The information given on this website is for educational and informational purposes only. The information therein, including but not limited to any articles, pages, comments, or links to 3rd party sites does not constitute ANY legal or tax advice or opinion. This website is designed to provide a baseline to start research, but all readers are encouraged to perform their own due diligence. Assetprotectionworldwide.com should absolutely not be relied upon for any purposes whatsoever. Furthermore this website is kept current only as our time allows, and the information given here may not be current. We make NO GUARANTEES as to the accuracy of the information herein or linked to other sites. Nothing in the information given below should imply that the drafters of this webpage are admitted to practice law in the referenced state or have any special expertise in the areas listed. Nothing herein should be construed as a solicitation by the drafters of this website to practice law in the referenced state. Persons desiring any sort of service related to law or taxes or investing or other activity should contact a licensed professional or attorney or other appropriate planning professional in this state. This site is not meant to provide a substitute for the services, advice, or counsel of a properly licensed attorney in the relevant state or country.

Please read through our Full terms and Agreement

TERMS AND CONDITIONS OF USE AGREEMENT

AssetProtectionWorldwide.com, Hereafter “We” or “Website” is owned and operated by ASSET PROTECTION WORLDWIDE LLC operating out of Wyoming State

We have drafted this Terms and Conditions of Use Agreement so that you can understand your rights and obligations relating to the use of the Website.

Terms of Use

By accessing the Website or creating an account on our Website you acknowledge and agree to these Terms and Conditions of Use and to be bound by this Agreement. If you do not agree with these Terms and Conditions of Use, we kindly ask you not to access or use this website. If you are under the age of 18, you confirm that you have your parent’s or legal guardians permission to use this Website. If you are under the age of 13, we ask that you please not use this website under any circumstances.

Violations of these Terms and Conditions of Use may result in termination of your account with or without notice. Users of this website should also read our privacy policy.

Updates

We regularly updates and alters the content of this website and can at anytime delete or change any information or services provided. Although we will do our best, we cannot guarantee to keep all information on this website complete and accurate.

User Content and Intellectual Property

Unless otherwise we otherwise agree in a written statement, any submission of content, photos, video, data or other materials directly through the Web site (collectively, “Materials”); is hereby granted by you to AssetProtectionWorldwide.com in the form of a perpetual, irrevocable, royalty-free, non-exclusive, fully transferable and sub licensable right and license to access, store, copy, modify, use, and otherwise exploit all Materials in any form.

We do not permit users to upload to its website any Materials which could infringe any rights of third parties. It is strongly prohibited to use images for any racist or unlawful purposes, as well as to violate any copyright, trademark or service mark, and including the use of images for any subjects which could be considered offensive or abusive to the models in the image. You are responsible for the use of images uploaded on your account.

You are also fully responsible for any punitive damages resulting from infringement, or any possible monetary demands from third parties and/or AssetProtectionWorldwide.com that may violate intellectual property laws.

We reserve the right to remove any user account without prior notice to the user and without having to justify it to the user.

Copyrights

All content of this website and available through the service, including designs, text, graphics, pictures, video, information, applications, software, music, sound, code, logos, trademarks and service marks and other content and materials posted on this website, and their selection and arrangement (the “Site Materials”) are property of AssetProtectionWorldwide.com and its affiliates and licensors with all rights reserved. You may not reuse or redistribute any part of AssetProtectionWorldwide.com for any reason.

Notice and Procedure for Making U.S. Claims of Copyright Infringement

AssetProtectionWorldwide.com is committed to complying with copyright and related laws. You are not allowed to store or transmit any material or content on AssetProtectionWorldwide.com in any manner, if the material or content constitutes an infringement of third party intellectual property rights. It is our policy to terminate privileges of any User who infringes upon intellectual property rights.

CONTACT HERE

NO WARRANTIES

ALL SERVICES, PRODUCTS, ACCOUNTS, PROFILES AND MATERIALS ARE PROVIDED “AS IS” AND “AS AVAILABLE” BASIS. WE MAKE NO WARRANTIES, EXPRESSED OR IMPLIED, AND HEREBY DISCLAIMS AND NEGATES ALL OTHER WARRANTIES, INCLUDING WITHOUT LIMITATION, IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, CORRECTNESS OF RESULTS, OR NON-INFRINGEMENT OF INTELLECTUAL PROPERTY OR OTHER VIOLATION OF RIGHTS. FURTHER, ASSETPROTECTIONWORLDWIDE.COM DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS CONCERNING THE ACCURACY, LIKELY RESULTS, OR RELIABILITY OF ANY OF THE PRODCUTS SOLD ON THE WEBSITE INCLUDING WITHOUT LIMITATION: THE USE OF THE SUPPLEMENTS, WORKOUT, TRAINING AIDS AND OTHER ASSOCIATED MATERIALS ON THE WEB SITE OR ON ANY SITES LINKED TO THIS SITE. Some states do not allow limitations or exclusions on warranties, so the aforementioned limitations may not apply to you.

LIABILITY

YOU ACKNOWLEDGE AND AGREE THAT ASSETPROTECTIONWORLDWIDE.COM; ITS OWNERS, DIRECTORS, EMPLOYEES AND AFFILIATES, IN NO CASE SHALL BE LIABLE FOR ANY LOSS OR DAMAGES RELATED DIRECTLY OR INDIRECTLY TO THE USE OF THE WEBSITE OR THROUGH THE USE OF ANY PRODUCT SOLD ON THE WEBSITE.

YOU AGREE TO DEFEND, INDEMNIFY AND HOLD ASSET PROTECTION WORLDWIDE LLC, THE WEBSITE, ASSETPROTECTIONWORLDWIDE.COM; AND ANY PARENT, SUBSIDIARY, AFFILIATE, DIRECTOR, OFFICER, EMPLOYEE, LICENSOR, DISTRIBUTOR, SUPPLIER, AGENT, RESELLER, OWNER, OR OPERATOR OF ASSETPROTECTIONWORLDWIDE.COM FROM AND AGAINST ANY AND ALL CLAIMS, OBLIGATIONS, LOSSES, LIABILITIES, COSTS OR DEBT, AND EXPENSES INCLUDING BUT NOT LIMITED TO; ATTORNEY’S FEES, DEMANDS, OBLIGATIONS, DAMAGES (ACTUAL, SPECIAL, INDIRECT OR CONSEQUENTIAL, INCLUDING LOST PROFIT DAMAGES, REGARDLESS OF WHETHER OR NOT YOU HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), COSTS, AND EXPENSES AND ANY THEORY OF LIABILITY OF ANY KIND OR NATURE WHATSOEVER, WHETHER KNOWN OR UNKNOWN, SUSPECTED OR UNSUSPECTED, DISCLOSED OR UNDISCLOSED, THAT YOU MAY HAVE AGAINST US OR THEM ARISING FROM THE FOLLOWING, INCLUDING, WITHOUT LIMITATION: (I) YOUR USE OF AND ACCESS TO ASSETPROTECTIONWORLDWIDE.COM; (II) YOUR VIOLATION OF ANY TERM OF THESE TERMS OF USE; (III) USE OF ANY PRODUCT PURCHASED FROM THE WEBSITE; AND (IV) ANY REASON WHATSOEVER NOT EXPLICITLY AFOREMENTIONED. THIS DEFENSE AND INDEMNIFICATION OBLIGATION WILL SURVIVE THESE TERMS OF USE AND YOUR USE OF WEBSITE. Applicable law may not allow the limitation of exclusion of liability or incidental or consequential damages, so the aforementioned limitation or exclusion may not apply to you.

