Insurance - Caney, Kansas, United States
The Tribal Domicile is the first viable, domestic alternative to traditional offshore domiciles for reinsurers owned by vehicle dealers, agents, and other specialized producers, such as rent-to-own stores. - Focused on Allied Reinsurance Companies (ARCs)- An Insurance and Reinsurance domicile- The Tribal Domicile ARC is considered a domestic insurance company for U.S. federal income tax purposes- Committed to being an electronic domicile that will operate at business speed not regulatory speed- "All-in" annual fee; no separate fees for individual service requests or special services- Insurance laws and regulations based on U.S. laws and regulations (and in plain language)- Formation and renewal forms are written in plain language and can be completed and submitted electronically- Easy redomestication process- Eliminates the challenge of opening a U.S. investment account as a foreign company- Eliminates the need to contact regulators and administrators in a foreign country- Eliminates the need to file a §953(d) election.
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