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According to wikipedia, Mauritius started CSR reporting in 2018. Does that mean that in 2018 they reported for the year 2017? Or does it mean that only 2018 balances were reported? Do they also report bank account owners with $0 balance?

Hello. My bank from Cyprus sent me two forms today: Form to identify if I am a reportable person for purposes of CRS Form for tax residency declaration This seems like a serious thing and I do not want to make mistakes. Can anybody tell me how I have to complete this form? What I should...

My offshore company will expire soon. I will not renew it. I do have a nominee director and the company is in the Seychelles. Is there anything I have to do? i.e have the director sign any papers? For example my resignation as shareholder or anything similar? Or I simply don't pay for renewal...

Lets say I don't want to move money directly from A to B. I want to move it from A to middleman to B. How can I do this? Where can I find a trusted middleman?

Some of you probably know my situation (bank account frozen - I have to send all money to another account). I am thinking about sending all of the money onshore and create an invoice for services or goods. How safe is this? What should I take into consideration to do this the right way? I will...

My offshore bank froze my bank account. They said I have a few weeks to wire the money from the bank account. Here are the conditions: 1) Only one payment is allowed. So I have to send $xx.xxx at once (this will draw attention wherever I send it). 2) I cannot send it to any partner. I can only...

Hello guys, 1) How long have you been waiting for mistertango to verify your business account? I am waiting for 3 days already and no replies from their side. 2) Another EMI asks me for proof of address. It has to be a bank statement or utility bill. I don't have any utilities registered on...

I need to close my offshore company this month. I still have $xx.xxx in my bank account. My bank (from Cyprus) became very strict and they are asking for proof for each transaction I make. Last time I sent them an invoice and they asked for a more detailed invoice with more info. What would be...

This is a general question, not really offshore related. I need to exchange some money on my onshore company. Which site offers the best exchange rates? I've been looking at Revolut but I am still in the verification process. They ask for so many documents. Any good alternatives besides...

My bank just told me that I have 2 months to move the money from them. They don't want me as customer anymore. I have no idea what the reason is. I didn't do anything. My company is in the seychelles and I have a nominee director. Is it possible for me to open another bank account remotely...

I want to buy crypto with offshore money. My bank blocks my transfers to Kraken. So far I had no success with - Transferwise - they dont accept Seychelles. I can't find any way on advcash to send wires Can you recommend me another service?

I want to get rid of my offshore company asap. After taking into consideration multiple options, I came to the conclusion that the best option would be to just wire the money to my onshore company (taxes are low at home at the moment so I have no problem paying it). I am afraid of declaring it...

I am thinking about ways to spend all my offshore company money and bring it home. I'm affraid of declaring it as dividends and I am still thinking about selling "digital goods" from my offshore to my onshore. But I am also looking for alternatives. I thought about buying crypto with my...

I am looking for a good payment processor to but cryptocurrency with my offshore company. My offshore bank cancelled my transfer, and they won't allow me to buy crypto. That's why I need a payment processor so I can send the money there, and then buy the crypto from there. 1) First of all which...

After spending a month to register and talk to the support on kraken (crypto exchange) I finally got approved. I sent some money from my cyprus bank account. They cancelled my payment saying that bitcoin is against their policy and they won't allow me to deposit money on an exchange. What is...

I plan to send money from my offshore to my onshore company. I don't want them to be linked directly so I am looking for a site through which I can do this wire? Offshore > Site > Onshore What do you recommend?

Hello guys, Please tell me what is the best way to withdraw all the money from my offshore company. I don't know how to get to the money. 1) my bank just limited the prepaid card to 10k eur per year. 2) i don't want to have a usual credit card with my name on it. 3) I cannot withdraw it in...

Both companies are in the Seychelles (IBCs). Can I give a loan from my offshore company to the offshore company of a friend of mine and close my company after that? Or will I not be able to close the company as long as the loan is not paid back? The thing with this is that my friend has a way...

This is not really offshore. I have an onshore business and I always get paid in USD or EUR. However i need money in my home country currency (eastern europe). Which is the best site (most trusted with best exchange rates) where I can open a business account and exchange my money? The exchange...

Hey, I want to close my offshore company as soon as possible. I want to take out the money legally and i dont care if i have to pay taxes at home (because taxes are low now). I realized that opening the offshore company was a huge mistake. 1) I am wondering if its legal to make several...