 
In most cases, the recommendation for proper asset protection
and tax efficiency, the structure will be
that you are not the manager, beneficiary, owner, stockholder, officer or
trustee, which means it must be totally at "arms length" from
you. But this may not be enough if you have account signatory authority. In many countries
the government imposes tough sanctions on those who do not disclose
that they have signatory authority on foreign bank accounts. Yet to disclose
details of such accounts can give up the very financial privacy that
you are seeking. So, one soultion is to nominate a
third party professional to act as signatory, who is not subject to
such reporting requirements.
Many people fear allowing a third party signatory authority, thinking that it will be abused in some way, either by the signatory running off with the assets or by the signatory threatening the beneficiary of the assets with revealing this information to that person's tax authority. Foreign counties have strengient confidentiality laws, whereby it is a serious offence punishable by jail sentences, which would detour any such activity. In order to comply with "know your customer" laws, the Director/signatory will need to be involved substantial in its business operations, so that there is total familiarity with the business and its sources of income. Many other offshore service providers can provide you with this service, and are probably unlikely to abuse this trust either. However, most of them charge a percentage of the funds transferred, which tends to be more expensive and instructions can take a while to get executed. Unlike our company, if using a law firm, they have to be more diverse and have many client needs to attend to. And they often have to be in court or out of their office working on behalf of one or other client. This type of work-load can be low on their priority list. Using Director Signatory services can make much more sense, since corporate administration is our mainstay, and a big part of that includes the detail work of executing banking transactions. We also provide this service for considerably less then what law firms do. Our price for this service is only a base annual fee of $500. We undertake to get your transactions completed the same day, as if you had transacted them directly with the bank. ADVANTAGES: This service provides you with the maximum protection, keeping your anonymity. In addition to the benefits offered by utilizing the services of the director, you get true arms length management of your structures, including the company bank account. This offers to:
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