Recent content by ZipZop

I appreciate your advises, this is actually the reason why I posted here. but let me defend my case. I made a "pre"study before choosing BVI. this is also mostly based on the facts that I don't want to reinvent something that already exist. Since I posted I had also the opportunity to speak to...

It's clearly a coin to stay with collateral etc. Switzerland , that we know very well, is not an option for now as it will take too long with Finma, etc. But we keep the possibility to move the company or establish a regulated branch afterwards there. For now, as we did everything in the wrong...

ok thanks for your answer. yes we'll be transparent, nothing to hide, it's not a shitcoin. any suggestions for banks? Switzerland may be too difficult, even Sygnum,etc. is there any good banks in BVI or any country which accept crypto companies? worst case I'll set up another company which will...

(I am sorry I posted the same in the Crypto forum and realized it was not the right place. how to I delete the other post?) Hi guys, For an ICO which will happen in April 2024 (platform 90% ready, whitepaper ready) I need to set up a company in BVI, is anyone has any experience in this field...

Hi guys, for an ICO which will happen in April 2024 (platform 90% ready, whitepaper ready) I need to set up a company in BVI, is anyone has any experience in this field and in this jurisdiction? a few basic questions such as: - Difficulty of the process? - Timeframe? - banking (for the FIAT...

P2P from Dubai to Russia, cash AED -->cash RUB. it will take the time to count the money and that's it. many players in Dubai are doing that with counterpart in Moscow city. you just need someone you trust to receive the money in Moscow for you. then he can put it in his account and do the...

Statrys the process is very simple and the fees transparent

legal background in Switzerland, now in UAE basically doing private equity advisory as well as Family office structures for CIS/Asian clients mostly. I am not a lawyer, especially not in Cook Islands or St-Kitt. but I stay updated about the different possibilities. my summary about the...

First of all, like almost anything, that only works on a preventive basis and not when a case is ongoing (bankruptcy process, legal issues,etc..) in my opinion, on the legal side, there is today nothing better than a cross-border protective asset Trust in the Cook Island jurisdiction mixed with...

Maybe I missed something... your income is USD 300k (so this will be your company income right?) in UAE the first AED 375k of profit (emphasis on the word "Profit" not income) are exempted, so about USD 100k. remaining is USD 200k . I assume you have some expenses (corporate but also personal...

just be aware the bank could make new KYC in case of change of UBO, especially with a sole shareholder. it's not negative but be ready with your docs

yes I agree you should always have 2-3 accounts open, especially in UAE. regarding the compliance, I experienced this morning a request for 7 transactions I did 5 months ago. as I am always prepared for that, they were pleasantly surprise that I answer less than one hour after I received the...

minimum 2% of employees number. so 1 per 50

biggest difference is the Emirati quota mandatory in a mainland company if you have more than 50 employees (quota is 2%)

worst case is when they close your bank account (they do not need to say the exact reason) and give you a cheque, but at the same time they put a notice at the central bank so it becomes basically impossible to cash out your cheque in another of your bank account (they are other ways tho but not...