Below are the 8 most recent journal entries recorded in taxhaven's InsaneJournal:

Wednesday, May 19th, 2010
10:47 am	CCLOGIC SCAM How Cclogic helps to prevent credit card scams Credit card fraud online is on the increase and the impact it has for online businesses can be damaging and disastrous. There are many risks to face when running an Internet business as you can't know for definite whose credit card you are actually charging. If the card is stolen, the customer could dispute the charges after the package is shipped or a resentful competitor could put in an order for a large shipment and then dispute the charges and consequently you get huge charge-back penalties. To try and prevent credit card scams you need to acquire a reliable, efficient anti-fraud system that can offer full protection to your online business from fraudulent transactions, such as MaxMind Cclogic is an Offshore Company service provider and working with ISOs, PSP's and Acquiring Banks World Wide, For a proficient and safe method of accepting credit card payments online, Cclogic offers a merchant account that enables transactions to be managed at low costs using a high level of security. The company uses the latest technology and many years experience and knowledge to help combat credit cards scams online. Cclogic applies the most up-to-date SSL (Secure Socket Layer) technology for online transactions and uses encryption algorithms to ensure customer data is secure within their databases. Reduced fraudulent transactions from credit card scams will mean better profits for your business. There are a number of anti-fraud tools included in MaxMind such as IP and country comparison, high risk country detection, BIN and country comparison, free email detection, transaction behaviour and transaction velocity. Easy to use, the system can be linked to an already set up website and will work immediately. A fully self-serviced system, once the account is created, load it with the number of transactions needed to run through MaxMind and set up the filters as required and you are then protected from 90% of known frauds. MaxMind exposes thousands of credit card scams every day. MaxMind is constantly updating the MaxMind system. Each time a report of a new type of fraud is received, they attach a device to the system to avoid it happening again. In most circumstances MaxMind are able to alert you to the fraudulent order. As soon as an alert is sounded action can be taken straight away as the system works in real time. Another advantage of the system is that data from previous alerts allows it to compare real-time data with historical data, ensuring you are protected from persistent fraudsters. If your company already has a gateway and bank and you don't wish to change, then MaxMind will offer the choice of staying with your original providers and can supply the MaxMind system alone. MaxMind is the only system developed to offer full protection to your online business, popular with both large and medium-sized payment service providers and financial organisations. The system can be extended with new anti fraud shields and is one of a kind. MaxMind regularly update and add new features to their system that benefits and protects online businesses. Fraudulent transactions detected by other MaxMind users will also benefit your business as mechanisms will be put into place to prevent these types of frauds from happening again. Cyprus Company Formation and how to setup a Cyprus company! - | {How Cclogic helps to prevent credit card scams|SCAMS - CCLOGIC CAN HELP|Prevent Scams by CCLOGIC|CCLOGIC SCAM} (Comment on this)
Monday, May 17th, 2010
12:47 pm	Offshore Holding Company Offshore Holding Company How can a offshore holding company be of useful? This is a question which is asked daily on our live chat and we would like to spot some light on this question to make it more clear towards new or young business entrepreneurs which haven't seen this possibility yet. A Offshore Holding Company can protect you from any losses in case that your trading or investment companies get into a hurricane of troubles or simply just need to be liquidated or stop their business, if that should happen which we don't wish you ever will be experiencing then it is most often too late to setup any offshore holding company to rescue the last bit of assets you may have left, so in other words a Offshore Holding Company will work as a protection shield in an effort of asset protection. To setup a offshore holding company isn't any difficult, all you will need to do is to establish the Holding company before you register the trading or investment company, of course it is possible to establish a offshore holding company after you have registered the trading / investment company but most often this transaction involves some tax that have to be paid in your home country. However, once you have established your Offshore Holding company which needs to be registered and formed in an Offshore Jurisdiction like the Seychelles, Belize, BVI or Cyprus then the share of the new trading / investment company will have to be owned by the Holding Company, if you don't do business yet then it is a simple task otherwise if you already have a established company you will need to transfer the shares (ALL SHARES) to the Offshore Holding company in order to get the structure in the correct place. Any trading or investment company can be transfer their shares to a offshore holding company, actually there are no complications with it others than you may have or may not have to pay tax from such an transaction, therefore