Critique My Lean US - Mauritius Structure (2.1% Effective Tax Rate)

[Marzio]

I'm not aware of any‌ Georgian bank or Kyrgy bank in any tier-1 jurisdiction. Is there any?

 

[alpakiwi]

Not Georgian bank or Kyrgy bank, UK banks or Swiss banks who will open accounts‌ for Georgian entity (and the other entities)

 

[Houdini]

there are lot's around here on‌ OCT - @CyprusLaw @CyprusLawyer101 @CyprusBusiness @James Turner

 

[Marzio]

These days it's hard to open a UK bank account for a UK‌ LTD, i imagine how easy would be to open for a Georgian LLC unless you‍ show up with a lot of £££££££

 

[alpakiwi]

I respectfully disagree. If you⁠ need specific help, depending on your intended usage / how much you will keep on⁤ average, I can make some intros. It's more about who you know at those banks⁣ and whether you are willing to pay slightly more expensive fees than what you would⁢ pay for Revolut, than showing up with a lot of money.

 

[CyprusLawyer101]

Thanks Houdini, I am around if @Leo Vanguard would like to review‍ his stuff

 

[lacomaco]

For a normally working setup Wise and Revolut I think are bad choices. They can︀ suspend (and will!!) suspend the account if their computer says so, and I simply do︁ not think that the structures and activities will no be immediate red flags

 

[daniels27]

Do you think Georgian banks are safer?

 

[lacomaco]

Of course not