Offshore Banking with a Swiss Bank Account and Nevis LLC

Do you need information and help with offshore banking? Our recommendation is to start with Switzerland banks. Because when establishing an offshore banking account for offshore asset protection, when you open a Swiss bank account as opposed to opening an offshore account in other jurisdictions, you will attain a significant combination of strength, safety and privacy. For additional protection, form an IBC, or international business company. Because when you wire money into your Swiss bank account the funds will be sent in the name of your IBC rather than your own name for additional privacy. Offshore company formation is most beneficial when a Nevis limited liability company, than is, a Nevis LLC, is your offshore company. A Nevis company is formed in the offshore tax haven of Nevis which is an island located in the eastern Caribbean Sea. A Nevis company is further protected when owned by an offshore trust. Most notably, an asset protection trust gives the added protection of a licensed, bonded trustee in a foreign jurisdiction who can refuse to comply with a local court order. Thus, offshore company formation, or offshore company incorporation, as it is called, especially when owned by an offshore trust, offers the most substantial asset protection legally available. A Belize bank can also be chosen as your offshore account. However, we believe that when offshore banking, a Swiss bank account offers greater security. So, a Nevis LLC as your offshore company formation choice in the offshore tax haven of Nevis combined with Switzerland banks as your offshore banking account provides for significant offshore asset protection. So, our helpful free advice is when the offshore company and Swiss bank account is owned by an asset protection trust you will have the most powerful legal asset protection fortress available today.

Below is a continuation of the Nevis Limited Liability Ordinance - Company offshore legislation

PART I
GENERAL PROVISIONS

Short Title 1. This Ordinance shall be known as the "Nevis Business Corporation
Ordinance 1984"
Interpretation 2. In this Ordinance, unless the context otherwise requires, the term:
"Articles of incorporation" includes (i) the original articles of
incorporation or any other instrument filed or issued under any law to
form a domestic or foreign corporation, amended, supplemented, corrected
or restated by articles of amendment, merger or consolidation, or other
instruments filed or issued under any law; or (ii) a special law or charter
creating a domestic or foreign corporation, as amended, supplemented or
restated.
"Board" means board of directors.
"Corporation" or "domestic corporation" means a corporation for profit
formed under this Ordinance, or existing on its effective date and
theretofore formed under any other ordinance of the Nevis Island
Assembly.
"Deputy Registrar" means the person or persons appointed by the Minister
to assist the Registrar of Companies in performing his duties under this
Ordinance.
"High Court" means High Court having jurisdiction in St. Kitts and Nevis.
"Insolvent" means being unable to pay debts as they become due in the
usual course of the debtor's business.
"Minister of Finance" means the Minister for the time being charged with
the responsibility of Finance in the Nevis Island Administration.
"Registrar of Companies" means the person appointed by the Minister to
perform the duties of Registrar under this Ordinance.
"Treasury shares" means shares which have been issued, have been
subsequently acquired, and are retained uncancelled by the corporation.