Recent content by buzzoffshore

Do you know if they accept High Risk business or in general are difficult to open an Merchant Account with? I assume they only accept local companies for the application and processing right?

very simple, I don't get any stupid questions each time I want to withdraw money and, it's easy to manage my daily banking. I have been very pleased with my account with the 2 banks in Cyprus.

Agree BVI is not going to be an option for my next offshore corp.

Yes you're right Alain, I'm fine with my account at Piraeus and their 500k limit, don't withdraw more than this amount in a month ;)

What offshore company formation services are doing Anguilla and Cook Islands companies? Do you have found any reliable service Agent for these jurisdictions? Important for me is the possibility to be able to open a real bank account for the company also offshore and not St. Vicent account that...

Why would you need to do that. If you send them an e-mail or contact them by phone in business hours it should work for you. However, Interesting question, in what case would you need to be able to get in touch with the director (nominee or not) 24 / 7 ? Just wondering since you made the question.

Bad news, that's all I have to say. Beside I need to close my BVI company asap.

Please let us know, would like to know it as well. I had to get my utility bill translated when I applied for a company formation in the seychelles not sure how it is in other ocuntries.

Thank you for sharing puha. It is common that you get spam in your mail box even from companies located in Cyprus :D Anyway. Bulgaria as an offshore jurisdictions can work fine for some businesses specially Internet business since it has the low corporate tax, that said I could imagine that a...

Personally I have had my account with 2 banks in Cyprus since 2010 no issues at all. I still prefer to have my customers to pay me directly to the accounts there rather then St. Vincent!

Does it make sense to file for a company there.. does it solve the problems you face with the card issuer?

You wrote that you can travel to open the account so you can form a HK company and open an account in HK with HSBC! I did that for a year ago, there are annual high costs for filing tax and accounting however for me it's worth it.

No sorry, I gave up on them!

They are stupid and totally retards because when you rent someone your company and they are doing business their name will not appear anywhere nor will they sign anything on behalf of the company not as shareholder not as director, and who do you think will stand by with all the troubles...

Cyprus is a great start when it comes to offshore banking. Once you have been through the process you want to prepare your documents and get another account in some of these so called tax heavens. It's always good to have a second option available.