THE ABSOLUTE MAXIMUM LIABILITY ACCORDING TO THIS TERMS AND CONDITIONS AGREEMENT FOR ANY CAUSE WHATSOEVER SHALL NOT EXCEED, IN THE AGGREGATE, THE AMOUNT, IF ANY, PAID BY YOU TO ASSETPROTECTIONWORLDWIDE.COM.

CAUSE OF ACTION LIMITATIONS
YOU AND ASSET PROTECTION WORLDWIDE LLC AGREE THAT ANY CAUSE OF ACTION ARISING OUT OF OR RELATED IN ANY WAY TO THE USE OF THE WEBSITE OR ANY AFFILIATED WEBSITE MUST COMMENCE WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION; OTHERWISE, SUCH CAUSE OF ACTION IS PERMANENTLY BARRED.

Legal Use

Although you may access this Website from other territories around the world, by accessing this website you agree that its use, the use of any material contained on the website and the use of all services provided, will be governed by the laws and courts of Wyoming State, United States, regardless of where you live, or how these laws may differ from the laws of the country from which you are accessing this website. ANY OFFER FOR ANY PRODUCT, FEATURE OR SERVICE MADE ON WEBSITE IS VOID WHERE PROHIBITED.

You may use this website only in accordance with these Terms and Conditions of Use and for lawful purposes as stipulated by law. You may not abuse this website in any way. Nor are you permitted to use any automated software when accessing and using this website.

We reserve the right, at our sole discretion, to change, modify or otherwise alter these Terms and Conditions of Use at any time, by posting the revised Terms and Conditions of Use on our website, and you hereby waive any right you might have to receive specific notice of such changes.

You may not use this website in any manner that violates any law, regulation, treaty or tariff or infringes on the legal rights of any third party, in any manner which is defamatory, fraudulent, indecent, offensive or deceptive, to threaten, harass, abuse or intimidate others, to damage the name or reputation of AssetProtectionWorldwide.com or the Website, its affiliates, or subsidiaries, to break security on any computer network, or to access an account that does not belong to you, and in any manner that interferes with other customers’ use and enjoyment of the services provided by the Website.

You are prohibited from storing, posting, distributing or transmitting any unlawful content at or through this Website or otherwise in connection with the Terms and Conditions of Use. Examples of unlawful content include but are not limited to direct threats of physical harm, stalking, any kind of pornography, and copyrighted, trademarked and other proprietary material used without proper authorization. Other prohibited content includes but is not limited to: programs containing Trojan horses, virus and/or tools to compromise the security of this website and/or other sites, suggestions or encouragement of illegal activity, duplicative posting or “spamming”.

Children and individuals under the age of 18 years are allowed use of this website only under supervision and with consent of their parents or legal representatives. By using the website without supervision; or by registering, you warrant that you are at least 18 years of age and have full legal capacity, or that you have consent from your parents or legal guardians to use this website.

Miscellaneous

AssetProtectionWorldwide.com may be viewed internationally and may contain references to products or services not available in all countries. References to a particular product or service do not imply that such product or service is appropriate or available to all persons of legal purchasing age in all locations, or that we intend to make such product or service available in such locations. Our failure to exercise or enforce any right or provision of these Terms of Use shall not operate as a waiver of such right or provision.

The section titles in these Terms of Use are for convenience only and have no legal or contractual effect. These Terms of Use and your account on Website are personal to you and may not be transferred or assigned.

Our performance under these Terms of Use is subject to existing laws and legal process, and nothing contained in these Terms of Use is in derogation of our right to comply with governmental, court and law enforcement requests or requirements relating to your use of AssetProtectionWorldwide.com or information provided to or gathered by us with respect to such use.

Typographical Errors
If there is a situation in which one of our products is mistakenly listed or mislabeled at an incorrect price, We reserve the right, in our sole discretion, to cancel any orders placed for product listed at the incorrect price. We retain the right to refuse or cancel any such orders whether or not the order is confirmed or your credit card charged. In the unlikely event that this occurs, and your credit card has already been charged for the purchase but We deem it necessary to cancel the order, We will issue a credit to your credit card account in the amount of the incorrect price to balance the account.

SEVERABILITY AND ENFORCEABILITY
If any provision or portion of these Terms of Use is held illegal, invalid, or unenforceable, in whole or in part, it shall be modified to the minimum extent necessary to correct any deficiencies or replaced with a provision which is as close as is legally permissible to the provision found invalid or unenforceable and shall not affect the legality, validity or enforceability of any other provisions or portions of these Terms of Use, and the other provisions of the Terms and Conditions shall remain in full force and effect.

Privacy Policy

This privacy policy was last updated on ______

To obtain a copy of this policy email ______

Users of this website are also bound by the terms of Use (LINK)

Scope Of Privacy Policy

This Privacy Policy applies to your use of all the sites and services owned or operated by Asset Protection Worldwide LLC (collectively “we,” “us,” or “our”), including AssetProtectionWorldwide.com, and any other site that we may own or operate currently or in the future (collectively, the “Website” or “Websites”). Unless specifically stated otherwise, all references to the Websites in this policy include all such sites. This policy does not apply to your use of sites to which any of the Website may link to (“3rd party websites”). This policy covers only information collected on the Website, and does not cover any information collected by third 3rd party websites.

Your privacy is very important to us. We have developed this Policy in order for you to understand how we collect, use, communicate and disclose and make use of personal information. We will collect and use of personal information solely with the objective of fulfilling those purposes specified by us and for other compatible purposes, unless we obtain the consent of the individual concerned or as required by law.

We will make readily available to customers information about our policies and practices relating to the management of personal information. We are committed to conducting our business in accordance with these principles in order to ensure that the confidentiality of personal information is protected and maintained.

AssetProtectionWorldwide.com is not responsible for the privacy statements or other content on websites outside of the Website and the AssetProtectionWorldwide.com family of websites.

Children Under Thirteen
AssetProtectionWorldwide.com is not directed to children under the age of thirteen, but we understand that with adult supervision, some parents may choose to permit their children to visit our Website. AssetProtectionWorldwide.com will never knowingly collect personally identifiable information from children under the age of thirteen. If you are under the age of thirteen, please do not visit AssetProtectionWorldwide.com

Personally Identifiable Information

We may request personal identification information from you such as your name, mailing address, telephone number, credit card number, e-mail address, and other personally identifying information in connection with your use of AssetProtectionWorldwide.com, or to receive products or services, including e-mail from us.

We will only collect personal identification information if you have voluntarily submitted this information to the Website. Except as otherwise provided in this policy, we reasonably attempt to ensure that we never intentionally disclose any personally identifiable information about you as an individual user to any third party without having first received your permission or except in other situations provided for herein or in other circumstances as allowed or required by law.

With your permission, we may use personal identification information for internal or external marketing and/or promotional purposes. We may send you e-mails to present a product or a service.

We will release information about you to comply with any valid legal inquiry or process such as a court order, search warrant, subpoena, statute of which We are compelled by law. In the event that AssetProtectionWorldwide.com goes through a business transaction, such as a merger or acquisition, your personally identifiable information will most likely be among the assets transferred. You will be notified via email of any such change in ownership or control of your personal information.

