• The incorporation of International Business Companies under the flexible International Business Companies Act of Belize
• The formation of trusts under the Belize Trust Act that is unlike any other trust legislation in the world

CITITRUST International Inc. is a responsible international financial services company operating at the highest level of integrity, professionalism, and confidentiality with an excellent reputation among our clients, our professional clients, and within the business community.

Our service base includes Registered Corporate offices, Registered Agents, Nominee Shareholders, Directors and secretaries and formation of international business companies in other jurisdictions other than Belize. In addition, CITITRUST assists in the fulfillment of on-going compliance requirements such as the filing of returns and the payment of applicable government fees.

CITITRUST International Inc. aspires to grow through continuous improvement and innovative services in International Financial Services. With this in mind, CITITRUST will deliver value:

• to all our clients through innovative international financial structures and services that enhance protection of hard earned assets and managing wealth
• to staff through a stimulating environment that encourages continuous improvement

Keeping in line with this philosophy and along with the core services of incorporation of Belize International Business Companies and the formation of Belize trusts, CITITRUST International Inc. also offers:

• Tax-Deferred Variable Annuities
• Limited Liability Partnerships Formations
• Nevis Limited Liability Company Formations
• Mutual Fund License Procurement and Set-Up
• Hybrid Companies Formations

We can offer all the above services in two additional languages, Spanish and Chinese.

Other Jurisdictions offered:

(a) BVI

(b) British Anguilla

(c) Brunei

(d) Samoa

(e) Cyprus

(f) Gilbraltar

(g) Isle of Man

(h) Geneva

(i) Jersey

(j) Liechtenstein

(k) Luxembourg

(l) United Arab Emirates (UAE)

Proposals have been made for the Qualifying Investor Fund, a single regulatory regime that is appropriate for;

- Family Offices,

- Private Wealth Managers and

- Small Groups of High Net Worth, Self-Managed Investors.

Barbados will be launching an international Stock exchange and international trading platform in 2010. This will enable local international investors to carry out Listing and Trading International Securities. This project is currently being undertaken by the Barbados Stock Exchange. This will enable private and institutional investors to be able to raise capital from Barbados as well as manage the resulting capital and securities in situ.

Plans are in place to establish the Financial Services Commission, which will regulate all non-bank financial activity; and proposals have been made to set up an International Institute of Financial Risk & Regulation, a global centre of excellence to train financial professionals in Barbados and the region.

International Arbitration – Barbados and the London Court of International Arbitration are pursuing an initiative to establish an LCIA Regional Arbitration Centre in Barbados.

Substance Based International Tax planning

• In order to prevent and avoid back taxes as a result of tax authority enquiries you must, from the start implement robust and substance based international tax management structures.

• You will need a jurisdiction that has a tax law regime that will support the requirements for genuine economic activity, substance and transparency being introduced by OECD countries.

OECD Model Exchange of Information

Many of the double tax treaties negotiated by Barbados feature the extensive OECD model Exchange of Information provision.

Growing Double Tax Treaty Network & Bilateral Investment Treaties

• Barbados has developed and is currently developing the largest double tax treaty network in the Caribbean region.

• The USA, Canada and China can be accessed via Barbados’ treaties with these countries.

• The Barbados Government remains committed to its vision of transforming Barbados into an international financial centre with the Regulatory infrastructure to warrant such a status.

• The jurisdiction provides high quality services to the international market, and acts as a hub for the Caribbean and a convergence point for business facilitation in the Americas.

Benefits: The advantages of a non-resident Panama International Business company (IBC) are:

a) Exemption from all local taxes, when income received outside of Panama

b) No annual reporting (accounting, auditing)

c) Strict privacy and confidentiality

d) No foreign exchange control or currency restrictions

e) Asset Protection

f) Can be used for tax efficient business planning by opening a secure offshore bank account with all state-of-the-art services in a well respected offshore jurisdiction.

g) Time efficient in formation (24 hrs.) with very affordable fees.

h) Double Taxation Treaties with major countries like:

thereby assisting with making the cost of doing cross border business less costly.

A Hong Kong offshore company is an excellent corporate structure to help minimize international taxation and provides entrepreneurs with an efficient gateway to the huge economy of China. As a premier financial hub in the Asia Pacific region, Hong Kong provides a secure and respected banking environment. It is known not only for being the leading South East Asian centre for both finance and commerce, but also the world’s largest financial centre after New York and London with the Hong Kong Stock Exchange being the most active in Asia outside of Japan. Hong Kong is ranked as one of the freest economy in the world where all the top banks are present, thus presenting a strong image for potential investors.

Benefits: Many features of its legislation make Hong Kong companies attractive:

a) Disclosure of Beneficial Ownership to Authorities is not required

b) No corporate taxes on foreign earned profits.

c) Sound legal system

d) No exchange control or restrictions

e) Efficient transport/communication networks

f) A Hong Kong corporation is not perceived as a “tax avoidance’ vehicle

g) Excellent political stability

h) No annual reporting (accounting, auditing) if company does no business in Hong Kong

i) Can do business anywhere in the world

j) Strict privacy and confidentiality rules

k) Asset Protection

l) Official language – English and Chinese

m) Can be used for tax efficient business planning by opening a secure offshore bank account with all state-of-the-art services in a well respected offshore jurisdiction.

n) Double Taxation Treaties with major countries like:

- Belgium - Luxembourg

- Vietnam - Thailand

- China

Thereby assisting with making the cost of doing cross border business less costly.

- One of the most tax efficient and secure structures in the world.

- Exempt from Seychelles taxation in foreign income and from Seychelles withholding tax and stamp duty.

- No annual reporting (accounting, auditing).

- No foreign exchange control.

- Incredibly efficient vehicle to operate and offers the opportunity to trade tax efficiently so long as the Seychelles IBC does not conduct business within Seychelles.

- In terms of usage a Seychelles IBC is a flexible business tool. It can be used for anything from trading to asset protection and from tax efficient business planning to opening a secure offshore bank account with all state-of-the-art services in a well respected offshore jurisdiction.

- Time efficient in formation. It takes only 24 hours to incorporate an International Business Company in Seychelles and the fees are very affordable.

- Double Taxation Treaties with many major countries like:

- China - Belgium

- South Africa - United Arab Emirates (UAE)

- Mauritius

thereby assisting with making the cost of doing cross border business less costly.