St. Vincent LLC and bank account advice

Dr VexNew MemberAuthor

Joined: Feb 2020
Messages: 3

7 Feb 2020#1

Hello!

I am opening and offshore corp for trading Forex (CFDs) with a MAM account. I've been searching for the best way and country to incorporate so I've decided to go for a SVG LLC.

The incorporation process is an easy task, but I have some doubts about how useful a LLC in St Vincent is, if I could open in the near future a bank account on a country with no AEOI, I;m getting really paranoid with this stuff since I started reading the forum lol

In the meantime, which bank could you recommend me in St. Vincent for opening it fast remotely?

Thanks in advance!

EDIT: I was planing in the meantime a Tranferwise account, I've seen they allow business acc from st vincent, problem is FX stuff is not allowed (theory, because I have transferred from some brokers money to one personal account, maybe it's different for business accounts since they ask for business activity, maybe I can lie... put referral marketing instead lol)

Last edited: Feb 8, 2020

onemansomewhereActive Recruit

Joined: Apr 2020
Messages: 269

28 Apr 2020#2

Wrong structure. LLC in SVG is useless.

You will need absolutely new structure.

SpinatFake user - Alias of JohnLocke

Joined: Jan 2009
Messages: 2,452

28 Apr 2020#3

LoL I love your replies, nonsense and again nonsese. You say, Wrong structure and you need a new one, try to suggest one then.? This user is not even mentor group any longer so I'm afraid he won't read it.

onemansomewhereActive Recruit

Joined: Apr 2020
Messages: 269

28 Apr 2020#4

blueweb said:
LoL I love your replies, nonsense and again nonsese. You say, Wrong structure and you need a new one, try to suggest one then.? This user is not even mentor group any longer so I'm afraid he won't read it.

To be able to create exact structure, you have to write more about where you are a tax resident, where is tour residency, in which countries you spend more than 90 or 183 days per year, ...and many more details are necessary.

SpinatFake user - Alias of JohnLocke

Joined: Jan 2009
Messages: 2,452

28 Apr 2020#5

onemansomewhere said:
To be able to create exact structure, you have to write more about where you are a tax resident, where is tour residency, in which countries you spend more than 90 or 183 days per year, ...and many more details are necessary.

Finally you got it, why do you just post as below then, where does it make sense?

onemansomewhere said:
Wrong structure. LLC in SVG is useless.

You will need absolutely new structure.

onemansomewhereActive Recruit

Joined: Apr 2020
Messages: 269

28 Apr 2020#6

It is like when you visit a medicine doctor. If your problem is exactly seenable, the doctor see it and know it. He does not have to know how tu cure. But he knows, you have a problem...

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