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Strategic Offshore Setup: Tax Efficiency and Privacy in Business Structuring

Primat2024

Mentor Group Gold
Sep 28, 2024
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www.kraken.com
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Hey friends,

I've been reading a ton on OCT and it's driving me crazy. I'm planning a fresh start where I’ll be acting as a “ghost” right from the beginning.

My plan is to move to a low or no-tax country. Once I get there, I'll set up a brand-new computer configured as discussed in the "Lenovo thread," with the operating system on Tails as outlined in the thorough guide from Mentor Group Gold. I'll also be getting an extra passport and some "other" ID as I read about in the Mentor Group.

The plan is to set up an offshore company in the Cayman Islands as the parent company/holding company. Under that, I'll establish a UAE company, and then underneath that, a UK LTD, Swiss AG, and German GmbH. These companies in Europe are meant to be front companies for legitimate business activities where it's crucial they don’t attract much attention and present a professional image.

I've sketched it all out on a large sheet of paper, and it looks really solid. Now, the question arises - what’s the best approach with banking for these companies?

I figure the approach is to establish the European companies first, set up bank accounts for each, move in some funds, then connect them to the UAE company, which in turn will link to the Cayman Islands company.

I’m aiming to avoid rejections and lengthy explanations.

Crypto is also in play here, with a few good hints and information from the Mentor Group’s threads on wallets and related ideas that got me started on this path.

I’m convinced this is a solid master plan.
 
Unless you never have been on social media then to act as a ghost requires a new identity where you don't mess up with the security of your device you accessing the Internet with. That's rule number one.
 
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I'm surprised that more people haven't responded to your questions.

Since you mention that you're willing to move to the country that best suits your needs, it's not hard to suggest relocating to Dubai or Monaco, depending on how much money you have and how much profit you make annually. Company structures in Europe are straightforward, and any accountant or consultant can help you with that.

Once you've decided where you want to live (which is the most important thing right now), you can start on the company structure, but not before.

As for the rest, it’s technical. You can likely find someone to help you or do most of it yourself if you’re somewhat tech savvy.
 
If possible Dubai or Monaco I agree. For some people it's not an option to live any of these places and they may want to look into countries like Bulgaria, Cyprus and Portugal which have been discussed here. They are not 0% tax countries but they are some of the lowest with income tax.
 
Hey friends,

I've been reading a ton on OCT and it's driving me crazy. I'm planning a fresh start where I’ll be acting as a “ghost” right from the beginning.

My plan is to move to a low or no-tax country. Once I get there, I'll set up a brand-new computer configured as discussed in the "Lenovo thread," with the operating system on Tails as outlined in the thorough guide from Mentor Group Gold. I'll also be getting an extra passport and some "other" ID as I read about in the Mentor Group.

The plan is to set up an offshore company in the Cayman Islands as the parent company/holding company. Under that, I'll establish a UAE company, and then underneath that, a UK LTD, Swiss AG, and German GmbH. These companies in Europe are meant to be front companies for legitimate business activities where it's crucial they don’t attract much attention and present a professional image.

I've sketched it all out on a large sheet of paper, and it looks really solid. Now, the question arises - what’s the best approach with banking for these companies?

I figure the approach is to establish the European companies first, set up bank accounts for each, move in some funds, then connect them to the UAE company, which in turn will link to the Cayman Islands company.

I’m aiming to avoid rejections and lengthy explanations.

Crypto is also in play here, with a few good hints and information from the Mentor Group’s threads on wallets and related ideas that got me started on this path.

I’m convinced this is a solid master plan.
You are over complicating things. But if you like drawing flowcharts and spending time with bank monkeys it’s perfectly fine.
 
Crypto is also in play here, with a few good hints and information from the Mentor Group’s threads on wallets and related ideas that got me started on this path.
That's a good start at least.

The plan is to set up an offshore company in the Cayman Islands as the parent company/holding company. Under that, I'll establish a UAE company, and then underneath that, a UK LTD, Swiss AG, and German GmbH. These companies in Europe are meant to be front companies for legitimate business activities where it's crucial they don’t attract much attention and present a professional image.

It can certainly work, but the costs of maintaining all these companies are quite high per year. You need a fairly large turnover with good profit margins for it to be worthwhile. I also think you might be overcomplicating things a bit.

If you’ve gone through the threads in the Mentor Group, I’m sure you must have missed something, as you haven’t found a significantly easier and much more cost-effective way to do this.
 
I did, can you say how ?
You can now find many information in the gold section and you can contact people who can help you.
 
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