Simple offshore trading company where to start to get a good setup?

[castro]

Where do we have to register our offshore company for trading purpose and simple business? I don't want to file fiscal reports, accounting and all that stuff, I want a simple to go offshore company, please explain where to setup.

 

[JohnLocke]

Well opening a thread ans asking for this is okay, but you may as well‌ do a search on this forum to find many useful answers and information to your‍ questions.

Also elaborating to give us more details about your situation would help to tell⁠ you where it may be suitable for you to incorporate your offshore company.

To start⁤ with a Seychelles company could be a option, FYI please learn more about Why the⁣ Seychelles here; Why Seychelles? - Blogs - Offshore Company Forum

 

[henrick]

You may start with a simple Offshore IBC to learn how things work 🙂

 

[JohnLocke]

Agree, if you don't know yet what you are looking for but‍ want to get started with a simple setup you may want to look into a⁠ Seychelles company, it's pretty easy to incorporate.

 

[ace]

Wonder how a Panama or Mauritius company would fit into this?

 

[dominic]

It seems for banking Mauritius is a valid option.

 

[stephenbestel]

Unfortunately Mauritius would not fit since they got file a financial summary.

Hence, a seychelle's‌ International Business Company (IBC) would best suits you.

Also, I always tell my clients, if‍ you are going offshore it is obvious that you want to hide something. Based on⁠ the degree you are looking to hide, you need to look what is the best⁤ for you. In other words, incorporation may be easy but offshore need to be handle⁣ with good care 🙂

 

[cosmo]

Simple = Seychelles IBC + Cyprus bank account = Great and Simple Offshore company😎

 

[stephenbestel]

Why Cyprus bank account bunderswer?

 

[cosmo]

Because if the banking secrecy‌ in Cyprus.

 

[warrior]

there are tax reasons as wellthumbups Same could be done with a Mauritius company +‌ Cyprus company I think.

 

[JohnLocke]

The trick lay in the EU non EU setup.

 

[castro]

I decided to open a Cyprus bank account because of the fact that Admin say.‌ Also because of the banking secrecy in Cyprus that seems to be very good protected.‍

 

[hugger]

How do you propose to transfer the money from Cyprus⁠ to where you live (so you can spend the money)? And without alerting your country's⁤ IRS?

 

[castro]

I transfer the money from the SC companies bank account to the Caribbean account and‌ from there to a Payoneer account 🙂

 

[hugger]

What is a Payoneer‍ account?

And how do you use it to get sizeable amounts of cash out of⁠ the Payoneer account?

 

[hugger]

If you have set‍ up your Payoneer account in your own country, then any transfers from your Carribean account⁠ to your domestic Payoneer account will be very quickly Red Flagged for investigation. All transfers⁤ from tax havens and suspect countries are routinely checked by the authorities.

 

[JohnLocke]

Actually it is‍ a great solution and also a rep. from Payoneer is here on the forum their⁠ website is here: Global Payments, Payroll Services & Money Transfer | Payoneer

It is working⁤ for most who are looking for a Debit Card to verify their PayPal account and⁣ other purposes.