it is highly recommend to get your company structure right from the very beginning, it is less complicated and you avoid any tax complications. Now, if something should go wrong in your trading company or investment company, and you will be forced to stop all activities but still owe people or business partners money normally you won't be able to "clean" the company from the good assets, but while you have a Offshore Holding company you can easily move all the "good assets" to the Holding Company and liquidate or strike off the bad company. Another common way to protect and secure assets in a company is that everything like the office building, trademarks, patents etc. are owned from the very beginning by the Offshore Holding Company and rented/leased to the trading company, in this way no authority not creditor or others that you may owe something can doubt the originating owner of such assets and you will be able to keep them for the purpose to use them in another company or a new company. We would highly recommend any business owner with good earnings or which are entering into a new business venture to establish a offshore holding company. Quickly said, then the major benefit to have a Offshore Holding Company compared to a local company are that it is very difficult for any creditors as well as lenders to get an overview of what assets there are or may be in the Holding company or even get a court order to set aside the originating owner in an effort to get what they may have or not lost. Gulf Coast Offshore Oil Drilling - | Offshore Company - | {Offshore Holding Company|Holding Company Offshore|How to register Offshore Holding Company|Open Offshore Holding Company|Offshore Holding LLC|Offshore Holding Ltd|Offshore Limited Holding Company} (Comment on this)
10:36 am	Less attractive to register a Offshore Company, the Disadvantages Well, to be honest you will find some disadvantages when considering a offshore company, there are not many but of course they are represented. What one will need to know is that one of the major disadvantages in forming a offshore company are the reputation of such companies, most people have a strong believing that they are used to be for the only purpose of tax evasion as well as illegal activities like money laundering etc. some will even go so far to tell you that it is not allowed to have a offshore company and that it can hurt your business. Now, first of all of course everything what is efficient can be misused and will, however the global world is going to be regulated very well because of the changes we have seen and all those issues the world have experienced in the last 10 years. We have seen the 9/11 which obviously has been financed by a group of terrorists which had a very well established network of offshore companies, we have lately seen the financial crises which punished the entire global economy this was possible because of clever people using as well offshore companies and offshore jurisdictions for the large transactions executed, now this has shaken all the leaders around the Globe and seems to have come as a big surprise to them at least they show it this way to the public. What we also see everyday everywhere on the Internet is, companies as well as people (from unknown locations) pushing information which call to illegal activities, this is one of the major disadvantages of offshore companies, the bad reputation it gets from such people, the only explanation to such behavior (as to the opinion of the author of this article) is that people simply not know what they are saying, as well that they don't care and maybe less educated to understand the power of such vehicles, they turn it into something very bad and get full focus from others which are believing this kind of reading. To quickly summarize the disadvantages of an Offshore company we have but it below in bullets: - bad reputation due to misuse of these vehicles. - misleading information about how to use those powerful offshore companies - formation agencies which setup offshore companies entirely wrong without to think about the consequences towards the client - Wrong understanding of how to use the offshore company for legal activities The above are only a few of the pin pointed disadvantages we found, there are several more, but we would like to focus on to educate readers, to understand that to form a offshore company can bring a lot of good to a business rather than put in spotlight the negative aspects. With the correct planning and the right offshore company formation agency service supplied by leading attorneys and tax advisors such an vehicle can beside asset protection also offer huge increasing profits, the goal of everyone just considering to establish a offshore company should be how to setup a legal company structure and maybe even have a onshore company combined with an offshore company as an holding company for the purpose of increasing profits as well as asset protection against creditors and others. We hope you enjoyed this article and welcome you to address any questions or enquiries you may have to our trained and well educated staff. Offshore Company Business - Offshore Company Business - | Offshore Company - | {Disadvantages of an Offshore Company!|Less attractive to register a Offshore Company, the Disadvantages|What are the disadvantages of an offshore company} (Comment on this)
