Offshore Company, Banking & Cryptocurrency

Dubai is a center of economic wealth in the United Arab Emirates. Various corporations choose to build offshore companies there due to their economic stability, stable political power, and lax politics. Dubai also offers a Dubai Economic Free Zone that offers incentives for stakeholders who decide to build businesses there. Definition of Dubai Company Formation The definition of Dubai Company Formation is the creation of an offshore business structure in Dubai. An offshore company refers to a company that operates outside the country of its stakeholder is under the residence. An offshore company operates beyond the national boundaries. That means that the company is under another country’s jurisdiction. With Dubai Company Formation...

British Virgin Island or BVI company formation becomes easier with help from an expert in providing business support services. We have been in this field for several years and have helped those interested in starting a BVI offshore company. This is why you can count on us when it comes to this task. Because we know how important it is in this venture to make a well-informed decision, let us give you the information you need to start things right. Why consider BVI company formation? Forming a British Virgin Islands offshore company, more popularly known as BVI Business Company, comes with advantages, which include: Communication is easier with English as the language; the US dollar is the currency. Another tax haven, BVI frees...

Belize is a favorite offshore company haven. The reason being is that Belize made their country’s laws friendly for foreign businesses. It also has stable politics and economy, protecting offshore companies from unexpected liabilities. Here is a breakdown of the Belize Company Formation. What is Belize Company Formation? Belize Company Formation is the creation of an offshore business in Belize. Belize is a business capital. The business environment in Belize allows an offshore company to establish itself as a legal entity. There is no restriction for company formations there, for both local and foreign stakeholders. The only difference is that of a non-resident owner having to gain the approval of a bank. Why Choose Belize? Belize...

UAE Company Registration is a great choice when you want to set-up an offshore company in the Middle East. The United Arab Emirates, particularly Dubai, offers the Dubai Free Zone Registration. It is a business capital, and setting up a company there can bring you benefits. Here is a breakdown of the UAE Company Registration, the registration process and its benefits. Definition of UAE Company Registration UAE Company Registration refers to the registration of a company. The said company has to get through the preliminary approvals. Under the Licensing Section of the Dubai Department of Economic Development (DED), the company will create an inventory, trade name and various ownership identities. The company must meet...

An Electronic Money Institution is often confused with a bank. This article will discuss what an Electronic Money Institution is, its difference from a bank, and how it generally works. What is an Electronic Money Institution? An Electronic Money Institution is an establishment that supplies a financial product, which in this case, is electronic money. It is a financial institution licensed and authorized to issue electronic money. EMI only stores electronic money via a device. What is E-Money? Electronic money is defined as the monetary value stored in a technical device. This money stored and read by devices is used to pay for services and products. The device serves as the instrument. There is no need for the involvement of a...

On a proportional rate to its economy, the banking system in Cyprus is impressive. It is large and widely diversified – even larger than the banking systems in bigger and more developed countries. In 2010, the total assets of the banking system were almost 900% of the GDP. Other countries in the European Union ranged around 350%. The idea behind this system is fairly simple to understand. There are many domestically run banks out there with numerous overseas applications that count as part of Cyprus. But then, even without these banks, the banking system is still too large for this tiny country and can easily exceed 700% of its GDP (Gross Domestic Product). But despite these numbers, Cyprus is not the leading country in this segment...

Why all people should consider total Internet privacy when they are doing online! Everything you do on the Internet will stay there in be traceable. The Internet will never forget, vanish or delete your information, your personal history ot what else you left there that can be traced back to you. While an offshore bank account for most of us is a way to safeguard our money, for plenty of people it is also a way to have a secret stash of it somewhere. Maybe the political climate in your country is volatile and you don’t want to lose it all overnight or maybe you are just afraid that your family members will squander all the wealth you have so painstakingly amassed. Needless to say, privacy is a very important concern for a vast...

Are you thinking of starting an offshore company in Seychelles? That would be easy. Primarily, you are not required to be a resident or to even visit to be able to open a Seychelles offshore company. All you need is a fully-detailed Seychelles company formation so you begin on the right track. Trust us to assist you with the International Business Company or IBC business setup as we have the appropriate skills and experience to get the job done. But first, our goal is to help you make a well-informed decision. Let us share with you some background information. Why set up a Seychelles offshore company? Primarily, you need to know the benefits or advantages of starting a Seychelles IBC. Here are the 5 strong points: Your company will...

is not very known by the public, but can have a huge impact if you are doing business with China, India Russia and the most of the Baltic countries, regardless if you are selling or buying to those countries the profit impact a Seychelles CSL Company can have is enormous. Actually it is very easy and fast to incorporate a Seychelles CSL Company, what one will need is not only the CSL but also to have a intermediate holding company situated within the EU, Cyprus is used to be the place of incorporation for such an intermediate holding company because of the double taxation agreement Cyprus has with the Seychelles and the normally low corporate tax of only 10%, in this case mentioned where the Cyprus company will act as intermediate for...

