Recent content by blabla

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?

Any provider in particular to suggest for set up in Singapore (incl. providing local director) and account opening? Thanks

That would be excessive for us. Would anyone have an opinion for HK vs Singapore for this purpose? (or even Dubai) I think ease of setup, cost of setup and ongoing obligations are criteria I need to take into account

Ok, any idea on the cost level to set up a company there? Also, how are reporting requirements on an on-going basis?

Hi We are an international food trading company and mainly sell in some Sub-Saharan African countries. We currently have a Seychelles company + bank account in Mauritius, but trying to move in a jurisdiction where we can have access to a more readily available financial services For this...

Hi We are about to move our company based in Seychelles to the UK given limited access to finance for IBC. Our activity is trading of commodities (sugar, flour, rice) with our main markets being in Africa. Based on some guidance received here, a good place for doing so would be to form a UK...

Thanks. What about Singapore and Dubai in comparison?