish. We will review your situation and offer to you a custom fitted solution. 95% of the time it will be simple to understand and 100% of the time it will be the least expensive alternative.

If you would like to obtain further details of the legislation surrounding the formation of an Offshore Bank In The Republic Of Nauru or wish to discuss any matter in complete confidence, please click here to contact: Mr. John Bosch Ph.D. Vice President British Offshore Group Offshore Bank Formation Division

Thank you for your interest and feel free to contact British Offshore Group if you believe the formation of Your Own Offshore Bank in Republic of Nauru may be appropriate in your particular situation. Any communication with us is considered PRIVILEGED and CONFIDENTIAL.

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