Setting Up an Anonymous, Low-Cost Tax-Free Company Globally in 2024 with Minimal Compliance Requirements?

[EliasIT]

Russia may be better right, there is no information exchange at all between Russia and the rest of the world.

yes but you have problems with banking if you have to use banks, as you may know!

 

[Brutus]

@webangel the problem with your suggested setup is the banking which is not anonymous at this point. You would need something more in order to avoid your name appear in banking transactions, that something is discussed in details in mentor group gold for years.

You have to get your nominee or director or someone else to open the accounts.

 

[drphantom]

Technically managing a US LLC from Panama could be considered having a fixed place of business in Panama but unless you do business with locals how do you think they will be able to identify a solopreneur operating a shopify store from his laptop or a consultant doing zoom calls?

very good point, they won't recognize Panama or the US as place where business takes place.

 

[Houdini]

It might seem that way but the forum is more active than ever (I think), thanks to a shift in focus towards residence and compliant solutions. There is way more to discuss, research, and discover now than previously.

OCT in 2009: just form an offshore company in Seychelles and open a bank account in Panama, you'll be anonymous.
OCT in 2014: just form an offshore company in Seychelles and open a bank account in Panama, you'll be anonymous as long as there are no TIEA requests which Seychelles and Panama both often don't respect if they sign them at all. Just don't be a US citizen.
OCT in 2019: just form an offshore company in Seychelles and open an EMI account. Maybe it's anonymous? Probably not for long.
OCT in 2024: set up residence in X, form a company in X or Y, and get a bank account in X, Y, or Z. You won't be anonymous but with the right structure, you'll be out of scope of taxation in your home country. Also here are some ways to cash out crypto. Plus information about nominees, lawyers, corporate service providers, and more.

Those who keep up with the times won't struggle. Those who are still looking for that 2009–2014 (if not even older...) era offshore financial services industry are falling further and further beyond each year.

very nice explained and good to check past history