Advice to choose EU Bank friendly offshore jurisdiction with strong asset protection

[CROKG]

Hello Forum,

i joined your wonderful forum and upgraded to mentor group in the search for a legit agent or helpful advice to choose a functional setup for my needs. I'm looking for advice where to incorporate an Offshore company with good functional Bank acc where European Banks don't make problems to wire funds there.

The biggest requirement is maximum asset protection so that funds that the offshore company is holding at a Bank account are safe and not easy block-able for any reason from outside the offshore location.

The setup is not tax related and should not be within the EU nor in countreies that have to comply to EU regulations under all circumstances. All taxes will be paid by the beneficiaries according to there residence laws. So tax reporting is not an issue!

The bank account for the offshore company should be easy to open remotely. European Banks from our costumers shouldn't make problems to wire funds to our Bank acc and dont ask for much documentations or proof for little amounts from 10 to 30k. Monthly turnover between 200 to 300k

I thought about an offshore incorporation in a location which is not blacklisted this company should open for example an TW acc or a better suitabel at a reputable bank such as Barclays to receive wire transfers form EU costumers.

From here on funds should be transferred form TW to an safe not easy touchable location or offshore bank which could also be opened without personal attendance. In my mind was UK ltd with Isle of Man acc but i have no experience how this could take place remotely or an HK setup over neat.

But im sure that some of the Members here could give me better guidance to choose an setup.

Requirements
= Fast setup incorporation
= no personal attendance required for incorp and bank acc opening
= maximum protection against blocking or non proven claims at final offshore acc
= friendly to receive wire transfer form EU banks

Would be nice to hear some possible suggestions soon

Thanks

CROKG

 

[Martin Everson]

Well those days of finding a bank and jurisdiction that offers maximum protection are nearly over. You may want to simply use a european EMI for ease of receiving money from EU banks without too much problems. You may also want to consider using a corporate setup with substance as the days of shell companies with no substance even those incorporated in EU are coming to an end also.

You made no mention of what ultimately happens to funds you want to receive? If you want to protect the money you get in 2020+ then you want to immediately remove the money after receiving it from the banking system. Converting to an unbanked asset is the best form of asset protection for 2020+.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[CROKG]

Martin Everson said:
Well those days of finding a bank and jurisdiction that offers maximum protection are nearly over. You may want to simply use a european EMI for ease of receiving money from EU banks without too much problems. You may also want to consider using a corporate setup with substance as the days of shell companies with no substance even those incorporated in EU are coming to an end also.

You made no mention of what ultimately happens to funds you want to receive? If you want to protect the money you get in 2020+ then you want to immediately remove the money after receiving it from the banking system. Converting to an unbanked asset is the best form of asset protection for 2020+.
Click to expand...

substance wouldn't be a problem with the hiring of locals on demand as long term contractors due to past experience.... but substance isn't also a major problem since we don't plan for long presence over 6-12 months max with this setup and tax isnt an issue here

all EU activity has historic substance and running tax accounting etc due to non foreseeable times with covid we need to receive the funds on an offshore location like you said which would collect from EU over an EMI but afterwords where to send the money to an real offshore bank which wouldn't be easy touchable? and which jurisdiction for incorp would be easy for handling? thought also of BVI or cyprus as a forehand structure and BVI at the end?

Which real offshore banks could you suggest that would afterwords distribute the collected funds to the beneficiaries?

 

[Martin Everson]

CROKG said:
all EU activity has historic substance and running tax accounting etc due to non foreseeable times with covid we need to receive the funds on an offshore location like you said which would collect from EU over an EMI but afterwords where to send the money to an real offshore bank which wouldn't be easy touchable?
Click to expand...

Sorry why do you need to receive money offshore because of Covid?ns2 Why also should the money not be touchable. I don't understand what you are up to but it does not sound legit at all ns2.

CROKG said:
and which jurisdiction for incorp would be easy for handling? thought also of BVI or cyprus as a forehand structure and BVI at the end?
Click to expand...

Why you need an offshore company?

CROKG said:
Which real offshore banks could you suggest that would afterwords distribute the collected funds to the beneficiaries?
Click to expand...

Why you need an offshore bank to distribute funds?


Basically this all sounds shady.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[CROKG]

Martin Everson said:
Sorry why do you need to receive money offshore because of Covid?ns2 Why also should the money not be touchable. I don't understand what you are up to but it does not sound legit at all ns2.



Why you need an offshore company?



Why you need an offshore bank to distribute funds?


Basically this all sounds shady.
Click to expand...

Basically with last lock down we lost 500k operative capital due to regulations in our branch, EU governance is going crazy and it should be a safety net during this unforeseeable times! Nobody is hiding his identity nobody is running away form taxes but there are risky deals involved in this period where funds must be 100% safe to flow back on demand and on our disire not on order of anybody!

We need a final offshore destination to not be under EU ruling during these times!

No shady intents all funds are under the control of one and the same entity the whole time it should just not be hold within the EU for that we need a offshore location to distribute the funds back on demand!

BTW and please no offense but with all this stuff that's going on with Darks and Photoshop i don't understand why in Mentor Group we have to judge anybody espacilay when we don't hide ourselfs and dont wont to avoid taxes....

I mean the why is out of question there are 1000 good reasons do wish to be protected in today's world

Im asking for friendly good meaning advice like look if you go there you can expect that and that or to the forums member experience by now with agent x y or z



i

 

[Dasboot]

Its all going according to plan: the large corps are killing off any small & medium sized business so that they can buy all real assets for a pittance next year...

Expect them to become even more desperate! I'm happy that I made it out in time myself, and also lost all revenue from my two companies in Norway - currently dealing with getting rid of the subsidiary in Thailand.

I'm in the same situation when it comes to having NO hidden assets or shady dealings, and I guess this type of dilemma will be increasingly coming up in here - while the real experts naturally assume that the assets are not legit from the start.

What I think will happen is actually that it will become totally impossible to actually run a business in Europe, its already half way there in Norway - the stuff I've had to deal with in terms of regulations and compliance certainly was instrumental in killing our revenue.

I'd guess that you could get some good advice from crypto entrepreneurs, and by that I mean those who do things completely above board - I might have some tiny pointers in my Linkedin network that I could give you on PM.

Wish all the luck you'll need!

 

[dor]

what regulations gives us examples how bad this is