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Recent content by Flycatcher

  1. Flycatcher

    Cyprus Account Benefits for US Citizen?

    @Internationaloff Really? I've thought that banks require the UBO, specifically if there are nominee shareholders. Perhaps you use different banks than I do.
  2. Flycatcher

    Offshore bank account for merchant account does it work?

    I shall add that while some offshore banks advertise that they do have their own credit card processors, probably in all cases this option is reserved only for locals. This is at least the case in Antigua, and one bank never told me about the "local" requirement until I asked about it. You need...
  3. Flycatcher

    Nomad Capitalist

    Along with other sites I've read Nomad Capitalist for many months. I've not been convinced by Andrew, the sales seem pushy. I could imagine this to be a case of great marketing but I don't really know if the products are that good.
  4. Flycatcher

    Cyprus Account Benefits for US Citizen?

    This is interesting, mind telling us a bit more? I've also thought that there aren't any banks accepting bearer shares. Unless you @Internationaloff are filthy rich then I'd imagine you'd be granted exemptions.
  5. Flycatcher

    Offshore Company service provider what is important for you?

    @SoFast I think the reason is because they only want to deal with clients who have money or properly established businesses. Offshore agents aren't the only ones thinking this way, but I've always thought this is just a plain stupid way of choosing clients.
  6. Flycatcher

    Collective LLCs to reduce taxes and liability, would this work?

    Imagine you have either two of these problems: You want to establish an offshore company, but you do not have anyone else and thus the central management of the company is done from your country. You'll pay the tax. You want to establish an LLC because of its maximum liability protection, but...
  7. Flycatcher

    SMS verification service, where? for offshore company!

    There are a handful of services where you can buy temporary phone numbers for cheap. SMS included. If you need anonymity, many of these can be bought with cryptocurrencies.
  8. Flycatcher

    Offshore Company service provider what is important for you?

    What is important for me is that the service provider understands that not all doing business with digital services are amateurs. I've had surprisingly many agents deny or even not reply to me because they assumed I'm just one of those "e-book entrepreneurs" trying to make out a quick buck by...
  9. Flycatcher

    What is the best offshore bank for online business?

    Do you already have a steady and a provable income? Not just beer money but in thousands of $. If you have then you'll have a wider selection of banks to consider you, as many unfortunately do not open accounts for starting entrepreneurs.
  10. Flycatcher

    Total setup of offshore company with digital currency account who?

    You have to pay an offshore professional if you want that kind of a package. AFAIK there is no dedicated service who does all of this. Maybe one will pop in the future. Offshore company agents have been operating for several years, far before digitalization became this important in the...
  11. Flycatcher

    How to reduce taxes legally ?

    c) Immigrate to another country with no or at least territorial taxation, such as Monaco, Hong Kong, several Caribbean and Pacific nations. d) Become a permanent traveler and switch countries regularly, making sure that you do not personally become a tax resident in any of those countries. The...
  12. Flycatcher

    What is it like to open a offshore company?

    Read it for 2 months, and see if you have a better sense by then. The offshore business environment is co-m-pl-ex! You cannot have a good sense just with 2 days so you should really spend some time if you want to learn how this world works. A lot of people do not earn that amount... imagine...
  13. Flycatcher

    Info new offshore company

    Consider reading my starter thread for some guidance: Offshore Company + Bank + Merchant Acc. for a startup? Establishing an adult business will be hard. I won't comment on where you get the adult material from. But opening a full combo of an offshore company with bank and merchant is already...
  14. Flycatcher

    Only possible purpose of offshore company is Internet Privacy?

    No taxes Simpler accounting No audit requirements No annual obligations Possibly streamlined process to residency No permits No consumer laws and other laws which generally work into your favor Many are familiar with high-risk businesses like gambling Poorly resourced judicial system means that...
  15. Flycatcher

    bitcoin

    It is safe to assume that yes. I don't know any government who has outsped the cleverness of hackers.