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IBKR business vs. personal accounts
You can transfer from your personal IBKR to your company IBKR if you link both accounts. Not the other way around though.- Clank
- Thread
- Replies: 4
- Forum: Investment
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Capital Security Bank 2023 Financial Statements
Here's the 2023 financial statement for CSB. What are your thoughts? Attachments CSB Signed Financial Statements 2023 (1)_compressed_compressed.pdf 3.5 MB · Views: 93- Clank
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- Replies: 0
- Forum: Offshore Bank & EMI Accounts
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Belize LLC for Asset Protection
I recently read an article comparing the use of a Belize LLC with a trust in the Cook Islands (link here: The Belize LLC: Better Than an Asset Protection Trust | Lighthouse Trust). It seems like a great solution. However, I'm wondering if it's possible to get a bank account for the Belize LLC...- Clank
- Thread
- Replies: 19
- Forum: Offshore Company
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RAK ICC withholding tax on US investments
Hello, I'm considering opening an RAK ICC to hold some stocks and property. I have a question regarding the US withholding tax. Is the tax based on the country of incorporation or the country where the UBO of the company is resident? RAK ICC companies are specifically created to be offshore...- Clank
- Thread
- Replies: 55
- Forum: Offshore Company
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Seeking Advice on Lowering Withholding Tax on U.S. Investments through Relocation
Currently, I am exploring the possibility of establishing a new entity or transferring my residence to a country that might entail less withholding tax on my US-based investments. At the moment, I reside in the UAE where a 30% withholding tax is charged on each dividend payout. I've been...- Clank
- Thread
- Replies: 26
- Forum: Tax, Accounting, Licensing & Legal
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Emirates NBD Global Cash Card
Hello, Any of you tried Emirates NBD Multicurrency global cash card? Is it possible to load EUR or USD directly from a foreign currency account or do you need to convert AED when you top up? Thanks!- Clank
- Thread
- Replies: 27
- Forum: Offshore Bank & EMI Accounts