Recent content by richardm1964

Thanks both of you for such nice discussion and interaction. My doubt was also the same. If a person or group have all the above four documents ready, whether they have to physically come to Cyprus or not? Now the same doubt has been cleared.

France has been slower than many of its EU counterparts to embrace a truly liberal business pattern. But the minimum share capital needed for SA company in France is €37,000, of which at least half must be paid up. The company must have at least seven shareholders. What are other requirements...

There is no fixed pattern for a company formation in France. There are several Options range from opening a small representative office to acquiring an existing company or setting up a new business from scratch. What is the best way according to you?

There are thousands of offshore banks all over the world. However the actual number of these banks is lower, because many banks are limiting the account opening to resident customers. So in practical these banks provide no offshore banking services. The most popular offshore banks are banks...

I think some more facts about India needs to be added. There is "single window policy" and "automatic route" opened for foreign companies/investments in India also. So many of such administrative delays are being minimized now. Sorry for double posting.

I think Norway is best suitable for incorporation of small and medium businesses based on oil and oil products. But the problem is 50% members of the board of Directors should be the people belongs to Norway itself.

You have described almost everything about simplified stock company or SAS in France. It has mainly benefited many foreign investors, particularly the US companies, who wish to set up subsidiaries in France.

An Offshore investment account is an offshore bank account that provides offshore investors with wide range of offshore investment products. Such investment account provides less limited opportunities both in terms of risks and earnings. There are thousands of offshore investment funds, offshore...

No mandatory currency conversion to US Dollar is essential in multi-currency offshore bank accounts. You can choose your own base currencies as per your wish. Almost all offshore bank accounts offers the facility to display multiply currency in just one account number.

The income tax levied by Greek tax authorities are quite high among all EU nations. Different types of companies are spreading their business base there due to large scale spending in infrastructure projects. I think among the four types of companies that you have mentioned, "Limited Liability...

Offshore savings account is similar to onshore savings accounts. The main difference is that, the interests generally paid by offshore banks are without tax deductions.It is an advantage to individuals who do not pay tax on worldwide income. Pl.comment and add more to my above post.

Offshore banking provides many advantages. So opening offshore bank account is probably the most efficient way of handling huge sums of money. But there are some risk involved as well. what are offshore banking risks?

Your privacy in certain offshore banking locations is at stake whenever there is any political changes relating to change in ruling parties that control the general administrations of the nation. Economic factors such bankruptcy, credit crisis and business losses etc may hampers the privacy and...

An Offshore merchant Account is a Bank account that provides the ability to accept credit or debit card payments from customers for goods and services. An offshore merchant account establishes a relationship between credit card processor, the bank and business willing to accept the credit card...

A Multi-currency account is simply a bank account, having a single account number, in which you can hold balances in various different currencies. For example, when you log in through internet banking, you may see a summary screen showing your balances in different currencies.