We all know monies ( pilots contributed money from this scheme ) are in Guernsey Channel Islands .
Anyone know why Aircrew Protection International Limited are registered in the British Virgin Islands under ‘private’ directors and shareholders ?
Why the big secret on who the owners directors and shareholders are?
This is the response received from a company search service British Virgin Islands.
‘Please note these ( the identity of the directors and shareholders ) would only be included if the company have selected to make them available at the registry which, as you can see they have not.
Please note the register of directors and shareholders is held at the registered agent of the company in the BVI, access to this would only be available if you were a director or shareholder or if you had permission from the owner of the company.”
Benefits of registering a company in BVI:
All documents and legislation are in the official business language of English.
The incorporation time for a BVI company is short and any future administration simple and cost-efficient.
A BVI company offers a high level of privacy and confidentiality.
There are no requirement to pay capital gains, inheritance taxes or death duties.
No dividends, interest or royalties are required to be paid.
Registered or bearer shares are permitted.
Only one Director and Shareholder are required.
The Directors and Shareholders can be any nationality and are not required to be resident in the BVI.
There is no requirement for an annual meeting to be held. If board meetings are required they can be held anywhere in the world.
Directors can be individual or corporate bodies.
There is no requirement to register initial or ongoing changes in Directors and Shareholders.
There are lenient accounting and auditing requirements.
No foreign exchange controls exist.
Corporate bank accounts can be opened without being present at the bank.
Original source:
Key Benefits of company registration in British Virgin Islands (BVI) | Eltoma
Could this be the real reason behind the vehement defensiveness of this scheme by self serving Superman and Co?
Simple answer call up the manager of the fund in Guernsey and ask for the names of registered director and owners of the fund in the British Virgin Islands
Report update 280118
The date of incorporation /registration date of Aircrew Protection International Limited in BVI was 10/03/2015