Offshore Company, Banking & Cryptocurrency

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...

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...

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...

Check out our latest video discussing the European Union's new directive targeting unexplained wealth. While it may seem straightforward, there's more to it than meets the eye. Join us at OffshoreCorpTalk as we uncover the hidden agenda behind this directive and its potential impact on taxpayers. From targeting criminals to potentially affecting regular individuals, this directive raises concerns about privacy and financial security. Join the discussion as we delve into the implications and share insights on how to protect your assets. Don't wait until it's too late. Stay informed and take action now to safeguard your wealth. Join the conversation on OffshoreCorpTalk for valuable insights and strategies to navigate these evolving...

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...

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...

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...

The online market has seriously evolved in the last years and the dark web has gone even further. To the least experienced users, the dark web consists of websites that search engines do not really index. To the experienced ones, the dark web provides access to a plethora of things you may not be able to find otherwise. From this point of view, darks have also evolved. There is a market out there for forged documents, whether it comes to important passport and ID documents or less significant utility bills and bank statements. Understanding this market will help one make better decisions, whether it comes to registering a company abroad or starting an online wallet. The growth of this market is mostly possible because of the high...

You have probably heard about them and you know they could make you a millionaire or broke – cryptocurrencies represent a hype these days. Despite their popularity, they can be quite confusing and not always crystal clear. Some people claim they can get you broke, but they have no clue what they are or how they work – the classic misconception from those skeptical about new things. Some others claim your wealth could skyrocket overnight, but this is also a myth. A cryptocurrency can make you money if you know what you are doing – pretty much like everything else in the trading history. You go online and try to find some answers to your questions, but most explanations out there are still confusing. All in all, this guide will give you...

Switzerland is one of the leading countries when it comes to incorporating companies. It has an excellent reputation, low taxes and notoriety for its security and high quality standards. It has always been neutral and linked to other countries in terms of economics, which guarantees the fact that you will never be taxed in two different countries. With all these benefits in mind, it is no surprise that more and more businesspeople go offshore and choose Switzerland for their companies. Whether you are after establishing a large company or you have a brilliant idea for a startup, Switzerland is an important player on the European market. Moreover, the government also provides support and economic measures to encourage investors. To...

Released in 2009, Bitcoin brought in a new alternative to flat currencies. People gained a new perspective on what making a payment could mean. Plenty of cryptocurrencies have hit the market since then. People use them to pay for products or services, make transactions all over the world, invest or even buy a takeaway coffee. The high volatility of cryptocurrencies does not make them as attractive as they aim to be though. This is when stablecoins kick in. Stablecoins aim to fix this issue, as they are backed by assets. They provide more security and this is what contributes to their constant growth. Costs are decent, security is high and stability is impressive. Sometimes, they represent real flat currencies, such as pounds or euros...

So, you want to send some money without anyone else knowing, right? It makes no difference why and no one really cares. Perhaps you are trying to buy an engagement ring for the love of your life. You want to hide the transaction from the statement, especially if you have a joint bank account that both of you can access. Maybe you want to buy some upgrades for your car or perhaps some new tools. You do not want your partner to know about it because you know they will always tell you that there are other priorities. How about a game upgrade? How about a console? There are so many things that you may need to hide that you barely know what to buy first. Then, keeping anonymous is not just about hiding payments from close family members...

More and more people turn to the digital nomad lifestyle and for some obvious reasons. Technology has seriously advanced lately, and work can be conducted from any place, anytime. If you have to work from home, you might as well do it from a nice and exotic country. Technologies have advanced, and so did communication and the overall attitude. Throw in the recent coronavirus pandemic, too, and people have already had a taste of what it feels like to work remotely. It can be done, so many companies will implement such concepts in the future. Technology is definitely the main reason wherefore so many people turn to this lifestyle. What do you need, after all? An Internet connection, which you could get anywhere. Perhaps a camera too...

Gold has always been rated as one of the safest investments in the world. It is available in a limited amount and its price keeps going up – much safer than flat currencies that come and go every few decades. On the other hand, these flat currencies have an apparently stronger competitor these days – the digital currency. Whether it comes to Bitcoins or other digital currencies, these digital options are not centralized, meaning taxes and fees are extremely low and they can circulate freely across the world – with a few exceptions, of course. Now, you might ask yourself – should I invest in gold? Should I keep going for Bitcoins? How about mixing them up? You can now buy gold for Bitcoins, but make sure you know what it involves...

EMIs – Electronic Money Institutions – are naturally part of the game when you deal with offshore applications, online work or you simply want to diversify your portfolio a little. There already are a few handy guides regarding the most trustworthy EMIs on the OffshoreCorpTalk forum. If you missed them, here are a few details about what to expect before actually digging into deeper details. A brief introduction regarding EMIs will put you on track and allow you to understand how it works – most people already know that. The point of this article is to identify the potential maximum limits you can have in transactions. To keep it simple, imagine the necessity to transfer $25,000 or maybe $50,000 in one go. Could you do that with an...

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...