Saturday, March 3, 2007

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Thursday, March 1, 2007

SwissCash 2007 Join A Silent Revolution With Us

My greetings to all SwissCash investors, Swiss Financial Planners, Consultants, and Regional Directors. Year 2006 has been a great one for SwissCash. All the investment strategies implemented by our investment teams have yielded very positive and satisfactory results. Our investors base has grown to hundreds of thousands in over a hundred countries globally. I couldn’t be more satisfied because we have basically achieved all we set out to do and we are already far ahead of our vision and mission. I believe that as the people who are representing and investing in the company, you have enjoyed a tremendous return from SwissCash in 2006 as well, which pleases me greatly.

As I gather information throughout the year from my Department Heads and Regional Directors, much interesting thinking comes my way. I would like to share with you “The Paradoxical Commandments” by Dr. Kent M. Keith because this is a perfect time to reflect, re-think, re-group and re-plan for the year ahead. This set of guidelines has been used by many people all over the world as an inspiration for the past four decades and I hope you will read through it carefully because it has the potential to reflect deeply in your personal life and throughout your financial career with SwissCash.

1. People are illogical, unreasonable, and self-centered. Love them anyway.

Every day we have requests from investors to show our financial reports or all our trading licenses; to provide them with our company’s Profit and Loss Account, our Investment Portfolios, the minutes of our BOD meetings; to hold road shows for them; to create media publicity; or to meet me and visit our offices worldwide. People want to make their own marketing materials, make their own websites to promote SwissCash, build a plan within the SwissCash plans, and make all sort of illogical, unreasonable and self-centered decisions that will benefit only them and bring bad repute and consequences to the company and other investors. Still, we try our best to be accommodating when possible, to help them understand and to love them all equally, as we accept that our investors all come from different cultural backgrounds.

I am sure that only just a few days ago, someone may have asked you if investing in SwissCash is secured. Will the company close next month? Can you please give me a lower exchange rate for the e-points I transact with you? Can you return me your SAP? You were dumbfounded. I can understand why, because you have received your returns punctually for the past five months. You personally know five people who made more than a million United States dollars in SwissCash. And these requests that come your way are breaking the company’s Terms and Conditions. Be patient. Please love these folks. Explain to them with logic and provide the best solutions. If that doesn’t help, move on, someone else is waiting.

2. If you do good, people will accuse you of selfish ulterior motives. Do good anyway.

SwissCash and Swiss Mutual Fund have been accused by many unscrupulous parties and individuals of being a fraud, a scam, operating without a license, and operating with the agenda of reaping money from the public, and all because of the high returns we offer. Nevertheless we continue to build this business to a greater level every day, making those outside our circle more envious of our success. Yes, we continue to pay more than what conventional investment products are currently paying, because our obligation is to deliver the best return to our investors.

It may happen that, with the very best of intentions, you are enthusiastic to share SwissCash with your best friends and relatives. They look at you suspiciously as if you want to cheat them of out their money. Do not be alarmed or shocked. Move on to share this wonderful financial platform with those who are able to treasure your time and help.

3. If you are successful, you will win false friends and true enemies. Succeed anyway.

Today you have more financial freedom than you had 6 months or 12 months or 20 months ago. You notice a few more people trying to be your best friend, to be your new business partner, to help you manage your new-found wealth, and so on. This is only natural; it is human nature to want to associate with the rich and successful. At the same time, you earn yourself a few enemies who are jealous of your success. People badmouth you; people hope your business fails. You succeed anyway. I want you to ignore these negative influences; continue building and focusing on your strengths to continue your success in achieving your financial goals with SwissCash.

As for the company, SwissCash has been performing well for the past two years. We have enemies hiring top hackers to attempt to invade our site every day. We have “SwissCash copycats” around the world operating without proper license trying to associate their operation with ours. We have people spreading lies over the Internet and in other mass media to discredit us. We fail to respond to them, and we succeed anyway. Churchill had his critics. So does Sony Play Station 3. Microsoft has many enemies and their software has many loopholes. These people succeed anyway. Accordingly, we let our results become our testimonial and we leave it to our investors to defend our performance.

4. The good you do today will be forgotten tomorrow. Do good anyway.

Some Swiss Financial Consultants have become multi-millionaires, and have gone on to forget the true vision of SwissCash. Some have turned their back to attack the company because of some other personal agenda. Some have launched attacks on the personality and leadership of their “up-lines.” This never has and must not stop us, and you, from performing our best for each other. Each day we continue to provide a better financial platform than the day before. We don’t complain to you how tired our team are at times, how many late hours we put in so that you may have 98.7% (average for the past 365 days) up-time for your online financial site, and so that you may continue to receive high returns for your SIP, SAP, SRP, SFP and EMF. SwissCash has never fallen short of doing good and supporting its genuine investors. Rather than expending energy claiming credit for their achievements, the SwissCash team and Swiss Mutual Fund would prefer to concentrate on congratulating our investors for helping this company to achieve the level it has reached today.

5. Honesty and frankness make you vulnerable. Be honest and frank anyway.

We tell the truth to our investors. Does SwissCash have problems or issues every now and then? You bet we do. When we have a problem with our website security system, we locate the problem and we solve it. We have instituted plans to upgrade our system to make it more secure, but that doesn’t mean that we will never have any more problems. Effective December 1, 2006 we have discontinued receiving Incoming Wire Transfers from global investors as we are not able to enforce a strict KYC (Know Your Customer) policy through the current online platform. We were able to foresee we might face issues with regulators in some countries in the future, and that’s not acceptable to us. We have provided a long-term solution by launching a global dealership system, which will take a little time to fine tune and get running smoothly. This has predictably resulted in hearsay of SwissCash winding up, while nothing could be further from the truth. We have been upfront in revealing our problems, and at the same time we have come out with practical solutions for the next five to ten years. Mature investors will not have knee-jerk reactions when we tell you about our issues; you will instead judge us by results and solutions.

