Reputable bank for an Incorporated company in BVI?

Admin

Forum Moderator
Staff member
I agree with @mnschwarz lawysers and accountants can be of great help when you plan your business future and structure. On the other side I also understant you @Andrew Gooden when one look into what we are all into then it is most often not a wise decision to involve to many people in what we are doing.

However you turn it, you will need some professional advise from someone you trust.
 

Milky Moon

Offshore Research & Development.
Business Angel
I agree with @mnschwarz lawysers and accountants can be of great help when you plan your business future and structure. On the other side I also understant you @Andrew Gooden when one look into what we are all into then it is most often not a wise decision to involve to many people in what we are doing.

However you turn it, you will need some professional advise from someone you trust.
Lawyer have an obligation to keep their mouths shut. When your lawyer contacts a accountant normally this also applies to them in that process. Besides you select you lawyer based on his/her expertese.

Besides, tax reduction is only one issue they take care off, the other is getting advice in 'minimising UBO disclosure requirements'. The nice thing is that most of it is fully legal, so it makes you sleep very well as well.
 

Andrew Gooden

Building Trust
Entrepreneur
I agree with both Admin and Milky Moon, but the trouble is how much one should tell a lawyer. Why should one open their shirt and bare their chest? Then again some lawyers include accountants are crooks. I guess that one have no choice in the matter. Eh!
 

ARM1

New Member
It looks like HSBC in London England will open an account for our registered BVI company. Before I proceed with the application, can anybody direct me to a tax specialist who can confirm if there are any capital gains to be paid on global investors investments or if it will be a tax neutral environment?

Thank You in advance
 

Martin Everson

Offshore Consultant
Business Angel
It looks like HSBC in London England will open an account for our registered BVI company.
Did your agent tell you this? eek¤%&

Before I proceed with the application, can anybody direct me to a tax specialist who can confirm if there are any capital gains to be paid on global investors investments or if it will be a tax neutral environment?
I would seek opinion from one of the big four in this case.
 

ARM1

New Member
Did your agent tell you this? eek¤%&



I would seek opinion from one of the big four in this case.
My business partner who lives in London England spoke to HSBC directly. I will be doing a follow up myself this week. I am still seeking a reputable tax consultant who is knowable with offshore companies. Thank you for your feedback Martin.
 

Martin Everson

Offshore Consultant
Business Angel
I am still seeking a reputable tax consultant who is knowable with offshore companies. Thank you for your feedback Martin.
You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

 

Andrew Gooden

Building Trust
Entrepreneur
You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

Have you used them before? What the experience like?
 

ARM1

New Member
You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

Thank you very much..... I am going to follow up and share my findings.
 

fshore

Building Trust
Entrepreneur
Banking in the UK will not make the company tax resident there.
However your UK resident partner might..
 

Milky Moon

Offshore Research & Development.
Business Angel
Offshore magic circle - Wikipedia

This would be your prefered list. They do not come cheap but they are the specialist.

You have to realise, an offshore construct is nothing if you cannot bank. So you have to ensure the picture you paint them is clear and your goals are also clear. Tax minimalisiation is something these lawfirms have no problem with. Privacy, UBO shielding also is their daily business.

If you are looking for money laundering, or placing illicit funds into the financial system these are not you helpers.
 

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