Like many here I've spent the years in the cheap, zero tax, anonymous structures/jurisdictions. And while it's still currently working it is getting increasingly harder (mostly for banking options). I find myself spending a lot of time constantly looking for, applying for (and often getting rejected for) banking options etc 'just in case' because I know it's going that way and I always need more backups.
I personally live in a zero tax jurisdiction, do nothing illegal etc and therefore I'm wondering if for ease, I might be better off forgetting the privacy aspect of having nominees, multilayered structures and so forth and just keep the banks happy with something as simple as an IBC (probably in a more reputable jurisdiction) and me as shareholder, director, the works etc. I do like my privacy but with nothing to hide, do you think the extra hassle is worth it? Or should I think about crossing that line in to 'the dark realm'? Thoughts?
I personally live in a zero tax jurisdiction, do nothing illegal etc and therefore I'm wondering if for ease, I might be better off forgetting the privacy aspect of having nominees, multilayered structures and so forth and just keep the banks happy with something as simple as an IBC (probably in a more reputable jurisdiction) and me as shareholder, director, the works etc. I do like my privacy but with nothing to hide, do you think the extra hassle is worth it? Or should I think about crossing that line in to 'the dark realm'? Thoughts?