I can proudly say that SwissCash has paid every single cent to every investor. At times some issues do of course arise due to human error and unavoidable circumstances. The price of honesty and frankness may make us look vulnerable to outsiders, and even to some of our new investors at times. Nevertheless, we choose to be honest and frank anyway. It has never been the policy of this company to mislead our investors; likewise we appreciate our honesty and frankness being returned with good faith. As it is – so far investment has been growing at an exceptional pace!

6. The biggest men and women with the biggest ideas can be shot down by the smallest men and women with the smallest minds. Think big anyway.

Many Financial Consultants around the world say that it is impossible for us to maintain a global financial framework that pays 300% returns in 15 months for our SIP for up to 6 months, then 8 months, then 12 months, then 15 months; mind you at 20 months we are still growing stronger than ever. Some have set their own timelines for us to wind up or close down, because according to their current investment knowledge such returns are not possible, but these self-set deadlines have been extended and re-extended many times over. I tell you, put your money on it, they will be extended again! Not to be defeated, critics are now saying that we cannot continue to keep our overhead low in the coming years as we globalize, and that the performance of our investments will not be as consistent as it has been for the past 20 months, predicting that we won’t be able provide such high returns in the future. We, however, continue to think big, especially after launching EMF in December 2006.

I have read that people are saying that the launching of EMF signals the company’s desperation for new funds, but those of you who have been with us since 2005 know that this launch has been in the works since my 2005 year-end speech. EMF grew by an average of 25% in December 2006 alone… critics are again saying that this is phenomenal and impossible to maintain over the next few months. Likewise some short-term investors have sold their portfolios, well satisfied with such a lucrative return in a matter of weeks, but let me remind you to think big. It is you who think big, who are not shot down by the “smallest of men and women,” who are going to make the most money in SwissCash!

Remember when you first heard about SwissCash and you shared this investment opportunity with your friends and your spouse who were supposed to be more knowledgeable about international investment and financial markets than you were? They thought you were crazy; they said this company would close down within three months and rip everyone off, because they’d had bad experiences with off-shore investments before. Still, you carried on because you Think Big. You should be very proud of yourself that you think big in the first place. I congratulate you because if you hadn’t, you would not be reading this news today, and you would not be marching into 2007 in a better financial state than in 2005 or 2006. Einstein was mad. Newton was mad. Darwin was mad. Orville and Wilbur Wright were mad. They are all laughing from heaven now. So, continue to think and dream big!

7. People favor underdogs but follow only top dogs. Fight for a few underdogs anyway.

People say Swiss Mutual Fund if true to its statistics should have been public listed long ago, and should also be more accessible and transparent to the public. Let me ask you if you know that the world’s ten most profitable financial institutions are all privately owned and located in off-shore jurisdictions, and are not recognized by top financial journals and magazines. They keep a very low profile for their operation and investment portfolios. They have their own investment strategies and they help manage billion of dollars of funds on behalf of world’s richest people.

People tend to follow top dogs because they dare not take risks; they prefer the status quo, which is what they were taught in financial school 20 years ago, and what they read every day in newspapers and journals. They want a safer return, a more predictable return on their investment by following the conventional basic parameters, structure and protocols. We say go ahead; there is nothing wrong with that path if you are comfortable with the returns. SwissCash is for those who want an alternative return for their investments. SwissCash is for those who dare to take a higher risk for a higher return. In fact SwissCash is now offering a fixed return product and a non-fixed return product. Still, SwissCash is not for everybody. SwissCash is for those who believe and want to fight for underdogs, those who can foresee an already changing global investment trend.

Your personal financial planner advises you to invest in structured products, mutual funds, insurance retirement funds, real estate and stock markets offered by international Tier-1 financial institutions. If you are already into those investments, I congratulate you because those are good investments. Trust me, I mean it. But you have made an even better investment in SwissCash because you believe in yourself, and this is an indisputable truth as well. Thank you for believing in me and in SwissCash. Thank you for not just following top dogs but also giving underdogs a chance. Make sure you continue to share your success story with others!

8. What you spend years building may be destroyed overnight. Build anyway.

Let me tell you a true story. Swiss Mutual Fund was never assured of how successful SwissCash would be when we start planning this global financial platform in 2003. I for one could not have imagined SwissCash would be so widely accepted and grow so robustly in so many regions when I was appointed the Chief Financial Officer in 2004. Swiss Mutual Fund could have lost hundreds of millions of dollars had this project failed miserably – there were so many issues to consider, so many problems to solve and so much financial backing needed to start SwissCash, and even to maintain it now. I am amused when I read in some uninformed third-party forums or blogs or local media publications that SwissCash is a simple pyramid scheme with Internet investment facilities. It actually pleases me; what it indicates is that on the surface, everything looks so simple! Had we not structured this whole financial platform so brilliantly and spent so much money on so many key solutions, SwissCash would not have made it here, perhaps would never have taken off.

Still, despite many uncertainties, we build. And this team doesn’t just build; we have built one of the most successful online financial platforms in current time. Had the company never taken any risk, had this team never started building, there would be no today. But thanks to our commitment and vision, we are still building this financial facility with you, stronger than ever!

There are people discouraging you from investing and continuing to build your financial dream with SwissCash because they claim based on their own past experience and current expertise that your dream might evaporate. Let me ask you how much they know about SwissCash, and how much you know about SwissCash? Ask no one but yourself. SwissCash is an online financial “mega-structure.” A mega-structure takes time to plan, money and expertise to build and manage, and will not collapse overnight. One can always live in fear if that is the way one sees life; it is either the fear of trying and failing, or the fear of not trying. If anything, I would choose the latter. My point is, build anyway. And don’t just simply build, build a solid financial network in SwissCash because it is your financial future – build with confidence and pride!

9. People really need help but may attack you if you do help them. Help people anyway.

Tens and hundreds of thousands of investors have become better off and thousands have become SwissCash millionaires, but still many get on our case for not helping them enough. For not giving in to their demands. For not following their suggestions and ideas. For not providing sufficient tools and facilities to make them instant millionaires. For not providing more financial products for them to market. For not processing their out-going money transfers fast enough. For not paying them more. For not replying to their emails instantly. For not replying to their telephone calls. For our regional directors not being helpful enough. Still, we never stop helping people who want to help themselves. Still, we grow at our own comfortable pace as we planned, secure in the knowledge of what is best for our company and our investors.