Seychelles CSL company is not very known by the public, but can have a huge impact if you are doing business with China, India Russia and the most of the Baltic countries, regardless if you are selling or buying to those countries the profit impact a Seychelles CSL Company can have is enormous. Actually it is very easy and fast to incorporate a Seychelles CSL Company, what one will need is not only the CSL but also to have a intermediate holding company situated within the EU, Cyprus is used to be the place of incorporation for such an intermediate holding company because of the double taxation agreement Cyprus has with the Seychelles and the normally low corporate tax of only 10%, in this case mentioned where the Cyprus company will...

Seychelles International Trusts are attractive alternatives to international trusts set up in other offshore jurisdictions. Seychelles International Trusts are regulated by Seychelles International Trusts Act, 1994. KEY FEATURES • An International Trust must have a licensed by SIBA Seychelles resident Trustee. Non-resident co-Trustee as well as a Protector may also be appointed; • Settlor can be Beneficiary, but not a sole beneficiary; • Settlor cannot at any time during the duration of the International trust be a resident of Seychelles; • An International Trust can own property worldwide, but not in Seychelles.; • Duration of an International Trust is up to 100 years unless terminated earlier; • An International Trust...

What do you do when the banking system in your native country is flawed? Or when the financial institutions in your home land cannot give you certain guarantees about the future of your money? Or if the government agencies in place are corrupt unstable organizations ready to go on a witch hunt at a whim? In all of such cases the answer to the problem lies with an offshore banking business. What is an offshore bank? An offshore bank is simply a bank that is focused towards accepting deposits only from foreign individuals and businesses. A good example of this is the countless banks in Bahamas, Belize, Panama, Cayman Islands, Mauritius and Switzerland that offer a great many financial advantages to the people and entities that...

When a person says that they have an offshore banking account or are doing their banking in an offshore jurisdiction they are merely referring to the financial dealings that they have with an offshore banking unit. As the name suggests an offshore banking unit is off the shore or not in the native country of your residence. In other words it is simply a branch of a foreign bank that is located in another country. Such places are often also referred to as an offshore financial center. For example it could be an American bank that has a branch in Cayman Islands or a British Bank with a branch in Switzerland. How does an offshore banking unit operate? First off all lets get it out of the way that an offshore banking unit is a...

Offshore banking- you must have heard of this phrase some time or another or pretty recently if you have been paying attention to the Panama Papers leak. The news is out, what the masses suspected for many years has all been laid out in the open and it is there for all of us to see. While most people are happy reading the gossip about the leaked papers, the more finance centric ones amongst us wonder yet again about offshore banking and why almost every celebrity or a rich successful person has offshore banking accounts. What is it about them that is so lucrative to these rich and famous people? The short answer is, a whole lot. For the long answer keep reading. What is offshore banking? If you ask ten different people or even...

In the last couple of decades or so, Bahamas has without a doubt emerged as one of the most favorable offshore banking destination for the rich and the successful, especially for those that are based out of the US. Why is it so then? Why do so many people now prefer Bahamas to traditional destinations like Switzerland, Cayman Islands or Panama? There are a number of reasons why. Easy access Even the official website of the country proudly claims that there is no better place for your financial investments and only once you deal with banking institutions in the islands, do you realize how true that is. For those people who are unaware about how to go about creating an offshore account, their Prime Minister’s office has even created...

It is a proven fact that US citizens on the whole have a lot less money in offshore bank accounts as compared to citizens of many other countries in the world. For American corporation that are multinational, it is still rather easy to a bunch of offshore banking options, but for an individual it is still an uphill task, owing mostly to the tight grip of big brother IRS and the strict regulation that they have put in place and the implementation of the new Foreign Account Tax Compliance Act is just going to make things worse. Even foreign banks are forced to sing to IRS’ tunes with virtually every bank on the planet being forced to sign some fort of an information sharing agreement with the government agency. Failing to do so often...