Recent content by Patrick846

As Martin mentionned, novo.co should open an account for you remotely.

What I have seen with Chase, is that for business accounts, you need to talk to a business banker. Not all branches have those and even if they have one in your branch, you may have talked to a a regular banker who is not approved to open those. So they have to forward all the documentation to...

If you are resident in Florida and you have a US LLC, most bank will open an account. I am surprised Chase refused you. Is your LLC in another State? Is your name not associated with the article of organization or in your operating agreement? Is it a single member or multi member LLC? Are all...

You can create a position for officer in you operating agreement (even in an LLC) like a president. Even in an LLC where the member (or manager for a manager managed LLC) is the one officially with all powers, by creating this position and appointing someone for it, it raises much less level of...

They are legit and provide good service. I am using them myself. But the job of a registered agent is very simple and it is difficult to do wrong. Shop around and take the cheapest one.

If you want to take some risk, you can try to foreign register your IBC in one of the US state (for instance NM that is cheap with no yearly renewal fee), that will give you a local US LLC. Even if the state certificate will show in its comment that it is a foreign entity, most bank won't know...

You don't need a nominee in WY. You don't have to list any member or manager of the LLC when you file. However, someone has to sign the filing and this name will be disclosed. You can use anyone to sign the filing. You can have him sign as authorized agent, and this agent can be someone you...

For privacy they are the same in my opinion. And I would chose NM for the cheaper price and no yearly renewal fee. I have myself a few NM LLCs that have no assets, or are owned by a WY holding LLC to get the WY charging order. For asset protection, WY is way ahead. So if you need privacy and...

They closed my Belize account last year, giving me 15 days to liquidate all my positions. The reason invoked was a change in their market policy.

What bank do you recommend in Belize?

Excellent asset protection against creditor/lawsuit.

If your offshore LLC is disregarded and owned by you or one of your US tax reporting entity, the reporting is not that difficult. You will have to file a 8858, a 8938 and an FBAR. These forms are not difficult to fill out.

Its much less a problem that some people want to make it appears. Apple will just scan checksum of files on Icloud to see if it matches checksum of known pedophile pictures. It a checksum matches, the picture will be flagged and sent to a manual review. If indeed it is an illegal picture, it...

You need to have the LLC owned by the IRA from the beginning as having you the owner first and transferring to the IRA would be a prohibited transaction and would put your whole IRA at risk of disqualification by the IRS. In the same token, you would need all the fee to create this LLC to be...

You have to fight two problems: These jurisdictions are seen as the bottom level of banking reputation, so most banks will not want to work with them to limit their risk. You have a US tie, that mandate FATCA reporting, and many banks don't want to deal with that. So the combination of both...