THE BAHAMAS

First and foremost, in considering the Bahamas as an attractive global financial services center and business friendly jurisdiction, is the fact that it has no personal or corporate income taxes, no capital gains taxes, no dividend taxes, and no estate taxes. This favorable taxation profile has been a key reason for The Bahamas becoming a globally recognized financial center, aptly describe by The Bahamas Financial Services Board.

"Long-established as one of the foremost international financial centers and a key operational base for many of the world's most recognized and respected banking and financial organizations, The Bahamas has preserved its crucial tax neutrality advantage in the new financial architecture that has emerged in the country. In the process, it has become an even more attractive jurisdiction in which to do business.

The Bahamas has been providing banking and trust services to the international financial community since the 1930's. Today, with more than 6000+ professionals covering every aspect of financial services, The Bahamas is one of the most developed financial centers in the world, with products and services covering banking, private banking and trust services, mutual fund administration, capital markets, investment advisory services, accounting and legal services, e-commerce, insurance and corporate and shipping registry.

According to the Central Bank of The Bahamas, almost 300 banks and trust companies are licensed to operate in The Bahamas, with most maintaining a physical presence. The numbers of subsidiaries of OECD nation institutions total more than 120, with a combined asset base exceeding $200 billion. Nearly 35 of the top 100 global banks operate in The Bahamas, originating from 24 countries.

An independent nation since 1973 and one of the oldest and most vibrant democracies in the Western Hemisphere, the Commonwealth of The Bahamas is a member of the Commonwealth of Nations, the United Nations and has observer status to the World Trade Organization."

In addition to its tax-free profile, The Bahamas' laws are modern and innovative, and it boasts leading-edge fiber optic telecommunications that facilitate the needs of a modern financial center in the new digital age. The principals of trust and confidentiality in financial services are held sacred in this country that has benefited by a stable parliamentary system for more than 250 years. At Buzz Broker, the utmost in confidentiality regarding client relationships and financial dealings is routine.