How to get a Special Passport in Armenia – from 1200 EUR
Foreigners who consider Armenia as their destination for permanent residence or as another backup plan in case they might face economic, political pressures in their country, may need more information about the options of obtaining a special residence status in Armenia. When applying for this document, a foreign […]
Read moreArmenia’s position as a new innovation center
When it comes to international centers of technology and innovation, the first that come to the mind are cities like San Francisco, London or Tokyo. And how about […]
Read moreCitizenship by investments in Armenia: instructions for a foreign investor
In this article we will present South Caucasian country, Armenia in terms of the possibility of obtaining Armenian citizenship by investment. In 2019, the state was included in the list of top countries that provide beneficial, quick, and which is most important – completely legal citizenship by investment […]
Read moreWhat is the difference between offshore and onshore companies in 2020?
The main difference between offshore and onshore companies is that offshoring means doing business in another / foreign country, while onshoring means doing business in a home country. Both types of companies have their good sides, and the main thing to decide is which company to go for. We at Offshore Pro Group are here to solve all your questions and concerns and thus help you choose the right way of doing business.
Read moreGreek residence permit by investment in real estate in 2020: prices, demand, perspectives
Greek residence permit by investment in real estate in 2020: prices, demand, perspectives
Every month residence permits for real estate in Greece are growing in demand. Real estate prices in Greece are also on the rise, so is the number of tourists to saturate the […]
A corporate account in a German bank for E-commerce companies – from 3,999 EUR
Banks are often reluctant to open accounts for the companies involved with electronic commerce. At the same time, the number of such companies is rapidly growing all around the world. If you are looking for a reliable bank in a reputable European jurisdiction for your E-commerce company […]
Read moreA corporate account with a Swedish payment system for cryptocurrency businesses – from 14,999 EUR
Open an account with a Swedish Payment Service Provider (PSP) and cooperate freely with companies from Sweden and all other European states. This is an optimal solution for a crypto business especially if you have troubles setting up an account with a traditional bank. Below you can learn […]
Read moreHealth insurance for international living
We are happy to inform you that we have partnered with a Swiss company that is the worldwide leading advisor on international health insurance. This is a topic that is very often overlooked by individuals and their advisors. There are not many people in the world who are […]
Read more3 steps to set up an Offshore company
Offshore companies are in fact non-resident companies, companies that do not have business activities within the competence of their establishment. More specifically, offshore companies have three characteristics: First, they need to be registered as an entity within the jurisdiction of the establishment. Second, founders should reside outside the country of establishment. Finally, the company should conduct most of its transactions outside the jurisdiction of the establishment.
Read moreEverything you need to know about offshore companies
An offshore company is a company established abroad that provides business and economic advantages that a company registered in the home country of the owner cannot. Although offshore companies sometimes do not have a good reputation because they are often used for so-called money laundering, their possession and use are actually completely legal, and they are popular because they make business easier and less expensive.
Read moreCan banks ask where your money comes from?
Banks must assess the risk of whether its products and services could be misused and used for money laundering and terrorist financing purposes. Banks are therefore required to know their clients well, to understand the purpose and intent of the business activities, and to understand the origin of the assets that are the subject of the business activity or transaction. In this way, banks contribute to the entire cash flow system in the fight against money laundering and terrorist financing.
Read moreWhich country is the best for opening a corporate account?
Regardless of the type of business you are in, it is necessary to open a corporate bank account for your business in order to differentiate the income that your company generates from your personal income. Opening corporate accounts is one of the most difficult steps in the entire offshore business process, so the assistance of Offshore Pro Group might be a good idea in order for the entire process of the account opening to be completed successfully.
Read moreIs offshore banking safe?
Although offshore does not have its own concrete definition, we explain it as a business opportunity “off the coast”. When it comes to business, offshore refers to doing business through banks, companies and transactions in foreign countries. Offshore banking can be explained in very simple words; Banking in a country where the individual is not resident. An offshore zone is a country or region that, due to the existence of a very favorable fiscal regime, is chosen as the place of legal adoption by those natural and / or legal persons who want to optimize their taxes, although often the business is conducted elsewhere and not in that particular country and there are many types of offshore bank accounts.
Read moreCan you open an offshore bank account without going to the bank?
Offshore bank accounts are accounts that are opened in banks that are “off the grid”. Offshore banks are banks that operate in offshore states and typically offer special privacy services, better banking secrecy, and private banking for people with high-value assets. It is a bank abroad that takes special care of customer discretion and secrecy of operations in bank accounts and is usually located in global financial centers such as Switzerland, Austria, Hong Kong, Panama, Belize and many other offshore and non-offshore countries.
Read moreHow can you offshore your company?
An offshore company is a company that is legally established abroad in one of the countries where there are economic, business or life advantages over the own country. For entrepreneurs, an offshore company is often a legal solution to protect property, money, real estate, stocks and various international investments. Simply put, an offshore company is actually a business with advantages and does not have a single universal definition. In most cases, offshore for domestic entrepreneurs means doing business with companies abroad.
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