Poll: Top Tax Heavens whatyou thinkg?

[SoFast]

If we need PayPal account and bank account Cyprus is the best I read!

 

[negon]

I want to know how satisfied you are with a Belize company if you own one? I vote for this.

Total satified, it works just fine for me

 

[belarus]

What do you think about Mauritius as possible offshore jurisdiction is it complicated?

 

[bastard]

Cyprus, Belize and Dominica are the jurisdictions I'm looking into right now.

 

[negon]

What do you think about Mauritius as possible offshore jurisdiction is it complicated?

They were used to be great in the past. Today they are similar to all others. Only difference is that there is an Acquiring bank there that may be able to procees merchant applications.

 

[negon]

If we need PayPal account and bank account Cyprus is the best I read!

True, at least it is easier to get it setup. Otherwise Scotish LP could be an option too!

 

[belarus]

They were used to be great in the past. Today they are similar to all others. Only difference is that there is an Acquiring bank there that may be able to procees merchant applications.

Thanks. Chance you know what merchant account providers name is there?

 

[wolverin]

Belize Company looks good! I torn between Belize and Seychelles!

 

[diablo]

Belize because they don't have a public registry and we know we can get a bank account

 

[happyjohn]

Belize because they don't have a public registry and we know we can get a bank account

let's hope it stay that way!!

 

[mnschwarz]

Belize Company looks good! I torn between Belize and Seychelles!

Belize and Seychelles are both good options. I think you'll be happy no matter which way you go.

As for best jurisdiction, I would say it depends on the needs. there's no one size fits all. I would say something like Panama for Personal tax residency, Seychelles for foundations & tied with Belize for IBC, Mauritius maybe for banking. But this just suits my needs. I don't need access to the EU for example.

 

[cutmetwo]

right now Seychelles with special documents and after January 2018 Belize with normal documents.

 

[cutmetwo]

Belize and Seychelles are both good options. I think you'll be happy no matter which way you go.

As for best jurisdiction, I would say it depends on the needs. there's no one size fits all. I would say something like Panama for Personal tax residency, Seychelles for foundations & tied with Belize for IBC, Mauritius maybe for banking. But this just suits my needs. I don't need access to the EU for example.

Do you know what the costs are for a Panama and Mauritius entity? any special requirements to form a IBC there?

 

[mnschwarz]

I

Do you know what the costs are for a Panama and Mauritius entity? any special requirements to form a IBC there?

It will depend who you use. I think I paid a local lawyer $1100 for my Panamanian company. Mauritius I'm just interested in for banking. I've had quotes for $500-$1000 to open a bank account there.

 

[Internationaloff]

I

It will depend who you use. I think I paid a local lawyer $1100 for my Panamanian company. Mauritius I'm just interested in for banking. I've had quotes for $500-$1000 to open a bank account there.

$ 1,100 for a Panamanian company with or without Nominee Directors?

 

[mnschwarz]

$ 1,100 for a Panamanian company with or without Nominee Directors?

Without.

 

[sirjones]

Belize and Seychelles are both good options. I think you'll be happy no matter which way you go.

As for best jurisdiction, I would say it depends on the needs. there's no one size fits all. I would say something like Panama for Personal tax residency, Seychelles for foundations & tied with Belize for IBC, Mauritius maybe for banking. But this just suits my needs. I don't need access to the EU for example.

Do you think or even know if this will change in the near future?

 

[mnschwarz]

Do you think or even know if this will change in the near future?

There's no telling what will happen in the future. I gave up trying to predict such changes a long time ago. Tax enforcement is a constant ongoing battle and changes are being made every year. All we can do is work with what is currently available and adapt as necessary.

 

[HeartyHandshakes]

My vote was for HK but I'm leaning towards Gibraltar which isn't even on your list.

 

[christo14]

I've been reading plenty about Gibraltar. Seems banks are still quite friendly to this jurisdiction and getting a merchant card facility to take payments is also possible. I've still not made my mind up but my short list is getting shorter, pretty much down to UAE, Singapore, Gibraltar & Cyprus ...

My vote was for HK but I'm leaning towards Gibraltar which isn't even on your list.