Sovereign Chartered International Bank Offshore Services
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Offshore Services

 

To help you achieve your goals of asset protection, privacy, and tax reduction, Sovereign Chartered offers a variety of offshore services through Sovereign Management Services S.A. Sovereign Management, a Panama based offshore provider, is an affiliate of Sovereign Chartered. More and more people around the world today are moving assets and business offshore because of the many benefits it can provide. If you are not convinced that offshore financial planning is right for you, maybe you should consider the disturbing trends that are eroding your privacy and are putting your assets at risk.

The following sections present each of the offshore services in detail:

 

Overview


The offshore financial industry is evolving very rapidly. This section describes the most recent changes and explains what you need to do in order to get privacy, protect your assets from frivolous lawsuits, and legally minimise your taxes.

 

 
Nevis Offshore-Based LLC

Your best choice if your primary goal is not legal tax efficiency but rather access to a low cost way of sheltering assets and providing privacy. The general advantages of LLCs are enhanced by the jurisdictional advantage of Nevis.

 

 
IBC/Panama Foundation

Your best choice if your primary goal is not just asset protection and complete privacy but legal tax efficiency as well. In essence, a trust is put in place that acts as a Shareholder of the IBC. Ownership thereby is divested to another legal entity.

 

 
Professional Management Services  

Appointing a professional management firm such as Sovereign Management Services S.A. that will manage your offshore Foundation owned corporation provides you with the maximum protection on all fronts. Our in house nominees will act as directors for all structures and are available to execute corporate business on an as-needed basis or you can have them issue you with a Power of Attorney so that you can act on your own.

 

Private Interest Foundations  

A powerful asset protection vehicle that provides strong safeguards against overly ambitious creditors, Panamanian private foundations resemble trusts, except that they own outright the assets placed in them. A Foundation has become the ideal alternative to a Trust especially for those that live in traditional Common Law jurisdictions such as the U. K. and North America, where unfavourable court decisions and legislation have made the trust a less effective estate planning tool. Courts cannot negate the civil law of another country under which the Foundations are created, as with trusts that do not owe their existence to civil law and therefore are not protected.

 

 

International Fiduciary Structure

Our premium package at an unbeatable price offers the addition of a Testamentary Trust to the International Business Corporation coupled with a Foundation. The trust provides the means for the client's wishes at his/her death to be carried out concerning the distribution of the Foundations assets to the heirs/beneficiaries. Since no assets are settled into the trust until the death of the client, there are no trust reporting requirements for EU, North American or Australasian clients.

 

 
IBC/Foundation for Tax-Deferred Investing  

The most common use of an IBC/Foundation combination is for tax deferred investing offshore. Allowing your funds to grow and compound on a tax-basis presents a compelling proposition.

 

 
Account Signatory Services  

Utilising Sovereign Management Service's account signatory services in addition to having nominee directors serving on the Board(s) of your structures solidifies the 'arms length' solution and allows you to comply with laws in certain jurisdictions that may require the reporting of foreign accounts under certain conditions. Your instructions are rapidly executed with our affiliated bank that holds the account.

 

 
E-Commerce Solutions  


Panama is the ideal location for the setting up of an e-commerce business. It’s privacy and tax friendly laws along with an excellent business infrastructure, low cost of doing business, high bandwidth availability due to the confluence of five major backbone under-sea fiber optic cables and a geographical location blessed with no historical exposure to such things as hurricanes and earthquakes are some of the reasons. There is also the new City of Knowledge set up at the former U.S. owned Fort Clayton with incentives in place to attract e-commerce businesses.

 

Offshore Identity Package  


If you are looking for a speedy offshore solution, this introductory special offer may be ideal for you. Our package includes a Nevis Limited Liability Company, an offshore cash management account, an offshore Mastercard, and more.

Offshore Jurisdictions

We strongly feel that Panama and Nevis are two best offshore jurisdictions to utilize today and for 98% of our clients these are the only jurisdictions that need to be considered. However, we are able to set up structures in almost any major offshore jurisdiction in the world. Some of these options have included in the past Antigua, Bahamas, Belize, British Virgin Islands, Cook Islands, Grenada, Gibraltar, Hong Kong, Ireland, Isle Of Man, Luxembourg,Western Samoa, St. Vincent, United Kingdom, Vanuatu – even the U.S. states of Delaware, Nevada and Wyoming. Please contact us if you have special needs that might require the use of these or other jurisdictions.

 

 
Additional Information and Services:  
   

Offshore Re-Invoicing Services

 
   

Mail Receiving and Forwarding

 
   

Offshore FAQ's

 

 

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