F&K Services LLC
Finance & Management
F&K Services, provides services to the enterprises according to the best American and Anglo-Saxon characteristics.
The F&K Solutions was formed in Delaware in order to offer to her own Customers the best of the functionality and of the Financial Services, she has established her own representative offices in New York and London, uncontested business world capitals.
Good Work
What is Re-invoicing?
Re-invoicing is the establishment of a tax haven
corporation to act as an intermediary between an exporter and his customers.
The profits of this intermediary corporation and the exporter allow the
accumulation of some or all profits on transactions to be accrued to the
offshore corporation.
It should be noticed that a similar structure can be
utilized by an importer.
What Would Be an Example of Re-invoicing?
An
exporter corporation sells US$ 1.000.000 of exports to France normally
every year.
Assuming cost of goods sold and operating expenses are US$
600,000. , the exporter corporation earns US$ 400.000 on its sales before
taxes.
Taxes will average say US$ 160.000 thus reducing net profits to US$
240.000. The exporter establishes a tax haven corporation to act as
intermediary managed by F&K Services.
The exporter corporation sells its
products to the tax haven corporation, appreciated by all the EU and USA
countries, on paper for say US$ 600.000.
The tax
haven corporation in turn sells the goods to the French client for US$
1.000.000.
The tax haven corporation, thus earns US$ 400.000.
Since there
are no taxes, US$ 400.000 is the net income after taxes.
The exporting
corporation shows no profit. (US$ 600.000 gross sales less US$ 600.000 cost
of goods sold).
The US$ 400.000 in tax free income is then deposited into an
offshore bank account, according to the wishes of the exporter.
The account
is under the control of the exporter.
The basic process of re-invoicing,
allowed the exporting corporation to save, say US$ 160.000 in taxes less a
small re-invoicing charge.
Why Are the Tax Haven Corporation's Profits Free
of Taxes?
The intermediary corporation is formed in a country that has no
taxes on import-export transaction.
How Is the Offshore Company Structured?
To
provide anonymity, the nominee officers and directors are provided by
F&K Services who manage the company.
Shares are issued and delivered to the
owner as proof of ownership.
Will the Offshore Company's Bank Account Have
To Be Located in a special Country?
No, the management company can establish
the account with any financial institution in any major financial centre in
the world.
How Does the
Staff of F&K Services Know What To Re-invoice?
The beneficial owner of the
intermediary company provides instructions on a regular basis by facsimile,
e-mail, courier, or airmail.
What About Confidentiality?
It is the policy of
F&K Services as well as the laws of all the tax haven nations concerned that
information is not released without the consent for violations of secrecy
laws.
What Happens To the Offshore Tax Free Profits that Are Earned?
They
can be immediately released as instructed by the owner or alternatively they
can be accumulated offshore say with a major international bank where
interest on deposit accounts is not subject to tax.
What Happens if the Owner Should Meet with a Fatal Accident and
the Offshore Company at that Time has in its Name Substantial Assets such as
Cash?
Assuming you ensure that your beneficiaries have access to the shares,
then if such a case should occur, they would simply produce the shares to
the management company together with some sort of evidence of your
incapacitation and all control of the assets will be transferred to them.
There would be no transfer taxes, estate duties, or other forms of taxation
levied on the assets.
What other functions will F&K Services provide?
Once
the offshore company has been established, F&K Services will arrange for a
Virtual Office with mailing address in London or New York,
telephone, and fax services, available for use by the offshore
company.
The management company will then begin re-invoicing. F&K Services
employs multilingual personnel capable of handling any type of transaction.
The staff is composed of mostly corporate administrators, bankers and
accountants.
What are the Fees for Re-invoicing? How do I Determine whether
such Operation is to my Financial Advantage?
The set up costs are generally
less than one would think which includes letterhead, telephone, telex,
facsimile, mail service, as well as a Offshore tax
haven corporation.
There will be a small percentage charge on all
re-invoicing operations, depending on the amounts of transactions.