If this company were to be swayed by the ideas and demands of all of its investors, coming as they do from more than a hundred cultural backgrounds, I would tell you today to leave SwissCash at once! We help people in the ways we know best and I expect the same from you.

10. Give the world the best you have and you’ll get kicked in the teeth. Give the world the best you have anyway.

Please continue to share SwissCash with everyone. Help those you know as well as those you do not yet know. There will always be somebody who dislikes you. Dislikes you because you are rich, because you invested much earlier, because you work harder and because you are actively promoting SwissCash. Nobody is perfect, you and me included; give the world the best you have anyway. The world will do you good in return. I have never met someone who has always given it his or her best, and yet failed in everything he or she does. It just doesn’t happen that way.

Through our nearly two years in the global market, we have fully understood that no matter what we do, no matter what we say, no matter how fast and how much we pay, no matter how hard we try, no matter how well we plan, life is never perfect. We will never be the perfect company for everyone. We will always have new issues because the world is dynamic. The world is getting flatter day by day in certain regions, but at the same time borders and walls are being created in another part of the world. We will never be able to satisfy all parties, because SwissCash is a global “mega-structure” financial platform. In spite of all this, we pledge to continue to give the world the best we have.

Last year, I promised you that 2006 would be a growth year for SwissCash, and I was very right. I also promised you a new financial product for SwissCash by 2007, and EMF was launched in December 2006. I promised that every one of you would regret it if you didn’t hold at least 10,000 shares of EMF on December 1st, and so far that has proven true as well. Many are waiting to purchase more EMF shares. I am promising you now that EMF is an even bigger financial project than SIP, and 2007 will be a witness to it.

During my last meeting with the SwissCash and Swiss Mutual Fund management team before Christmas, we highlighted three very important milestones to be achieved in 2007:

1. An ongoing evolution of SwissCash into a global brand;
2. The diversification of the SwissCash financial platform by the introduction of several new financial products; and
3. The growth of SwissCash payment solutions that will cater to the needs of many people from every region and every walk of life.

Rally behind me, support this team to make SwissCash unrivalled. May all your New Years’ resolutions come true. Remember to continue building a healthy family, a wealthy family and a very successful future with SwissCash. Always proceed with pride, dignity and all honesty.

Again, I thank everyone for their support and understanding in the year 2006 and I congratulate all who together with us march into 2007 with renewed visions, aspirations and resolutions.

Humbly serving you always and in all ways,

Michael Mansfield and the whole SwissCash and Swiss Mutual Fund Management Team

SwissCash – A Mega Structure Online Financial Platform Facility

Let me tell you a true story. Swiss Mutual Fund was never assured of how successful SwissCash would be when we start planning this global financial platform in 2003. I for one could not have imagined SwissCash would be so widely accepted and grow so robustly in so many regions when I was appointed the Chief Financial Officer in 2004. Swiss Mutual Fund could have lost hundreds of millions of dollars had this project failed miserably – there were so many issues to consider, so many problems to solve and so much financial backing needed to start SwissCash, and even to maintain it now. I am amused when I read in some uninformed third-party forums or blogs or local media publications that SwissCash is a simple pyramid scheme with Internet investment facilities. It actually pleases me; what it indicates is that on the surface, everything looks so simple! Had we not structured this whole financial platform so brilliantly and spent so much money on so many key solutions, SwissCash would not have made it here, perhaps would never have taken off.
Still, despite many uncertainties, we build. And this team doesn’t just build; we have built one of the most successful online financial platforms in current time. Had the company never taken any risk, had this team never started building, there would be no today. But thanks to our commitment and vision, we are still building this financial facility with you, stronger than ever!
There are people discouraging you from investing and continuing to build your financial dream with SwissCash because they claim based on their own past experience and current expertise that your dream might evaporate. Let me ask you how much they know about SwissCash, and how much you know about SwissCash? Ask no one but yourself. SwissCash is an online financial “mega-structure.” A mega-structure takes time to plan, money and expertise to build and manage, and will not collapse overnight. One can always live in fear if that is the way one sees life; it is either the fear of trying and failing, or the fear of not trying. If anything, I would choose the latter. My point is, build anyway. And don’t just simply build, build a solid financial network in SwissCash because it is your financial future – build with confidence and pride!

By Michael Mansfield.

SwissCash Finansial Planner

Join Us Today as SwissCash Financial Planner

Join us as one of the SwissCash investors and claim your $5000 worth of digital products. 50% of the whole money in this world has been invested in offshore investment, but you must know which company will bring you the best to run your portfolios and made it profitable.

If your portfolio is profitable, you don’t have to worry about your child education, your health expences, your insurance, and the most important you can sleep well in the night.

Thousands of people has become very wealthy since they included SwissCash investment program as one of their portfolios. SwissCash is not like your local money laundering, SwissCash stands under a professional investment team, and in fact Swiss Mutual Fund already in this business for almost 60 years now and the most important is they know what they’re doing.

What is SwissCash and how can this investment program bring you a wealty life and lift up your life quality?

SwissCash is one of the Swiss Mutual Fund (1948) SA (International Business Company (IBC)Reg:00757) subsidiary company and launched in 2005 with their operation address 280 Madison Avenue, 912 – 9th Floor New York NY10016 U.S.A.

And setup their business as an offshore company in P.O.Box 2342 Roseau, Dominica.

In the operation, SwissCash is dealing with Global Investors – and guaranteed a fix return on your investment.

How SwissCash work your investment?

First of all, all funds from world wide investors are collected to be one and become hundreds of millions of dollars. After this, their team will place and diversified the funds into developer project, hedging, equity (Stock market), HYI (High Yield Investment), Commodities, Forex, and others…

In all their investment project, SwissCash gain 25 – 45% profits per month and returning only 20% on our investment (it make sense). How many times have you join HYIP that give you 5% a day and last for only a month? It’s better lower but safer, isn’t it?

If you haven’t familiar with Swiss Mutual Fund (1948) SA, don’t bother to find it else where… Because you will find it in the other part of this business and investment blog.

