Our valued sponsor

Service Providers for substance

mickey

mickey

Member Plus
Feb 25, 2018
85
46
18
37
EUSSR
#1
Register now
You must login or register to view hidden content on this page.
The new substance regulations which all offshore jurisdictions have applied did not washed away the countless offshore company mills. They just continue selling useless companies and that's it.

They are some service providers already, which offer help for building up substance in certain jurisdictions?
 
  • Like
Reactions: mytoofood and fanban
#3
mickey said:
The new substance regulations which all offshore jurisdictions have applied did not washed away the countless offshore company mills. They just continue selling useless companies and that's it.

They are some service providers already, which offer help for building up substance in certain jurisdictions?
Click to expand...
Hi, We offer substance packages in various countries now. Which country would you like to create substance in?
 
  • Like
Reactions: gyorgy, fortunespeculator and fanban
#8
substance packages are bull...... who makes the decision ultimately. The independent mind, who is it, answer that question and it will tell you where the actual management and control is. And 99.999999% of the time it will be the person who set up the corp in first instance..... unless ofcourse you entrust your money to some random stranger
 
  • Like
Reactions: Roamer
#9
Stick to the topic and don't turn it into a political thread!

OffMyBack said:
substance packages are bull...... who makes the decision ultimately.
Click to expand...
The tax office in your country. bulls**t is what you wrote! Sorry to say so. If you can setup company with substance you stand your chances against the tax office. I don't speak about a 500 euro setup why you try to cheap you through the process.

A company with substance requires real staff, someone that pick up the phone, someone that sign any document on behalf of the company, a real office address, utility and what also you can think about when you see a real company in real life.

If you can provide that or buy that, you are 99% home free and can put a big foot into the small tight asses of the tax man.
 
  • Like
Reactions: ITexpert7
#10
ImKing said:
Stick to the topic and don't turn it into a political thread!
Click to expand...
I'm sorry, but I noticed that many Cyprus service providers already posted to this thread.
Nothing against them but Cyprus is risky at the moment, due the main currency (EURO) shows weaknesses outside of Cyprus's control.

Back to topic:
We have some service providers for Cyprus now, check.
Very interesting would be service providers for Caribbean offshore centers like BVI, Cayman Island or Belize.

About 6 months ago, I found a company mill which sold Seychelles IBCs WITH substance. Unfortunately I never found this website again...
 
#12
ImKing said:
Stick to the topic and don't turn it into a political thread!


The tax office in your country. bulls**t is what you wrote! Sorry to say so. If you can setup company with substance you stand your chances against the tax office. I don't speak about a 500 euro setup why you try to cheap you through the process.

A company with substance requires real staff, someone that pick up the phone, someone that sign any document on behalf of the company, a real office address, utility and what also you can think about when you see a real company in real life.

If you can provide that or buy that, you are 99% home free and can put a big foot into the small tight asses of the tax man.
Click to expand...
i get what you are offering and all that, and i agree, however this is relating to a company where the directors are making their own decisions are are responsible for the business they been hired at market rate to do for the shareholder. The shareholder being most likely your client. Now can you truly state that your directors are appointed on a full and independent basis and not as a nominee? And who actually runs the business - who makes the decisions what to buy and sell or do whatever? Are these your directors? then yes - truly, the directors operate independently, and if the director wishes to empty the corporate bank account they could do so as they are the ones managing the company. Now where does this leave the client?

I appreciate that for a silly 50k a year profit, nothing will happen, but lets go for a bigger fish, making 1Million+ a year.

Can you honestly state that the businesses you setup for your clients are 100% compliant as per whatever aggresive tax office might attack? And your directors are happy to be involved and indeed state for the record they make their own decisions? Do you have any contracts with your clients stating your directors will resign if something happens? If so, then they are truly not independently appointed and are working under directions of someone else...

Or indeed as 99.9999999% of the setups are, you have directors who entertain to be directed by the shareholders......

The key word is management and control. The directors manage and control the company. The shareholder merely controls the company. But if the directors are fouind to be "managed" by the shareholder, then the shareholder will be in fact a manager and any authority will look at top level. And authorities like to play the guilty until innocent card, they will just send a big f off tax demand and up to you to sort it out or proof otherwise....
 
  • Like
Reactions: Roamer and GPT
#17
ADROCK123 said:
at the end of the day, why are you doing it? worst case scenario you end up in court vs your government tax collector and maybe you have to prove these things and that you lived there etc
Click to expand...

Maybe the trick is to not let them smell blood then?

They can't tax and audit what they can't see.
 
#19
OffshoreMonero said:
Okay, so you buy an apartment in Belize and pretend you live there. Is that enough?
Click to expand...
Can end badly, as you could see well in the example of Shakira and her "place of residence" in the Bahamas.

OffshoreMonero said:
Maybe the trick is to not let them smell blood then?

They can't tax and audit what they can't see.
Click to expand...
Because it is virtually impossible to avoid traces in the long term.
Whether through credit card statements that betray you or the similar.
 
#20
ADROCK123 said:
sure, but then just keep your money in crypto, you don't need a scheme :p
Click to expand...

Make sure you bill your customers in crypto too. No trail at all. lol

bigdaddyleon said:
Can end badly, as you could see well in the example of Shakira and her "place of residence" in the Bahamas.
Click to expand...

Yeah, I saw. A lot of mistakes were made. She got sloppy.

bigdaddyleon said:
Because it is virtually impossible to avoid traces in the long term.
Whether through credit card statements that betray you or the similar.
Click to expand...

It's not impossible. It is inconvenient.

Look at how illegal aliens live (and keep from getting caught) for clues.
 
Register now
You must login or register to view hidden content on this page.
You must log in or register to reply here.

Forum Announcement

Latest Threads

Offshore Bank Accounts
Top Bottom
Back