It's time to get some clarification about the many offshore company formation agents available there when you are googling for it. I have been using my offshore companies for years and don't tons of research and reading. Today it's time to post my findings. To get started slowly, we want to watch this vide.
[video=youtube;jb8a4LvComk]
It's an promotion Video for some oudated and total useless offshore company service provider.
What do you have to look at when you want to find the right Offshore company formation agent!
For real offshore banking I would like you to take a look at the below, it's boring reading but can be important for your future online business!
What is off shore bank?
Off shore bank are those bank where the location of bank outside the residence of depositor country in
low taxation area. Offshore bank are have some unique act which provide best privacy to depositor, this
act is known as greater privacy which was born in 1934 Swiss banking act.
Difference between offshore and onshore bank? Onshore bank ?it is best example by your typical branch of the bank you maintain your checking or savings account. It operates under the rules and re
gulations governing all banking institutions in this country.
Offshore bank-it is a type of bank which lie under low taxation jurisdiction, and rules of these bank is not
govern by the government of country. These bank are located outside of depositor residence.
Type of offshore bank- Private banking institute- these institutions target high-level investors, requiring account opening deposits of around $100,000.
Retail and commercial banks- it is a type of bank which require an initial deposit of $10,000 or less when you want to open an account.
Type of offshore bank account- An International Bank Account-it is a type of account in which an account holder can access his account anywhere anytime in the world via ATM/DEBIT card, onli
ne or via phone call to the bank call center.
Premium or Plain Vanilla-it is a type of bank account which maintain relation between customer and balance to maintain with bank. If it is not maintain then a special type of charge will applied to client.
A Multi-Currency Offshore Bank Account-These are single accounts beneath which an account holder can have multiple strands, each in a different currency Offshore Business Bank Account-in the fast growing world , there ar every thing become online so for the
growth of business according to time, there is an option ?offshore business bank account?. By which client can perform online treading etc.
Private Offshore Bank Account- It is type of accounts which offered exclusively to high net worth individuals or wealthy companies, which receive a personal introduction to an exclusive institution.
How to open offshore bank account- Opening of offshore bank account is same as account opening in your simple bank account.
Basic requirement-simply the basic basic requirement is same simple bank account, they have need of your personal information, date of birth, date of time, occupation
1-which type of account u want
2- what is nature of account
3- which type of currency u want to deposited,
4- in which country u want to open,
5- What is your annual income?
Advantage of opening offshore bank account-
1-there is profit of political and economical juridection.which will provide safe transaction.
2- Offshore bank provide high interest value with low tax paid.
3- it will provide authority to taking high value of loan,
3- Interest is generally paid by offshore banks without tax being deducted. This is an advantage to individuals who do not pay tax on worldwide income.
So far so good.. you know what to look at now when you foudn your agent and offshore banking, we need to put this together now!
Let it be said once for all. IF you are doing business online, you want to approach the various online payment service providers first, ask them if they accept the offshore jurisdiction you plan to incorporate into and if they accept the offshore bank or if they have any troubles with it. Once you have found the right payment provider, and you found out all the legal and tax stuff for the jurisdiction in question, you are ready to proceed and get your company incorporated, start doing business now... take action!!
[video=youtube;jb8a4LvComk]
What do you have to look at when you want to find the right Offshore company formation agent!
- Can he explain to you what jurisdiction is best for your business?
- Are they able to help you with banking for your offshore company?
- How many offshore jurisdictions are they covering, also in regards to banking?
- How many different banks are they working with and can get your account opened with?
- Do they specialized in Online Business or rather old fashion wealth management entities?
- http://www.ocra.com/
- http://laveco.com/
- http://www.cfsformations.com/
- http://www.ibcagent.com/
- http://www.economist.com/node/21552196
For real offshore banking I would like you to take a look at the below, it's boring reading but can be important for your future online business!
What is off shore bank?
Off shore bank are those bank where the location of bank outside the residence of depositor country in
low taxation area. Offshore bank are have some unique act which provide best privacy to depositor, this
act is known as greater privacy which was born in 1934 Swiss banking act.
Difference between offshore and onshore bank? Onshore bank ?it is best example by your typical branch of the bank you maintain your checking or savings account. It operates under the rules and re
gulations governing all banking institutions in this country.
Offshore bank-it is a type of bank which lie under low taxation jurisdiction, and rules of these bank is not
govern by the government of country. These bank are located outside of depositor residence.
Type of offshore bank- Private banking institute- these institutions target high-level investors, requiring account opening deposits of around $100,000.
Retail and commercial banks- it is a type of bank which require an initial deposit of $10,000 or less when you want to open an account.
Type of offshore bank account- An International Bank Account-it is a type of account in which an account holder can access his account anywhere anytime in the world via ATM/DEBIT card, onli
ne or via phone call to the bank call center.
Premium or Plain Vanilla-it is a type of bank account which maintain relation between customer and balance to maintain with bank. If it is not maintain then a special type of charge will applied to client.
A Multi-Currency Offshore Bank Account-These are single accounts beneath which an account holder can have multiple strands, each in a different currency Offshore Business Bank Account-in the fast growing world , there ar every thing become online so for the
growth of business according to time, there is an option ?offshore business bank account?. By which client can perform online treading etc.
Private Offshore Bank Account- It is type of accounts which offered exclusively to high net worth individuals or wealthy companies, which receive a personal introduction to an exclusive institution.
How to open offshore bank account- Opening of offshore bank account is same as account opening in your simple bank account.
Basic requirement-simply the basic basic requirement is same simple bank account, they have need of your personal information, date of birth, date of time, occupation
1-which type of account u want
2- what is nature of account
3- which type of currency u want to deposited,
4- in which country u want to open,
5- What is your annual income?
Advantage of opening offshore bank account-
1-there is profit of political and economical juridection.which will provide safe transaction.
2- Offshore bank provide high interest value with low tax paid.
3- it will provide authority to taking high value of loan,
3- Interest is generally paid by offshore banks without tax being deducted. This is an advantage to individuals who do not pay tax on worldwide income.
So far so good.. you know what to look at now when you foudn your agent and offshore banking, we need to put this together now!
Let it be said once for all. IF you are doing business online, you want to approach the various online payment service providers first, ask them if they accept the offshore jurisdiction you plan to incorporate into and if they accept the offshore bank or if they have any troubles with it. Once you have found the right payment provider, and you found out all the legal and tax stuff for the jurisdiction in question, you are ready to proceed and get your company incorporated, start doing business now... take action!!