Let’s back to SwissCash. Below is SwissCash product :

  1. SwissCash have a program called Swisscash Investment Program (SIP).
    return 300% in 15 months. Swisscash pay you 10% for the first three months, 15% next three months, 20%, 25%, 30% on the last three months. This will make you profit 300% in 15 months (450 days). Principal 100% and pure profit 200%.

  2. SwissCash Affiliate Program (SAP).
    For every person you refer, you will gain 10% of their principal investment and 10% of their investment profits.
    Let say you as a swisscash financial planner (Invest $1000) refer John, and John invest USD $1000, you will enjoy 10% ($100) reward of John’s investment

    Note : SwissCash Financial Planner is a SwissCash Investor that invest minimum USD $1000. To Join SAP you must invest $1000 or more.

  3. SwissCash Revenue Plan (SRP).
    Apart from the 10% return (SAP) you will continue to enjoy an additional 10% on all of your sponsors return for the duration of the investment. You will gain an extra profits 10% of John’s investment profits (10% of total $3000 in 15 months = $300). So, for every SwissCash Financial Planner (SFP) you refer, you will receive a sweet $400 financial reward (10% on SAP plus 10% on SRP).

  4. SwissCash Financial Planner (SFP).
    As a financial planner, you will need to achieve your monthly targets which bonuses are paid on a monthly basis. Targets are currently set at USD $10.000, $20.000, $30.000, and so forth.

    This targets is set at achieving on both side of your legs, i.e. your left and right leg hence ensuring that you grow your balance via your direct sponsorships and through the sponsorships of your sponsors.

What will happen if you always reinvest your SIP return every month for 12 months? For an example if you invest USD $100.000 then it will be USD $1.067.550 in total return 27 month since your first day investing! This is not a rich quick scheme, but if you already rich, you will be richer and getting richer everyday.

To me personally, this kind of investment is new because I am not a rich person but I know forex and stock market few years ago (I’m not an investor or trader just like to watch the news and observe). This kind of investment (before the swisscash launched) is available only for rich people. Offshore investing is already familiar in their head. Ask any rich people around you about Offshore Investment and the first thing you’ll ever heard is “Big Profits” because that’s all I heard from rich people around me.

That’s the answer of my questions in this 5 years… Where the rich people put their money? And now I have found the answer… And in fact I’am joining now on their investment – a rich clan investment.

I am just an average person, I’m not good in forex or stock market (a field that usually make many people rich instantly but can also made them homeless in few days), I’am not good in music or acting and that’s why I know I ain’t going to be succeed in those kind of field. But one thing I know I could do is helping people the best I could… Helping an average people like me to achieve their financial dream, to be wealthy, to be secure, and to be able to sleep well in the night.

I think more than 30% people around the world are having troubles in their financial life including myself. When I’m in trouble (financial trouble) I can’t sleep well, sometimes I wake up at 2 Am in the morning just to realize how dangerous my position, how to make more money to feed my child and wife, how I am going to pay his school expenses when he’s grow up, and how I am going to pay my home loan, and many many more questions in my head that keeps me awake every night.

But today, I can change that.. Michael Mansfield has open my head and my eyes that I can be wealthy no matter how much money I earn. I never dreaming to be rich before, but I know someday I can be rich by helping people (Inspired by Robert T. Kiyosaki – thank you very much). And I hope you can do and feel the same… Help and serve as many people as you can and you’ll be rich. I can guarantee you this one.

Since pre-history a risk taker is always the one who change the world, Bright Brothers is a risk taker, Thomas A. Edison is a risk taker that’s why today we’re not living in the darkness, and many-many more risk taker that provide a better future for human kind.

I, personally realize that SwissCash is not for everyone, SwissCash will never satisfied everyone but SwissCash will continue it’s grow as time goes by… No matter what people say, and no matter what people think. As long as I feel safe with SwissCash, as long as swisscash pay on time just like today and before, I don’t care what people say… I will always invest my money to make more money.

Few people that introducing me to SwissCash invest 20 and even 50 times bigger than my investment… They feel comfort, enjoy, and have a great times with their investment so why would I have to feel insecure?

Please mark my words. Just because the company that you invest in front of your door, or beside your office with 40 floor it doesn’t mean it safe 100% to invest there, there is always a risk. Just a little

If you need help and want to be helped, I will always be here with my both hands wide open to welcome you… If you join me now as one of the SwissCash Financial Planner, I will show you how to gain $ 1 million every year apart from SwissCash program, plus I will give you $5000 worth of digital products to achieve your financial goal faster than ever!!!

Click this link See SwissCash (new window) click join on the up right corner (you will have 14 days to activate your membership and to familiar yourself with high level e-banking system. Besides it cost you nothing to join and test drive the system). Maximum 48 hours after you activate yourself a SwissCash Financial Planner I will deliver you the $5000 file (only few hundreds megabytes) and download it yourself plus a great and simple way to achieve $1 million US dollar every year just by helping people and serve them.

If you need a chat, my Yahoo Messenger ID is cool_cruss or if you prefer an email, I am available sales@webkios.info

If you want to be a bigger person, start it by think BIG. If you wanna be a small person then always keep your small thinking. – Unknown

Wednesday, February 28, 2007

About Offshore Investing/Investment

What Is Offshore Investing?

From small beginnings early in the 20th century, the offshore sector has grown ever faster in response to high tax rates in the developed countries, until it is estimated now that more than half of the world's money is offshore.

'Offshore' has no precise dictionary meaning: the word simply reflects the fact that most low tax jurisdictions are islands. Loosely, it is used to mean 'outside the control of the highly-taxed Western nations', although those nations could have controlled the growth of offshore jurisdictions (International Offshore Financial Centres = IOFCs) much more tightly if they had wanted to. It is an interesting question, why they didn't – maybe a combination of individual self-interest and muddle?

Probably by now the large, rich nations no longer have the financial clout to take on 'offshore' in any comprehensive way. The OECD fulminates about 'harmful tax competition', and the EU complains about 'unfair tax practices', but in the real world of offshore there are only minor changes to low-tax regimes. This is partly because the rich countries have their own tax breaks and incentives for particular local purposes, and partly because the rich countries themselves (both the countries and their citizens) make plentiful use of 'offshore'.

