Where to setup company for best privacy in 2020 ?

[Spinat]

I hope some of you guys can help to vote for the country / offshore‌ jurisdiction you think provide the best privacy and anonymity for people in 2020!

You want‍ to post why you think the jurisdiction you vote for is the best.

Also no⁠ that a offshore company without bank account is worthless so consider options to open an⁤ EMI or bank account for the company you vote for and you may include details⁣ in the post you make.

 

[Sols]

Best for what? For who? Living where? Under what circumstances? Turning over how much money?‌

For purely privacy, it's probably Wyoming, Delaware, or New Mexico LLC.

 

[lavel]

in the past we could just setyp Seychelles company + Cyprus bank account one destination‌ fits for 99% of the audience on offshorecorptalk.com

with this we had total privacy regardless‍ where we lived and no reporting regardless where we were citizens.

Is that what you⁠ try to get answers to here @blueweb ? If so, Wyoming LLC looks to be⁤ the answer with TW account.

 

[Marc Jacob]

+1, for what kind of business ? and... for operating companies, for passive incomes,⁠ for holding... This question stated this way looks a bit childish, isn't ?

 

[Spinat]

well well, maybe you are right but I believe there are users around‌ here which find this of interest.

 

[neweraoffshore]

I would say complete USA is the best to go in 2020. All jurisdictions like‌ Florida, Wyoming, Delaware and even not so popular states like California, Alaska, Washington etc. have‍ their pros and cons. It always depends a little on what you want to do.⁠ Of course Florida, Wyoming and Delaware are the most popular and mostly fit 99% of⁤ standard needs.

 

[erni]

If they don't change anything in the near future I say Wyoming LLC has great‌ privacy to offer.

 

[Piano]

Why a Wyoming LLC has so much privacy to offer ?

does it not matter‌ where you open a bank account for this LLC ?

 

[blizz]

for sure wyoming llc wouldn't consider anything else.

 

[erni]

You can setup a TW or other EMI account for this company, that way you⁠ won't have to worry about your privacy, check mentor gold for more info.

 

[Mercer]

Marshall Islands (bearer shares). And you can increase the anonymity level through a 'proxy' in‌ the middle to purchase the shelf, handing over to you the shares along with a‍ full power of attorney.

 

[erni]

why would you use bearer shares while the bank will request to have these in‌ custody? most banks will anyway refuse to accept a bearer shares company!

 

[Mercer]

One solution here: Most Anonymous offshore structure. (No bank needed)

 

[ImKing]

What banking is available for a⁠ Marshall Island company?

 

[Mercer]

Marshall Island is a jurisdiction. You can choose any banks you consider are appropriate for‌ your operations.

For instance, you can look for <Luxembourg, Monaco, UAE, Singapore banks>.

You should‍ avoid Hong Kong because it belongs to China (they haven't heard of democracy, rights, privacy...),⁠ in all its entirety, meaning a degree of surveillance US x 2.

Hong Kong was⁤ indeed before being 're-acquired' by China, the next best thing after Swiss.
Now, its just⁣ China.

 

[zzzzzz]

Why is everybody so excited about USA? Every LLC with foreign owner has to file‌ Form 5472 and Form 1120. Are you OK with sending this data to IRS?

 

[Sols]

Maybe you know of other reputable jurisdictions with zero tax and⁠ low costs that don't require UBO disclosure?

 

[Piano]

All of these territories don’t close owner details to your government ?

 

[glengoolie]

isn't privacy the entire point of trusts?

foo bar baz to fill the minimum word‌ count

 

[JohnLocke]

You want to look at the US based at the moment, they don't. but it‌ can change anytime soon if it not already have.