Singapore companies have no problem with most banks. Singapore banks are some of the strongest in the world with low prices and decent service. The down side is that Singapore companies are expensive to form and maintain if you're not a Singapore resident as you need a resident director.
Where one banks doesn't determine tax treatment.
Resident companies are taxable in the United Kingdom on their worldwide profits (subject to an opt-out for non-UK permanent establishments [PEs]), while non-resident companies are subject to UK corporation tax only on the trading profits...
For legitimate businesses where you're not looking for complete privacy the UK is an excellent choice. It's cheap to incorporate and cheap to manage. Many banks will open an account for a UK company. Transferwise works well with a UK company and they're a pleasure to do business with. As far as...
Update: I just attempted to set up a Revolut account as a non EEA member. I used my UK address and was able to get as far as topping up my account. Since I don't hold a passport from an EEA country my only verification choices are a UK driving licence or a UK residence card / UK Visa. I already...
This company appears more and more suspect as each day goes by. After all the SEPA issues, the Leu to Leo, today I receive a loving email from them:
Dear (Fool for a Customer),
Please be informed that LeoPay customer acceptance policy has been changed and your country of residence is no...
I've done many transactions with TW, other than a few small issues they've been great. We're fully verified both personal and business and the most we've got is maybe a question as to the source but the transaction was never slowed down.
Philippine banks are not very modern compared to western banks. You can't just login to online banking to initiate an EFT, SEPA, or SWIFT transfer. In most cases you have to go to the branch where you opened the account, present your passbook, and then sign a bunch of forms. They tend to ask...
If someone is telling you that you can open a bank account remotely in the Philippines I'd bet that it's a scam. Security bank tends to be more strict than other Philippines banks in my opinion. Even in person most banks won't open an account without an ACR (residency card) card. It takes...
Hello to the forum and thanks in advance for your replies!
I've decided to incorporate in BVI with the goal to bank in Singapore or HK. I'd prefer a HK or Singapore company but I'm not comfortable with all the reporting and maintenance expenses in those jurisdictions. BVI seems like a decent...
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