The information you enter when making a purchase of a product or service will be transferred and shared via a secure SSL connection with payment processors, and your credit card company who will authorize credit card payments. This information may also be shared with other necessary third parties, but only for the purpose or carrying out the transactions for the products or services you have ordered.

Non-Personal Identifiable Information
We collect non-personal identification information through the use of cookies.
The AssetProtectionWorldwide.com website may sometimes use “cookies” to personalize your online experience. The purpose of a cookie is to tell the Web server that you have returned to a specific page. Cookies cannot run programs or deliver viruses to your computer. You have the ability to accept or decline cookies by altering the settings in your web browser.

You have the ability to accept or decline cookies. Most Web browsers automatically accept cookies, but you can usually modify your browser setting to decline cookies if you prefer. If you choose to decline cookies, you may not be able to fully experience the interactive features of the AssetProtectionWorldwide.com services or Website

We use non-personal identifiable information to better manage advertising on the Sites, and to understand how our users as a group use the Website services. This way we know which areas of our Sites are favorites of our users, which areas need improvement, and what technologies are being used so that we may continually improve our Sites.

Personal Information Security
AssetProtectionWorldwide.com secures the personally identifiable information you provide on computer servers in a secure environment. Your information is always protected from unauthorized access. If personal information (such as a credit card number) is transmitted to other websites, its transmission is protected through the use of encryption, such as Secure Socket Layer (SSL) protection.

AssetProtectionWorldwide.com does not use or disclose sensitive personal information, such as race, religion, or political affiliations, without your explicit consent.

AssetProtectionWorldwide.com keeps track of the websites and pages our customers visit within Website, in order to determine what Website services are the most popular. This data is used to deliver customized content and advertising within Website to customers whose behavior indicates that they are interested in a particular subject area.

AssetProtectionWorldwide.com websites will disclose your personal information, without notice, only if required to do so by law or in the good faith belief that such action is necessary to: (a) conform to the edicts of the law or comply with legal process served on Website or the site; (b) protect and defend the rights or property of AssetProtectionWorldwide.com; and, (c) act under exigent circumstances to protect the personal safety of users of Website, or the public.

If you have any questions or comments about our Privacy Policy, or to receive a copy, please e-mail us at ________

Transfer of Information

Non-American Users:
If you are located outside of America, please note that any information you provide to us will be transferred to America and that any disputes arising in connection with this web site will be handled by courts in America with the governing law of the state of Wyoming. By using this Web site, you consent to this transfer of information, the entire privacy policy and the terms and conditions.




Preamble

All Asset Protection Worldwide, LLC Services, including all information contained in the Asset Protection Worldwide, LLC Company Formation Agreement, and itemized business order form, and release of liability form (hereinafter referred to as the “Agreement”) will act as the legal basis of the business relationship between Asset Protection Worldwide, LLC and any of its Client(s). Any and all information contained in the Agreement will be treated with strict confidentiality by Asset Protection Worldwide, LLC

The Agreement will be subject to, and the Client’s respective rights stated within, are under protection of, the applicable financial services laws of the under United States Law.

The Agreement will become legally binding for the Client and for Asset Protection Worldwide, LLC with expressed consent by the Client, by one of two ways. 1) By signature of Agreement or 2) payment for Services delivered by Asset Protection Worldwide, LLC.

Definitions


“Asset Protection Worldwide, LLC”: Asset Protection Worldwide, LLC is a Delaware Limited Liability Company

“Company”: any incorporated business vehicle, trust, or foundation, which is owned by the Client, only in relation to the Services specifically provided by Asset Protection Worldwide, LLC; For the use of the client.

“Client”: the real, natural person or persons who are shareholders, beneficiaries or otherwise benefit from the formation of the Company, formed or advised to form by Asset Protection Worldwide, LLC for the benefit of said natural person. It is these real person(s) whose behalf and for whose use the Services are to be provided under the Agreement, AND also includes any person(s) authorized to represent the Client; in the case of more than one person all such persons jointly and severally.

“Communications”: any communication between Asset Protection Worldwide, LLC and Client by any of the following methods: direct conversation in person; telephone; any form of voice communications including Skype, Oovoo or VOIP service; instant messaging; mail; e-mail; fax; or any other communication not explicitly listed.

“Primary Contact”: this person, nominated by the Client to act as an intermediary or initial point of contact in any and all Communications between Asset Protection Worldwide, LLC and the Client; whether such person is either 1)only the Client himself, 2) one natural person selected by the group of Clients (in the event there is more than one client) for purposes of contact in any and all Communications between Asset Protection Worldwide , LLC and the Client. Or 3) a third party selected by the Client for purposes of contact in any and all Communications between Asset Protection Worldwide, LLC and the Client.

“Order Forms”: the scope of instructions and information given by the Client to Asset Protection Worldwide, LLC in order to incorporate, acquire a Company, to determine and configure Services and to provide the mandatory information about the Client, as all presented in a standardized format (Order Forms) in this Agreement; or as available in electronic format on the Website.

“Client of Record”: The person(s), including the Client and the Primary Contact, pursuant to this Agreement, are encouraged to provide binding directives to Asset Protection Worldwide, LLC in respect to the Company and the Services.

“Person”: as far as the context admits, any natural person, organization, incorporated firm or other body, incorporated or unincorporated.

“Services”: will constitute any of the following, but is not strictly limited to; any and all asset protection consultation; the organization and formation of a Company. provision of the resident agent, registered office, agent, company secretary, director, officer, shareholder or account signatory services, opening and operating of corporate bank accounts, receipt, handling and maintenance of bank statements, advices, statutory mail, invoices and commercial correspondence, issuance of invoices, statements and correspondence to customers, receipt and handling of customer calls, maintenance of corporate records and accounts, preparation and filing of financial accounts and reports, account reconciliation and other administrative and managerial work of similar nature that Asset Protection Worldwide , LLC may provide to the Client or to the Company.

“Website” shall refer to www.assetprotectionworldwide.com and all the pages located within. However, it shall not apply to links to 3^rd party sites, or any 3^rd party software.

“Itemized Business Order Form”: the scope of information given by Asset Protection Worldwide, LLC to the Client in order to provide ongoing research, educational information and pricing, regarding incorporating or acquiring a Company as all presented in a standardized format (Itemized Business Order Form) in this Agreement; or as available in electronic format on the Website.

Disclaimer


Information contained on the Asset Protection Worldwide, LLC website has been prepared for continuing research purposes only and although these materials are technical in nature, they carry no weight other than being educational. 

The information and concepts presented on this website have been garnered from sources deemed reliable at the time of rendering. Since laws, rules, rulings, regulations, statutes and codes are constantly changing and evolving, the information on this website may not be current and Asset Protection Worldwide, LLC takes no responsibility for updating, omitting or correcting any information on this website. Asset Protection Worldwide, LLC offers no guarantees of the information on this Website as being comprehensive, exhaustive, accurate or complete and further that the information provided on this website is on an “AS IS” basis. Any guidance or reliance on the content on this website is at the sole risk of user.

 No representations or warranties are given or implied to render any financial, financial planning, accounting, tax, legal or other professional advice or services. No financial, financial planning, accounting, tax, legal or other professional advice or services are intended, approved or authorized by Asset Protection Worldwide, LLC If any financial, financial planning, accounting, tax, legal, or other professional advice or services are required, then a competent professional should be sought. 

