Recent content by eastern

Seychelles like the Cayman Island is currently blacklisted by the EU, although looking to be reinstated in the white list therefore your bank is bound to obtain TIN and other information for your Seychelles company In order to obtain a TIN, the Seychelles agent is required to keep accounting...

https://www.paxos.com/paxgold/ you can redeem for gold bar as long as you meet min. requirement.

AlSalam Bank could take a long time to setup. best if you get a local agent to assist you with the company incorporation and bank opening. perhaps a better solution is with a Seychelles company you open a bank account in Mauritius which as a stronger banking system.

expensive and need to provide extensive documentation for every transaction over EUR5,000

when you bank in Liechtenstein there is certain costs and that cost is for you to invest 500k with them. mind you the transactions fee there is quite high and compliance obligation is stringent.

when does autonomy or politics have a radical impact on businesses? I would bank at a HK bank any day before considering Singapore / Europe / US where they ask for all kind of business proof for transactions upwards of USD30,000. How can you do business with this kind of condition (and they...

I tried their Hong Kong company and remote bank opening service and they did a decent job but this was a while back. I know they used another service provider there but as long as they can manage the incorporation and bank opening I have no problem with that. They seem to increase their fees...

No, I m saying he probably had information on Liri and i-account because he was working there for a while as a VP. I m also saying it is interesting how his current business is also similar to i-account. Not suggesting he is behind any of these projects and I have no additional information...

I m saying the same guy Samuel is now promoting Aerapass, I have no idea whether he is the owner or what position he has at both companies. But he promoted i-account for a number of years and flew around to different cities and conferences so he might have some insight. Unless Aerapass is the...

I have looked at Liri and i-account back in 2015 but decided to give it a pass. But the VP of Liri at that time Samuel Appadoo said he was based in Shanghai, Seychelles and Hong Kong. I suppose he kept my contact and today I received another email from Samuel but from his new company Aerapass...

Just to be straight I m not trying to sell a service nor will I recommend any providers, this is based on personal experience, so don't get offended because it is something new and not in your scope of service. In fact, I never mentioned zero tax. I said specifically taxes would need to be...

exactly the point, it is case by case basis but at the very minimum on paper it is a tax resident of another jurisdiction. also that person does not have to be Chinese.

in some places such as HK you can pay taxes on income derived from HK and as a tax resident entitled to a tax residency certificate. obviously not full proof and still need to satisfy and report to the Belgium authorities. depending on how far you need to go with convincing the Belgium tax...

The ground is shifting underneath us, this UAE status is "recognised" until they are not. Also you need to declare in the UAE papers that you are not tax resident of another jurisdiction. My bet is that give the current political / economic turmoil this scheme will not last long.

i suppose you need to weigh the risk and reward, in this economic uncertain times personally i would have reservation with Georgia but thats just me. building economic substance do not require a full time employee ;) probably more important to look for someone that can provide reliable service...