Turner Little - Company Formation Agents
OffshoreSeychelles
UK Ltd with emi bank account
Offshore Company Formation and Management Services

Banking and business opportunities in Egypt – an underrated, non-crs country.

Set up your Offshore Company in Seychelles
Just: Passport & Identity card, Consumption bill (unauthenticated)
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If you are looking for professional assistance and information about everything that people do not write about.

MiddleEuroAsia

New member
Hi, could you show me where Nevis is black or grey listed please? I can't find anything saying it is.
Also Egypt is on UK & EU Financial sanction lists. Just FYI.
Yeah, it looks likes Nevis is removed from the blacklist now. Thanks for the update!

I mentioned Nevis, because if you are a B2B business, some companies won't work with you because of Nevis reputation as a tax haven, even if Nevis is not currently blacklisted in the EU.

Egypt is not in the UK&EU financial sanctions nor in any blacklist mate, Some Egyptians are.

These people are considered "politically exposed persons" aka "criminals" and no financial institution in the EU and the UK will work with them. you can go and read the actual file. you'll find that these people had their assets frozen because of their crimes in Egypt. That's it.

And financial sanctions on individuals like these exist on every "politically exposed person" or "known criminal" in the world. This has nothing to do with their country of residence.
 

offshoreavatar

New member
Ah sorry mate, I don't want to do this but I wasn't confused with countries vs people/individuals. Egypt is financially sanctioned by both UK & EU:

As for Nevis, yes it was removed from all lists. As far as I can see / research.
Reputation as a tax haven would be all countries anyone would be looking at here. Even Egypt is now a Tax haven. A tax haven isn't a bad thing.

This is 2 seconds of quick Google so I'm sure there are better examples but there are 65 countries here that were on just 1 of those lists! So I think that goes to show how ridiculous the whole thing is:
*Note that this is an old list that is no longer this long.

Albania, Andorra, Anguilla, Antigua and Barbuda, Armenia, Aruba, Bahamas, Bahrain, Barbados, Belize, Bermuda, Bosnia and Herzegovina, Botswana, British Virgin Islands, Cabo Verde, Cayman Islands, Cook Islands, Dominica, Republic of Korea, Curacao, United Arab Emirates, Faroe Islands, Fiji, Granada, Greenland, Guernsey, Hong Kong, Jamaica, Jersey, Jordan, Liechtenstein, Labuan Island, Macao SAR, Qatar, Former Yugoslav Republic of Macedonia, Malaysia, Maldives, Isle of Man, Marshall Islands, Morocco, Mauritius, Mongolia, Montenegro, Nauru, Niue, New Caledonia, Oman, Panama, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, San Marino, Serbia, Seychelles, Switzerland, Swaziland, Taiwan, Thailand, Tunisia, Turkey, Turks and Caicos Islands, Uruguay, Vanuatu, Vietnam
 

MiddleEuroAsia

New member
Ah sorry mate, I don't want to do this but I wasn't confused with countries vs people/individuals. Egypt is financially sanctioned by both UK & EU:
Did you even read the list my man, When you open the UK website that you attached you will receive this message

"Egypt is currently subject to financial sanctions. This document contains a current list of designated persons."

So it's about Egyptian persons who are sanctioned like Mubarak the former president of Egypt and his sons. this has nothing to do with Egypt. These people have their assets frozen. That's it. it's not the whole country that is sanctioned, it's the "politically exposed persons" who are sanctioned. this also goes for the EU "list".

As for Nevis, yes it was removed from all lists. As far as I can see / research.
Reputation as a tax haven would be all countries anyone would be looking at here. Even Egypt is now a Tax haven. A tax haven isn't a bad thing.
Egypt is not a tax haven by any means. There is not a tax haven list that has Egypt name on it.

Albania, Andorra, Anguilla, Antigua and Barbuda, Armenia, Aruba, Bahamas, Bahrain, Barbados, Belize, Bermuda, Bosnia and Herzegovina, Botswana, British Virgin Islands, Cabo Verde, Cayman Islands, Cook Islands, Dominica, Republic of Korea, Curacao, United Arab Emirates, Faroe Islands, Fiji, Granada, Greenland, Guernsey, Hong Kong, Jamaica, Jersey, Jordan, Liechtenstein, Labuan Island, Macao SAR, Qatar, Former Yugoslav Republic of Macedonia, Malaysia, Maldives, Isle of Man, Marshall Islands, Morocco, Mauritius, Mongolia, Montenegro, Nauru, Niue, New Caledonia, Oman, Panama, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, San Marino, Serbia, Seychelles, Switzerland, Swaziland, Taiwan, Thailand, Tunisia, Turkey, Turks and Caicos Islands, Uruguay, Vanuatu, Vietnam
As you see, even in this old list, Egypt name was not on it
 

offshoreavatar

New member
Did you even read the list my man, When you open the UK website that you attached you will receive this message

"Egypt is currently subject to financial sanctions. This document contains a current list of designated persons."

So it's about Egyptian persons who are sanctioned like Mubarak the former president of Egypt and his sons. this has nothing to do with Egypt. These people have their assets frozen. That's it. it's not the whole country that is sanctioned, it's the "politically exposed persons" who are sanctioned. this also goes for the EU "list".


Egypt is not a tax haven by any means. There is not a tax haven list that has Egypt name on it.


As you see, even in this old list, Egypt name was not on it




tax haven

noun

  1. a country or independent area where taxes are levied at a low rate.
 

pesto

Offshore Agent
Entrepreneur
Can you tell or summarize what the cost are to setup a company in Egypt and more important, what are the requirements to get everything setup without getting trouble with the authorities?
 

Helkins

New member
Do you have any recommendations when it comes to agents or introducers who can help establish a free zone business and a bank account in Egypt? Thank you for sharing your intel I believe Egypt could be a spot that's usually very overlooked.
You're correct on many things and points you make in the argument with some users here are true, we're all here because the "stable" western countries keep f... us up either with taxes or unfair prosecutions. In all honesty there is no stable country in the world and each has its own problems, to me each and every country is its own type of organised crime organisation that milks its "citizens", better to operate in a country where the money talks and everybody can be bought instead of having to have some connections going back in decades.

Better to spend 1000$ on a bribe than 100000$ on a lawyer.
 

pesto

Offshore Agent
Entrepreneur
Is ir possible to set up a private bank account remotely?
It's not possible as I see, you want to use an emi for instant on this list

Or you try the hints from this thread for bank account remote opening
 
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