Whilst Seychelles IBCs have some of the most extensive privacy features of any IBCs in the world if an IBC alone is established to do business abroad, (and underlying legal ownership of the IBC were ever discovered) you may leave yourself vulnerable to attack by Creditors, Lawyers or Revenue Collectors. On the other hand a PIF alone can be an awkward structure with which to do business and invest as everything has to be handled by a Councilor, there is a limit on the kinds of business a PIF can ...
There had been a post about a chat with a debt collection solicitor concerning what he thought were, and were not effective collection tools. I claimed that this collection attorney didn't find wage garnishment to be a good collection tool because wage garnishment regularly drove debtors into insolvency. I received different opinion from another experienced collection solicitor from the Tampa area who writes : "I could not disagree more with whomever disparaged wage garnishments.12288;They ...
Well, one of the common questions we receive from clients are why we are unable to open Merchant Accounts for businesses outside of Europe and why we can register companies in the Seychelles, Belize and BVI but can't open merchant accounts for such companies. The answer seems as easy as the question, according to Visa and MasterCard cross border regulation it is not allowed for a bank in Europe to take on merchants which not have a EU presence, that means companies located in the ...
When you consider registering an offshore company in any offshore jurisdictions and you main income comes from your online business, you will quickly find it difficult to open a offshore bank account and to find any payment services provider which will accept your business for credit card processing. An Offshore company is often considered as High Risk just because of its location in an Offshore jurisdiction, therefore it is important when you start your incorporation of an offshore ...
Offshore Company Forum 2008 - 2012 (c) CCLOGIC Ltd