10:03 am	Advantages of Offshore Company Register Offshore Company - A Significantly Employed Device Registering an offshore company has been observed as the very best selection of safeguarding your assets as effectively as yourself from legal battles that may rise up against you in the jogging of the offshore business. It's been viewed as the only way to evade the huge fines put on businesses by monetary institutions and the processors of obligations in the incorporation process. It has emerged that nearly all registered offshore businesses do this only as a precaution; make themselves and the organization immune from injury as a outcome of fiscal liabilities encountered in the company operations. Some of these risky on the net gray zone companies include pharmacy, software program developments etc. It's a easy and simple affair to type or register offshore company and it can be extremely helpful when all your transactions are handled on the internet. This kind of extremely rated high risk offshore company businesses happens with a free of charge tax tag on them specifically when it does not fall in the area on an offshore company incorporation. Registering an offshore company opens up other avenues too; it gets significantly less difficult for you to apply for the services of merchant accounts. This is possible when the specific offshore company falls in the jurisdiction supported by licensed processors as well as banks handling your company deals. For example, some offshore firms registered in offshore jurisdiction have higher benefits once you register for a product owner account; they are usually allowed to carry out organization in specified locations alone. It's therefore essential for you to available your eyes wide available every time you believe about registering an offshore company. Registering an offshore company can occasionally be a minor annoyance based on the location or spot your company. The name of the respective offshore company ought to match with the official language utilized in that place. To some extend provisions are there for translations to be integrated in the content articles of association as nicely as memorandum of association. Its just important to include a suffix underlining the last words this kind of constrained, incorporation, corporation, societe anonyme and so on. this aid in enlightening the standard public about the constrained ownership of the offshore company. The identify of the operating office should be properly addressed in accordance to the regulations of the place. This is a single essential place at the rear of operating of the offshore company organization failure of which you encounter legal charges and you may well end up paying out dearly. Prior to you call it a day, make sure you have sufficient funds to type an offshore company. The charges have a tendency to differ/ range based on the period of submitting your registration types. The really minimum reveal capital is US$ 50,000.00 and these can be plus par worth or not. Anyway, the most essential position is that this common write about is permitted; note that Federal government fees are not integrated, as a result you may well be call for to cough a lot more to get your offshore company registered. As you join the band wagon of registered offshore organizations, comprehend that information concerning your offshore company is kept in complete secrecy. Shareholders are the only men and women who can scrutinize the records and there behavior in the trade marketplace. Offshore Company - Offshore Company - | Offshore Drilling Jobs - Jobs Offshore Drilling - (Comment on this)
9:12 am	Jobs Offshore Drilling Offshore roustabout jobs are the bailout strategy for the sleep of us. We have all noticed the information of the weight cat bankers on Wall Street receiving bailed out with taxpayer cash, then awarding on their own billions in bonuses at our expense, successfully satisfying ourselves for blowing up the economy and throwing millions out of work. But wherever is the bailout for Principal Street? For the 15 million folks out of operate right now, the campaign promises of our President ring hollow. Let's face it - there is no bailout coming for the rest of us. We are on our own. Luckily, most of us don't will need billion dollar handouts to get on in living. But for individuals of us involving careers or careers, a minor direction and education about options nevertheless offered can be a genuine assist. You may have recognized that costs are still proceeding up at the pump; there is a cause for this. You see, there is only so a lot oil in the world, and China persists to develop and use more and much more of the stuff each year. In reality, by the end of this yr the world's greatest power user will no longer be the United States - it will, in fact, be China. So it genuinely doesn't matter how slow our economic system is. With the growing thirst for petroleum by the world's subsequent superpower, essential oil and gas rates are only intending in one particular path - up. But for people questioning exactly where there up coming employment or profession is intending to come from, this is in fact very good information; in reality, it is wonderful news. With greater oil costs comes far more offshore drilling, much more exploration, and far more substantial spending work. And not just for Petroleum Engineers and other experts. Offshore platforms are like cities in the sea. They consider welders to create them, mechanics to work them, drillers to drill for the essential oil, and entry degree workers like offshore roustabouts to execute the difficult function and responsibilities that aid make it all come collectively. Half (without a doubt, 50 percent) of America's vigor sector employees are retiring in the subsequent 