The contents of this website should not be taken as sanctioning or advocating any unlawful act or for any improper use of any onshore or offshore entity structures for any illegal or fraudulent purposes. Asset Protection Worldwide, LLC and its members, officers, directors, staff, associated agents, specialists, advisors, agents, representatives, employees and affiliated firms, wherever situated, take no responsibility whatsoever, whether individually or collectively, for the manner in which clients may choose to interpret or use the information presented on this website or in any communications and shall not be held liable for any civil or criminal liability, damages, whether direct, indirect, special or consequential resulting from any interpretation or use of the information provided.

Asset Protection Worldwide, LLC takes privacy and security of ANY and ALL information presented by the client exceptionally seriously.

Asset Protection Worldwide, LLC may release information to third parties as reasonably required to process orders.

However, In order to maintain strict client confidentiality, Asset Protection Worldwide, LLC will never sell, give away, present recommend, endorse or promote our client’s names, addresses, products or services except as required for registration purposes.

The release of client information may also be a result of changes in the laws of the Republic of the Delaware or by lawful order.

The copyright of this website, and all pages contained therein is reserved with copyright © 2011 Asset Protection Worldwide LLC

Covenants and Liability of Asset Protection Worldwide, LLC


1. Asset Protection Worldwide, LLC assumes no responsibility for the actions of the Company; including actions of negligence, fraud, tax evasion, and any and all liabilities not explicitly mentioned. Any business conducted by the Company is unrelated to Asset Protection Worldwide. Asset Protection Worldwide, LLC only acts as a intermediary for registration purposes. Additionally, Asset Protection Worldwide, LLC holds no ownership and no constructive interest in the Company. The sole interest of Asset Protection Worldwide, LLC is the registration of the Company – and the fees paid to Asset Protection Worldwide, LLC by the client. Nothing in this Agreement claims to create any kind of business partnership between Client and Asset Protection Worldwide, LLC

2. Asset Protection Worldwide, LLC hereby enters a contract with the Client that no confidential information received from the client will be released in any way except for 1)registration of the Company 2)compelled to do otherwise by law or 3)in the event that Client provides expressed written consent to release information.

3. Asset Protection Worldwide, LLC will never, under any circumstances, be liable or responsible for any commercial decisions or actions that the Client has made in respect to the Company or its business ventures.

Conditions(Due Diligence)


4. Asset Protection Worldwide, LLC is subject to financial services regulations that enforce stringent “due diligence” standards on all of its business relationships, including this Agreement.

As a pre-requisite for this Agreement to become a legally binding document, for any Services to be provided on behalf of the client; Client shall convey information to Asset Protection Worldwide, LLC as proof of the identity, address, business operation, financial status and reputation of all individuals and entities involved in the Company as beneficial shareholders, directors, owners, signatories, nominee directors or representatives in any other controlling role in the Company.

4.1 In the event that Client provides any fraudulent or erroneous information as to their real identity or otherwise listed in the aforementioned paragraph, Asset Protection Worldwide, LLC assume absolutely no responsibility for any and all liabilities that may arise because of any fraudulent or erroneous information.

5. At any time, by the request of Asset Protection Worldwide, LLC; Client will present Asset Protection Worldwide, LLC with any information, including but not limited to; any company reports and financial statements necessary to prepare complete and correct accounts that may be required to guarantee that Company act in accordance with all applicable laws. This information is released for the reason that any administrator provided by Asset Protection Worldwide, LLC can perform their responsibility in accordance to the standards imposed by law.

6. At any time after which this Agreement becomes a legally binding document, the Client will be solely responsible for providing Asset Protection Worldwide, LLC with comprehensive, timely and correct information (including but not limited to company reports and financial statements, information on the clients and any other information requested by Asset Protection worldwide, LLC) in order to enable Asset Protection Worldwide, LLC to provide services.

7. Client agrees to notify Asset Protection Worldwide, LLC of any change; when the change comes into effect, without delay; of the following ownership contact information: ownership of the Company, any change in the residential or business addresses, email addresses, contact telephone and facsimile numbers of any of the Clients of Record; and any other change that would alter the registration of the Company. Client acknowledges that with change in any of aforementioned ownership information additional fees may be applicable for services required to update Company registry information in order to comply with law and keep accurate records.

8. Client agrees to notify Asset Protection Worldwide, LLC of any change; when the change comes into effect, without delay, any alteration in Company’s operational purpose, address, change of ownership or any other such information necessary for Asset Protection Worldwide, LLC to maintain proper records. Client acknowledges that Asset Protection Worldwide, LLC has registered their company only after being reasonably assured all actions of the Company are in compliance with the law; and that any change in Company that would violate any law is the sole responsibility of the Company. No liability will be assumed by Asset Protection Worldwide, LLC for any actions of the Company.

 Procedures and Directives


9. When providing Services, Asset Protection Worldwide, LLC will always act only by instruction received from the Client, and will never act on its own discretion, except when legally obligated.

9.1 In the event that two or more persons amount to a Client, Asset Protection Worldwide, LLC shall act on instructions issued by the Primary Contact, or 

on commands issued by all Clients of Record.

10. Client gives permission for Asset Protection Worldwide, LLC to act on any and all instructions by the Client, or by any person Asset Protection Worldwide, LLC reasonably believes to be legitimately authorized by the Client.

If there is ever any doubt as to the validity of an instruction or request by the Client, Asset Protection Worldwide, LLC can (but is not obligated to) request supplementary confirmation of the request and/or identification of the client. Asset Protection Worldwide, LLC is not liable for any losses or damages caused due to delay or failure to act upon an instruction because of need to verify the validity of the request to Asset Protection Worldwide, LLC’s satisfaction.

12. When two or more persons comprise a Client, each person appoints all other persons to be an agent with rights to exercise full power, and each such person agrees that their responsibility under this Agreement apply to each and every person jointly and severally.

13. Asset Protection Worldwide, LLC may demand that any individual instruction or request be issued in writing. Asset Protection Worldwide, LLC retains sole discretion to determine the validity of the request and will not be held liable for any losses or damages for failure to act.

14. Besides instances of complete negligence on the part of Asset Protection Worldwide, LLC; the Client will accept all risk of loss or damage caused by any advice, instruction, or consultation; as well as the event that any request or information was not sent or received, or by any communication that is incomplete, ambiguous, illegible, otherwise unclear or was made in error.

Furthermore, in regards to any instructions or communication sent to Asset Protection Worldwide, LLC by unauthorized third parties unlawfully pretending to represent the Client; Asset Protection Worldwide, LLC shall not be liable for any loss or damage resulting from action or inaction taken by its misplaced confidence in any direction, note, document or other communication plausibly assumed by Asset Protection Worldwide, LLC to be legitimate and originating from the Client.

15. Asset Protection Worldwide, LLC may, at its sole discretion, abstain from acting on any directives that are unclear, ambiguous, incomplete, conflicting do not appear authentic. Asset Protection Worldwide, LLC shall not be liable for any loss or damage for its failure to act until such imperfections are fixed.

16. Asset Protection Worldwide, LLC does not have to act on any instructions, if the action is in conflict with any provisions outlined in the Memorandum or Articles of Incorporation of the Company; Or if it may render Asset Protection Worldwide, LLC or any employees to any liability, risk of prosecution in any jurisdiction, or maybe in any way may otherwise be illegal.

