Search results

Hi everybody, I've got today information that a nominee director can theoretically fully access a companies bank account in Georgia (e.g. on TBC) even if he/she never had internet access to the companies account. How do people protect themselves in such a situation? It seems the only...

Just heard from my Georgian accountant that dividends from a Georgian LLC can only be payed out in GEL. It is not allowed (by Georgian law) to pay out in other currencies. Is this true or someone has different experiences? Just don't like the pointless double conversions to get USD or EUR...

Hi, my company is based in Cyprus (EU). Unfortunately Transferwise's US partner bank does not work with Cyprus based entities so I cannot accept USD directly to my Transferwise account :( :( I know Revolut for Business accepts SWIFT USD incoming to company's name without a "stupid" reference...

Hi guys, I'm living in Cyprus as non-dom. 2019 I want to create an Belize IBC. My original plan was to do that as subsidiary of my Cyprus Limited. But because BEPS and new CFC rules are going to happen EU wide I cancelled this plan. So the solution is to create an Belize IBC as a private...

I recently got a cheque for my company (crossed a/c payeer) and it seems I have to create a new local bank account (Cyprus) just to get the money from this cheque because all my foreign bank accounts do not process cheques at all (did not expected to receive a cheque ever). Just want to know if...

Some information: - I'm living in Cyprus (EU) - Having a Cyprus Limited - I don't care about anonymity/privacy in this setup (non EU subsidiary should be pretty ok for Cyprus). - Bank account and where/how to create is not important in this question, it's more about: Am I doing it right in...

Hi, I want to buy something with a virtual debit card (USD) which I can dispose or at least block afterwards easily. My hope was entropay but I've found out they do not support 3D Secure. Any other easy setupable virtual debit card with 3D Secure out there? I know there is advcash but they...

I'm familiar with payment processors for getting money (credit card). But I'm thinking of establishing a userbase where the creators can make money (and I take some % on every transaction). Does somebody know how to pay this people (and also how? SEPA and SWIFT or is credit card possible?). I...

hi, related question (I hope not too offtopic): How can you sleep tight with using only an EMI as business account? Are you not worried... every company, also EMIs, can get bankrupt (for whatever reason) anytime and an EMI can also shut your account down at any time (for also, whatever reason)...