Are offshore bank accounts legal?

Status
Not open for further replies.
That is good question and explanation given by you.Most of the black money exist in offshore bank accounts
 
They are legal no doubt. If you are not sure if it is then don't open an account you will lose it! Only open corporate accounts while we are on this question!
 
All governments including the OECD want us to believe that it is illegal to hold an offshore account but that's not the case! You are in your good right to open an offshore account if you want that.
 
I can say that personally I didn't had any problems at any time for the last 6 years and no one knows that I have the account!

Toggle signature
I do services that no one does at OffshoreCorpTalk - Get in touch with me e-mail - Do you have a problem, get in touch. Be clear to what you want, sneaky questions are ignored!
UK LTD with Nominee Shareholder & Nominee Director, passport and utility bill available, 2 days delivery - learn more!
 
happyjohn said:
happyjohn said:
All governments including the OECD want us to believe that it is illegal to hold an offshore account but that's not the case! You are in your good right to open an offshore account if you want that.
Click to expand...
Click to expand...
You just don't forget to report it to your tax office. Otherwise it may be illegal in your country!
 
Bank accounts are legal to maintain and open. The problem today is that you need a sophisticated setup to avoid any reporting!
 
it has never been illegal to hold an offshore account what people did wrong, was that they didn't reported the account to the tax office! That means fines, and even prison if the amount you cheated them for is high enough 😉
 
suzy said:
suzy said:
it has never been illegal to hold an offshore account what people did wrong, was that they didn't reported the account to the tax office! That means fines, and even prison if the amount you cheated them for is high enough 😉
Click to expand...
Click to expand...
What would you say digital currenct provider is? legal or not?
 
utibi said:
utibi said:
What would you say digital currenct provider is? legal or not?
Click to expand...
Click to expand...
They are legal as long as they report all your crap to the authorities!

All offshore banks seem to get more legal now they agreed to exchange information with the local authorities worldwide.
 
Gunter said:
Gunter said:
They are legal as long as they report all your crap to the authorities!

All offshore banks seem to get more legal now they agreed to exchange information with the local authorities worldwide.
Click to expand...
Click to expand...
What are the alternatives if you know please share?
 
Gunter said:
Gunter said:
They are legal as long as they report all your crap to the authorities!

All offshore banks seem to get more legal now they agreed to exchange information with the local authorities worldwide.
Click to expand...
Click to expand...
Thank you. So we will be safe using worldcore and LeuPay right?
 
so if you are from US and open an offshore bank account in another country, you paying taxes for US or for the country where the bank and your business is? Let's say US taxes are 30% and in Seychelles it's 20%, so if you have bank account and business in Seuchelles, you paying 30% or 20% taxes?

Is opening offshore account have advantages in taxes?
 
money is starting to become scarce in many countries so their focus is to do everything possible to INDIVIDUALS to ensure the money stays pain¤#"!
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

Forums

User Menu

Login
Community platform by JohnnyDoe © 2025 JohnnyDoe
  • Width
  • Queries
    9
  • Time
    0.6975s
  • Memory
    14.11MB
Top Bottom