Reputable bank for an Incorporated company in BVI?

[Andrew Gooden]

You should change that thinking. My lawyers are my best assets. They make me (or sometimes save me) more than they cost me!

Thanks for the wise advice, I will take it under consideration. Cheers!

 

[JohnLocke]

I agree with @mnschwarz lawysers and accountants can be of great help when you plan your business future and structure. On the other side I also understant you @Andrew Gooden when one look into what we are all into then it is most often not a wise decision to involve to many people in what we are doing.

However you turn it, you will need some professional advise from someone you trust.

 

[Milky Moon]

I agree with @mnschwarz lawysers and accountants can be of great help when you plan your business future and structure. On the other side I also understant you @Andrew Gooden when one look into what we are all into then it is most often not a wise decision to involve to many people in what we are doing.

However you turn it, you will need some professional advise from someone you trust.

Lawyer have an obligation to keep their mouths shut. When your lawyer contacts a accountant normally this also applies to them in that process. Besides you select you lawyer based on his/her expertese.

Besides, tax reduction is only one issue they take care off, the other is getting advice in 'minimising UBO disclosure requirements'. The nice thing is that most of it is fully legal, so it makes you sleep very well as well.

 

[Andrew Gooden]

I agree with both Admin and Milky Moon, but the trouble is how much one should tell a lawyer. Why should one open their shirt and bare their chest? Then again some lawyers include accountants are crooks. I guess that one have no choice in the matter. Eh!

 

[JohnSeed]

Never tell anyone too much. It could be your ticket to prison.

 

[ARM1]

It looks like HSBC in London England will open an account for our registered BVI company. Before I proceed with the application, can anybody direct me to a tax specialist who can confirm if there are any capital gains to be paid on global investors investments or if it will be a tax neutral environment?

Thank You in advance

 

[Mark Rucken]

Never tell anyone too much. It could be your ticket to prison.

Depends what you do, but no clean Lawyer or Tax Consultant would like to deal with someone worried ending up in prison.

 

[Martin Everson]

It looks like HSBC in London England will open an account for our registered BVI company.

Did your agent tell you this?

Before I proceed with the application, can anybody direct me to a tax specialist who can confirm if there are any capital gains to be paid on global investors investments or if it will be a tax neutral environment?

I would seek opinion from one of the big four in this case.

 

[Mark Rucken]

Did your agent tell you this?



I would seek opinion from one of the big four in this case.

If you are worried you might end up in jail due to your business, then I suggest you avoid BIG4

 

[ARM1]

Did your agent tell you this?



I would seek opinion from one of the big four in this case.

My business partner who lives in London England spoke to HSBC directly. I will be doing a follow up myself this week. I am still seeking a reputable tax consultant who is knowable with offshore companies. Thank you for your feedback Martin.

 

[Martin Everson]

I am still seeking a reputable tax consultant who is knowable with offshore companies. Thank you for your feedback Martin.

You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

https://www.applebyglobal.com/

 

[Andrew Gooden]

Appleby firm seem very legal and professional. Great Share!

 

[Andrew Gooden]

You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

https://www.applebyglobal.com/

You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

https://www.applebyglobal.com/

Have you used them before? What the experience like?

 

[ARM1]

You may have to go with one of the big 4 (i.e PWC) and I don't say that lightly. . Otherwise speak to a large reputable and specialist offshore law firm like Appleby and explain what you are trying to achieve. They have offices in the BVI and their service is good.

https://www.applebyglobal.com/

Thank you very much..... I am going to follow up and share my findings.

 

[fshore]

Banking in the UK will not make the company tax resident there.
However your UK resident partner might..

 

[Martin Everson]

Have you used them before? What the experience like?

Yes I have used them once when I gave up trying to understand the implications of what I was trying to achieve at the time. I also read a lot of their publications which are scattered around the internet.

 

[Milky Moon]

Offshore magic circle - Wikipedia

This would be your prefered list. They do not come cheap but they are the specialist.

You have to realise, an offshore construct is nothing if you cannot bank. So you have to ensure the picture you paint them is clear and your goals are also clear. Tax minimalisiation is something these lawfirms have no problem with. Privacy, UBO shielding also is their daily business.

If you are looking for money laundering, or placing illicit funds into the financial system these are not you helpers.