In 1999 and 2000, global concerns about money-laundering have given the rich countries an opportunity to mount a more concerted attack on 'offshore'. This is certainly leading to better regulatory structures in many of the IOFCs, but they are fiercely resisting the underlying agenda of 'tax harmonisation': any tax haven that was weak enough to give in to rich-country pressure in any meaningful way would quickly be picked clean by its competitors. There are 70 self-declared IOFCs already, and another 100 countries that would be only too happy to join them if the business was there.

The Internet brings a new dimension to taxation, because for the first time it is possible for a supplier to offer and deliver some sorts of product (e.g. music) to citizens in ways which completely bypass the traditional tax-measuring and tax-collecting arms of government. It remains to be seen whether the tax leakage this implies will spur governments on to a more effective attack on the Internet and 'offshore'. It must be doubted whether an attack would succeed, and it's more likely that a global approach to e-commerce taxation will evolve in time. This is not a problem that can be solved by individual countries, or even by groups of countries.

IOFCs themselves are a very mixed bag, and serve a variety of different purposes for various types of individual and corporation. Not all of those purposes are legitimate: there is no question that drug barons and other illegal 'businessmen' have used and do use IOFCs to wash their money before recycling it legally. The world's Governments and over-arching economic organizations such as the OECD have had some success in preventing abuses, but laundering remains a problem in some IOFCs. Among the main legal uses of IOFCs are

* tax-efficient structuring of international trade

* holding and investment companies

* offshore investment funds

* protection of personal wealth using trusts

* international financial services

* 'captive' insurance companies

* shipping registries

Many IOFCs are most useful in relation to a particular high-tax country, eg the Isle of Man which is offshore the UK. Others have specialized in particular business sectors. The Jurisdictions section of the lowtax.net site describes the characteristics and uses of many of all the main IOFCs in depth, and in the Uses of Offshore later in this section you will find a sector-by-sector analysis of how offshore can be used, with links to the jurisdictions that specialize in each sector.

The word 'offshore' has a certain mystique to those who have never been part of it. Wrongly, they often suppose that participating in 'offshore' is not only a bit naughty, but must necessarily be expensive. It can be both, but doesn't have to be. Many IOFCs use both English legal systems and the English language; and there are many reputable advisers to help a beginner through the early stages of using 'offshore'. It is one of the purposes of lowtax.net to make 'offshore' more accessible and understandable, and to provide a ready means of contacting offshore professionals and suppliers.

Offshore banking and financial services

There is nothing new about offshore to banks, investment funds and other types of financial institution; most of them long ago set up offshore branches in order to service multinational corporations, to facilitate trade, and to provide investment management for high-net-worth individual customers.

Some offshore jurisidictions have developed as centres for particular types of offshore financial service: thus, there are 700 banks in the Caymans, and several thousand investment funds in Luxembourg.

In recent years, growing financial awareness has created strong demand for offshore financial services among a wider community of customers; this is especially true of offshore investment funds. Even so, offshore financial services have tended to remain the preserve of larger companies or of relatively wealthy and sophisticated individuals - transaction costs are high and information not always easy to come by.

The Internet however opens the way to a far broader market for the providers of offshore financial services, by reducing transaction costs and by making information about offshore available instantly to anyone who is interested. This last point is important: until now, the marketing media used by offshore financial service providers have been subject to strong local regulation which controlled and limited the advertising of financial products. Thus, at present, a financial magazine based in, say, EU country X, is obliged by the regulators of country X not to accept advertisements for retail financial services unless the providers have conformed to local regulations (and have joined the appropriate trade body and have paid their dues!). No such pressures exist on the Internet, and it is difficult to see how they could be brought into play. An investment fund may say firmly (and does) on the Internet that its products are not offered to citizens of country X; but the citizens can still read about them, download the offers, and get Uncle Joe living in Spain to make the purchase for them using money in an Isle of Man bank account.

Offshore providers of financial services have strong competitive advantages and the unclogging of marketing channels may unleash a tidal wave of demand for their products. Here are some of the competitive advantages of offshore:

* Profits are less highly-taxed, or untaxed, allowing cheaper products

* Offshore jurisdictions are usually less highly regulated than high-tax countries, so that an offshore financial institution has more flexibility in planning, marketing and delivering products

* Financial products themselves can take advantage of a low-tax environment in order to deliver greater returns to customers

* The cost base of an offshore location is often more favourable than that of a high-tax location

These competitive pressures on the financial services market will be so great that institutions will be forced to use the Internet, and forced to do so from offshore, at least when they are not prevented by regulatory bodies from marketing offshore products. They often are, of course, and it will be interesting to see how far the Internet breaks down many of those regulatory barriers.

The whole range of retail financial services can be provided from offshore using the Internet. Services and products can include:

* Electronic banking including current and deposit account maintenance, paying bills, direct debits etc

* Offer and sale of stocks and shares, investment and mutual fund units, equity derivatives etc

* Foreign exchange services

* Offer, sale and maintenance of savings products including pension schemes

* Offer and sale of insurance products

Of the 28 jurisdictions covered in lowtax.net, 8 have stock exchanges, 15 have significant banking sectors, 12 have large mutual fund sectors, and 7 have insurance industries. What is noticeable is that growth rates in terms of numbers of institutions and volume of assets are far higher than the equivalent rates onshore, and that a high proportion of the institutions concerned are actively making use of e-commerce. Offshore financial services may be starting from a low base, and the volume of e-commerce transactions is not yet great, but if current trends are maintained then offshore electronic financial services will present a major challenge to their onshore brethren in a small number of years.

Advantages

There are several reasons why people invest offshore:

Tax Reduction - Many countries (known as tax havens) offer tax incentives to foreign investors. The favorable tax rates in an offshore country are designed to promote a healthy investment environment that attracts outside wealth. For a tiny country with very few resources and a small population, attracting investors can dramatically increase economic activity. Simply put, offshore investment occurs when offshore investors form a corporation in a foreign country. The corporation acts as a shell for the investors' accounts, shielding them from the higher tax burden that would be incurred in their home country. Because the corporation does not engage in local operations, little or no tax is imposed on the offshore corporation. Many foreign companies also enjoy tax-exempt status when they invest in U.S. markets. As such, making investments through foreign corporations can hold a distinct advantage over making investments as an individual. (For additional information, read What is an Emerging Market Economy?)

