Offshore Company, Banking & Cryptocurrency

No name association, no ID required and no passport, but 100% legal – this is what you want from a fully anonymous credit card. You want to be able to use it anytime, anywhere, but you do not want to be traced. Sure, this is not really a necessity when you take your family on holiday, but there are many circumstances (especially business related) when full anonymity is certainly a plus – unfortunately, many of today's credit cards do not offer it, but you do have a few ways around. Worrying about private information is not about exaggeration. More and more people are concerned about it, especially in the age of technology. You have to be a bit extreme and maybe a little paranoid to protect yourself against all kinds of frauds. Using...

Most commonly, it makes sense to incorporate a business in your own state, whether you register a small business, a medium enterprise, or even a large LLC. Most people choose this option because they are familiar with the laws and, well, it is more convenient. However, there are also people who choose to go a long way and get out of the comfort zone. Sometimes, it is worth traveling and becoming familiar with a new state, especially if this effort brings in a plethora of advantages. A Wyoming company is one of the hottest topics in the entrepreneurship industry these days. You do not necessarily have to reside in Wyoming to start a company there, so more and more business people choose this state for incorporation. At this point, you...

Go down the road and ask someone about offshore banking or wealth management – their minds will inevitably go to Switzerland. Whether it comes to movies, scandals or just plain facts, there are no doubts about it – Switzerland is seen as the international banking capital out there. Some of the world's best rated banks are based in Switzerland, while the plethora of advantages will most likely attract even more people in the future. However, things have obviously changed over the past decade and there are more reasons behind these updates. The way people bank has also changed, which has inevitably affected the banking system. Then, those interested in offshore banking have also contributed to these changes, not to mention government...

Planning to start an LLC (Limited Liability Company) in the USA? You better get ready to deal with one of the most bureaucratic systems in the world. At first, it’s perfectly normal to feel overwhelmed with the wide variety of forms and requirements in terms of paperwork, but once you get used to it, it becomes a breeze. There are certain documents you need to learn about to ensure you meet all the regulations. While the list may vary based on the type of business or industry, here are the most common forms and what each of them requires. Understanding Articles of Organization This is the first form you’ll have to pay attention to. The form will basically create your LLC and register it with the Secretary of State. Obviously, before...

No matter how stable and civilized today’s society seems to be, the truth is unrest is just round the corner. Nationalism is growing, as well as the popularity of communism in certain parts of the world. Diversifying assets is a must in such unstable times. Fiat currency helps in the short run, but never in the long run – after all, most currencies are set to fail at some point or another – based on history, of course. With these thoughts in mind, diversification is often the key to more successful backup plans. The idea is to diversify your wealth, so you can live comfortably even if unexpected situations arise. While there are lots of options out there, two of them stand out in the crowd. Digital coins represent a modern...

Businesses and industries considered high risk are exposed to a series of problems. Even if your business is doing alright and you have a good plan for its growth, chances are you will still face lots of difficulties in the wrong run. Most importantly, in the early stages of your business, you will struggle finding a good payment platform, loan, credit card processor or merchant to help with your finances. Chances are you will end up with high rates, as well as other unpleasant terms. Generally speaking, there are two factors that can determine whether or not a business can be deemed as high risk. First, the business operated in a high risk industry. Second, the business has a decent risk of financial failure. One of these conditions...

Hong Kong is known for its rich and exotic Chinese culture, countless majestic tourist spots such as Hong Kong Disneyland, Tian Tan Buddha, and a whole lot more. Another factor that gives Hong Kong the flare for having numerous visitors coming back and forth in the country is its thriving economy, due to the abundance of businesses growing in the country. One can surely agree that Hong Kong's successful economic status is due to its currency's flowing cycle. If you're one of those individuals who have plans on residing in the said country sometime in the future, one way to quickly adapt to the new lifestyle would be to apply for a Hong Kong bank account. Wealth is one of the most valuable possessions an individual should always pay...

Mauritius, the island nation that is located in the Indian Ocean, has fast emerged as a hot spot of financial activities with numerous individuals and companies, especially those who function out of surrounding countries, choosing it to open offshore bank accounts in. This is truly remarkable for a country that became a republic only in 1992 and now is a part of the Commonwealth. The reason for this rapid growth has been the government’s insistence on a strong focus on foreign investment and as a result, today Mauritius boasts of more than 10,000 offshore companies registered there. The banking sector itself has generated more than a billion dollars so far with a major contributor being foreign investors. As with most other...

