Recent content by blabla

Thank you. Singapore bank for Singapore company is not the way to go. Would Singapore easily open bank accounts for HK company? Anc can you recommend an agent for HK account opening? Thanks

You are focusing too much about cost it not the issue here but rather localisation. I am looking for something closer to my Asia base instead of having to flight to UAE (which is an area I try to avoid whenever possible) I am considering HK / Singapore but so far I am not getting some clear...

Cost is not the main issue. But trying to assess what are the options, cost and benefits / challenges for each. Currently using seychelles + bank in Mauritius which is cheap to run and easy for audit etc. But looking for a more viable option for the long term with similar benefits (and that...

For UAE what I have been offered is a visa and accounting opening. The whole thing incl incorporation is $7k for the first year Are similar options (hopefully a bit cheaper) available for Singapore / HK? I don't mind travelling there occasionally, which would be easier and more enjoyable to...

I was more thinking about banking indeed. Thinking about the ideal banking / jurisdiction combo for me. Leaning to banking in Singapore or Hong Kong but how easy to set up a bank account there ? Seems fairly straightforward for UAE

Hi All I am looking to set up an offshore company - considering UAE. However would like to consider Asia as it is closer to my base / timezone and looks cheaper Business is physical food commodity trading with turnover c. US$10million / year Understand Hong Kong is easy to set up but have...

Many thanks for your comprehensive answers. You mention company + bank in Mauritius. Actually a competitor/friend mentions having a similar setup but using Seychelles co + Mauritius bank (ABC). He is satisfied excepted that his bank is annoying for checking all inwards (vs invoices) and outward...

Actually I am a UK citizen, but living mostly in Africa. So access to a top bank for day to day operations (Citi, Chase etc) is likely to be a challenge?

Hi all I have been thinking a bit about the right setup for my company. I run an international trading co, and live in a jurisdiction in Africa where personal income is not really looked into (unlike its corporate tax) Purpose of the setup - be a profit centre and limit corporate tax paid -...

Hi Have just opened an account with TW for my UK LLP. Any concern to have if I start receiving large amounts from my clients typically located in Africa (Mauritius, Madagascar, Tanzania, Rwanda among others).?Talking about USD50-100k inwards. Running an food trading business

Any agent who could recommend?

Ok for Switzerland is there any agent who can help with the account opening for a reasonable fee?

What about the US (NY or Delaware)? I am thinking being onshore can also help with access to some of the banking services.

Hi I am leaning towards opening a Seychelles IBC for my international trading company. - USD 5m-10m revenues per annum - USD500k profit per annum I travel quite a bit between my Europe and African countries (where I spend most of times). I am not considered resident in my European home country...

What is wrong about Seychelles?