Recent content by ordoseclorum

I am planning to create an LLC/corporation as cheaply as possible, with virtual office/mail forwarding address and all the additional services included, so that this entity can appear as the contact in all the WHOIS information for the domains I currently own. My current domain registrar...

I'm not sure about faster, since all Panamanian structures are like bread and butter to local lawyers and it only costs you about $900 and less than a week to open one locally. Also requires no auditing and bank accounts are easy to open if you're a citizen. Seems that Cyprus lawyers are...

Can a private interest foundation in Panama replace the functions of a holding company in another country that also has territorial taxation, like Cyprus? With 3 operating businesses in Panama (none are offshore, all pay taxes in Panama) and one in the UK, a Cyprus holding company is what I...

Minimum deposits or investments worth $100k in Banistmo, or $5k+ monthly recurring income that will reach the minimum $100k within 3 years.

@Admin Banco General in Panama for corporate and Banistmo for personal private banking. May move everything to Banistmo eventually. Panama banks are all the same, high fees for everything, clunky UI and bug-ridden online banking, and you better have an account manager or known customer service...

I suggest you use a Cyprus-based discount broker. You can find a list of all financial entities registered with the Cysec (Cyprus Securities Exchange Commission) on the Cysec website, and as far as I know most report nothing or very little, and have no capital gains taxes. The one I've had an...

Oh man oh man, the audacity.