Corb7 International February 19, 2020 Newsletter

International Business

Feature

Benefits of a Pre-Established US Corporation

Shelf corporations in the United States have many profound business purposes. They are frequently used for holding personal or business assets.  Another common purpose for the creation of a shelf corporation is as a turn-key business package that can later be sold to someone who wants to start and operate a company without going through the effort to form a new one.   Others might benefit who may not qualify for a bank loan, line of credit, or government contract because they or their existing company does not have the required credit scores or a two to five year established business history.  By purchasing a shelf corporation, an entrepreneur now instantly owns an established company that has been “in business” for several years without debts or liabilities.

For Non-U.S. citizens, owning a shelf corporation in the United States may enhance privacy and open new markets.  Since the United States is not a participant in the OECD Common Reporting Standards, it is often looked upon as a privacy haven for non-citizens looking to invest here.  The Common Reporting Standard (“CRS”),  was created by the OECD in 2014 pursuant to a meeting of the G-20 nations in Australia and calls for the automatic exchange of financial account information between agreeing jurisdictions. It should also be noted, however, that to open a bank account, Non-U.S. citizens will likely need to travel to the United States and meet with potential banks.

Therefore by owning a pre-established corporate entity, you are able to take advantage of the following benefits:

1. Instant availability & fast delivery

2. Show longevity of company filing

3. Immediately own a company with a filing history

4. Ready for immediate transfer as no stock is currently issued

5. May help when applying for contracts and financing

Financial Times Article

International Business

Business Psychology

Too Busy to Meditate?

We recently came across this video and thought it something valuable to share with our readers.  The mental approach to business is absolutely critical to success. and finding time to meditate has been a path many have taken to lessen daily stress.

International Business

  Conference Alert!

Europe’s Biggest FinTech Event returns to Amsterdam
June 16-18th, 2020

Conference Details

Lifestyle

Executive Fitness

How Certain Nutrients Affect Your Body!

The effects of proper nutrition on the body are profound. When paired with routine exercise, a diet that’s rich in nutrients can lay the foundation for a long, healthy life.

Many people are aware that their bodies need nutrients like protein and carbohydrates every day, but they may not know just what these and other important nutrients do for their bodies.

Proteins

The online medical resource WebMD notes that the body uses protein to build and repair tissues. An important component of every cell in the body, protein provides the body with amino acids that help cells in the body perform various functions. Breastcancer.org notes that proteins help the body create hormones and enzymes and keep the immune system healthy. A diet that’s low in protein may make people more susceptible to illness and result in longer recovery times.

Carbohydrates

The Cleveland Clinic notes that carbohydrates, or “carbs,” are the body’s main source of energy. Carbs are found in most foods, but not all carbs are the same. Foods that contain complex carbohydrates, which include quinoa and oatmeal, are loaded with fiber. It takes awhile for the body to break that fiber down, helping people feel full and stabilizing their blood sugar levels. Simple carbohydrates, which include processed foods such as sugar-sweetened beverages and dairy desserts, are quickly digested, which raises blood sugar levels and contributes to feelings of inflammation.

Water

The body is about 60 percent water, which performs a host of important functions. Water aids in digestion, absorption of nutrients and circulation, and also facilitates the transportation of nutrients through the body. Water also helps the body get rid of waste. WebMD notes that water also helps to energize muscles, which might suffer from fatigue if the body’s fluid balance is not maintained. Water also helps the body maintain a healthy temperature.

People consume protein, carbs and water every day. And while they might not know it, people who continue to do so are helping their bodies perform essential functions that dramatically improve their health.

Lifestyle

International Spirits & Cuisine

Mardi Gras is Next Week!

Mari Gras is French for “Fat Tuesday,” also called Shrove Tuesday.  During Lent, many Christians fast, and the name Fat Tuesday refers to the last day of eating richer foods before the leaner days of Lent begin. This year Mari Gras – most often associated with New Orleans – will be celebrated on Tuesday,  February 25th and it is fast approaching.

