Hello. I have a US LLC in Wyoming and I need Business bank account for my LLC. But I can't go to another country to open bank account. I heard Cyprus is not require visiting bank to open account by using service. And low or no minimal deposit and initial deposit. I'm living in Asia.
Can I open Business bank account in Cyprus?
- Thread starter Syrup
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Thanks diablo.
If I find introducer and open bank account how much money I need. I need to knoe average fee about introducer service.
I am running a blog. There is no illegal thing. But I form LLC to prevent lawsuit about my blog's content. My country can punish me if I write a post that real but someone didn't want to spread. So I need Business bank account to protect and seperate LLC's asset and my identity. As you know Wyoming protect LLC owner's information.
If I find introducer and open bank account how much money I need. I need to knoe average fee about introducer service.
I am running a blog. There is no illegal thing. But I form LLC to prevent lawsuit about my blog's content. My country can punish me if I write a post that real but someone didn't want to spread. So I need Business bank account to protect and seperate LLC's asset and my identity. As you know Wyoming protect LLC owner's information.
What country are you from?
If you are from certain countries you are wasting your time trying to open an account.
If you are from certain countries you are wasting your time trying to open an account.
Yeah your countries fine.
You can try a Cyprus Law firm like Dame Law. I don't have any experience with them though. They offer US LLC's and seem to work with several Cyprus banks.
May be worth just setting up new company, nominee, account opening with them. As courioring, notorizing documents etc could get expensive.
You can try a Cyprus Law firm like Dame Law. I don't have any experience with them though. They offer US LLC's and seem to work with several Cyprus banks.
May be worth just setting up new company, nominee, account opening with them. As courioring, notorizing documents etc could get expensive.
it is a problem to open foreign account for US LLC nowadays
US LLC is a good choice for non-US business
we usually provide bank accounts in Florida for US LLC
for example, in TD Bank or Morgan Chase
US LLC is a good choice for non-US business
we usually provide bank accounts in Florida for US LLC
for example, in TD Bank or Morgan Chase
Well, even you are Mentor Group member it's not allowed to mislead nor run a hidden advertising campaign.
There is NO problem to open a Cyprus bank account for a Delaware LLC nor for any other US company. I know a lot of people that have done this also this year.
Hope it's clear!
There is NO problem to open a Cyprus bank account for a Delaware LLC nor for any other US company. I know a lot of people that have done this also this year.
Hope it's clear!
Sadly, I'm not US citizen. So I have to go to US to open bank account. But I can't. And Wyoming LLC allow to use non-us bank account maybe not a problem. Of cource, I want to use US bank account. But it takes too much time for me. So I was pick Cyprus bank acvount because it doesn't require︀ visiting Cyprus or branch by using introducer service.
Keep in mind you want to open an account for a shell company i.e one with no real presence in US. Sooner rather than later all shell companies will be cracked down on. You will soon be forced to prove the company has an operating presence in the company it is incorporated in or it will be transparent for tax purposes (i.e taxed like local company).
It's unlikely. The US authorities already get everything they need on US tax residents from FATCA information exchanges. Why bother trying to figure out who owns what in a complicated corporate structure when︀ you can go straight to the weakest link - the bank account? If a foreign︁ entity operates a US LLC and uses US bank accounts, the IRS generally doesn't care︂ about them.
I think you missed the point. I am not referring to the US cracking down. I am referring to governments outside the US cracking down. If you operate a US or for a matter of︀ fact any offshore company with no physical presence in the country it is domiciled then︁ expect tax problems. They will be become transparent for tax purposes as place of operation︂ (directors residency or place of significant control) is all the matters to certain authorities today.︃ You would need to check carefully the text of any DTA in place and get︄ professional advice.
I have not met a single person that has set up a US︅ LLC that has any clue what they are doing. 99.9% have read a blog or︆ spoken to a quack opaque CSP and that good enough for them to go ahead︇ because the price is cheap :-(
I have not met a single person that has set up a US︅ LLC that has any clue what they are doing. 99.9% have read a blog or︆ spoken to a quack opaque CSP and that good enough for them to go ahead︇ because the price is cheap :-(
It is also possible in USA to open accounts without having to go there. You need to go through an introducer and fees are usually higher than Cyprus for the set-up. However︀ once you are there the wire transfers in US are much cheaper and they do︁ not ask you for paperwork for each transaction like Cyprus banks do now.
(And for︂ the record my company is also a direct introducer to Bank of Cyprus 🙂
(And for︂ the record my company is also a direct introducer to Bank of Cyprus 🙂
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