Recent content by JackofAllTrades

There is no difference between the US states as to reliability. There are simply differences in state laws and fees. For example, Wyoming has the most offshore friendly laws and Florida https://dos.fl.gov/sunbiz/ is the easiest for do it yourselfers.

You title the asset to the trust. The trust document is all the proof required. That is how it works in the US.

No mention of this lot (www.midao.org/) or DAOs on the official RMI corporations website - https://www.register-iri.com/corporate/request-to-incorporate/

The price is listed at the RMI DAO registry website.

If you want cheap that is US or UK, the offshore jurisdictions are not cheap and not necessarily private.

EMI problem not a jurisdiction issue. Find a EMI that accepts Seychelles corps.

Easy enough to do a ten bagger on the US NASDAQ, NY American or OTC. You just have to really carefully watch a high volume penny stock for a period of time and understand its filings and who is behind it and figure out when the next pump is coming. But keep in mind you better know the business...

If you want a bank account UAE may be the better choice otherwise Seychelles or Vanuatu as they won't throw you in jail or issue an INTERPOL red notice over a misunderstanding.

A trust is exempt from the CTA. It all depends on the use for the trust. A US trust is not registered anywhere. And a EIN is not required nor a tax return unless circumstances require it. Each US state has slightly different laws. Remember too, you have revocable and irrevocable trusts. So...

Seems pricey and not part of the normal registry.

Avoid known KYC SOF train wrecks like Coinbase. Check the reputation of the exchange for freezing accounts on their own initiative. If the bank is a problem, they usually let you know the first time you try to transfer from a crypto exchange however many banks don't care. Don't put all your eggs...

All depends if you want a long or short term investment, a hedge against inflation, survival goods, something to hold in your hand and admire or pure speculation.

That is interesting since 10,000 Somali Schillings would be worth about $18 https://markets.businessinsider.com/currency-converter/sos_united-states-dollar?op=1 I wonder if there is some weird bookkeeping on these? As the article noted, Somalia clearly is not purchasing the gold.

And in the case of the Seychelles, no one to enforce the law against non resident.

Do you really want to business in a jurisdiction that will toss you in jail on the word of a resident or citizen? All of that common law stuff is window dressing and payments to aged KCs.