Recent content by Piri Erts

Spin, spin and more spin! Changing subject as you are proven to be a charlatan time and time again. You even parrot what I said and refute your own statement from your prior post. Let me remind you: "They have the bank account relation not the beneficiary." If trust is revocable, then bank...

Once again your ignorance shines through! The trustee NEVER has the banking relationship. How long do you claim to be offering bad advice? Any bank will ALWAYS want to know who the beneficial owner of the company (looks right through trust) is, regardless if it is within a trust or not. The...

Really??? You are going to bring up that a dividend (among other types of taxable portfolio interest/income) paid by an American company is taxable??? Or that dividends for a USA ETF are taxable? Or distributions from most USA ETFs? Wow...a revelation indeed! Of course, better to invest in...

The registration of the company in the state required one to state the reason for registration. I wrote "open bank account with local bank"...24 hours later I had registration certificate. Also, there are no issues with an offshore company investing its assets in USA. That is NOT a business...

Many also have trusts which are domiciled in Delaware. Are they afraid of the big, bad IRS tax man? No they are not because everything they do is in the open and tax compliant. Why do they choose Delaware instead of offshore jurisdiction for their trusts? Why do their companies have USA bank...

You two are hilarious! You seem to confuse having a bank account in USA with having a business in the USA. I do not..no problem. I personally know dozens of HNW individuals who have exact same structure provided by best private banks in world. No issues. Copy the best is what I did. But...

Cost? I told you I'm not in the business to sell anything and don't want anyone's money and will not hold any hands. I listed the steps in first post. Go to USA with all the documents and I hope it works for you. Maybe then you can offer to sell something LEGAL!

"The problem is that you can't get a US bank account unless you fake something or you are a US citizen and some posters here claim to be able to provide US accounts" Speaking about opinions!! You mr "auric" are conflicted, and that is a FACT.

What makes you think I didn't already have an ITIN??? Given that most illegal aliens in USA have one I'd say it is not that difficult. Also, I listed the documents needed in first post...read them again and let everyone know what you think someone may not have AFTER their company is formed...

Coming from the...literally...faceless poster advertising "Ready-Made Seychelles and Belize companies with darks! 100% Anonymity and privacy!" Really, I could not put up a better fake post of my own that perfectly exemplifies my point about conflicted posters. Indeed, now the forum moderator...

I would also add that you make it seem that USA banks don't want the business of non-USA companies. This is completely false for high value company and partially true for small value company. My post addresses the latter for which I presume the majority of readers of this forum would also be...

This is patently FALSE. They open them all day long...especially if you have millions to deposit/invest. What do you think private banks do? What I outlined is how to get US account via "small business banking" in USA that is open to the average Joe, or in this case small offshore company...

Obtaining an ITIN has nothing to do with having a tax liability. It is needed to identify a person who may or may not have a tax liability. Of course a bank/broker wants an ITIN to report any income to IRS and connect individual to a specific ID number. A bank account that pays no interest...

There is nothing odd or strange for an offshore company to have a USA bank account. The problem is that for small corporation, most banks in USA don't have a specific area to cover a "small business" that is offshore. Thus, walk into a branch and they will turn you away because they don't open...

Usually true, but the "annual report" in most states is merely paying a small fee and confirming registered agent/address. There are no financial reports to be filed. Contrast this with USA's new reporting requirements for single member LLC's...basically kills that structure for most non USA...