Honk Kong bank of Canada, which is now known as the HSBC Bank Canada, is one of the biggest banking institutions in the world, with presence in 85 different countries and 7200 offices in Asia, Europe, Middle East, Africa and the Americas. The bank, which was founded by a Scot for operations in the coastal areas of Hong Kong and China, is now a global leader in all matters of finance and banking, providing an impressive range of financial services to institutions, individuals as well as businesses. At current estimates, HSBC is serving more than 85 million individual customers and about 3.6 million commercial customers. As of 2012 the total assets of the bank were valued at over $2,500 billion. Honk Kong Bank of Canada The Hong...

Hong Kong is a part of the People’s Republic of China. However, it operates differently from the mainland. As such, the region’s jurisdiction rules in an independent manner. Hong Kong is a popular offshore company establishing-ground for various reasons. The Definition of Hong Kong Company Formation Hong Kong Company Formation pertains to the creation of an offshore company based in Hong Kong. The offshore company will have a non-residential status in Hong Kong. The rationale of an offshore company works this way. A company conducts its business in country A. Then, the owners set up an offshore company in Hong Kong. The offshore company will follow the jurisdictions and bylaws of Hong Kong, as well as operate within its legal...

You just need to take a decision for incorporating a Hong Kong company and make choice of the name and you can them easily apply for the incorporation with Companies Registry Hong Kong. You can simplify the process of Hong Kong Company by giving a simultaneous application for the company incorporation for registration. How to apply for Hong Kong Company You have to make the delivery of all documents online at e-Registry with the required fees. You need to submit incorporation form, cope of the articles of association of the company and a notice to registration office of the business. Fees for Hong Kong Company Registration If you want to incorporate a limited company by shares then you need to pay the following fees for various...

In an attempt to fight organized crime and boost the tax income for governments, the Spanish presidency of the European Union and the local parliament have reached a new agreement regarding asset confiscation. The new directive covers all the countries in the EU and it’s likely to affect countries that are hoping to join anytime soon, such as Moldova or Ukraine. This new law brings in some minimum requirements in terms of tracing and identifying criminal property. The so-called unexplained wealth is often associated with criminal activities, even if the aspect could only involve income that hasn’t been taxed. In other words, the money can come from legal activities, but dodging taxes means it’s illegal. According to Felix Bolanos...

Breaking down how offshore bank accounts actually work More and more people are getting interested in the idea of leveraging offshore banks and offshore bank accounts these days, and it’s easy to see why. After all, following the economic collapse of the mid-2000s that the global community is still trying to dig out of almost 10 years later things aren’t exactly sunshine and roses when it comes to the financial stability of traditional banking options. Combine that with horror stories on the news about governments (including the United States) seizing assets from her citizens and then charging the assets with crimes so that they can take money without any recourse – and that’s just the tip of the iceberg – and you’ll begin to see...

Gold has an impressive history, as well as a high value that has never gone down. It is part of the culture, and despite being popular today, it is not just a trend. Gold has always been an important asset, whether you count ancient Chinese, Greeks, or Egyptians. These days, gold is appreciated for its beauty in jewelry, but also for its value – one of the most useful investments out there. There are more reasons wherefore people buy it – one of the most sought-after metals, no doubt. But then, learning how to buy gold could be a bit tricky. The price of gold keeps fluctuating – just like any other asset out there. It is used for jewelry, investment guarantees, and even the manufacturing industry. The past century saw an even greater...

A Deadly Mistake Uncovered on How to Get a Power of Attorney and How to Avoid It There are various kinds of Power of Attorney used in the States. In the instance of the overall power of attorney, the agent does not have any restraints whatsoever. The individual or organization was chosen, should be an individual or organization which will not abuse the power that's been given to them. Examples of the trigger include as soon as the principal reaches a specific age, a specific calendar date, or when a doctor certifies the principal is now incapacitated. A health power of attorney is comparable as it appoints someone to make decisions regarding your health care. To begin with, don't pick the attorney only because she or he charges the...

Incorporating in the USA seems like a bad idea at a first glance. Most entrepreneurs would rather focus on low tax jurisdictions – in fact, if you play your cards right, you might be able to avoid tax at all, without even breaking the law. However, the USA does have some advantages and some states in particular stand out. This is because while the whole country falls under some general laws, each state has the right to come up with its own regulations. Delaware is one of these states. More and more corporations choose Delaware and for some good reason. But then, just like any other state, it has both advantages and disadvantages. Here is everything you need to know about incorporating a Delaware company. Benefits of incorporating...