Anguilla vs Seychelles vs Belize vs BVI

[proples]

Which one of these jurisdictions have the better reputation for opening up bank accounts?

 

[JohnLocke]

Well you may go for a BVI company if you speak about repitation. However, at the end of the day it's the same with the banks and any of these jurisdictions which are well known offshore jurisdiction and which the banks slowly are closing the doors for.

You want to look into EMI's like Mister Tango or be prepared to travel to find a bank account for such entities.

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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[proples]

Admin said:
Well you may go for a BVI company if you speak about repitation. However, at the end of the day it's the same with the banks and any of these jurisdictions which are well known offshore jurisdiction and which the banks slowly are closing the doors for.
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So is there any jurisdiction that has a much better reputation and has most of the same benefits as a traditional offshore?

 

[John Spectre]

proples said:
So is there any jurisdiction that has a much better reputation and has most of the same benefits as a traditional offshore?
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UK LLP could work as no tax offshore and be respectable as a traditional onshore company in EU.

 

[proples]

John Spectre said:
UK LLP could work as no tax offshore and be respectable as a traditional onshore company in EU.
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There's so much conflicting information on this. Are the UK LLP actually exempt from corporate taxation?

 

[James Turner]

proples said:
There's so much conflicting information on this. Are the UK LLP actually exempt from corporate taxation?
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You will not pay Corporation Tax on a UK LLP. The members will be taxed on the income. It is also possible to appoint two offshore companies as the Members of the LLP to achieve confidentiality if you wanted.

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[Brianthedog]

Sorry to bump, but if you were to incorporate a UK LLP with 2 offshore companies, is there any actual chance of opening a bank account? i.e. 2 companies from anguilla, belize, bvi etc

 

[CAKEBRAINS]

James Turner said:
You will not pay Corporation Tax on a UK LLP. The members will be taxed on the income. It is also possible to appoint two offshore companies as the Members of the LLP to achieve confidentiality if you wanted.
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Brianthedog said:
Sorry to bump, but if you were to incorporate a UK LLP with 2 offshore companies, is there any actual chance of opening a bank account? i.e. 2 companies from anguilla, belize, bvi etc
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This is interesting, May have to do this!

 

[erni]

Brianthedog said:
Sorry to bump, but if you were to incorporate a UK LLP with 2 offshore companies, is there any actual chance of opening a bank account? i.e. 2 companies from anguilla, belize, bvi etc
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it's going to be harder to get a bank account.

 

[James Turner]

erni said:
it's going to be harder to get a bank account.
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It is going to be harder to open an account and less options will be available, but it is by no means impossible.

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