17. In the event that a claim or action is taken against the Company by a 3^rd party (or against Asset Protection Worldwide, LLC because of services provided to the Company) then Asset Protection Worldwide will make every attempt to hastily contact The Primary Contact. However, if the claim or action requires urgent response in order to protect the interests of the Company, the Client or Asset Protection Worldwide, LLC; and Asset Protection Worldwide, LLC is cannot obtain the instructions or information it needs from the Client then Asset Protection Worldwide, LLC may do one or several of the following 17.1 take no action;

 17.2 utilize any assets of the Company to defend against or to satisfy such claim or action;
 

17.3 Take any action Asset Protection Worldwide, LLC deems necessary and appropriate to protect itself and the Company.

18. In the event that any breach of contract occurs under the Agreement on the part of the Client; and the client fails to remedy such breach within fourteen (14) days following a notification issued by Asset Protection Worldwide, LLC then Asset Protection Worldwide, LLC may do any one, or several of the following:

 18.1 Use any assets of the Company to remedy the Client’s breach;

 18.2 Resign from providing any Services under Agreement;

 18.3  any other action Asset Protection Worldwide, LLC sees as appropriate including but not limited to dissolution of Company and liquidation of Company’s assets.

19. Asset Protection will not be liable for any failure or delay to carry out instructions or requests. Asset Protection will not be held liable for any errors in processing requests except when acts of fraud, willful misconduct, or gross negligence is demonstrated by Asset Protection Worldwide, LLC

20. In absolutely no situation or circumstances whatsoever will Asset Protection Worldwide, LLC be liable for any loss of business, profit (real or anticipated), opportunity or any other  loss to the Company, the Client, Primary contact, or persons or other entity thereof not explicitly mentioned; even if the loss was reasonably foreseeable.

21. Except without the expressed written permission is given by Asset Protection Worldwide, LLC to the Company, the Client will never make any reference to the registered address of the company in any advertisement, promotion or otherwise indicating the registered address of the Company as the actual location for daily business operations.

22. If Asset Protection Worldwide, LLC relocates and changes the registered address of the Company, Asset Protection Worldwide, LLC shall provide the Client with thirty (30) days notice of the change. Asset Protection Worldwide, LLC will not be responsible for any additional fees charged to the Client as a result of a change in registered address.

23. Asset Protection Worldwide, LLC will have the discretion to designate any particular persons including shareholders, directors or officers of any positions, and also retains power to enforce any subsequent change including but not limited to, replacement or ejection of such appointees, who may be both corporate bodies or natural persons.

Covenants and Liability of the Client


24. The Client guarantees that it will not involve Asset Protection Worldwide, LLC in any illegal operation whatsoever. Furthermore, Client consents that Company will not use, or permit to be used, any of the Services provided under this Agreement in any of the following activities including but not limited to: terrorism and terrorist financing, tax evasion, money laundering or delivery of earnings from criminal activities, embezzlement, fraud of any kind, corruption, trafficking or trade in any restricted substance, human trafficking, or any other activity that is defined as criminal by international law or the laws of the State of Delaware. The Client also confirms and guarantees that no asset introduced into the Company either at the commencement of business or later, is derived from any such activity, and that the Client has full authority to transfer such asset to the Company.

25. Client acknowledges that Asset Protection Worldwide, LLC may, at its discretion, refuse to provide any Services under this Agreement if the Company is alleged and Asset Protection Worldwide has any suspicion to believe that Company is or was at any time engaged in any of the following activities involving, but not limited to: arms, weapons or munitions, human or animal organs, gambling or gaming, drug paraphernalia, multi-level marketing schemes, pornography, unsanctioned sporting events, religious cults, political and non-profit organizations, violation of copyrights, patents or any other intellectual property, or any other such activity that, in the reasonable opinion of Asset Protection Worldwide, LLC may damage the reputation of the State of Delaware, the country of incorporation of the Company, or Asset Protection Worldwide, LLC

26. The Client confirms and covenants that none of the Clients under this Agreement are forbidden under any laws from receiving any of the Services under this Agreement.

27. Client agrees at all times to keep Asset Protection Worldwide, LLC including all its staff, advisors, associated agents, employees and affiliated firms, notified of any and all actions, claims and demands which may be brought against Asset Protection Worldwide, LLC or the Company particularly any and all losses, costs, charges, damages and expenses which Asset Protection Worldwide, LLC may incur, including but not limited to actions for which Asset Protection Worldwide, LLC may become liable by reason of its having acted on instructions from the client as well as any such instructions that may not have been duly authorized by the Client.

29. The Client recognizes that under certain situations, Asset Protection Worldwide, LLC may be legally bound by order of a Court of law, or other competent authority, to disclose confidential information of affairs of the Company or the Client, and, in the event that Asset Protection Worldwide, LLC should become legally bound to do so, it shall not be liable for any losses or damages to the Client of the Company.

Fees and Invoices


30. All fees charged by Asset Protection Worldwide, LLC to the Client shall be in amounts indicated in the standard list of fees as posted on the Website or as specifically sent to the Client by Asset Protection Worldwide LLC, or by Asset Protection Worldwide LLC to the client LLC as an offer, or pricing list. All fees are subject to change at any time for any reason.

31. The grounds for payment of any fees is an invoice issued by Asset Protection Worldwide, LLC to the Company or to the Client of Record. Asset Protection Worldwide, LLC will only issue invoices after the Client of Record has given a clear request for services over any means of Communication. Invoices can be generated electronically and do not necessitate a signature. Asset Protection Worldwide, LLC is not bound to provide any Services before its due fees are paid in full by the Client.

32. The Client recognizes that payment of certain fees, in particular annually recurring fees, is imperative to maintain company on the registry. Client identifies that a late payment may also entail substantial late penalties or surcharges, to be paid by the Client before any further Services are provided. Additionally, Client accepts that the failure to pay fees on time may result in the Company being dissolved, or otherwise becoming unregistered.

33. If the Client does not pay invoices within the timely payment period which is stated in the invoice, Asset Protection Worldwide, LLC can at its discretion, deduct outstanding fees from any account, funds or resources of the Client or the Company for the purpose of settling the debt.

Tax and Legal Advice


34. Client recognizes that Asset Protection Worldwide, LLC is not a law firm or tax firm, and can not advise on any legal, financial or tax implications affecting the Company and Asset Protection Worldwide, LLC has not provided any legal advice, tax advice or any other financial advising to the Client, nor has Asset Protection Worldwide, LLC made any assurances or guarantees as to the efficacy or appropriateness of any Service or corporate structure, or otherwise for any use of the Client. Nothing contained in the Website, or any other document or communication produced by Asset Protection Worldwide, LLC shall be interpreted as tax or legal advice of any kind. Client also recognizes that Asset Protection Worldwide, LLC has suggested that the Client should obtain independent legal and tax advice.

Complaints Procedure and Jurisdiction

35. If Client is aggrieved by the performance of Asset Protection Worldwide, LLC under this Agreement, Client shall send a complaint and proposed remedy (written in the English language) by registered mail to Asset Protection Worldwide. Asset Protection Worldwide, LLC will review the complaint within fourteen (14) business days from the time of its receipt and will seek to resolve the disagreement with good faith.

