Zobec Management Ltd -- Text Site -- Services

ABOUT ZOBEC

SERVICES

Corporate Services
Exempted Company Information
Trust Services
Management Accounting
Investment Management

ABOUT BERMUDA

CORPORATE SERVICES

We are dedicated to providing effective, comprehensive company management services.

We provide the flexibility of conducting your business within one company and in conjunction with Zobec's complete in-house services.

Services Available

Incorporation and Liquidation
Services of secretary or assistant secretary
Registered office
Maintenance of statutory records which include Register of Directors and Officers, Share Register, Corporate Seal
Preparation of all Minutes
Ensurance that the company is in compliance with The Companies Act and the bye laws of the Company
Provision of additional directors
Share transfers and related meetings
Share capital increases/decreases and related meetings
Opening/closing of bank accounts
Preparation of all documentation under the banks' due diligence requirements

When and where necessary, all related work that is prepared for and on behalf of clients is done so in conjunction with the appropriate professionals.

EXEMPTED COMPANY INFORMATION

The concept of Bermuda's development in the international business arena dates back to the 1950's. During the last forty years Bermuda has registered 9550 international companies ("exempted companies") and has become a leading offshore domicile.

Why Bermuda?

REGULATION: Exempted Company business is regulated by Acts of Parliament, specifically The Companies Act, 1981. Incorporation of exempted companies in Bermuda may be accomplished by a special Act of Parliament or by registration and filing, thus known as "incorporating an Exempted Company".

Types of Companies:

LOCAL COMPANIES: Must have a 60% Bermudian ownership.

EXEMPTED COMPANIES: Can have a 100% ownership that is not Bermudian. An exempted company is exempt from tax and may trade only outside Bermuda or with other exempted companies incorporated in Bermuda.

PERMIT COMPANIES: Companies incorporated outside Bermuda which have applied for permission to be allowed to trade from Bermuda.

Taxation:

Our Island at this time does not have any tax on profits, dividends or income, both corporate and personal. There are no capital gains or gift taxes. Exempted companies may apply for exemption from any taxes on profits or income until the year 2016 should such taxes ever be implemented in Bermuda.

Advantages of Incorporating an Exempted Company

Politically and economically stable, secure and tax neutral co-operative jurisdiction, no exchange controls, state of the art communications, highly developed infrastructure, own stock exchange (Bermuda Stock Exchange) and a sound but commercial and flexible regulatory system.

ESTATE PLANNING AND TRUSTS

What is a Trust?

"The Trust" concept provides a pivotal role in the process of insuring careful financial planing for individuals of high net worth.

A Trust is a legal relationship whereby one individual transfers legal title of certain assets to another who in turn holds and manages these assets for the benefit of others.

Who needs a Trust?

Fundamental reasons for establishing a trust may include any number of the following;

Provision for spouses, dependents, unborn grandchildren, friends and charities.
Efficient and timely distribution of assets upon death.
Preservation of family wealth from frivolous and less responsible family members.
Continuity of family business.
Minimization of estate and inheritance tax.
Pre-nuptial arrangements and divorce settlements.

Who is behind a Trust?

The Settlor is an individual who gives property to the trustee(s) to hold for and on behalf of the beneficiaries

The Trustee(s) is a person(s) who holds the legal title to the Trust Fund and who are obliged to administer the Trust for and on behalf of the beneficiaries.

The Beneficiaries are the recipients of the Trust and can be individuals, companies or charities

A Estate Planning and Trust related work that is prepared for and on behalf of our clients is done so in conjunction with the appropriate professionals.

Why Bermuda?

Location
Political and economic stability
Secure and tax neutral co-operative jurisdiction
No capital gains tax
No stamp duty imposed on Trusts established by non-residents
No exchange controls
No complete disclosure
State of the art communications
Highly developed infrastructure
The Trust concept cannot be invalidated by other jurisdictions

Why Zobec?

All Estate Planning and Trust related work that is prepared for you by Zobec is done in conjunction with the appropriate professionals.

Zobec is committed to providing clients with the facts and guidance needed in planning their Estates and Trusts. We believe that each client is unique and that each Estate or Trust is extremely personal and particular to each individual. We will respond to your needs with discretion and confidentiality.

Zobec provides the flexibility of conducting all your business within one company.

MANAGEMENT ACCOUNTING

Zobec has a team of highly qualified accountants and professionals who assist management by continually evaluating the key elements of their operations. We help identify and value business opportunities including mergers and acquisitions for clients, managers and boards of directors on a regular basis.

We report on a monthly, quarterly, semi-annually or annual basis providing the technical support that you will need:

Account analysis
Financial Statements including specialized reports
Cash flow reporting
Accounts payable, with aging, open invoices and cash requirements reports
Accounts receivable, with aging and other reports

INVESTMENT MANAGEMENT

We have been actively involved in the Bermuda market during the last thirty years and have an excellent working knowledge of local companies.

Globally we tap a pool of investment advisors who we evaluate continually including, Goldman Sachs, Pain Webber and Cazenove. Additionally we utilize Fidelity, Vanguard and LGT (now Amverscap) for fund investments.

Zobec actively manages cash and has an excellent working relationship with a number of financial institutions, which guarantees competitive rates for our clients.

