Recent content by johnstevenson637

I remember having received a quote and it requires a 5-day trip to Dubai and a long process. That wasn't a good fit for me, unfortunately. For a bigger business, I would have considered it for sure..

Yeah, everything always looks simpler with these incorporation service providers... and once you have paid, the hidden details are revealed. Dubai seems indeed a great solution, for a highly profitable business. For me, it's just a small project that I will cash 50-100K profits and it won't...

Hi, I've started the process of creating an offshore company in SVG and despite the fact that the agent told me many times I wasn't required to do accounting in SVG, and that no annual financial report was needed, they want me to sign a weird clause, that specify they can fine me 30KUSD if I...

I can be the officer (director/shareholder) in SVG so that solves the problem. That way I can sign all required documents myself. I just need to find a way to move my crypto to fiat... for Now the best scenario is establishing a company in SVG, opening an account in an exchange like...

No nominee director will accept to sign any documents and provide KYC requirements, which are required for opening an exchange account.

Ouch I see. The problem I have using Bankera is that I need to find a way to convert my crypto to fiat.. and then, withdraw it to Bankera, to then move it to my final destination (Canada). All crypto exchanges ask for documents signed by a director of the company, and it's where I'm facing an...

I haven't found an ideal solution yet... I'm open to your solution please dm me :)

And what about using SwissQuote and using any EMI like TransferWise? TransferWise is against crypto, not against general investments.

Ah okay I didn't know! That is good to know! @bonox Ramp A P2P platform to buy crypto (From what I have understood)

Hi, I need advice from experts... I am living in Canada and most banks here refuse transactions related to Crypto... so here come the first issue... Can't cash my crypto to my corporate bank account here in Canada. I know there is probably a workaround to resolve this issue but I have a second...

That may be the way to do... I'm just trying to understand why I need an EMI if I can withdraw directly from RAMP to my offshore bank account. Does the EMI replace the offshore bank account?

I like your option #1... Can you tell me more? :) Any EMI to recommend? And is there a tutorial or article explaining the process described above? I never hear of RAMP so it's the first thing I will do now, read about it ^^

Yeah, I edited my post, finally understood what you meant. The problem here not just with banks, it is also with accounting. It's another reason why I want to create an offshore company in a country without accounting required.

I am located in Canada and I pay my employee through crypto wallet to wallet (not through an exchange). "Maybe all you need is an account for your company with a bank which accepts proceeds from crypto." There no banks in Canada that accept cryptocurrencies for corporation. Also, the...

Hi, I have a crypto business that receives revenue paid in crypto. I pay also my employees in crypto. I have a problem because, in my country, banks don't allow cryptocurrencies transactions... so I can't cash. At first, I got a simple idea... Which was to create an offshore company with an...