Re-apply after Rejection

[inector]

I want to try to apply to EMIs like Statrys, Currenxie, etc. with an offshore entity like BVI, Cayman, etc.

If they reject it, can I open up a company in a better place like HK / SG and then re-apply?

Owner is the same, just the entity changes.

 

[Yrybak08]

Why did they reject you initially?

 

[daniels27]

Yes, this is definitely possible. For the Caribbeans, you need to have some white hat business, otherwise chances are much lower. For HK and SG, the market is big, you can apply with anyone, you can take one of the cheaper ones.

 

[inector]

Why did they reject you initially?

Haven't applied yet. It's likely they will reject due to location of the business, not the operations (it's a logistics business)

 

[CyprusLawyer101]

We have a logistics company with a long good and clean history, currently not being used by the client and could be sold. Its a Cyprus company , let me know if there is interest.

 

[JohnnyDoe]

We have a logistics company with a long good and clean history, currently not being used by the client and could be sold. Its a Cyprus company , let me know if there is interest.

Price? Does it come with bank accounts?

 

[CyprusLawyer101]

Price? Does it come with bank accounts?

No bank accounts were closed as currently not operating. Price in private, as it also depends on ongoing requirements.

 

[DeepDrilling]

I want to try to apply to EMIs like Statrys, Currenxie, etc. with an offshore entity like BVI, Cayman, etc.

If they reject it, can I open up a company in a better place like HK / SG and then re-apply?

Owner is the same, just the entity changes.

better you ask which countries they accept before spending money on new registration of companies!

 

[Clearsky Network]

Simply email the EMI you want and ask them which jurisdictions they accept

 

[daniels27]

Simply email the EMI you want and ask them which jurisdictions they accept

They have lists on their websites. It is pretty clear. However they do have some leeway to onboard Caribbean companies and some will do it for white hat companies where they anticipate turnover. You have no way of knowing before you have the company.

 

[Clearsky Network]

They have lists on their websites. It is pretty clear. However they do have some leeway to onboard Caribbean companies and some will do it for white hat companies where they anticipate turnover. You have no way of knowing before you have the company.

what i usually do is send company details for pre-approval.
for example:
company from HK, provides marketing services ubo from EU. Asking them for pre approval and approximate fees. Serious EMIs are responding within 24 hours