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  1. J

    About Forex Trading Companies in Cyprus

    Forex is a short term for Foreign Exchange Market. It usually handles about currencies and some are making fortune just predicting the trend in the Forex. Learn more about forex here Foreign exchange market - Wikipedia, the free encyclopedia
  2. J

    Paid nominees, how are they protected against illegal activity?

    I'm with you with this one. Since only professionals could handle situations like this, even if its gonna cost a portion of your money when you consult to a professional, I think its the best way because you know that your money is not wasted if you invest it on security measures.
  3. J

    The Basics of Cyprus Holding Company

    I think they are getting to a point which their government will abolish tax because of the low tax rate in Cyprus. I just don't think its gonna happen sooner because of the current development of the country.
  4. J

    The Birth of Offshore Company Formation Cheap

    Well according to this website, they have an article that Brunei is actually a good tax haven country. I just don't know any familiar offshore companies but try to ask your local people if they know something since its a great country for offshoring. Last edited by a moderator: Jun 21, 2021
  5. J

    What happens if a Cyprus IBC fails to file taxes?

    I thought there are gonna be legal charges that will be pressed against you or your company. I'm very surprised that nothing is gonna happen to you haha. Normal people would panic but these professionals here would not even bother with it nai¤%
  6. J

    Tax for defenses, what is that?

    I think to understand it much better, here is a link that contains a lot of valuable information which could help all of your concern about TAX. Your IRS Tax Relief Experts | Tax Defense Network
  7. J

    VAT cross boarder - question

    I think its bulls**t. That's why its called Tax Haven because they charge with almost a no amount of VAT at all. If it comes that they want to press you with legal charges, that's the time you should hire a professional Lawyer to handle your case!
  8. J

    Question about taxes - changing country

    I think safety is gonna be a small issue since you could hire professionals to handle your account.
  9. J

    Offshore Company, bank account and PayPal, sorry again!!!

    I'm a fiverr seller myself and I agree with you. Trust those who already have ratings and feedbacks. But I think your money is secured by fiverr once the seller didn't give his part of the deal.
  10. J

    Cyprus company formation

    Why are you having trouble with getting a merchant account and bank account? Are there wars in Pakistan right now? Cyprus is great country to start an offshore account with and you can learn everything about it from this forum.
  11. J

    Offshore Country for Privacy and Low Corporate Tax

    Netherlands and Singapore are in the top 2 of the chart right now. I just don't know about their privacy overall but I think Netherlands is legit. Try to read more here Top Tax Haven Countries Choices
  12. J

    Offshore Banking: Is It REALLY Illegal?

    I just think that US wanted companies to be built in their own land not in other countries because they can't get a share from whatever country these offshore accounts are living on. Its just very ironic because most of their companies manufacture in China because of the cheaper labor cost LOL
  13. J

    The Ugly Secret of What Offshore Company Means

    Yeah, there's always a good and a bad side just like in a coin. But to be honest I think Offshoring is still a great business. You just need the right timing and choose wisely regarding which Tax Haven country you're gonna start your account from.
  14. J

    Cyprus company with 5 owners, possible?

    I think its the same whether its a real person or a shareholding company. Since its 5 person or part, it should be divided equally. But if its you who handle most of the work, I think your share should be higher than the other 4. Just my humble opinion.
  15. J

    Overseas Trust for double protection?

    I think both you and your nominee should sign an Trust Agreement. Since most of the time they are handling your business / bank account, it should be the person who you trust the most but in reality, you can't find someone to give your 100% trust unless its your friend or your family.
  16. J

    Offshore Banking: Is It REALLY Illegal?

    I agree with you, aside from lower tax rate that these accounts needs to pay, the privacy is phenomenal. The government just can't take the fact that they can't spy on everyone. Especially with the US governement.
  17. J

    Offshore Banking: Is It REALLY Illegal?

    Maybe because of the Privacy? If its Hidden from the radar by the government, some people could think its illegal because it is underground.
  18. J

    Offshore bank accounts

    The most common requirements are Passport and Utility Bill ( in English ) , if its not in English it should be translated and notarized. Notarization of the paper will require a sign by a Lawyer. There may be another requirement but those will depend on which country or bank you will apply to...
  19. J

    How to Register Your Offshore Company

    I assume its gonna be a requirement nowadays since a lot of people are entering Offshoring and its already a competition.
  20. J

    Internet Privacy with Cyprus company?

    That's the bad thing with the authority these days. They wanted to abuse their power just to rip off people with their money. I hope before we submit ourselves to these authorities, we could have a Lawyer beside us and help us.

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