Recent content by jryan54

Mercury rejected me recently with a Wyoming LLC and pure vanilla e-commerce operations with a U.S connection (Customers and Suppliers). So I suspect they have tightened up massively recently.

Maybe shoot me a message ;)

Hi guys, I am still around although i've left the industry and am now running operations for a hedge fund. Happy to answer any questions for you. Shoot.

This is a very good reason why Euro Pacific is to be avoided. I don't really think they are a "rea" bank in the sense of having all the normal systems in place.

Man! I've never heard of that happeneing before. i wonder if they are under pressure from someone to do so. Weird!

I'm based in New Zealand so if anyone would like me to do a bit of due dilligence on Breder I would be more than happy to do so. In fact, my office is only a block from theres although i'm guessing it's just a registered office and not an actual business location.

Do yourself a favour and read lots here and get educated before you speak to lawyers and service providers. That way you will hae some base knowledge to work with. Otherwise you can be taken advantage of by unscrupulous offshore agents/suppliers which is not uncommon in the offshore industry...

Hi Emily, nice post! It's going to be interesting to see what sort of businesses they will allow to use their service and what countries. I might have to shoot them a message to see if they are okay with certain jurisdictions. Will report back ;)

I know that my EMI account is only used as a pass through for money...not the final destination for it. So it really depends on hwo you have your structure set up. But yes, you are right...there is certainly more risk using an EMI for offshore banking.

Hey Folks, I wanted to open a discussion about New Zealand company incorporation and the NZ resident director requirement. Over the past few years there have been a bunch of changes in NZ companies and one of the last changes was a requirement to have an NZ Resident director on the company...

Our experience with Hellenic was fairly negative as well. BOC are much easier but im not sure I would put them on the same "ease of use" list as some of the other offshore jurisdictions banks.

Paying taxes and running an investment scheme are two separate and distinct legal issues. One certainly doesn't make the offer acceptable nor legal. In most jurisdictions the Tax office will accept tax liabilities regardless of whether the activity is legal or not. In regards to your investment...

By the sounds of it you may be better off with an EMI provider that has some sort of payment service attached that can charge a credit/debit card for you. Search for the EMI list on this forum and take a look because i'm sure there are some options on it for you.

No of course not....just scans and they are not checked or verified either ;) wink wink

Yeah I provided a passport copy certified by a justice of the peace (JP). However, they didnt seem overly interested in it and it was simply a scan with the ink stamp of a JP....so not very formal at all. I get the impression it was more for them holding on file...and as long as they had...