Recent content by EliVonC

​Thank you for the replies. Yes, I mean the Archipelago of Madeira (it is an autonomus region though). I posted this question, because lately I have seen it emerging in the "Top 10 places of offshore banking" lists together with Morocco, but not too many reviews on the topic. Basically I have...

What are the requirements to become a nominee Director/Shareholder (provided you offer the service through Reg Agent)? As I understand you must be a citizen of the jurisdiction of the company? Criminal record check? What else? What about onshore nominees, is it even "a thing"? I know offshore...

Oh gosh, another get rich quick scheme... As Admin and buka mentioned, these are almost certainly scams and if you are planning to practice this kind of business model yourself, you will have a hard time finding a bank who will accept such business activity. The main reason is: investing third...

Can I assume you saw these two options in St Vincent and The Grenadines? If you need to incorporate just for offshore banking purposes, the form of the company doesn't really matter. LLC is usually less expensive in terms of incorporation, but has more expensive annual fees than an IBC. For both...

Hi! What are your thoughts on incorporation and opening a bank account in Madeira? From what I understand the taxes are low and process pretty straight forward. What are the benefits and costs compared to Cyprus?