| Offshore Corporation in Spain
  
                          BackgroundSpain is located in the southwest of France in 
                            Southwestern Europe. Spain is bordered by the North 
                            Atlantic Ocean, Mediterranean Sea, Bay of Biscay and 
                            Pyrenees Mountains. Spain is approximately twice the 
                            size of Oregon. The weather is temperate and cool 
                            around the coast of spain. Castilian Spanish is the 
                            official language of Spain. The government type is 
                            a parliamentary monarchy. The capital of Spain is 
                            Madrid. Spain is part of the European Monetary Union 
                            and the currency is the euro.
 
                           
                            | Country 
                                Name: Spain |   
                            |  |   
                            |  
                                  
                                    
                                       
                                        | Benefits 
                                            Included in Your Package | USD |   
                                        | Incorporation 
                                            Fee -Matters relating to the incorporation 
                                            of the company.
 |  
                                            $1100 |   
                                        | Post 
                                            Incorporation Structure Fee -Matters relating to the initial structuring 
                                            of the company in accordance with 
                                            client requirements.
 |  
                                            $200 |   
                                        | Disbursements 
                                            -Courier charges and out-of-pocket 
                                            expenses.
 |  
                                            $200 |   
                                        | Annual 
                                            Statutory Fee -Including the provision of a registered 
                                            office in the jurisdiction of incorporation, 
                                            filing statutory returns and, if required, 
                                            registered agent facilities. Liaison 
                                            with the registered office and the 
                                            registered agent in the jurisdiction 
                                            of incorporation, attending to the 
                                            payment of licence and other government 
                                            fees.
 |  
                                            $975 |   
                                        | Annual 
                                            Compliance Fee -Attending to routine compliance matters 
                                            (inclusive of periodic file reviews), 
                                            reviewing correspondence received 
                                            (including bank statements) and other 
                                            routine matters incidental to good 
                                            corporate governance.
 |  
                                            $225 |   
                                        | Government 
                                            Licence Fee 
                                         |  
                                            $1050 |   
                                        | Government 
                                            Return Fee 
                                         |  
                                            $225 |   
                                        | Total 
                                          : | $3975 |  |  
 
  
                            |  
                                
                                  
                                  
 
                                     
                                      | Additional 
                                          Services. | USD |   
                                      | Bank 
                                          Accounts and Corporate Credit CardsCompanies Incorporated is able to assist 
                                          its corporate clients establish bank 
                                          accounts and obtain corporate credit 
                                          cards from highly regarded banks in 
                                          a wide variety of international banking 
                                          centres. We also assist our clients 
                                          establish personal accounts.
 |  
                                          $550 |   
                                      | Minimum 
                                          Annual Responsibility Fee - Nominee 
                                          Shareholders, Company Secretary and 
                                          Directors
 Companies Incorporated is able to provide 
                                          nominee shareholders, a company secretary 
                                          and professional directors. Clients 
                                          seeking Companies Incorporated to arrange 
                                          for the provision of directors to their 
                                          companies should note that any directors 
                                          that Companies Incorporated may appoint 
                                          will act responsibly and with due regard 
                                          to their legal obligations.
 |  
                                          $1125 |   
                                      | Accounting 
                                          Fee -
 Spanish companies must prepare accounts. 
                                          If clients arrange for Companies Incorporated 
                                          to prepare accounts, the minimum annual 
                                          charge is:
 
 |  
                                          $675 |  |  |