10 many years. A huge wave of work openings is shaping up in the oil sector, and no where is that much more apparent than in the offshore oil drilling business. For this purpose, 1000's upon tons of new roustabouts will be needed to guy the new rigs coming on the web and getting developed. The large drilling firms are previously hiring, and that hiring is just proceeding to carry on rising, as China's insatiable hunger for essential oil persists to drive the oil markets increased, with no true end in sight. There isn't just one particular ladder to climb from becoming a roustabout; there are a lot of. You could go on to come to be a driller, a crane operator, a welder, even a upkeep supervisor. If you make a job out of it, with extra instruction and training, there is really no limits except the types you location on your self - a lot of have gotten their commence at the bottom and ended up working an entire drilling operation, and you can too. Offshore Company why do I need it - How to open a Offshore Company - | {Offshore Drilling Jobs|Jobs Offshore Drilling|Offhosre Jobs Drilling} (Comment on this)
Sunday, May 16th, 2010
7:18 pm	Offshore Company Offshore Company An Offshore Company is a business which is incorporated outside the owner's country of residence. These kinds of offshore companies are often formed to provide eye-catching business prospects and also tax structures. The process of registering an offshore company is governed by the International Business Corporation (IBC). They are responsible for issuing information regarding the process of registering an off shore company. For you to register for the offshore company, you need to have a memorandum. The memorandum is the document consisting of your company name, the actual structure of the company such as the shareholders and the amount of shares each person owns within the company. Every one of the offshore companies must possess a memorandum. If you're planning to setup a offshore company you will have to choose a authorized agent that will help with the registration procedure. Offshore companies usually are owned or operated by persons inside a different country. The office for this organization is needed being in the country that you would like to register the offshore company. The registered office may be to care for all of the fees and paper work needed when setting up the offshore company. You might want to provide the address of the office and also the name of the subscriber to the registrar of the offshore companies. Your registered agent will assist you in establishing all these files. One another document which is of great value to register offshore company is the articles of association. This kind of features every detail about the offshore company. It is actually the articles of association which governs the members of your offshore. It stipulated the actual rules and regulations of the company such as the powers of certain regulators plus the extent of their power. It is this document that presents the laid down procedures for conducting meetings in addition to every other procedures like those who deal with transfer of shares. Once your company has been registered, you'll receive the certificate of incorporation from the registrar of companies. This certificate is the document that you hold as proof that the company exists. A certificate of incumbency indicates that the company is in good standing. The company is obliged to maintain statutory documents of the Offshore Company formation. The documents are to be kept within the jurisdiction of the place the company was registered. In this case, the documents should be kept in the offshore company's registered office. The director or directors of the Offshore Company are to keep all the essential offshore company records and the audited accounts. Most of the offshore companies do not operate a sizeable business in the country of registry. However it meets all its nominal taxes in the country where it was registered. The main aim of setting the offshore company is to take advantage of the laws of that particular country. One such good example of a place where you can register offshore company is Seychelles. It contains flexible rules that fit well to register offshore company. Offshore companies are getting more popular with many people as they get enlightened on the benefits of such companies. Offshore Company (Comment on this)
Monday, May 10th, 2010
1:17 pm	Ready-Made Company Offshore Offshore Company Formation, please elaborate! Offshore Company Formation, the term which can be addressing topics like tax havens, tax evasion and also legitimate Offshore Company structuring of an company. The particular varying thoughts and objectives concerning the registration of a company within an offshore jurisdiction generally cause rapid conclusions and even inaccurate information and facts any time exploring the internet says Google and also the other major search engines like google relating to this subject. The obvious concern we get every day include the following, there're quite challenging to answer and seems much more like folks are nonetheless not aware of what a Offshore Company is actually and the things they may use the company which is why they would like to register inside a offshore jurisdiction. The ultimate initial question we see daily is: Q: What offshore company should I register? Because you might notice using this question it really is way to difficult to answer it, it is indeed a very broad question which can't be answered solely in how it is asked, even though, some of the