I totally agree with you, if you have the budget to setup a Foundation and trust and from there operate your regular IBC's it makes everything much more flexible in tax and privacy matters,That's of the best setups I have seen and be operating for privacy purposes. Foundation in the Seychelles and a Trust fully operated by 3rd party in Cyprus!
Thanks happyjohn, my business is going strong can't blame anyone.You got it? how is your business going so far? I'm always happy to see new people starting out with their offshore corp.
Do you have such an setup? If so can you confirm what the total costs are to setup a foundation and trust owning a Seychelles IBC?I totally agree with you, if you have the budget to setup a Foundation and trust and from there operate your regular IBC's it makes everything much more flexible in tax and privacy matters,
I'm not going to reveal what setup I have exactly' date=' but the total costs for it is roughly 8000 Euro was a Little difficult to get setup even if I got great support from Admin's sales support. Today I'm happy to have spend time & Money on it![/quote']
You mind to send me an PM about you setup? maybe we can discuss various setups or compare each others to find an even better solution that can benefit all of us
The Trust & Foundation model in the Seychelles is one of the tightest and best setups to stay anonymous overall!! I have yet to see something that will be better dind't find it so far.If you have some sort of large business, holding or Investment Company doing 6 figures amounts you could consider to setup a Foundation or Trust to hold shares in your offshore corps. You would get a factor 100 in asset protection doing so. As Admin pointed out you want to do some more research on the forum also on Google!
It's working indeed pretty good and was "easy" to setup compared to other offshore jurisdictions. Only the costs are pretty high if you ask me I find it a little over priced anyway I'm happyThe Trust & Foundation model in the Seychelles is one of the tightest and best setups to stay anonymous overall!! I have yet to see something that will be better dind't find it so far.
Thanks averagejoe' date=' the problem is that I would like to know an answer to my question specific because I'm confused if it really is what I want to setup or if there is any other entity "form" that I want to look into.[/quote']
I would not consider Panama Company formation at any point any longer, the time is over where you can use this jurisdiction for anything useful.
Panama as an offshore jurisdiction seems indeed to be over. Some may want to look into different jurisdictions like Anguilla, Costa Rica, Seychelles and so on. There are still offshore jurisdictions worth to look into.I would not consider Panama Company formation at any point any longer, the time is over where you can use this jurisdiction for anything useful.
Now it is defiantly over anyone still speculating in the Panama company formation is either stupid or lives under a rock. With all what is going on there I wouldn't at all costs avoid this offshore jurisdiction, it is dead finally!Panama as an offshore jurisdiction seems indeed to be over. Some may want to look into different jurisdictions like Anguilla, Costa Rica, Seychelles and so on. There are still offshore jurisdictions worth to look into.
After all how is it going? Panama is not a possibility.Yeah ofcourse I'm happy with my setup.. me and my partner have spend lot's of money and time to get it all setup the way we wanted. We are thankful to the help we got on the way through the process.
So did you do it or you never got any further with your plans?Sure I don't mind. I setup a Seychelles Foundation, owning a Panama corp that owns a Seychelles corp that owns a Cyprus corp which I'm using for Trading Worldwide! has been costly and a Little complicated to setup, but it Works as I hope it woud do!
How did it go? What were the Issues you faced regarding with Panama? I hope you could share some experience hereAwesome I just had to terminate the entire structure I had made during the last year because of this shitty Panama issues!
This shitty issue called as Panama Papers. Search on net, youll see 100s newsHow did it go? What were the Issues you faced regarding with Panama? I hope you could share some experience here