Recent content by alaintou

Aaah, now I see the picture, thanks! It's the CRS thing that f#^&ed it up. So bank will report an amount, local taxman will ask me what's that money, I'll say it's from a company I own shares from, they'll ask for bookkeeping, that I won't have since not needed from the registered company...

Thanks negon. So if the business is legit (unless using darks or having a huge budget to hide behind a complex structure), there is no point of using Caribbean location to register a company (in 2019) then?

So you mean that even if the country where the corp is registered is not asking for yearly filling/bookkeeping, we'll have to hire big firm to back us up in case we are asked for profit proof in our countries?

Hi all, I'm a new member here, I've learned a lot but I have simple question that my accountant (local) can't answer. From your experiences, if we are having a corp registered in Caribbean, any island where no bookkeeping is needed, and shareholders need to declare worldwide earnings in their...