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AEOI of UBO?

ms20

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Jan 21, 2017
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Hello,

am a european passport holder, residing in Hong Kong.
Will the UBO of a RAK Free Tade Zone/Dubai company be reported?
Based on my understanding of the AEOI, it will not be reported.

If i open another offshore company in Mauritius/Seychelles and get a bank account in these jurisdictions, will the UBO reported?

Do you consider Thailand or Paraguay as mid /long term solution to get a bank account there and do you have experience with opening a bank account of an Mauritius/Seychelles Company in these countries?

What happens, if you start end of 2017 the "nomad life" and have simply no place of residence?
 
Do you consider Thailand or Paraguay as mid /long term solution to get a bank account there and do you have experience with opening a bank account of an Mauritius/Seychelles Company in these countries?
Paraguay can work for you long term, I have been there for 4 year ago, lots corruption.
 
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I've been in Thailand for quite a few years now & I would not recommend it for banking unless you are actually living here. I've tried several banks & they simply don't understand that you might not always be in country. Their answer to everything is 'you can walk in to the branch'. The only exception & bank I currently use for a personal account is Citibank. Their minimum balance for offshore companies is ridiculously high though & therefore not viable for most.
 

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