DLS Dubai - Company Formation & Bank Account
Turner Little - Company Formation Agents
UK Ltd with emi bank account
Offshore Bank Accounts

Where to setup company for best privacy in 2020 ?

Best offshore country / jurisdiction for company formation?


  • Total voters
    36
Bank Accounts, Company Formations, Tax Planning, Residency Solutions, and more
CALL US ON +971 50 4467827 - TO SETUP YOUR NON-CRS COMPANY STRUCTURE IN DUBAI.

TRX

Corporate Services
Mentor Group Gold
Elite Member
I hope some of you guys can help to vote for the country / offshore jurisdiction you think provide the best privacy and anonymity for people in 2020!

You want to post why you think the jurisdiction you vote for is the best.

Also no that a offshore company without bank account is worthless so consider options to open an EMI or bank account for the company you vote for and you may include details in the post you make.
 

Sols

Staff member
Mentor Group Gold
Best for what? For who? Living where? Under what circumstances? Turning over how much money?

For purely privacy, it's probably Wyoming, Delaware, or New Mexico LLC.
 

lavel

Offshore Agent
Mentor Group Gold
in the past we could just setyp Seychelles company + Cyprus bank account one destination fits for 99% of the audience on offshorecorptalk.com

with this we had total privacy regardless where we lived and no reporting regardless where we were citizens.

Is that what you try to get answers to here @<<snippet>> ? If so, Wyoming LLC looks to be the answer with TW account.
 

Marc Jacob

New member
Best for what? For who? Living where? Under what circumstances? Turning over how much money?

For purely privacy, it's probably Wyoming, Delaware, or New Mexico LLC.

+1, for what kind of business ? and... for operating companies, for passive incomes, for holding... This question stated this way looks a bit childish, isn't ?
 

neweraoffshore

IT Nerd Offshore Guy
Mentor Group Gold
I would say complete USA is the best to go in 2020. All jurisdictions like Florida, Wyoming, Delaware and even not so popular states like California, Alaska, Washington etc. have their pros and cons. It always depends a little on what you want to do. Of course Florida, Wyoming and Delaware are the most popular and mostly fit 99% of standard needs.
 

blizz

Mentor Group Gold
for sure wyoming llc wouldn't consider anything else.
 

Mercer

New member
Marshall Islands (bearer shares). And you can increase the anonymity level through a 'proxy' in the middle to purchase the shelf, handing over to you the shares along with a full power of attorney.
 

erni

Mentor Group Gold
why would you use bearer shares while the bank will request to have these in custody? most banks will anyway refuse to accept a bearer shares company!
 

Mercer

New member
Marshall Island is a jurisdiction. You can choose any banks you consider are appropriate for your operations.

For instance, you can look for <Luxembourg, Monaco, UAE, Singapore banks>.

You should avoid Hong Kong because it belongs to China (they haven't heard of democracy, rights, privacy...), in all its entirety, meaning a degree of surveillance US x 2.

Hong Kong was indeed before being 're-acquired' by China, the next best thing after Swiss.
Now, its just China.
 

zzzzzz

New member
Why is everybody so excited about USA? Every LLC with foreign owner has to file Form 5472 and Form 1120. Are you OK with sending this data to IRS?
 

Sols

Staff member
Mentor Group Gold
Why is everybody so excited about USA? Every LLC with foreign owner has to file Form 5472 and Form 1120. Are you OK with sending this data to IRS?
Maybe you know of other reputable jurisdictions with zero tax and low costs that don't require UBO disclosure?
 

Cetme308win

Entrepreneur
Marshall Island is a jurisdiction. You can choose any banks you consider are appropriate for your operations.

For instance, you can look for <Luxembourg, Monaco, UAE, Singapore banks>.

You should avoid Hong Kong because it belongs to China (they haven't heard of democracy, rights, privacy...), in all its entirety, meaning a degree of surveillance US x 2.

Hong Kong was indeed before being 're-acquired' by China, the next best thing after Swiss.
Now, its just China.
actually I dont know of any bank that would accept Marshall Islands IBCs....even for EPB is a big no lol
 
DLS Dubai Company Formation and banking solution
Offshore Bank Accounts
Offshore Bank Accounts
DLS Dubai Company Formation and banking solution
Top