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Hi mange38, would you mind explaining what you mean by using 2 dormant UK LTDs and 1 IBC? I would definitely be interested in hearing a bit more detail about the structure you described.
I made a typo, sorry. You can have 1 dormant LTD and 1 IBC as members, the LTD would file as dormant and wouldn't get any profits so 100% goes to the IBC tax free.

The problem is how to get banking for this setup because they "rate" the LLP based on the worst member (means, banking for such llp will most likely be as hard as for an IBC). Also most if not all offshore jurisdictions have substance rules nowadays, including Seychelles.
 
Having just stablished a new IBC in the Seychelles I’d say Fidelity were faultless.

Quick, professional, not too expensive and communicated effectively. Admin has a thread somewhere where he states he has first hand experience with them also.
 
Is anything in this thread still possible and doable or can we consider the time to be over?
 
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