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Nominees keep your name from being mentioned as an officer of the company, but the registered agent must record the identity of the true beneficial owner of the company - and this information is also requested during investigations. Toggle signature Caribbean Offshore Agents Inc. - Offshore...

Appointing nominees does NOT provide any protection against tax complications! It is important to discuss tax implications with a licensed tax professional in your domicile. I'm interested to find out what are the risks that this individual is concerned with... Toggle signature Caribbean...

It was a joke! There is no need to comment on your monthly turnover. I'm assuming that you would need a corporate bank account. Any requirements for a merchant account? Toggle signature Caribbean Offshore Agents Inc. - Offshore Specialists

:coffe: Short answer - BVI Vista legislation is extensive yet flexible... Toggle signature Caribbean Offshore Agents Inc. - Offshore Specialists

I think that Admin summarized it well, but I'll go a little further. My personal background is as a compliance officer for a licensed trust and corporate services provider (I won't comment on the jurisdiction). During my audits, I reviewed a significant portion of company records and in many...

It is not necessarily a complicated process. I think that consumers have preconceptions on what they want/ need and this is further compounded by what limited credible information is available about offshore products. It then comes as a surprise when a consumer meets a knowledgeable professional...

Hello, Just to be clear - is your turnover $10K or $10. :angel: If you have the KYC documents ready I can push your order through by end of business day Monday. Toggle signature Caribbean Offshore Agents Inc. - Offshore Specialists

You need to have a discussion with a knowledgeable offshore representative and explore each of your options. The issue with settling the funds directly into a trust is that there is a period in which the settlor must remain solvent and not file for bankruptcy. i.e. Forming a trust to avoid...

I don't have a "favorite"! It is a matter of understanding what a customer is trying to accomplish (both short & long term goals) considering their budget and banking needs. I have observed that consumers are looking for a "perfect" jurisdiction and the plain old truth is that there is no one...

Absolutely. TIEA are used to facilitate information related to tax evasion matters. If your solution is tax-compliant, then you will have no issues. In addition, understand that when you incorporate a company - a locally, licensed business (registered agent) maintains your information. Your...

:w: Funny powerbeme - It is a matter of clarity since the BC legislation has significant changes to it, but BVI is special! :conf: Toggle signature Caribbean Offshore Agents Inc. - Offshore Specialists

First let me correct my typo, "TIEA - If you understood how this process actually works, it shouldn't influence your decision, yet many customers get concerned about them, so I've added it." 1. A TIEA does NOT affect privacy at all. The purpose of a TIEA is to tackle tax evasion only. This is...

Yes. You can refer to it as a BVI offshore company or a BVI BC (BC - business company). There is actually a distinction between a BVI IBC and a BVI BC since old companies were incorporated under IBC legislation and newer companies (post 2006) under BC legislation. All of the old companies were...

The difference is mainly cost. Both jurisdictions have identical legislation and both IBCs share identical attributes re pros and cons. By the way, the term "offshore" is a general description of products or services that are foreign to your domicile. Toggle signature Caribbean Offshore Agents...

Hello forcet! There are many considerations when choosing an offshore jurisdiction and services provider. Here are a few: 1) Customer's domicile - What are local tax ramifications? This mostly applies to USA and Mexico - not an exhaustive list. 2) TIEA - If you understood how this process...

Yes it is possible to have a merchant account for an offshore IBC. I am sure that CC Logic offers merchant account introductions for either Cyprus or Seychelles IBC & banks. There are obviously more restrictions on these types of accounts than regular checking or savings accounts. These...

I have found a couple banks in Belize, but it depends on what you are trying to accomplish. Would the account be for you personally or for an IBC? Toggle signature Caribbean Offshore Agents Inc. - Offshore Specialists

Hi All - there is a bank in the BVI that works well with Paypal! I know this because I lived in the BVI for a number of years. Opening an account in the BVI is no more challenging than opening an account anywhere else in the world. Personal accounts in the BVI are as open as a regular account...

Ricar - if you are concerned about confidentiality, then you need to employ nominee director services and create a trust for shares. I'm going to go out a limb here and say that I'm not a fan of bearer shares because they have to be registered with a custodian. Toggle signature Caribbean...

I believe that St. Kitts offers second citizenship. I'm not sure on the cost. I would narrow your list to Seychelles, Belize and British Virgin Islands re: privacy concerns. I would recommend using a nominee service as an additional layer of confidentiality. Carefully evaluate your budget...