36. Agreement is governed by and interpreted in harmony with the laws of the State of Delaware and Client agrees to irrevocably submit to jurisdiction of the State of Delaware and the courts therein for resolution of any dispute.

Termination


37. Asset Protection Worldwide, LLC retains ability to stop any and all services under Agreement for any reason, and at its sole discretion, and without compulsion to divulge the reason for doing so, by giving one (1) month of written notice of the cessation of services to the Client.

38. Client may at any time cease to receive services from Asset Protection Worldwide, LLC, by giving one (1) month of written notice to the Protection Worldwide, LLC

39. In the event that this Agreement is terminated in its entirety, Asset Protection Worldwide, LLC will if requested by the client, serve all Company records and documents Company to a 3rd party designated by the Client, provided that Asset Protection Worldwide, LLC may obtain a lien over these records of the Company if there is any money due and payable by the Client to Asset Protection Worldwide, LLC

40. Should Asset Protection Worldwide, LLC be requested by the Client to transfer the administration of the Company to another 3^rd party designated by the Client, Asset Protection Worldwide, LLC may charge the Client a one time reassignment fee that will be equal to the amount of one annual fee. Additionally the Client shall cover all costs incurred by Asset Protection Worldwide, LLC in order to transfer the administration. This reassignment fee will be paid in addition to any existing invoice(s) that had already existed prior to the transfer and reassignment of the administration of the Company.

41. Client acknowledges that at no point shall Asset Protection Worldwide, LLC be obliged to reimburse any professional fees or expenses to the Client.

42. Client acknowledges that Asset Protection Worldwide, LLC can providing Services to other clients, even if other clients may be in direct competition with either the Client or the Company.

43. This Agreement, Websites, and any other documents or agreements referred to herein, comprise the entire contract and understanding between the parties and supersede and all prior agreements or understandings. Absolutely no variation of this Agreement shall be valid unless agreed upon in writing. If there is any provision of this Agreement that is found by a court or other competent authority to be invalid, voidable or unenforceable, then the rest of the Agreement will remain in full effect.

However, there are numerous downsides to an LLC in California, and plenty of reasons why you should avoid incorporating in the state of California.

California is a weak place for LLC’s for at least 3 reasons:

1. Owning a business in California is asking to get sued

California has more lawsuits than the entire country combined. Especially with hard assets like real estate, asset protection should be a priority. In California, charging order protection is not the sole remedy for a lawsuit. Which means a creditor can liquidate your business and freeze your bank accounts – even if the suit is frivolous.

2. Expensive filing fee’s

The yearly fee’s for a California LLC can be 2 or 3 times the amount of other states. It’s worth it to pay more if you can protect your business.

3. Long waits for incorporation

New York and California have notoriously long waits for incorporation. Incorporation can take up to 4 weeks in the State of New York  and up to 8 weeks in California. Clearly, only a bueocracy can offer this type of service and still be ‘in business’.

Whats your other options other than a California LLC?

Depending on your individual situation, with the guidance of a professional, you can incoporate in a different jurisdiction such as Wyoming – or even consider international incorporation.

If you decide to set up in another state in the United States, you might want to consider the states of Wyoming Delaware and neveade. We like incorporating in the state of Wyoming because Wyoming is a state maximized for asset protection with rather inexpensive filing fees and the possibility of private incorporation.

A Wyoming LLC is highly protective!

I can make your LLC private and keep your personal name off the state register. I have a template operating agreement for a real estate investment company as well.

With an LLC, you have the option to elect for C-corp, S-corp/partnership taxation or disregarded entity taxation. Its as simple as checking a box on your Tax return.

Wyoming is also great because they don’t charge annoying fee’s – for example your certificate of good standing can be printed online and yearly state fee’s are just $50. You can also combine the LLC with a statutory trusts or land trusts to create asset protection structures.

A Wyoming LLC will be formed in less that 48 hours, all I need is your company name to see if it is available, and the fee to incorporate.

Running your own business is a big step towards creating a new lifestyle, making money, gaining personal and financial freedom. With this increased freedom comes increased responsibility,

Running ANY business ALWAYS comes with an inherent RISK.

Depending on the nature of the business, these risks can vary in frequency and intensity. You might not think that YOUR business would never get sued, but here’s where you would be wrong. Very wrong.

The GOOD THING is when you implement an effective ASSET PROTECTION PLAN, you are able to ensure the future of your business, finances and peace of mind.

In America society, there is an deficit of money, and an excess of lawyers. You can bet that if your business does ANYTHING wrong, the wronged person will consider suing your for something.

Once you receive this lawsuit (which will probably be one of the worst days of your life) you’ll realize the importance of asset protection. But it will be too late….

Once your assets are frozen and you can’t even buy a sandwich because of your frozen bank account, then you’ll wish you could have signed up. But it will be too late..

This lawsuit could come from THE MOST TRIVIAL EVENT! And it could involve VERY, VERY LARGE AMOUNTS OF MONEY.

Insurance is good, but a true asset protection plan involves much more…

Lets say you hold a party at your apartment, and someone decides to drive drunk (not an impossible situation, right? Not your business I know, but bear with me) and hits another car, killing the driver. The drunk driver has no assets, so the lawyers skip suing him and jump right to your. Because you procured the alcohol, you are liable for the man’s death (and his son’s education for 18 years.) See the disconnect between ACTUALLY your fault, and how important  it is to become protected.

People will sue you for ANYTHING nowadays.

You could be sued for ALMOST ANY ACTION of your business… and depending on your age or occupation , your home, your family and even your parents could ALSO be placed in financial peril for your mistake!

How would you feel if you were responsible for your parents financial collapse, not being able to retire, paying for expensive lawyers simply because you did not take the quick, easy, painless steps to form a Delaware LLC

Starting a company is a complicated affair, but one part that isn’t complicated is the ABSOLUTE NECESSITY of PROPERLY REGISTERING YOUR COMPANY in a STATE OPTIMIZED FOR ASSET PROTECTION with a BULLET-PROOF OPERATING AGREEMENT

If you have a business now, and it is NOT registered as an IBC,LLC, C-CORP, SCORP etc, you are effectively operating as a sole proprietorship with unlimited liability.

Do you realize that if you do not register your business or idea properly, and you operate as a sole proprietorship, you could be liable for the actions, or negligence of your business to the cost of thousands or hundreds of thousands of dollars?

Do you also realize that we live in a highly litigious society where thousands of people are sued EVERY day?

There is NO major business in the world that operates as a sole proprietorship because it is TOO RISKY

All businesses have inherent risk BUT if you are running a business that hasn’t been properly registered à this is risk with NO REWARD!

Registering your business idea as a company is quick, simple, and affordable and provides “insurance” so that you will never be successfully sued for the actions of your business so that you can run your business safely, securely and effectively.

We have an offices set up in THE BEST STATE in the country for ASSET PROTECTION – Delaware. And we are willing to offer you a discount rate if you sign up for an LLC through our agency WITHIN 24 HOURS.

————-SIGN UP NOW————

WHY DELAWARE?

• Laws of incorperation in Delaware are TAILORED to attract businesses because of their flexibility,
• developed case law, simple tax rules and many other advantages.
• 90% of new Ipo’s are formed in Delaware
• 2/3′s of all companies formed in Delaware are LLC’s
• More LLC’s are formed in Delaware than any other state.
• Costs less than other states
• The flexible statutes allow you to create a custom operating agreement (or use our 30 page agreement as your own) that allows for maximum protection and minimum maintanence.

form company quickly, effiecently and effectively

WHO IS THE REGISTERED AGENT?

