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Recent content by Fulton Abraham Sanchez

  1. Fulton Abraham Sanchez

    BVI company formation

    Hi, Finding the right service for BVI company formation can be tricky, and finding a reliable service is crucial. I've had some experience in this area and understand the importance of having a knowledgeable and professional team to guide you through each step. Always happy to share insights or...
  2. Fulton Abraham Sanchez

    How do I open an offshore bank account for a new business?

    For your setup, Cayman or BVI mostly accept clients with companies there. Consider banking options in the Bahamas, could be beneficial for your needs.
  3. Fulton Abraham Sanchez

    Where to start a software/web3 developer office?

    I recommend keeping bitcoin investments separate from your token venture to mitigate risk. Malta is favorable for token launches and crypto exchanges due to its crypto-friendly legislation. Lithuania could also be a viable option for your needs.
  4. Fulton Abraham Sanchez

    Bank Account for UK Ltd

    It's possible to establish an bank account in Antigua without the necessity of travel
  5. Fulton Abraham Sanchez

    Where to Register Your Offshore Company in 2024 for Minimal Tax Without Evasion and Guaranteed Privacy?

    St St Kitts and Nevis is a Great jurisdiction. Only require a few documents such as bank and professional reference. St St Kitts and Nevis is a Great jurisdiction. Only require a few documents such as bank and professional reference.
  6. Fulton Abraham Sanchez

    Where to incorporate company for loan agreement?

    Both locations are suitable (Delaware and Wyoming) . As a single-member LLC, you won't be required to file taxes with the IRS.
  7. Fulton Abraham Sanchez

    Question Best crypto friendly bank for startup with low/medium cashflow?

    There is a bank in the Bahamas that can take you, but it needs introduction.
  8. Fulton Abraham Sanchez

    USA LLC and Cyprus non-dom. What taxes?

    For the LLC US side you will pay no tax but will need to file a report for the IRS for the money paid from the LLC to you.
  9. Fulton Abraham Sanchez

    Question Offshore Bank Account

    There is a bank in the Bahamas that will take you, but needs introduction.
  10. Fulton Abraham Sanchez

    Any advantage of owning USA C-corp by foreign company

    That could work to reduce double taxation but check the requirements from the jurisdiction that holds a tax treaty with US.
  11. Fulton Abraham Sanchez

    How does the 183 day rule work?

    Only if country A has a worldwide income taxation like US.
  12. Fulton Abraham Sanchez

    Question How are US-Based Puerto Rico Banks "Offshore"?

    PR banks do not report FATCA or CRS. If the PR bank owns its ABA, it will be like any bank in US. If you open bank account in USA with a PR bank it will be PR bank account, which is the same as any regular account in US.
  13. Fulton Abraham Sanchez

    how does withholding tax works ?

    The LLC does and transfer it to the IRS.
  14. Fulton Abraham Sanchez

    Delaware LLC tax filing - please advise

    Single members LLC has no obligation to report unless the company distributes money to you or gives you a loan. If that happens you should file 1120 and 5472 forms.
  15. Fulton Abraham Sanchez

    USA LLC for Indian Resident

    If the owner of the LLC is foreign and s/he is not living in the US nor stays longer than 183 days, s/he should not pay income tax. LLC does pay sales tax in the state the company is established for sales in that state.