We are currently managing over $100,000,000.

For further information call 441-295-1393 or email zobec@ibl.bm



	ABOUT ZOBEC SERVICES Corporate Services Exempted Company Information Trust Services Management Accounting Investment Management ABOUT BERMUDA	CORPORATE SERVICES We are dedicated to providing effective, comprehensive company management services. We provide the flexibility of conducting your business within one company and in conjunction with Zobec's complete in-house services. Services Available Incorporation and Liquidation Services of secretary or assistant secretary Registered office Maintenance of statutory records which include Register of Directors and Officers, Share Register, Corporate Seal Preparation of all Minutes Ensurance that the company is in compliance with The Companies Act and the bye laws of the Company Provision of additional directors Share transfers and related meetings Share capital increases/decreases and related meetings Opening/closing of bank accounts Preparation of all documentation under the banks' due diligence requirements When and where necessary, all related work that is prepared for and on behalf of clients is done so in conjunction with the appropriate professionals. EXEMPTED COMPANY INFORMATION The concept of Bermuda's development in the international business arena dates back to the 1950's. During the last forty years Bermuda has registered 9550 international companies ("exempted companies") and has become a leading offshore domicile. Why Bermuda? REGULATION: Exempted Company business is regulated by Acts of Parliament, specifically The Companies Act, 1981. Incorporation of exempted companies in Bermuda may be accomplished by a special Act of Parliament or by registration and filing, thus known as "incorporating an Exempted Company". Types of Companies: LOCAL COMPANIES: Must have a 60% Bermudian ownership. EXEMPTED COMPANIES: Can have a 100% ownership that is not Bermudian. An exempted company is exempt from tax and may trade only outside Bermuda or with other exempted companies incorporated in Bermuda. PERMIT COMPANIES: Companies incorporated outside Bermuda which have applied for permission to be allowed to trade from Bermuda. Taxation: Our Island at this time does not have any tax on profits, dividends or income, both corporate and personal. There are no capital gains or gift taxes. Exempted companies may apply for exemption from any taxes on profits or income until the year 2016 should such taxes ever be implemented in Bermuda. Advantages of Incorporating an Exempted Company Politically and economically stable, secure and tax neutral co-operative jurisdiction, no exchange controls, state of the art communications, highly developed infrastructure, own stock exchange (Bermuda Stock Exchange) and a sound but commercial and flexible regulatory system. ESTATE PLANNING AND TRUSTS What is a Trust? "The Trust" concept provides a pivotal role in the process of insuring careful financial planing for individuals of high net worth. A Trust is a legal relationship whereby one individual transfers legal title of certain assets to another who in turn holds and manages these assets for the benefit of others. Who needs a Trust? Fundamental reasons for establishing a trust may include any number of the following; Provision for spouses, dependents, unborn grandchildren, friends and charities. Efficient and timely distribution of assets upon death. Preservation of family wealth from frivolous and less responsible family members. Continuity of family business. Minimization of estate and inheritance tax. Pre-nuptial arrangements and divorce settlements. Who is behind a Trust? The Settlor is an individual who gives property to the trustee(s) to hold for and on behalf of the beneficiaries The Trustee(s) is a person(s) who holds the legal title to the Trust Fund and who are obliged to administer the Trust for and on behalf of the beneficiaries. The Beneficiaries are the recipients of the Trust and can be individuals, companies or charities A Estate Planning and Trust related work that is prepared for and on behalf of our clients is done so in conjunction with the appropriate professionals. Why Bermuda? Location Political and economic stability Secure and tax neutral co-operative jurisdiction No capital gains tax No stamp duty imposed on Trusts established by non-residents No exchange controls No complete disclosure State of the art communications Highly developed infrastructure The Trust concept cannot be invalidated by other jurisdictions Why Zobec? All Estate Planning and Trust related work that is prepared for you by Zobec is done in conjunction with the appropriate professionals. Zobec is committed to providing clients with the facts and guidance needed in planning their Estates and Trusts. We believe that each client is unique and that each Estate or Trust is extremely personal and particular to each individual. We will respond to your needs with discretion and confidentiality. Zobec provides the flexibility of conducting all your business within one company. MANAGEMENT ACCOUNTING Zobec has a team of highly qualified accountants and professionals who assist management by continually evaluating the key elements of their operations. We help identify and value business opportunities including mergers and acquisitions for clients, managers and boards of directors on a regular basis. We report on a monthly, quarterly, semi-annually or annual basis providing the technical support that you will need: Account analysis Financial Statements including specialized reports Cash flow reporting Accounts payable, with aging, open invoices and cash requirements reports Accounts receivable, with aging and other reports INVESTMENT MANAGEMENT We have been actively involved in the Bermuda market during the last thirty years and have an excellent working knowledge of local companies. Globally we tap a pool of investment advisors who we evaluate continually including, Goldman Sachs, Pain Webber and Cazenove. Additionally we utilize Fidelity, Vanguard and LGT (now Amverscap) for fund investments. Zobec actively manages cash and has an excellent working relationship with a number of financial institutions, which guarantees competitive rates for our clients. We are currently managing over $100,000,000.

For further information call 441-295-1393 or email zobec@ibl.bm