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Hi, I would like to know what is the best way to exchange crypto to fiat, and deposit that money in a business account. Let's say Peter has $100K in crypto. He has a company. He wants to exchange his crypto personal assets to fiat company assets so that he can invest/use that money through the...

I am looking for a company incorporation service that handles UAE companies formation. It's difficult to know which ones are good and which ones are not. Would like to hear your recommendations, specially from those that already have a UAE company and have used the service recommended. I am...

I would like to know if every financial institution that implements CRS, exchanges the same information, which is: your name; your address; your country (or countries) of (deemed) tax residence; your Tax Identification Number(s) issued by your country or countries of tax residence, and, where...

Some Bitfinex clients have received the following email: What are your thoughts on this? I am really disappointed by this email, and a lot of customers are going to stop using Bitfinex because of this.

Hi, I would like to know if there is a way to edit or delete messages or threads in this forum. Every forum I have used has this option, but apparently, not this one. Anyone knows if this is possible? Thanks

Hi, I would like to know if this could be something feasible to convert fiat to crypto and store it in a cryptocurrency hardware wallet, without being reported to tax authorities. 1. Transfer from Bank/EMI to Coinbase in EUR 2. Transfer EUR from Coinbase to GDAX 3. Buy BTC/BCH/ETH/LTC in GDAX...

Hi, I would like to know your opinions about these 2 forms of storing money: - crypto wallet (hardware wallet) - electronic money institution (EMI) None of them get reported to the tax authorities (via CRS/FATCA) so in theory, you can store as much money as you want in them, not declaring it...

Hi, I am looking for recommendations on the best cryptocurrency to store value for 1-2 years. Of course, cryptocurrencies have their ups and downs, but would like to keep some money on crypto for that period of time, hopefully, not losing it all, and eventually, getting a profit when I cash it...

Hi, I would like to know if cryptocurrency exchanges such as GDAX, Kraken, Bitfinex or Binance implement CRS or FATCA in any kind of way. In theory, they should not report anything to foreign tax authorities, but I am asking just to make sure. Thanks

These are the best mobile banks (in my opinion), that I know of: - Revolut (United Kingdom) - N26 (Germany) - Bunq (Netherlands) - Monese (United Kingdom) - Paysera (Lithuania) - Transferwise (Germany) And would like to ask you if you know more of this type. Looking for banks with the...

I have been doing some research about offshore jurisdictions to incorporate an Internet Marketing Company coming up with the following list of jurisdictions, ordered, from what I think is best to worst: 1 - British Virgin Islands 2 - Cayman Islands 3 - Bahamas 4 - Belize 5 - St. Kitts & Nevis 6...

Hey, I know a lot of people are having problems because PayPal is not available for whatever reason in their offshore company location. So here is what I though. Taking into account that you already have a PayPal business account (100% verified) with your name in the country you want to...

Hey, I would like to know if this is an option to consider. The thing is that most European countries have a rule that if you are more than half of the year living there, you must pay taxes on your salary. So what about living 4-5 months in a different country and then change. For...

Hey, I would like to know what country is the best one to open your bank account when you have a Seychelles IBC. I have heard good things about Latvia and Cyprus bank accounts but they are in the European Union so I don't know if they can share information with European members. I have...

Hey, First of all, I would like to say that I am not associated with any of the services mentioned below. I am not getting a commission neither. I am just asking for your opinion. I have already made my mind about how to form a Seychelles IBC + Mauritius Bank Account so I would like to know...

Hey, Pretty active this morning :) Regarding to accounting in Seychelles IBC I have read that accounting could be done in a really simple way. Accounting records should be: a. Sufficient to show and correctly explain the Entity's transactions; b. Enable the financial position of the...

Hey, This process seems easy but there are a lot of things you should know before opening an offshore company. So my question is...are these documents strictly necessary to form an offshore company (Seychelles) or open a bank account (Mauritius): - Issuance of a Notarized Limited Power of...

Hey, Having an offshore business is a great way of tax avoidance but what about invoices? When you register a Seychelles IBC they send you the address of the company and a company number. The don't send you a TAX ID or something like that (as far as I know). So what would be the best way...

Hey, I have read that there are two ways to get personal money out of the company to your local country: 1. via salary (being an employee of your own company) 2. via dividends I would like to know what would be the difference between these two in terms of taxation. Thanks