Recent content by dvm

Well, I cannot speak about 100 cards, but I routinely travel with 20-30 cards and have never been asked any questions. I keep them in my carry-on backpack all the time. Now I will be scared to travel with this many cards, because of you guys:p

I think you and your friend kinda exaggerate the scale of the problem. Nobody gives 2 fucks about how many cards you are moving through the border, because as long as you keep your money in a bank, the government guys have different leverages on it - way more efficient than catching you with...

Is your primary goal anonymity or not wanting to share with uncle sam? If the former, certain US states do not disclose company owners.

New Mexico is even better - $50 one-time flat fee :)

Why would not he transport cards himself? The 10K restriction is usually about cash, it's not applicable to cards.

It's not tax free. You will have to pay 5% upon withdrawing money from the company as dividends. In theory it is not indeed, but you will have a hard time opening and running a business account in Georgia without substance these days. Moreover, you will have a hard time opening a business...

I believe that's the key in your story.

Exactly. I had the same sentiments about Georgia, because it was too good to be true. The [previous] Georgian governments had all these great initiatives about turning Georgia to an oasis for international business, but incompetence and fears caused by the lack of knowledge of their own laws on...

If your company's activity is not connected with Georgia - do not waste your time on Georgia, you most likely won't be able to open an account there. Moreover, Georgian banks started to close accounts of existing companies without substance these days. They even close accounts of companies from...

Second that. They are even reluctant to open accounts for Georgian companies belonging to foreigners.

What is the account owner verification procedure at this EMI? Also, do you know if they allow receiving incoming transfers in a currency other than USD with automatic conversion to USD in the middle?

Form 5472.

Can you PM me with the same information too? Thanks.

What is a SOLO account?

Is it a personal account?