In recent years, however, the U.S. government has become increasingly aware of the tax revenue lost to offshore investing, and has created more defined and restrictive laws that close tax loopholes. Investment revenue earned through offshore investment is now a focus of regulators and the tax man alike. According to the U.S. Internal Revenue Service (IRS), U.S. citizens and residents are now taxed on their worldwide income. As a result, investors who use offshore entities to evade U.S. federal income tax on capital gains can be prosecuted for tax evasion. Therefore, although the lower corporate expenses of offshore companies can translate into better gains for investors, the IRS maintains that U.S. taxpayers are not to be allowed to evade taxes by shifting their individual tax liability to some foreign entity. (To learn more, see How International Tax Rates Impact Your Investments.)

Asset Protection - Offshore centers are popular locations for restructuring ownership of assets. Through trusts, foundations or through an existing corporation individual wealth ownership can be transferred from people to other legal entities. Many individuals who are concerned about lawsuits, or lenders foreclosing on outstanding debts elect to transfer a portion of their assets from their personal estates to an entity that holds it outside of their home country. By making these on-paper ownership transfers, individuals are no longer susceptible to seizure or other domestic troubles. If the trustor is a U.S. resident, their trustor status allows them to make contributions to their offshore trust free of income tax. However, the trustor of an offshore asset-protection fund will still be taxed on the trust’s income (the revenue made from investments under the trust entity), even if that income has not been distributed.

Confidentiality - Many offshore jurisdictions offer the complimentary benefit of secrecy legislation. These countries have enacted laws establishing strict corporate and banking confidentiality. If this confidentiality is breached, there are serious consequences for the offending party. An example of a breach of banking confidentiality is divulging customer identities; disclosing shareholders is a breach of corporate confidentiality in some jurisdictions. However, this secrecy doesn't mean that offshore investors are criminals with something to hide. It’s also important to note that offshore laws will allow identity disclosure in clear instances of drug trafficking, money laundering or other illegal activities. From the point of view of a high-profile investor, however, keeping information, such as the investor’s identity, secret while accumulating shares of a public company can offer that investor a significant financial (and legal) advantage. High-profile investors don’t like the public at large knowing what stocks they’re investing in. Multi-millionaire investors don’t want a bunch of little fish buying the same stocks that they have targeted for large volume share purchases - the little guys run up the prices.

Because nations are not required to accept the laws of a foreign government, offshore jurisdictions are, in most cases, immune to the laws that may apply where the investor resides. U.S. courts can assert jurisdiction over any assets that are located within U.S. borders. Therefore, it is prudent to be sure that the assets an investor is attempting to protect not be held physically in the United States. (For further reading, check out Internationalizing Your Portfolio.)

Diversification of Investment - In some countries, regulations restrict the international investment opportunities of citizens. Many investors feel that such restriction hinders the establishment of a truly diversified investment portfolio. Offshore accounts are much more flexible, giving investors unlimited access to international markets and to all major exchanges. On top of that, there are many opportunities in developing nations, especially in those that are beginning to privatize sectors that were formerly under government control. China’s willingness to privatize some industries has investors drooling over the world’s largest consumer market. (To read more, see Investing Beyond Your Borders.)

Disadvantages

Tax Laws are Tightening - Tax agencies like the IRS aren't ignorant of offshore strategies. They've clamped down on some traditional ways of tax avoidance. There are still loopholes, but most are shrinking more and more every year. In 2004, the IRS amended the Internal Revenue Code (IRC) and began to collect taxes from both American corporations that operate out of another country and American citizens and residents who earn money through offshore investments. (For more information on tax laws that affect offshore investors, see the IRS' "International Taxpayer - Expatriation Tax".)

Cost - Offshore Accounts are not cheap to set up. Depending on the individual's investment goals and the jurisdiction he or she chooses, an offshore corporation may need to be started. Setting up an offshore corporation may mean steep legal fees, corporate or account registration fees and in some cases investors are even required to own property (a residence) in the country in which they have an offshore account or operate a holding company. Furthermore many offshore accounts require minimum investments of between $100,000 and $1 million. Businesses that make money facilitating offshore investment know that their offerings are in high demand by the very wealthy and they charge accordingly.

How Safe Is Offshore Investing?

Popular offshore countries such as the Bahamas, Bermuda, Cayman Islands and Isle of Man are known to offer fairly secure investment opportunities. More than half of the world's assets and investments are held in offshore jurisdictions and many well-recognized companies have investment opportunities in offshore locales. Still, like every investment you make, use common sense and choose a reputable investment firm. It is also a good idea to consult with an experienced and reputable investment advisor, accountant, and lawyer who specializes in international investment. If you are looking to protect your assets, or are concerned with estate planning or business succession, it would be prudent to find an attorney (or a team of attorneys) specializing in asset protection, wills or business succession. Of course, these professionals come at a cost. In most cases the benefits of offshore investing are outweighed by the tremendous costs of professional fees, commissions, travel expenses and downside risk.

Conclusion

We are not lawyers, tax accountants or offshore investment experts in any country. Every individual’s situation is different. Offshore investment is beyond the means of most investors, and above the risk tolerance of others.

Despite the many pitfalls of offshore investing, it can still pay off to shift some investment assets from one jurisdiction to another. As with even the most insignificant investment, do your research before parting with your money - unless you’re prepared to lose it.

Commonwealth of Dominica International Business Corporation

Commonwealth of Dominica is One of the Most Discreet and Newest Offshore Centres in the World. The International Business Companies Act No. 10, Passed in 1996, Allows Significant Flexibility. This Act Exempts IBCs Incorporated in Commonwealth of Dominica from all Taxes and Duties for 20 Years

An IBC Cannot Engage in Business with Residents of Dominica but Can Engage in all Corporate Activities Subject to its Articles and Memorandum of Association.