so called experts out there do it in a way to win the client for their profits (not to help them with their business)! Now, what one will need to consider are the most obvious thing, do I need a Offshore Company at all, why do I want a Offshore Company or a company at all, is it the right choice for me, which markets do I go and target, is it the Asian market, the European market or is it worldwide those questions and many more need to be clarified as the first point. Now I supply an example, one is trading some music files on the net, they've got a web store, they've the credit card billing in addition to a local company to carryout the business, they're concentrating on throughout the world, not country or region specific, now it comes to their mind to maximize the profits and minimize the expenses, they will consider possibilities which quickly will lead them to registering a Offshore Company in some of the favorites offshore jurisdictions around. It seems that a Offshore company is not just like that, quickly they will figure out that there are many different jurisdictions to choose from, so they will find many opinions of different peoples on forums, blogs etc. around. Now what, the conclusion is one will need a Offshore company, correct, but they still don't came to a conclusion where this offshore company should be located / registered! In the above example, my best recommendation (which is not the cheapest, but it is your business, future and destiny you are playing with) is to establish a Holding Company for instant in the Seychelles, it is fast and less expansive and full fills most needs and offer a perfect privacy and asset protection, next we recommend to register a trading company in Cyprus with the shareholders to be the Seychelles Holding Company, now dividends, earnings etc. can be moved between those vehicles without to pay any tax, what one will need is a offshore bank account, most often the agencies which offer to open offshore companies also offer to open offshore bank accounts, sadly, many of them fail to deliver what they charged for and promised. We recommend to open real offshore bank accounts in Cyprus and the Seychelles, those have regulated banks and still a high level of banking secrecy. For now we will stop here, we hope you enjoyed reading and as always we are happy to hear from you should you have any questions, cclogic.com {Shelf Company where to start|Offshore Shelf Company, how to buy?|Ready-Made Offshore company, how to buy?|Ready-Made Company Offshore} | (Comment on this)
Tuesday, May 4th, 2010
8:44 am	Cyprus Company Registration Registering a Business in Cyprus Cyprus is a nation that gained independence in 1960 but became incorporated with Greece in 2004. This former British colony is another one of the states in the world that support offshore banking and business registration. This country, like Belize and Bahamas, do allow international companies to register their businesses in their country and charge them little or no tax. Cyprus Company Registration The advantage of registering a company in Cyprus is that they do not need your tax information and hence no need to deal with an auditor. However, you will be charged tax on any income generated in the event of a Cyprus-oriented transaction or deal. You will not be under obligation to follow the Cyprus tax laws, therefore you do not pay tax, but at the same time, you do not stand to benefit from double taxation like a Cyprian. If you wish to, you must ensure that the board of directors is pre-dominantly from Cyprus. Therefore, you will not pay tax based on where the company is registered but where it is actually controlled and run from. A positive thing is that if the company is registered as a Cyprus company then you are charged 10% tax but if its non-Cyprus then the tax is at a clean 0%. Cyprus Company Registration To begin with, you must have a name that is available for registration. Also there are permitted lines of business that you can register your company under like loaners, asset finance, security, stocks, and other related terms in the field of finance. The name must be in Greek or an acceptable Latin language. You must have a minimum of one director and a minimum of one shareholder. You must also have a secretary in your employment manning your Cyprus office. You must submit your tax records yearly to the Tax Department and you must also have a tax number. Also like Belize, there are consultants and agents who can sort out the registration for you for a fee. A company will take between 7 and 10 days to register and approve. You can register it online with the consultants and let them sort the rest out for you. All you will need to register is a copy of your ID or passport, an agreement that can be sent by you, should they request for one, and a utility bill, be it telephone or electricity, not dating back more than 3 months and it has to be in the English language. You must of course give your contact details in full and state if you have any affiliation with Cyprus businesses. You must also ensure that you have at least one director and shareholder from Cyprus. The shareholders and nominees must also hand in their financial statements. So as has been established, Cyprus is yet another country that you can invest in if you wish to gain from the Cyprus tax laws or open an offshore company in Cyprus and enjoy 0% tax charges and keep more of your profit. Cyprus Company Formation and how to setup a Cyprus company!-Cyprus Company Formation and how to setup a Cyprus company!- | Cyprus Company Formation (Comment on this)