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Have you transferred business ownership after creating the bank account?
Has anyone here done this? Have a company owned 100% by you personally Opened a business bank account for it, with the KYC focused on you After the account is up and running a while, transfer ownership of the company to another entity (trust/foundation/holding co)? Even if the bank needs new...- ppuk
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- Replies: 1
- Forum: Offshore Bank & EMI Accounts
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Structure to irrevocably gift to future descendants?
Please I'd love a minute of thought from the bright minds here. I just joined the paid mentor group today because I'm so impressed with the quality of discourse and breadth of knowledge here. I'm trying to choose the right structure and jurisdiction for my situation: Years ago, I made more...- ppuk
- Thread
- Replies: 12
- Forum: Tax, Accounting, Licensing & Legal
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Cook Islands now taxing @ 20%?
My Cook Islands bank, Capital Security Bank, posted this news a couple days ago: The Cook Islands passes legislation to address EU concerns - Capital Security Bank ”¦ which seems to say that now all Cook Islands companies are taxed at 20%. When we hear news like this, where can we go to find...- ppuk
- Thread
- Replies: 8
- Forum: Tax, Accounting, Licensing & Legal