We will serve as the registered agent for your company, which means that if your company is ever served legal documents – we are there 24/7 to recieve these documents. The state of Delaware requires this.

BUT CAN I USE A DELAWARE LLC FOR MY BUSINESS IN A DIFFERENT STATE?

• YES!

BUT CAN I USE A DELAWARE LLC FOR MY BUSINESS IN ANOTHER COUNTRY?

• YES, many people choose this route because of the clear laws in delaware and the reliable, established court system of the United States of America

The U.S. Constitution GAURUNTEES that you can use a Delaware LLC wherever your business is located. The Delaware LLC laws provide MORE PROTECTION than ANY other state LLC.

YOU GET ALL THIS FOR THE LOW LOW PRICE OF ONLY $299

This Includes:

• MONEY BACK GUARUNTEE.
• Name Search
LLC Certificate of Formation
• $99 State Filing Fee Registered Agent Service until January 2012 ($99) annually thereafter)
• Priority Mail Delivery
• Professionally-Prepared 40 page LLC Operating Agreement, ready-for-signature

ITS SO EASY YOU DON’T NEED TO THINK –  just fill out the easy to use form on the website with the name of your company (and 2 backups in case they are taken) pay through paypal or googlecheckout, and the rest is taken care of, allowing you to sleep knowing your business, your family and your financial future is SAFE and SECURE.

————-SIGN UP NOW————

act now, before its too late…

Quick Overview

• For asset protection purposes: A LLC is a private entity established mostly for the purpose of creating a degree of separation between the debts, obligations and liability of the owners and the debts, obligations and liability of the business LLC.
• LLC’s are very flexible and have a vast array of uses.
• They are quite effective for property ownership.
• Relatively easy and inexpensive to set up.
• Creates a corporate veil between owners and company.
• LLC’s have many tax options.
• Has “outside and inside” protection.
• Several drawbacks to consider regarding single member LLC’s as opposed to multiple party LLC’s.

BENEFITS

Limited Liability

• The biggest benefit of an LLC is that all owners of a LLC are protected by corporate veil from being personally liable for the debts, and lawsuits of the LLC.
• Any LLC is its own separate entity. This means that any LLC is basically a legal person separate and apart from its owners. This is also important to note from a business continuity perspective. If a member, manager or a key employee dies or leaves the business, the business still continues.

Management Structuring

• A LLC creates flexibility when deciding how a business will be managed. The members of a limited liability company can choose between two simple management structures: management by members or management by designated manager.
• This benefit of an LLC allows members great elasticity in deciding the rules and bylaws with regards to the LLC management and governance.
• LLC laws intentionally impose very few formalities when it comes to limited liability company decision-making among members and managers.  This provides great benefits of an LLC because the owners can concentrate more on operating the business than worrying about formalities or upkeep.  Regardless, some limited liability company maintenance is recommended or required to retain the limited liability benefits of an LLC.
• LLC laws are focused on creating the ability for contractual flexibility.  LLC’s are designed so they allow members themselves to decide on important issues such as: ownership structure, right to profits, voting rights and many other aspects of the member relationships between both each other and with the limited liability company itself.  This allows an LLC to be used for many different types of businesses. LLC’s can be very simple or extremely complex, and cab be tailored to each individual situation.

TAXES

• The tax choices for an LLC are very advantageous. The IRS passed a regulation which cause the limited liability company to become a popular business vehicle for small business. “Check the Box” regulations, allow the members of the LLC to choose how the LLC will be taxed for federal income tax purposes.
• For a single member LLC that is owned by an individual, the limited liability company can have simple sole proprietorship federal income taxation but without the personal liability of sole proprietorships. Sometimes single member LLC’s can be owned by other entities- (If a C-Corp was the only owner of an LLC) in this situation, the tax choices afford the business freedom from complex consolidated return regulations.
• For multi-member LLC’s, laws allow partnership pass-through taxation. This is useful in that the limited liability company doesn’t to comply with many complex rules normally imposed upon a corporation that utilizes pass through taxation. Additionally, both a single member and multi-member LLC can each choose to be taxed as a corporation. The tax benefits of an LLC often provide more choices than other legal entities.

Important to note:

1. Always register your LLC in a state that only allows creditors a charging order as the sole remedy by statute.
2. If it is important, make sure you register in a state that allows anonymous managers, or use a nominee manager.
3. Make sure you have a well formulated and thought-out operating agreement in writing.

Courts have continually ruled that there is a distinction between an LLC and the owner of the LLC – and that the owners are insulated from the debts of the company.

You can register your business in an LLC in any state, and you would be wise to do so in a state that provides you with the most rights. Some of the most popular States for LLC’s are Wyoming, Delaware and Nevada. This is because the case law in these states is well developed.

Weaknesses

Be aware, that courts can pierce the corporate veil of LLC’s when fraud or falsification is involved, or under certain situations where the owner uses the company as an “alter ego.”

SINGLE MEMBER LLC’s – are an interesting topic. Many recent court cases have weakened the effectiveness of single member LLC’s.

LLC charging order protections MAY not apply to a single member LLC. A 2003 Federal bankruptcy court case (in Re Albright – Albright court case) ruled that LLC charging orders don’t apply to single member LLC’s. Furthermore, The Florida Supreme Court has ruled that Florida’s LLC laws do not provide asset protection to a single-member limited liability company.
They held that: ”a court may order a judgment debtor to surrender all right, title, and interest in the debtor’s single-member LLC to satisfy an outstanding judgment”

This court case does not apply to every instance of single member LLC’s. There simply is not enough case law at this time. Be aware that other state LLC’s carry considerably better established case law, and that courts have consistently ruled that multiple member LLC’s are protected. Most recently in Dover Phila Heating v. SJS Restaurants 185 Ohio App.3d 107, 2009-Ohio-6187.

Vodafone is a UK company, and Hutchinson Tellecon International was registered in Hong Kong. To complete the transaction Vodafone’s Dutch subsidiary purchased  a company in the Cayman islands that was controlled by Hutchinson. Indian tax officals claim the cayman islands firm was just a shell, and that Vodafone is should be forced to pay the captial gains taxes that were owed by the other company.

In its transaction, Vodafone acquired 52% from Hutchison by way of the  Cayman Islands entity while another  15% that was acquired from two owners who were located in India.

The court order says parts of the transaction for which any Indian link is established can be taxed by India. The court leaves the decision of tax liability in the hands of the Indian tax assessing officer, who at this point has not assigned a value to the tax liability of Vodafone.

“The Court was of the view that the transaction was a composite one and the department will have to assess the specific part of the income that had sufficient nexus with the territory of India. Therefore, the sale of shares of the offshore entity may not per se be taxable in India,” said Nishith Desai, acting on Vodafone’s behalf. Mr. Desai would obviously argue that the company had only a 15% of its ownership stake located within India, and only that portion of the transaction is taxable.

On the other hand,  the tax assessor can argue that the entire underlying assets of the company were located within India,  it has jurisdiction on all of it.

This transaction may cause concern for anyone considering major business deals with Indian corporations, and could well impact many past and future Indian business transactions – Foster’s Group Lltd. which was acquired by SABMiller PLC in 2006 is a $120 million deal that was conducted completely offshore. However ‘offshore’ the transaction may have been, Indian tax officals say some insian assets were transferred, and India is entitled to taxes.