New Orleans Mardi Gras 2020

If you can’t make it to the French Quarter to indulge in a hurricane or two this Mardi Gras, fear not. Hurricanes are a relatively simple concoction that amateur mixologists can whip up at home or wherever they’re spending Mardi Gras this year.

According to Liquor.com, hurricanes can be traced to New Orleans tavern owner Pat O’Brien, who dreamt up the boozy concoction in the 1940s. Legend has it that O’Brien needed a way to offload the rum he was forced to purchase from local distributors. The now beloved concoction known as the hurricane, so called because it was initially served in hurricane lamp-shaped glasses, is now available at various establishments throughout the French Quarter. That includes Pat O’Brien’s Bar, which has been open since 1933.

When celebrating Mardi Gras this year, this recipe for Hurricanes, courtesy of Liquor.com, can help you get in the spirit of this festive occasion.

Hurricane

2 ounces white rum

2 ounces dark rum

1 ounce lime juice

1 ounce orange juice

2 ounces passion fruit juice

1/2 ounce simple syrup

1/2 ounce Grenadine

Garnish: 1 orange wheel and

cherry

Add all the ingredients to a shaker and fill with ice. Shake, and strain into a large Hurricane glass filled with fresh ice. Garnish with an orange half-wheel and a cherry.

Lifestyle

Living & Traveling Offshore

Benefits of Using a Travel Agent

Thanks to the bevy of online booking sites just a few keystrokes away, many would-be vacationers have taken to planning their own vacations. But travel agents still provide valuable services that savvy travelers know can make the difference between an ordinary getaway and one travelers remember for the rest of their lives.

As tempted as travelers may be to book their own vacations, the following are a few of the many benefits of working with a travel agent when planning your next getaway.

· Experience: Many travelers want to explore foreign countries or cities they have never visited when going on vacation, and planning such excursions can be a daunting if not intimidating task. Many travel agents specialize in certain countries or regions of the world, and their experience can remove the stress and intimidation from planning an overseas adventure. Even travelers who are not leaving the country can benefit from the services of a travel agent who can share information gleaned from past clients about places to visit and places to avoid within a given city.

· Support: Travelers who book their own trips via online booking sites or other faceless agencies may have no one to look to for help should something go awry on their trip. But travel agents can be a go-to source should something go wrong with a reservation. Travel agents routinely work with hotel chains and touring groups, and they no doubt have already handled every type of problem travelers may encounter on their trips. That sense of support and security can help travelers rest easier should anything go wrong.

· Perks: Booking a trip yourself may seem like a great way to plan the most memorable vacation possible, but travel agents often have access to perks that travelers who go it alone are not privy to. Travel agents may be able to arrange for room or car rental upgrades at no additional cost or get their clients reservations at exclusive restaurants where travelers who go it alone will be shut out of. These perks can turn an ordinary trip into the best vacation of your life.

· Time: Planning your own vacation is a time-consuming process that can seem like a second job. If you want to go that route and still have a memorable vacation, you should expect to spend hours on end looking for the best deals and the must-see places to visit while simultaneously figuring out a plan to get from point A to point B to point C and so on. Travel agents plan such trips for a living and can speak to you about what you want out of a given trip before they spend the time necessary to tailor a getaway to suit your every need.

· Trends: Even if you do all of your own exhaustive research, travel agents will still likely know more about your potential destination than you will. That’s because travel agents are plugged into the industry in ways that few, if any, outside the travel business can ever be plugged in. If you want a truly unique trip that’s unlike any your friends or family members have ever taken, then lean on a travel agent who’s in the know about the latest trendy hotels or luxury offerings at destinations across the globe.

Many people are tempted to plan and book their own vacations without ever consulting a travel agent. But travel agents are an invaluable resource for travelers who hope their next trip proves to be the vacation of a lifetime.

Business Services

Free E-Book!

The Complete Guide to Swiss Trust Company Ownership

Click Here for Your Free Copy