Recent content by Alex Durham

If data can leak from Panama obviously there is no guarantee that it won’t leak from Georgia. Do you have any specific case from Georgia of data leak? Because I did not hear anything so far and the structure set up I have at the moment it’s working very well.

I have a payment that must go through banks. Receiving party is not flexible. I’m looking for a bank with the lowest transfer fees if possible.

Guys, which bank has the lowest fee on international transfer? (USA on my mind)

Yes, but they are promoting Georgia as onshore jurisdiction with offshore benefits. This is the sole reason why people bank there. If they join CRS it would affect FDI and banking sector which is strongest compared to all other business sectors.

I don’t think this will happen in next 10 yrs. This is clearly not in the interest of Georgian government.

I have a Belize company that serves as a layer to the UBO chain. Would you suggest me to kill it now or keep it for a month or so just to observe how new legal regime will actually affect current companies.

State fee for corporate registration was same 100 GEL or 200 GEL (per your choice depends how fast you need company to be registered). Lawyer fee could be a bit higher than for LLC. But for a simple structure (one shareholder) can be even same to LLC. To open share registry was free and monthly...

Would you recommend trading platform affiliated with Bank of China?

Trick to avoid publicity of shareholder related information is to create a joint stock company, instead of a limited liability company. In that case private share registrator will keep confidential shareholder related information. It won’t be available at Certificate of Incumbency that is...

Can anyone link me a great tax advisor in HK? Must be well connected with local authorities.

Thank you all for advice. It went smooth with Bank of China. KYC was too much long thou, they asked one month bank statement from my US account. Is it common or since I’m first time client this is why they added this requirement?

I had same issue around 10 months ago and decides to register normal LLC. FIZ zones in Georgia do not work as smooth as they advertise. Georgian Law on FIZ is very ambiguous and does not state whether certain service is allowed to be provided by a FIZ company, there is a risk that Georgian Tax...

Email: [email protected] They are the best!

This app was suggested by my Georgian lawyer. It’s Georgian app that allows you to obtain Georgian number - აიღეთ ქართული ნომერი და ისაუბრეთ მსოფლიოს ნებისმიერი ქვეყნიდან • FLYTEL

Just landed in HK. It’s crazy out there. Stood 7 hours in a traffic :oops:. Which bank would you suggest for quick opening of personal bank account?