Why don't you open a bank account with the operating company? Some US accountants advise owning a Wyoming co with the Belize LLC and opening a bank account with that. Just use the Belize LLC as a shield for you as an owner but pay all with corporate accounts instead of extracting dividends.Thanks for the reply! I only found out about this forum after I registered the company, and this ID was only registered for 1 day.
I have found and read the above posts, collected them and studied them, they are very helpful. I was a little worried after reading it, so I made this post.
But in 2022, I really can't find a second type of offshore company that doesn't have to do accounting and pay taxes. Belize IBCs are no good, there is a 1.5%-3% corporate tax, and only LLCs are exempt.
I'm not making it a shell company, and I'm going to make it a purchasing business, separate from another company that does sales. But now I find it difficult to open a bank account. Look at the post, the Swiss CIM will not work.
My single transaction funds may be around $80,000-300,000, I don't know if EMIs like Bankera are acceptable. Looking at the Belize central bank report, BELIZE BANK is a bigger bank than HERITAGE. I don't know what its situation is. Of course, everyone recommends not to use Belize local banks.
I probably registered at the lowest price in the world, even if I cancel it, it should not be a big loss.