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True. The problem is that most are thinking they have a anonymous bank account and even anonymous debit card because that's what they have been informed about with their agent. This is so damn wrong today 2016 there is nothing like anonymous debit card or bank account from a real bank any...

The bank don't care actually about your PayPal account it is the other way around. You will need to ask PayPal or to check with them if they can make use of your new account if not located in Cyprus and it is a Cyprus PayPal account you have.

Exactly and if you consult a tax lawyer or accountant they will learn you a lot more how you best practice use a Cyprus company with bank account!

I have been all time happy with my Belize company formation. For my IM business it was the best I could do to get started for cheap!

The most important document you should request if you appoint nominees!

No it's not illegal you just need to get control of the account and if required you let your tax office know about your offshore bank account!

Defiantly once I have grown my business I must own a Cyprus company it's advantages are overwhelming and can't be compared with any other offshore jurisdiction if you know how to operate a Cyprus company. I'm reading and learning a lot in the meantime also about the Cyprus company laws.

Seychelles company formation was the first thing I considered when I started looking at an offshore company for my business activities. It was a close race and I decided for a Belize corp. I'm looking at total different offshore jurisdictions now!

I have heard a lot of bad stuff about their banking practice in Latvia banks but I still want to try to get an account with one of the major banks there to see my self if it's that bad.

An offshore bank account isn't different than any other bank account, it's just in an offshore jurisdiction but most banks there have exact same facilities as your local bank i.e. Internet banking, Visa Debit card and multi currency accounts. Just don't expect any interest rate that is worth to...

Defiantly the most important nominee one can appoint to it's offshore company if privacy matters. A Nominee Director will sign every contract and anything on behalf of the company that you ask him/her to sign.

As long as you don't hide anything from your tax office it won't be illegal nor will it be if you get audited tax reports for the offshore company holding the account.

A Offshore company incorporation can be good for many reasons my first priority was privacy, Internet Privacy, because I'm an Internet Marketer and don't want my name to be everywhere on the Internet.

second that. You will have to report your account to the tax office if you are the guy that don't want to take any risk at all. Most often it's not a problem they simply ask for bank statements on a regular basis to be provide to them so they have an overview of incoming and outgoing transaction...

Next week I will get in touch with my company service provider to get an account opened in Mauritius just to have something outside of the EU. I think it's important to have several different offshore accounts for my business to avoid any real problems if one bank decide to close the account for...

I have appointed Nominee director and shareholder to my entity because of privacy reason. I forgot to order a PoA but that took only 30 min to get it from my agent.

I don't know the costs are higher compare to a Belize (costs only $800) and Seychelles ( costs only $750) and after all the mess with the #panamapapers it seems not to be very secure privacy vise.. but I could be wrong of course.

Yes that's the same in my country a Lawyer or Notary service can do legal documents.

I have been required to provide much more documents just to renew my Seychelles offshore company, I refuse to provide them and want to know what alternatives do we have to Seychelles company formation? I have been reading this forum for a very long time and found Belize, Cook Islands, Panama...

Wouldn't a UK company not work perfectly for this as well? It's only £1.