Hi, I have a Belize LLC, i'm looking for emi's with low fees, will be transferring 6 figures regularly, low risk business, needed local GBP transfers, in and out. Something like Wise would be perfect. I've come across Currenxie (decent fees), however need more EMI'S. Can't see on Wirex App's website that they accept Businesses? (only personal accounts are allowed?). Please advice , thank you.
Belize LLC EMI's? Wirex App?
- Thread starter gihojoker
- Start date
Are you absolutely set on Belize?
You mention GBP. You wouldn't be living in the UK and thinking a Belize LLC is going to improve your tax situation?
Toggle signature
This is the probably the answer to your question.
You mention GBP. You wouldn't be living in the UK and thinking a Belize LLC is going to improve your tax situation?
Toggle signature
This is the probably the answer to your question.
Well, my point is that Belize is a garbage jurisdiction. In the eyes of banks, it's synonymous with tax evasion and money laundering. It gets considered as a high risk jurisdiction, which makes it financially not viable for lower cost (and therefor lower margin) EMIs to onboard Belize companies.
If you can shift to UK or EU company, you'd have a decent chance with for example Wise and Revolut.
But as a Belize company, a lot of options are out right away.
Toggle signature
This is the probably the answer to your question.
If you can shift to UK or EU company, you'd have a decent chance with for example Wise and Revolut.
But as a Belize company, a lot of options are out right away.
Toggle signature
This is the probably the answer to your question.