Reputable bank for an Incorporated company in BVI?
- Thread starter ARM1
- Start date
- Status
I agree with @mnschwarz lawysers and accountants can be of great help when you plan your business future and structure. On the other side I also understant you @Andrew Gooden when one look into what we are all into then it is most often not a wise decision to involve to many people in what we are doing.
However you turn it, you will need some professional advise from someone you trust.
Toggle signature
However you turn it, you will need some professional advise from someone you trust.
Toggle signature
Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community
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.
Support the Freedom of Speech of our Community
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.
Lawyer have an obligation to keep their mouths shut. When your lawyer contacts a accountant normally this also applies to them in that process. Besides you select you lawyer based on his/her expertese.
Besides, tax reduction is only one issue they take care off, the other is getting advice in 'minimising UBO disclosure requirements'. The nice thing is that most of it is fully legal, so it makes you sleep very well as well.
I agree with both Admin and Milky Moon, but the trouble is how much one should tell a lawyer. Why should one open their shirt and bare their chest? Then again some lawyers include accountants are crooks. I guess that one have no choice in the matter. Eh!
It looks like HSBC in London England will open an account for our registered BVI company. Before I proceed with the application, can anybody direct me to a tax specialist who can confirm if there are any capital gains to be paid on global investors investments or if it will be a tax neutral environment?
Thank You in advance
Thank You in advance
Depends what you do, but no clean Lawyer or Tax Consultant would like to deal with someone worried ending up in prison.
Did your agent tell you this? eek¤%&
I would seek opinion from one of the big four in this case.
Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
If you are worried you might end up in jail due to your business, then I suggest you avoid BIG4 😵
My business partner who lives in London England spoke to HSBC directly. I will be doing a follow up myself this week. I am still seeking a reputable tax consultant who is knowable with offshore companies. Thank you for your feedback Martin.
You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.
https://www.applebyglobal.com/
Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
Yes I have used them once when I gave up trying to understand the implications of what I was trying to achieve at the time. I also read a lot of their publications which are scattered around the internet.
Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
Offshore magic circle - Wikipedia
This would be your prefered list. They do not come cheap but they are the specialist.
You have to realise, an offshore construct is nothing if you cannot bank. So you have to ensure the picture you paint them is clear and your goals are also clear. Tax minimalisiation is something these lawfirms have no problem with. Privacy, UBO shielding also is their daily business.
If you are looking for money laundering, or placing illicit funds into the financial system these are not you helpers.
This would be your prefered list. They do not come cheap but they are the specialist.
You have to realise, an offshore construct is nothing if you cannot bank. So you have to ensure the picture you paint them is clear and your goals are also clear. Tax minimalisiation is something these lawfirms have no problem with. Privacy, UBO shielding also is their daily business.
If you are looking for money laundering, or placing illicit funds into the financial system these are not you helpers.
- Status