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  1. W Fish

    AML Regulations: Understanding the two distinct approaches when choosing the jurisdiction of your financial institution

    Nice writeup! Toggle signature Expense invoices with cashback (in crypto). Crypto on/offramp with invoices. Crypto SOF solutions.
  2. W Fish

    Buying farmland: Weather + tax

    I mean that where the (farm)land can genereate more income (from farming), its price is also higher. So the yield (ROI or ROA) will be pretty much the same everywhere. The yield will be even worse in places where living conditions are good. In NZ the hobby farmers (guys who pay for the...
  3. W Fish

    Buying farmland: Weather + tax

    Depends what you want it for. If for generating income from farming, then the market has set it - ROI / ROA will be pretty much the same and chances are slim that any individual will be any wiser. Islands can be good but then the markets will be far, etc... Toggle signature Expense invoices...
  4. W Fish

    Question offshore company for investing in crypto/stock market

    Why make it so complicated? You have another thread where you discuss a combination of an estonian company + US LLC. What advantage does it give compared to just trading from the Esionian company? Toggle signature Expense invoices with cashback (in crypto). Crypto on/offramp with invoices...
  5. W Fish

    Cheap offshore formation or?

    Why dont you just run a company in your country of residence and open a regular account for it there? That would be the first, most obvious solution, wouldn't it? If this is not possible for some reason, then the solution for the problem would come from the reason. Toggle signature Expense...
  6. W Fish

    Question offshore company for investing in crypto/stock market

    This is not correct. What you are quoting is the instruction for private persons. They need to declare and pay tax on every sale or swap if profitable. Losses are not deductible. For companies you can just mark your positions (crypto or other traded and liquid papers) to market at the end of...
  7. W Fish

    Any idea how to move mid 6 figures crypto to Dubai?

    How long have you been doing this? Have you also done Wise -> Kraken? Wise has in its terms of use that payments for any crypto are not allowed. OK; seems things have changed and now they allow payments from regulated exchanges except Binance...
  8. W Fish

    Bank transfer EMI to EMI, small amount, which reference to use?

    == Because that will imply documentation, which I'd have to make up. I wrote transfer to personal account, we'll see.. == If you have power of attorney in both bodies, it is only natural to make such small agreements orally. Your books will show the balance. And in case somebody really asks -...
  9. W Fish

    Bank transfer EMI to EMI, small amount, which reference to use?

    Why not just "loan"? Toggle signature Expense invoices with cashback (in crypto). Crypto on/offramp with invoices. Crypto SOF solutions.
  10. W Fish

    GB*** IBAN for a EU company?

    Not in crypto business but a bit of a Bitcoin maxi and don't keep practically any FIAT. So transfers to exchange are regular. Seems this makes it suspectible and risky enough for some or perhaps even most banks. This more expensive part I have to admit that I was wrong. Got hold of that...
  11. W Fish

    GB*** IBAN for a EU company?

    they do not serve Estonian companies. Toggle signature Expense invoices with cashback (in crypto). Crypto on/offramp with invoices. Crypto SOF solutions.
  12. W Fish

    GB*** IBAN for a EU company?

    Hi again! Airwallex rejected application. Would not tell why. I guess it might be because I sent them bank statement with transfers to Kraken. If it was this, then it probably is better this way... Wamo with NL** iban working fine for a couple of days. Today first compliance check, the account...
  13. W Fish

    GB*** IBAN for a EU company?

    No. I havent tried anything. Even those Wise and Revolut accounts I opened a long time ago out of curiosity... I came from the world where opening bank accounts and making payments internationally is something kindergarten children can do. Didn't even have the slightest idea that it can pose...
  14. W Fish

    GB*** IBAN for a EU company?

    Not much, a couple thousand perhaps. But if it can be x, it can also be x000. More of a principle thing. And i was as cooperative as imaginable, provided everything they asked for the same day, etc... Toggle signature Expense invoices with cashback (in crypto). Crypto on/offramp with...
  15. W Fish

    GB*** IBAN for a EU company?

    Thanks! Will give Airwallex a try first. They didn't say, what for. I might have tried to transfer to Kraken from Wise. I did it from either and there was an automated response that transfers to that IBAN are not allowed. I think it was Wise. They have in their conditions that any kind of...
  16. W Fish

    GB*** IBAN for a EU company?

    Hi! Perhaps not straightly offshore related, but still... I have an Estonia registered and operating consulting company, owners and managers local. Using local bank account now but would like to have IBANs starting with GB** and DE** for serving customers in these countries and making payments...

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