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Are you aware of the benefits of the crypto ZCASH? As you have seen the biggest crypto regulated marketplaces (the ones that allow you to transfer crypto from/to credit card/bank like binance) have delisted Monero. It is due to the fact Monero transactions are private and authorities can't spy...

It is now 2025 and things have evolved in the crypto world. It is now possible to use different blockchain networks to pay in USDT and USDC. I think these solutions could help business to get rid of payment processors / merchants. The blue print would be the following: Customy buys USDT =>...

In 2016, UK has introduced the Person with significan control concept to avoid having nominee shareholders listed in the Company house registry as company shareholders. So, Why are there still company formation agencies that offer nominee shareholder services? Are these offers illegal...

I have discovered the techniques that French state workers use to start legal proceedings against directors of offshore companies. They use the following databases: DUN & BRADSTREET FAME From these databases, they browse the lists of virtual office addresses with the highest number of...

Hi, You may be aware that the UK has many double tax treaty agreements in place with many countries. These treaties have all the same OECD template. They mention that a permanent establishment exist where a "place of management" or "office" exists. The same logic could be applied to many other...

Hello, I have noticed that lately, some EMI want you to send supporting documents to explain incoming transfers and it is annoying. For instance, I have a Paysera personal account and they asked me to provide supporting document for an 1800 euros incoming transfer from a UK business. The...

I don't understand why Luna Classic is coming back from the dead like this. The price soars every day. There are few explanations about this cryptocurrency. Can someone explain me why people buy Luna Classic? I took this screenshot just now.

According to the OECD tax wedge report, Austria is the 3rd country in the oecd to tax employees (single workers) the most behind Germany and Belgium in 2022. Not that employer contribution is quite high compared to other OECD countries. This means that if you want to start a business and hire...

Back in 2016, The Cyprus authorities introduced mandatory financial audit of bookkeeping records for every company Today, I discovered that the Cyprus authorities started to push back. https://cyprus-mail.com/2022/04/05/some-businesses-may-be-exempt-from-annual-audits/ What is the current...

In Europe, I can see that almost no bank accounts of Russian Oligarchs are frozen. This was confirmed in the news. EU struggles to ”˜freeze and seize' the wealth of Russia's oligarchs - National | Globalnews.ca So, this raised my interest because nowadays, the EU has implemented many AML/KYC...

They replaced their support team by a robot and it is not possible to talk to a human anymore on the chat. There aren't any email address anymore. Also, be aware that it is not possible to receive and send money via SEPA transfer. For now on it is only possible to top up the wirex account via...

List of EMI that are blocked by Paxum: Revolut Wise Bitsafe bitpanda (because it is not nominative) I wonder if there are any EMi that aren't blocked by paxum. It should be a EMi with a nominative IBAN account.

I just received an email from Revolut asking me to provide fiscal information. The message states (i translate) that as a financial instution they must details of account detained by customers to tax authorities. You can close your revolut account from the settings page of your revolut...

For people who want to know, I tried to open a corporate bank account at Transferwise, they sent me this message: TransferWise Support (TransferWise) Jul 28, 2020, 1:58 PM GMT+2 Hello XXXX, We're currently reviewing everything for XXXXXX Ltd and need to confirm some details about the...

When you have a company with a virtual office as registered office, you don't have official utility bills. (yes sometimes they sell tenancy bill). Without a proof of address your offshore company can't Open an EMI corporate account at revolut, transferwise Open a business Paypal account. I...

Not so long ago, I remember that directors owned a UK ltd and used a Gibraltar LTD to withdraw the profit. REvenue => UK ltd => dividends, royalties => Gibraltar LTD it was possible because Gibraltar didn't tax extraterritorial revenue of LTDs. So UK directors used Gibraltar LTDs to lower...

Estonia has the E-residency which allows to incorporate a company from home and open a corporate business bank account from home thanks to an EMI. The vast majority of E-residency owners are non resident. So, I have found a way to legally lower distributed tax profit to 5% The distributed...

Hi, I have contacted a Portuguese man on Fiverr (so, he could understand the documents of the Non-Habitual Resident in Portugal)) to ask him if non-portuguese citizens who live in Portugal under the NHR rule can be tax exempt if they get their income from a foreign source. I have understood that...

I wanted to share my knowledge about how to fly under the radar when using EMI's. Everybody can benefit from it. The main message of this thread would be "don't put all your eggs in the same basket". I also wrote this because I read stories on the Internet of guys saying "I bought bitcoins and...

So, it is called Bitcoin Address Balance | Block Explorer - Blockonomics The full story: I have found that the terms of payment gateways like Paypal / stripe / 2checkout have more and more bindings rules as time goes by. For instance, if you have a discussion board on your website, you must...