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As somebody who works in the Hedge Fund Industry i can say, that ETFs are great but leveraged ETFs are crap. Why? They are two kinds of Leverage, despite both are called Leverage. Sounds strange but that's a fact. ETFs and Factor-Certificates/Warrants are static leveraged. They have a static...

There would be plenty alternatives like: BVI/Cayman islands/Bahamas/Belize etc. but it's possible to control such an entity out of Cyprus and how would it be taxed? Last edited: Dec 16, 2022

Hello, thanks for your long and competent answer and I have to apologize. US LLCs are not an option for Hedge Funds in general and I did NOT mentioned that fact in my first message of this thread, I'm very sorry. The reasons are as follows: Hedge Funds located in the US are supervised by the...

Hello, a friend of mine asked me about two of my old threads where I described the current substance and taxation situation of LLCs and IBCs located in offshore jurisdictions. Unfortunately I'm not so familiar with Cyprus taxations of foreign revenue, so this would be the setup: He wants to...

It Is legal to own a Company (even in no-tax countries). As long it's fulfilling the substance requirements, the company is not considered as an offshore company. But you have to take care about the German-CFC-Rules (Control of Foreign Companies). They are some limitations of business-model...

I'm sorry, but I noticed that many Cyprus service providers already posted to this thread. Nothing against them but Cyprus is risky at the moment, due the main currency (EURO) shows weaknesses outside of Cyprus's control. Back to topic: We have some service providers for Cyprus now, check. Very...

The new substance regulations which all offshore jurisdictions have applied did not washed away the countless offshore company mills. They just continue selling useless companies and that's it. They are some service providers already, which offer help for building up substance in certain...

Despite the thread is very old, I like to write a reply due I have some information and experiences about this topic. Well as an investor you don't need to be physical present in the same (offshore) location as the fund. But according to the recent changes in laws of several offshore...

Just like e-gold.com about 20 years ago (they came up even earlier than paypal), the gold of Aurupay is digital. So the users dealing with digital gold. In combination with so many payment methods this digital gold can be seen as a kind of "middle-ware" which combines payment methods and...

@17042022 The best way would be to work with cryptos. You and your customers should setup a crypto-wallet to send funds back an forth. In Russia are numerous exchanges who work with Russians so they can convert their BTC to RUB with ease. Exchanging across multiple payment methods is the future...

Do you have any other EMIs like Paxum(Canada), Neteller(UK), Skrill(UK) or what? These are outside of the EU and could be more open to Isle of Man, Gibraltar, Malta etc. customers. I'm testing Aurupay since last week. It offers Gold-backed accounts which can be top-up with cryptos, EMIs, Wire...

So IBCs are generally a little bit different treated by Banks. It there a specific reason? As far as I know, IBC has to meet the same accounting requirements as other types of companies? Or am I wrong?

Hello, I heard recently, that an IBC (Dubai) was declined by a Dubai Bank despite its beneficial owner lives in Dubai. Some days later I watched a YT-Video where this was mentioned between the lines: "The Banking is not so great" Why could be banking for an IBC "not so great" which kind of...

Many thanks, well that means that IBCs und LLCs are back in the game as long as the beneficial owner is able to move into these countries, right? Well then Dubai with their IBCs and LLs is an option as well.

This sounds good, thanks for your reply. Unfortunately another tax related regulation came up in July 2021. I mean the global company minimum taxation of 15% signed by about 130 countries: 130 countries and jurisdictions join bold new framework for international tax reform - OECD That's why I...

In order to comply with the latest substance requirements of almost all offshore jurisdictions, I asked myself how to comply with these requirements on my own. So when I move to an offshore jurisdiction (Belize, Seychelles, BVI, Bahamas, Cayman Islands, ...) in person with a work permit, setup...

Hmm well, it seems that you're not up to date with the current global regulations. Zero-Tax countries do not exist any more. Furthermore you have to separate your personal taxation and your company taxation. In one country your company/business taxation could be low but your personal taxes could...

Is that really the case? In my sources the substance requirements only belongs to a certain type of business (Belize) or a certain type of turnover (Seychelles), so it's not that mandatory. Well the tax-rates are mandatory in any case and they have to be paid and the accounting has to be made...

Do you use creditcard-processing now? Well the CC-processor/Merchant-Account-provider has no influence about the bank of the buyer-side. So changeing the processor does not change your situation. The main reason why large sums could cause problems is the higher risk of losses when a...

In this thread we wanna list up the substance requirements of every each offshore jurisdiction (with source). This should give everyone an overview of what is where necessary. I have also noticed that some information contradicts itself, this may have been caused by conflicts of interest by...