A Commonwealth of Dominican IBC is Not Permitted to Conduct or Carry Out Banking; Insurance; Mutual Fund Management; Public Investment Management; or any Associated Activity Without Proper Licensing. There is exemption from all local taxes, death duties and other similar charges.

Bearer Shares are Allowed and There is Strict Confidentiality.

There is No Requirement to File Accounting Information with any Authority.

Commonwealth of Dominica has a Closed Registry, Meaning Directors and Shareholders are Kept Totally Secret.

There is No Capital Gains Tax.

Shareholders May Re-Issue and Re-Acquire their Own Shares and Sole Directors and Shareholders are Allowed.

The Sole Director May Also be the Sole Shareholder. Directors May be Persons or Another Company.

Shareholder's and Directors' Meetings Can Be Held Outside Commonwealth of Dominica.

There is No Statutory Requirement to Hold an Annual General Meeting.

Asset Security is Maintained, as Provisions Restrict Seizure, Expropriation or Confiscation by Foreign Authorities.

There is No Requirement for Your Company to have a Secretary.

There are No Minimum Capital Requirements.

There is No Need to Come to Commonwealth of Dominica to have Your IBC Formed.

Commonwealth of Dominica IBCs Include:

- Resident Registered Agent

- Registered Office

- Nominees Directors

- Bearer shares if desired

- NOTARIZED General Power Of Attorney

- ALL Original Documents

- Bank Introduction to a Caribbean Bank for Account Opening

Total First Year Costs for a Commonwealth of Dominica IBC are Only: $1,595 USD

The Annual Costs to Keep the Corporations in Good Standing are Only $875 USD All Inclusive of Registered Agent and Office, and is Due on the Anniversary Date of Incorporation

About IBC (International Business Company/Corporation)

International Business Company or International Business Corporation (IBC)

An International Business Company or International Business Corporation (IBC) is an offshore company formed under the laws some jurisdictions as a tax-free company which is not permitted to engage in business within the jurisdiction it is incorporated in. Offshore Financial Centres which have allowed the formation of IBCs include Antigua, the British Virgin Islands, the Bahamas and Gibraltar.

Characteristics of an IBC vary by jurisdiction, but will usually include:

exemption from local corporate taxation and stamp duty, provided that the company engages in no local business (annual agent's fees and company registration taxes are still payable, which are normally a few hundred U.S. dollars per year)

preservation of confidentiality of the beneficial owner of the company

wide corporate powers to engage in different businesses and activities

the ability to issue shares in either registered or bearer form

an abrogation of any requirements to appoint local directors or officers

However, under pressure from the OECD and the FATF, most offshore jurisdictions have removed or are removing the "ring fencing" of IBCs from local taxation. In most of the jurisdictions, this has been accompanied by reductions of levels of corporate tax to zero to avoid damaging the offshore finance industry.

Further, most jurisdictions (Panama being the key exception) have either eliminated or highly restricted the issuing of bearer shares by IBCs.

IBCs in general

An IBC is a legal entity incorporated in a tax haven which is free from all local taxes (except small fixed annual fees). Typically the IBC cannot conduct business in the country of incorporation. Dominica, BVI, Seychelles and Belize have special IBC legislation in place, which is similar to the legislation for Panama Corporation and Gibraltar Non-resident Company.

IBCs are offshore companies that are most commonly used for offshore banking to conduct international trade, investment activities, by professionals and for asset protection. Offshore companies can be involved in buying and selling goods and services, hold bank accounts and operate businesses. IBCs are also commonly used for the ownership of real property and land; for ownership of intellectual property, licensing and franchising; personal service by individuals working overseas and offshore e-business. These are just some examples. The offshore IBC may be used in many other ways to save on taxes and depends only on your imagination.

Costs

The cost of forming an offshore company varies depending on the jurisdiction you choose to incorporate. Seychelles, Belize and Dominica have among the best prices between US $1,000 to US $1,400 to incorporate (2005 rates). After the first year and every year thereafter, there are annual fees. In Seychelles, Belize and Dominica annual fees are between US $400 to US $700. US Limited Liability Companies (LLC's) from Delaware and Oregon are even less expensive, while BVI and Gibraltar are a little more expensive.

IBC versus LLC

First of all, a U.S. Limited Liability Company (LLC) is not a regular tax-free company. If the business is operating in the U.S., for full tax-free advantages the LLC has to be registered in an Offshore Financial Centre. An LLC is a U.S. registered company which does not issue shares, therefore does not have shareholders. Its owners are known as members. While an IBC cannot conduct business in the country of incorporation, there is no such restriction on an LLC. The similarity is where an LLC is owned and operated outside of the United States by US non-resident aliens and have more than one member; there is no tax liability on its members. LLC's must file annual accounts. Its members are individually liable to tax on their share of the profits if earned within the US or if a member is a US citizen or resident.

SwissCash Investment - Getting stronger after one year

Below is the news from SwissCash to announce that they give an extra bonus to all it's investors 36.5% per year...


Dear Regional Directors, Financial Planners, Consultants and Investors

Effective 1st April 2006, in conjunction with the 1st Anniversary of SwissCash (SC); I hereby proudly announce that SC will give an extra bonus to our Investors. This bonus is related to the amount of e-points that is available in your Swiss e-Banking Account at the end of everyday (0:00:00 System Time). For a minimum balance of $1,000 (USD) and above, SwissCash will pay you an annual Interest of 36.5%, payable every single day (0.1% per day) into your Swiss e-Banking account.

Interest Rate: 36.5% per annum = 0.1% per calendar day
Payment Frequency: Daily
Minimum Payable Principal in Swiss e-Bank: $1,000 (USD)

As you may know, our funds are performing very well, therefore we have been thinking of ways to reward our investors. The management comes to this conclusion bearing in mind that this move will encourage our global investors to maintain a healthy balance in their Swiss e-Banking account for the purpose of:

1. Facilitating the growth of SC business through Internal Transfer, and
2. Getting ready for future financial products of SC that will be launched after 2007.

