Search results

I'm looking for a solid bank for my new Malta corporation, preferably a bank account that can be opened online. Opening a business account in Malta is not an option as they require residence. No special requirements except it should be a solid bank, easy to use, low fees, debit card and so on...

do you know if I need a Mister Tango business account for that or a free personal one is okay?

the goal would be to transfer USD from darks business payment processor to EMI, buy crypto, then send crypto to a clean legit business wallet. any idea if Mistertango or Revolut will work for this?

...or any other crypto friendly EMI. (as in allowing deposits to and from crypto exchanges) Anyone has done it? I see MisterTango has some kind of face recognition device that may be hard to beat. is it any different with a Belize IBC vs Cyprus company? please help if you have any experience...

that would be an inversion of the burden of proof. That's not how most western legal systems work. if you are that paranoid and/or your risk tolerance is that low, I don't recommend you even thinking of offshore or trying any of this because you won't sleep well at night, so you should just pay...

there's a lot of people doing it, but this Global Residence program is still relatively unknown and new. I have a friend that already went through the process and his lawyers told him not to worry about it, and to just stay there a few weeks of the year. Also know some people in Malta that told...

Yes I had a checking account there. I'm in the same boat as everyone else, except they are still taking $50 per month from my account for stealing my money.

the funniest thing is these pieces of sh*t don't let us get your money out, but are happy still charging me $50 of account service charges every month. just total scam artists with no morals.

I don't have a service, I'm actually just have been checking out the same and decided to move tax residence to Malta until the end of this year :D my advice is to contact a Malta lawyer specialized in setting up companies and helping you with the residence application process. I found these...

I'm sure there are ways, I wish I had a brother there :D Maybe he can put your name in the lease or setup a dummy rental to you of his house, so you wouldn't even have to get your own place to have your tax residence there. He can also take care of the applications for you. always best to...

changing residency is the best option if possible then it will be very hard for them to prove where you are actually spending your time, unless they audit you, look at bank records, etc. if you're paranoid still, as a second layer of protection you can also close bank accounts in your home...

it's Malta at the moment, I believe. approx. 5% tax rate for companies. then for personal taxes, if you change your tax residency there under the Global Residence program, it's 0% personal tax for income not remitted to a Malta bank, 15% for income remitted to Malta banks, however they have a...

I may be wrong, but even though getting reported sucks as privacy is gone, owning a business offshore and having money there is not illegal in most countries and doesn't necessarily mean you owe personal taxes in your home country, unless you're taking money in the form of profits, dividends...

if you do that make sure to only change the ownership of the llc after you open a bunch of bank accounts, EMI, etc, otherwise you will not find it easy for them to accept opening for LLC owned by an offshore corp.

just checked and I'm positive with a Wyoming LLC you are still liable for US federal income tax of 21%. Best to contact some accountant that has experience with online businesses and foreign owned businesses and see what he says.

regarding USA, I know they have a lot of illegal immigrants, so a lot of banks operate on a no questions asked policy. I recommend Bank of America. I've been working with them for a long time with no issues. Wells Fargo on the other hand, they closed one of my accounts and did not even send me a...

If you don't have to keep receipts and report your purchases as business purchases, then you can do it. But are you sure the Wyoming LLC provides that? Do you have a link explaining how you are tax and accounting exempt?

regarding your first line about being UBO of IBC, my opinion on this is that in most countries there is nothing stopping you from being a non-paid manager or owner of a foreign business. As long as you're not taking a salary, dividends or moving money in any way to a personal account, I don't...

without changing your fiscal address, I'm afraid your only safe option will be to keep the money on business accounts and spend the funds from there with a debit card (having a business in a country without accounting like Belize, you can basically buy anything with your card and no one will...

Check out Malta, they are the best in EU for online entrepreneurs at the moment. Please check this link: Living in Malta - No More Tax " individuals qualifying for the ordinary residence scheme aren't subject to income tax in Malta on foreign sourced income not remitted to a Maltese bank...