Buyer beware, it is very unclear if offshore entities provide any shield from Indian tax collection. Many countries have legislation provisions known as “look-through” where a tax is imposed on gains from transfer of shares located outside the of the country if the transfer results in the passing control of a company that holds assets in the country.

This type of move by the Indian Tax authorities will benefit the country in the short run (by generating $2.6 billion in tax revenue) but could be hugely detrimental to foreign investment prospects in Indian in the future.

Intellectual property is anything that is a creation of the mind: inventions, literary or artistic works, symbols, names, images, drawings, musical compositions etc. It is intangible property, and is the result of creativity which is protected by patents, trademarks, copyrights or other legal protection devices.

Intellectual property is distinguishable from tangible property because tangible property is attached to the legal ownership of a physical item, wheras intellectual property is attacted to the expression of the idea behind that item. The purchase of a CD buys ownership of the CD, but not the underlying content or copyright in the CD’s content.

Intellectual property also includes:

Protecting one’s intellectual property is an important process, one that is fairly simple if properly executed. Once you have registered your intellectual property in the form of a copyright, trademark, slogan-mark, patent etc. you have effectively prevented others from stealing your idea or at least have further legal recourse should they ignore a notice to cease and desist.

Listed below are some resources to learn more about intellectual property, or register intellectual property.

onlinepatentapplication.info

www.intelproplaw.com

United States Intellectual Property

www.copyright.gov

United States Patent and Trademark Office

International Intellectual Property

www.wipo.int/classifications/en

Compiled List of European Countries

European Patent Office

Asian Patent Alliance

Compiled List of Law Firms

Anyone who has even a small amount of investment experiance has certianly learned that diversification is a very important goal. The idea being that when assets are diversified, risk is also reduced, because if one portion of the portfolio fails, the others will suceeed. Many people might think they have a balanced portfolio if it includes a 401K, mutual funds, stocks, bonds and perhaps some gold or other commodity.

The problem is that most people, however, have all of thier investments located:

1. In their home country.

2. In one currency.

Lets take a hypothetical example to demonstrate the dangers of an exclusively-domestic investment strategy.

Let’s say you live in the country of Bergistan.

Assume that this country “Bergistan” is floating along just fine, until one stretch where it is repeatedly attacked by terrorists on an almost daily occurance. Schools are shut down for months at a time, panic stricken individuals quit thier jobs and don’t leave thier homes, those who can escape (the rich) flee to safer locales. The economy grinds to a halt.

International investment all but stops, foreigners cease buying thier bonds and demand repayments of debt. Unemployment skyrockets, riots ensue, businesses close, the Begistan stock market crashes. The future of Bergistan is grim indeed. Futhermore, the Bergistinian national currancy, which was once thriving in the global economy, becomes worthless. Anyone living in Bergistan, who thought they had a well diversified portfolio of Bergistan Stocks, Bergistan Bonds and Bergistan currency realizes thier assets are now worthless.

This is an extreme example, but it nonetheless exemplfies the inherent danger of putting all your “eggs in one basket”, or investments in one currency.

Diversification into foreign markets can be risky, but the opportunities can provide you with wealth you never before thought possible.

By utilizing an advised, thought-out, and well constructed international investment strategy, an investor can potentially mitigate the aforementioned risks, as well as use arbitrage, timing, and prior investment knowledge to generate high rates of return.

This picture is a to scale diagram of what the debt would look like in 100$ bills loaded on pallets. It is sourced here. Yes, that's a person in the lower right.

The US has over 13 trillion dollars in national debt.

Stop for just one moment and think about that number. It is such a large number it is almost impossible to fathom. 13x 1,000,000 x 1,000,000

Just one trillion dollar bills laid end-to-end would stretch all the way from the earth to the sun … and then back again.

The National government deficit (the difference between the amount the government spends and the amount it takes in, per year) for 2009 was a record-breaking $1.4 trillion and estimates suggest that 2010’s budget deficit will be $1.5 trillion.

Many countries around the world have a problem with spending, but the sub-prime mortage crisis and subsequent measures taken by the US government should demonstrate that there is a deep seeded problem with debt in the United States.

Almost every level of the United States has a problem with spending money it doesn’t have, which has fostered a mentality of buy now and pay later. This article is meant to show a very brief overview of the US national debt, and examine future implications involving its largest creditor, China, of which the US owes more than 800 billion USD.

As of June 1, 2010, the debt was valued at approximately 89% of the US gross domestic product, and for the first time exceeded $13 trillion. The annual government deficit or surplus is calculated by subtracting the difference between the money the government takes in, and the amont that the government spends or gives away.

The gross debt increases or decreases as a result of this unified budget deficit or surplus. However, there is certain spending (supplemental appropriations) that add to the gross debt but are excluded from the deficit. The total debt has increased over $500 billion every single year since 2003, with increases of $1 trillion in 2008 and $1.9 trillion in 2009. As the US gets into deeper amounts of debt, they increase spending, take more loans, and raise taxes. This is not the right way to get out of a recession.

Source

Check out this chart sourced from Wikipedia. As you can clearly see, the debt crisis is not a new phenomenon.

However, events such as the Iraq and Afghanistan Wars have pushed the debt to unprecedented levels.

U.S. policy-makers should consider the geopolitical and national security implications of operating a fiscal policy that depends on China and other foreign creditors, who collectively hold 50 percent of U.S. publicly held debt. If they decide to stop buying bonds, the US dollar could collapse. Although this is not likely, and it could cause a systemic economic collapse, there is a chance that faith in the almighty dollar is, or could someday be, significantly deteriorated.

See what some other sources have to say about the issue:

Maj. Gen. Luo Yuan told China’s state-run Outlook Weekly magazine last month, shortly after the U.S. detailed new arms sales to Taiwan,  that China’s “retaliation should not be restricted to merely military matters” but also should be “covering politics, military affairs, diplomacy and economics.”

“We could sanction them using economic means, such as dumping some U.S. government bonds,” Gen. Luo said.

Michael Wessel, a member of the U.S.-China commission, began the hearing by noting that China, whose economy expanded by 10.7 percent during 2009, “emerged from the global recession stronger than ever, expecting its status as America’s banker to convey new political power.”

“The United States government, with its fiscal and monetary tools constrained by the recession, cannot easily extricate itself from its growing financial dependence on China,” he said.

China and the US are inextricably tied financially through debt. It is in China’s best interest that the US dollar remains strong, and the Yaun stays devalued. Its pretty much accepted at this point by most economists that Chians Yuan is 30-40 percent undervalued. This is partially because the Chinese central bank purchases massive amounts of USD in order to peg the yuans value to the dollar at a much lower level, thus allowing for the debt owed to be larger than it would be if the dollar became devalued in respect to the yuan.

Its easier to think of in this way:

The debt is at a fixed amount of dollars, to be paid at a later date. So if the US dollar is worth more, China (or other debt holder) gets paid more. If the dollar is worth less, China gets paid less.

Any way you cut it, the United States owes a tremendous amount of money. This will carry large implications into the future of economic stability not just for the US, but for the entire world. It is unclear at this point what those implications might be, but if you are able to predict correctly and invest strategically, there certainly will be money to be made.

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