This new financial facility will give an extra edge to SC business growth. It is also a testimonial of our fund performance through out this past 1 year in the global market. Critics were fast to mention that SC will not last more than a year. At 1 year old, we have decided to pay investors an extra 36.5% per annum!

Towards this new vision, we strongly advise our Investors to portray SC as the truly financial solutions of today and years beyond. Please do not associate SC Financial Facility with any local Money Scam or Laundering facility in your own geographical location. I had also instructed our Back Office Administrator to only entertain inquiries that is related to the technical aspect of our business operation from 1st April onwards. We will no longer answer inquiries that are irrelevant with a global financial facility which has already been operational for 1 year with excellent track record in the global market.

Our operator will stop entertaining any inquiries with regards to SC business facilities. All inquiries must be in written form through emails or Swiss Messenger System for proper recording and referencing in case of future disputes.

I thank you all for your contribution but I urged a more serious approach and commitment from those who had embraced SC as your personal business. All of us share the responsibility to upkeep the image and reputation of this Financial Facility. I will personally take care of your money. My team will make sure our System is running smoothly 24 hours with minimum down time. In return I wish all the marketing personnel out there who are promoting this financial facility and who are getting paid with extraordinary bonuses to make sure SC remains as the best-promoted financial facility.

I personally thank you all and owe our success to all of you who have committed your trust to us since Day-1.

Best Regards

Michael Mansfield
CFO
Swisscash.biz

Why swisscash is getting stronger?

  1. Swisscash is backed up by Swiss Mutual Fund 1948 SA that already experienced with investment since 1948 and has a different kind of client needs and typical.
  2. Swisscash has a great professional team behind it.
  3. Swisscash is an offshore company, tax free, and has an access to international and future investment.
  4. And many more…

The SwissCash vision :

  1. The Virtual Stock Market is THE financial concept of the future. Swiss Mutual Fund offers a basket of financial products and services that can strongly support the growth and sustainability of our own Virtual Stock Market.
  2. Online & Mobile Games and Entertainment is the current trend. With 3G and satellite technologies, Swiss aims to bring the financial and telecommunication facilities right to your living room and office table.
  3. Build 1 Million Swiss Millionaires as the cofounders of SwissCash Million Dollar Club that supports all financial facilities of SwissCash and Swiss Mutual Fund.

SwissCash the best investment, all about swisscash

SWISSCASH FINANCIAL FACILITY

SWISSCASH CHIEF FINANCIAL OFFICER – Michael Mansfield
During his 15-year tenure with Swiss Mutual Fund, Michael has successfully led both the Swiss Investment Management Team since 1995 and the Risk Management Team since 2002. Michael’s new appointment as SwissCash Chief Financial Officer in March of 2005 is seen as an absolute commitment of Swiss Mutual Fund to see to the mission and vision of SwissCash by 2010.

The Financial Free Mindset – How Money Works for You
What do you want from your money? College tuition for your kids? A bigger house and a brand new car? Security when you retire?

Wouldn't it be great to simply have enough money so you don't have to worry?

The "enough money" part of that equation is easy. The "so you don't have to worry" part is much more complex. It actually has nothing to do with how much money you have or how little. You can balance your checkbook until you are blue in the face, you can move money every day between your investment portfolios, you can double your life insurance, you can buy lottery tickets -- and none of it will do you any good until you get beyond the worry and fear: the fear of money, the fear of not having enough, the fear of having enough, the fear of taking action, the fear of inaction.

From years as a financial planner in my earlier life I have learned that true financial freedom does not depend on how much money you have. Financial freedom is when you have power over your fears and anxieties instead of the other way around.

Whatever their circumstances -- in debt, working, downsized, afraid of becoming downsized, retired, having just inherited money, having just lost money -- my clients invariably arrive with a handful of financial papers and a heart full of anxieties. Like most certified financial planners, I started my practice to help other people with their money, but as time went on, I realized that it was far more than their money (or lack of it) that needed attention. Today new clients arrive expecting me to ask to see their papers. Instead I ask them first to share their fears.

I don't know if I have discovered the meaning of life, but I have learned a great deal about what money can and cannot do. And it can do a lot. Your money will work for you, and you will always have enough -- more than enough -- when you give it energy, time, and understanding. I have come to think that money is very much like a person, and it will respond when you treat it as you would a cherished friend -- never fearing it, pushing it away, pretending it doesn't exist, or turning away from its needs, never clutching it so hard that it hurts. Sometimes it's fatter, sometimes it's skinnier, and sometimes it doesn't feel so good and needs special nurturing. But if you tend it like the living entity it is, then it will flourish, grow, and take care of you for as long as you need it, and look after the loved ones you left behind.

Most of us already know at least some of the steps we could take to free ourselves from money anxieties -- we could manage our debt better, arrange for our children's education, strategically plan now for later, protect what we've saved and save more. Yet however wise we seem, however much we think we really want to take control, most of us are paralyed when it comes to actually taking these steps.

WHAT GOOD WILL IT DO TO KNOW WHAT YOU SHOULD DO, IF YOU CAN’T DO IT?

When it comes to money, freedom starts to happen when what you do, think, and say are one. You'll never be free if you say that you have more than enough but act as if you don't and think you don’t. You'll never be free if you think you don't have enough then act as if and say you do. You will have enough when you believe you do and take the actions to express that belief. And you'll have more than enough when you realize that you can be rich with any income because you are more than your money, you are more than your job or title, than the car you drive or the clothing you wear. Your own power and worth are not judged by what money can sell and what money can buy; true freedom cannot be bought or sold at any price. True freedom, true wealth, is that which can never be lost.

FEAR TO PART WITH YOUR MONEY = FAIL TO PLAN = PLANNING TO FAIL

I am truly happy to lead SwissCash, the most promising sector of Swiss Mutual Fund. We believe in the mission and vision that we embrace to bring the best financial opportunities to those who want to be part of our business.

SwissCash is the Financial Facility that will test one’s fear of parting with their money, the in-depth self believes in building a financial platform and the capability to manage new-found wealth. There is no doubt that SwissCash is already creating millionaires around the world, but the real challenge for SwissCash and myself personally is to lead these Swiss Millionaires toward the right financial freedom mindset.”


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