How would you do it?

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Morrad

Active Member
Hi OffshoreCorpTalk,

This is all hypothetical :D.

Imagine there is a company called A and other smaller companies called B, C and D. The company A sends invoices to companies B, C and D once or twice every month. B, C and D pay these invoices and the money will be transferred to company A's business bank account. Now, company A has to withdraw 90% of the money to store it in physical cash.

- What company structure or what kind of company should company A be? (Offshore, Onshore, LLC owned by something else, etc...)

- What should be written on the invoices to not raise suspicion? (Goods, services, etc...)

- What combination of offshore company jurisdiction + offshore business bank account should be used?

- How would you withdraw most of the incoming transfers in physical cash since the banks probably wo't allow this?

I imagine company A should be registered in a 0% tax jurisdiction like Dubai.

Best regards.
 

Martin Everson

Offshore Retiree
Staff member
Mentor Group Gold
Elite Member
- What company structure or what kind of company should company A be? (Offshore, Onshore, LLC owned by something else, etc...)

Does not matter.


- What should be written on the invoices to not raise suspicion? (Goods, services, etc...)

Details of the service or goods being invoiced.

- What combination of offshore company jurisdiction + offshore business bank account should be used?

Any.

- How would you withdraw most of the incoming transfers in physical cash since the banks probably wo't allow this?

Find a bank that does allow it then.
 

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