UBO / AEOI

[ms20]

Hi,

made a post about it before and i got my issue solved out.

Just out of interest:
Someone recommened me a Stiftung/Foundation, because these wouldn't have a UBO.
It might be legally correct, but how are the banks seeing it?

Besides several countries -with their pros/cons- not doing the AEOI,
how do you see the USA as "Non-AEOI" with their intergovernmental agreements?

 

[negon]

Have you tried to contact a agent in Reno, NV USA Incorporate in Nevada | LLC, Business License, Incorporation | incorporate.com it is pretty cheap and seems to be the new hit around to avoid taxes.

Some information City of Reno : Business License Division they are the NEW tax heaven as strange as it sounds!

So far I have no idea how all of this works but I'm doing lot's of research since the medias around are full of information that this is the new tax have in the USA!!

 

[belarus]

Nevis & St.Kitts is the same as Reno ?

 

[ms20]

without looking at the City of Reno yet, is it "just another" choice of offshore jurisdiction or can it be usefull in not reporting the UBO of a bank account? Will the US report?
Does this foundation structure really work with banks to avoid reporting a UBO?

 

[belarus]

Well I would like to learn more about Reno and even to find a CPA or company formation agent that know something about this!! so far I'm struggling to find anyone that is able to get me clear answers!

 

[Internationaloff]

belarus said:
Nevis & St.Kitts is the same as Reno ?
Click to expand...

No.

Toggle signature

​

 

[JohnLocke]

belarus said:
Well I would like to learn more about Reno and even to find a CPA or company formation agent that know something about this!! so far I'm struggling to find anyone that is able to get me clear answers!
Click to expand...

Open a thread in the public forum and see if some CPA or service provider will respond!

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[ms20]

Any comments on the Foundation? Does that work or is it a hoax?

 

[Internationaloff]

ms20 said:
Any comments on the Foundation? Does that work or is it a hoax?
Click to expand...

What kind of comments on the Foundation?

Toggle signature

​

 

[ms20]

Internationaloff said:
What kind of comments on the Foundation?
Click to expand...

If the foundation is the shareholder of a company, how do banks see it?
Do they consider the foundation with the purpose as UBO or the founder of the foundation, person who has authorized signature?

 

[Internationaloff]

The founder is NOT an Owner NOR one who controls the foundation.

Toggle signature

​

 

[ms20]

thanks. but are the banks accepting it or they still want to look for an UBO?
Any experience?