Recent content by Altamone

Sorry, I dont know how to do it - seems I can t send - but yet recieve... If you can t either, the contact person is Istvan Lengyel (mail istvan dot lengyel at starimpex dot biz , written in this form to avoid spamming). You can tell you re recommanded by Francois, from France.(That s me).

I would recommand Starimpex (starimpex.biz). Efficient, professionnal and nice. They offer remote formation by video with their lawyer, so no need to run for notariztion or apostilles. Opened several companies with them (last one two weeks ago) and everything was always perfect. You may ask for...

Fire Financial accepts UK Ltd with non resident directors, although they usually require the director being EEA resident. It is a EMI, but offers a dedicated account number with sort codes.

ICard will offer a BGN account. Revolut has BGN account by default for bulgarian regiistered companies -or bulgarian resident indivifuals, and gives to all others the option to add a secondary BGN account.

I am using Fire for a UK company, with both a Sterling and a EUR account. The EUR account is an IE IBAN, provided by PFS, like in OP's exemple. It works well, not expensive (49 cts / bank transfer) but it is available only for UK and IE companies (owners can be foreigners), and only supports...

I know a lot of people are happy with them, but my experience is rather different. Had a corporate account closed without notice and funds frozen for 3 weeks (even if I got them back to the last single penny) for a reason I still can not figure out today. The account was funded by first party...

That's true. Reason why I mentionned it might be wise under most circumstances to give some substance to the holding, which is not difficult and not expensive to do.

Yes, you deposit money anyway at some point, so it's convenient not having to do it upfront. Further, payment in kind is allowed, so allocation of shares can be enough to meet the standard. Of course, if you leave in a tax free country (which by the way I do, being the happy owner of an...

@AMD : The bank accounts were arranged by 2 local lawyers. I travelled to Budapest to meet the bankers, in both cases a 35/45 minutes meeting, to fill the documents and I walked out the bank with my account number ready and my internet banking access working. I lived in Belgium at that time...

I am using 2 hungarian banks (OTP and Sberbank) and never had any trouble moving money out, even to somewhat uncommon countries.

You could also consider Hungary : no taxation of foreign dividends, no capital gain tax on sales of shares of a subsidiary, no withholding tax for outgoing dividends even for non-treaty countries (as long the recipient is a company) aned even no CFC rules for foreign owned hungarian companies...