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Would you recommend the Rietumu Bank in Latvia for an offshore company? I am an EU citizen. Is there any banking secrecy in Latvia? Does the bank have a good reputation?

I am an EU resident. My business is internet marketing, with non-EU customers. I do not need VAT. I am not interested in offshore countries like Seychelles. I want to earn money legally, without hiding my name. Purpose of the company: pay less taxes, no tax avoidance stuff, and I want to be able...

I do affiliate marketing. I currently have a Seychelles company, but the problem is the withdrawing of money. I used my debit card to get the money. I also think that a Cyprus company would be "more legal", especially because I am from the EU and a double taxation treaty exists between my...

I need some good ideas for investing offshore money. I want to spend it outside of my country of residence. What do you invest your money in?

I was just informed that starting March 2012 you must keep all documents related to business transactions. (here is an article). My questions: 1. how can I withdraw money for personal needs then? As far as I know this isn't a business transaction, and I can't get an invoice for this. 2. I...

I don't want to get into trouble with my offshore company so I wanted to know how can I make to money I make tax-compliant. 1. Is it ok, if I pay income tax in my country (other then offshore company country) for the money I make with my company? Or what other options do I have? 2. How can I...

I currently have a Seychelles company, but I think that Cyprus may be a better option. I live in an EU country, that Cyprus has a DTA with. My goal is to spend the money I make with my company legally in my country, and I want it to be my money, not the money of my company (if I buy real...

Ok the question may sound weird but I really can't find the answer to it. I finally have a Seychelles offshore company and a bank account in Cyprus. I would like to know how I could invest the offshore money? My credit card has a monthly limit and I will never be able to withdraw all the money...

If the local tax authorities find out that I am withdrawing the money of my offshore company will I get into trouble? Will it count as personal income or will it still count as the income of the offshore company, meaning that I won't have any troubles even if they find out?

I am in the pre-registration phase of an offshore company. For a long time it was clear that I will choose Seychelles. However today I read that my country(EU member) has a double tax treaty with the USA. A Delaware company being in the USA I am not sure if a Delaware LLC would be better...

After reading the other thread here on the forum I decided to ask both Moneybookers and Paypal whether they accept offshore companies/offshore bank accounts or not. Moneybookers said: they accept cyprus bank account as long as you add a bank account from your country first. For example if...

It's very rare to see such a patient and motivated person like the Admin of this forum. He always replies to every question and is online all the time. He also replied me quickly many times via email. And his answers are always complete and detailed. Thanks Admin, you're doing a great job. You...

I still don't understand why I would need a nominee director for my offshore company. I was told that it is used for more security and privacy. Could somebody explain me what this mean? In which situations do I need a nominee director? I am doing nothing illegal so why would I want to hide...

I would like you know a few things about withdrawing the money from the offshore bank. As far as I know simply transferring it to your country won't work because you would still going to pay taxes for it. So how do you get the money to your country? Withdrawing it from your debit card is not...

Hello I am new to the forum. I live in Romania (member of the EU, tax is 16% here) and I am earning money from online marketing. I have websites where I promote other sites and get paid by them. I don't sell any products and I don't have clients. I just advertise and get the money via...