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My experience in Labuan has mainly been corporate banking. Whenever the topic has been brought up, though, the banks have been willing to discuss opening personal accounts for directors and shareholders. However, I don't know/recall if they domicile those accounts in mainland Malaysia or in...

Check out the bigger retail banks in Singapore, Hong Kong, and even Malaysia (Labuan). Banks like UOB, OCBC, Maybank, DBS, Citibank, CIMB, and Standard Chartered. You qualify for premium banking options with many banks there and they are generally comfortable with Thai residents. I wouldn't...

Best advisors depend on what you want to achieve. A better understanding of product/service, target markets, and expectations and plans would help. Toggle signature This is the probably the answer to your question.

Sure, if you only want to sell to people who have/use crypto and as long as the merchant is OK receiving crypto. Reality for now is that only a fraction of customers use crypto and of that, how many view crypto just as an investment and not as a means of payment? The clientele shrinks. Then...

CRS is a bit of a risk for you since you use Revolut. But they don't exactly work hard to catch tax evaders and likely won't do anything as long as the amounts are low enough and you don't raise any flags. However, there is a risk that Revolut ”” for one reason or another ”” adjusts your account...

The company already is tax resident in Spain. It's not as if residency resets with the fireworks at midnight on New Year's. Unless you plan to declare the income and pay taxes in Spain on the income earned thus far in 2025, you are continuing to commit the crime of tax evasion for as long as the...

OP had 1,000 of untaxed income. Let's say 25% tax should've been paid. That would mean OP had 250 illegally obtained (plus 750 that was legal). By using/spending all that money, money laundering has been committed. Toggle signature This is the probably the answer to your question.

Why is it always Spain? doh948"" Congratulations, you have committed tax fraud. Congratulations, you have committed money laundering. Of course, both are at such a small scale it probably won't get picked up. The LLC is probably tax resident in Spain already. Any income it earns while its...

It's pretty common for specialized banks/EMIs to charge thousands for opening accounts for complex or regulated entities. Those accounts often come with monthly minimum commitments of thousands in fees. Enterprise pricing for enterprise clients. Toggle signature This is the probably the answer...

Those are pretty lenient requirements and something you should consider doing anyway when relocating somewhere (at least where English isn't an official or de facto official language). A1 is basically being able to ask where the bathroom is and how much an apple costs. A2 is only a little bit...

Just as a quick reminder: The topic is opening a bank account in Hong Kong. While it is tangential to incorporating in Hong Kong and running a business in Hong Kong (including taxation involved therein), discussions about that are off-topic here and better discussed in a separate thread. I'm...

Pointless. Don't waste your time. Focus on growing your business legally. You won't like what happens if the French tax authority somehow figures out that you've been committing tax fraud. When the time is right, you can move abroad. As an EU citizen, Malta and Cyprus offer some quick, easy...

CITIC Bank is part of CITIC Group, which is Chinese state-owned (majority ownership). I would put them in the same category as Bank of China, China Construction Bank, and Bank of Communications as mainland Chinese banks with strong presences in Hong Kong. If you need CNY access and have...

The word scam is going to lose all meaning if people keep applying it to legitimate business practices that they simply don't like or agree with. Don't like application fees? Don't apply with banks/EMIs that charge application fees. It's a free market. Toggle signature This is the probably...

What are you good at? What do you enjoy doing? Do that. Toggle signature This is the probably the answer to your question.

No, thanks, take your fraud/money laundering somewhere else. Toggle signature This is the probably the answer to your question.

Companies are not non-domiciled. You are non-domiciled if you have not lived in Cyprus for 17 years or weren't born in Cyprus to Cypriot parents. Lots of options on the market. Speak with the two members you mentioned. http://chambers.law/ https://www.pkcy.com/ https://gk-lawfirm.com/...

https://www.hkbea.com/html/en/index.html https://www.cncbinternational.com/home/en/index.jsp Not a good fit in this case. Toggle signature This is the probably the answer to your question.

OCBC is Singaporean. The acquired Wing Hang bank (an old but relatively small local bank in HK and Macao) in 2014. They operated as OCBC Wing Hang for a few years but are now fully conformed with the Singaporean parent. DBS is also Singaporean. So if you're OK with OCBC, it would follow that...

Then make appointments with OCBC, DBS, Citibank, and Standard Chartered. You can probably even go back to Hang Seng and HSBC and approach them as a wealth management/private banking client. LGT is a good bank. But besides not being the kind of bank @providenceventurer is looking for and AFAIK 5...