0% Tax PANAMA Offshore Company & 0% Tax Dubai Residence with NON-CRS Bank Account & Crypto Off-Ramp - DLS Offshore

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Fred

Fred

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Welcome to DLS Offshore which provides the Personal Business Setup Fred is using – Fred is Founder and General Manager of DLS Dubai since 2018 and very well-known on OffshoreCorpTalk.



DLS Offshore and Fred is providing you with the services OffshoreCorpTalk seeks the most:



0% Tax PANAMA Offshore Company without Audit and Accounting requirements together with NON-CRS (No Exchange of Information) Business Bank Account and Crypto Exchange Account (Crypto Off-Ramp Method) opening - designed and used by Fred - optionally with the possibility of 0% Tax Dubai Residence including Residence Visa, Personal Bank Account and Utility Bill as well as 0% Tax Offshore Consulting by Fred.



0% Tax PANAMA Offshore Company all-inclusive



Offshore Company Formation - no Audit & Accounting requirement with NON-CRS Bank Account (No Exchange of Information).



1. Offshore Company Formation in Panama - 0% Corporate Tax, 100% Privacy (No Public Company Register), no Audit & Accounting requirements, including Nominee Director.



2. NON-CRS Offshore Bank Account in Hong Kong and United Kingdom - no monthly costs and Flat Fee's on Transfers.



3. Crypto Exchange Account in Hong Kong including Off-Ramp Method - EUR/USD to USDT - USDT to EUR/USD.



Timeline - Costs



Timeline: 5 Business Days

Costs: 6,300 EUR



Payment Methods

Wire Transfer, SEPA Transfer, USDT (TRC20 – ERC20)





0% Tax Panama Offshore Company – 3 Case Studies





Reducing Taxes of your Dubai Freezone Company

Since Dubai and the UAE introduced 9% Corporate Tax with European Style Accounting and Bookkeeping a lot of DLS Dubai clients and People with Freezone Company Setups are looking to reduce their Tax Liability. The 0% Tax Offshore Panama Company with Nominee Directors is a possibility to invoice your current Dubai Company and shift profits in a Tax Neutral Jurisdiction in Panama with a lot of Freedom and possibilities to convert your funds Tax Free to Crypto, Stock and other investments or simply spend you hard earned money Tax Free.



Conducting International Business without Tax



For People who already sorted their Personal Tax Residence Situation - no matter if living in a 0% Income Tax Country like Dubai or living in a Territorial Tax Country like Malaysia or simply living as a Digital Nomad with a Freelancer or Nomad Visa the 0% Tax Offshore Panama Company allows you to make Tax Free Profits and use your valued Time for scaling and improving your Business or enjoying your Personal Life instead of spending Time and Money on Taxes, Accounting and Bookkeeping.



Cashing out Crypto



A lot of People are either early Crypto Investors and looking for a Solution to Cash Out their Crypto or they have an active Business which is based on Crypto or is getting paid in Crypto. The 0% Tax Panama Offshore Company is a Tax Neutral Vehicle without any Accounting or Audit requirements and due to the DLS Offshore expertise in the Crypto Market as well as having strong Banking Relationships you are able to get a 0% Tax Offshore Company with Crypto Exchange Account as well as transactional retail Banking for your Crypto Company.



0% Dubai Tax Residence all-inclusive



0% Tax Residence in Dubai with Employee Residence Visa, Personal Bank Account, Utility Bill & WPS Salary.



1. Dubai Residence Visa as Employee in Dubai Mainland Company managed by DLS Offshore and Fred - 0% Personal Income Tax.



2. Personal NON-CRS Bank Account opening in Dubai including Utility Bill for Proof of Address.



3. USDT to WPS Salary - use the Crypto On-Off Ramp Method we give you on hand with the 0% Tax Offshore Company all-inclusive to convert your USDT to WPS Salary with 0% Tax.



Timeline – Costs

UPON REQUEST – LIMITED AVAILABILITY



0% Tax Offshore Consulting by Fred



No matter if you are interested in Citizenship by Investment with Name Change, Holding Company Structures including Foundation and Trust Agreements or Crypto Exchange & Stock Brokerage Consulting including Consulting for reducing Tax of existing Companies in High Tax Jurisdictions, DLS Offshore and Fred get you covered.



We don’t only provide you with generic Consulting but give you Solutions, Setups and even Personal Contacts on hand – We are only providing Consulting for services we personal use for ourselves with great success.



Timeline – Costs



Timeline: 60 Min Consulting

Costs: 500 EUR



Personal Consultation via Video Call or Personal Consultation via Meeting in Dubai.



Personal Meeting: Saturday & Sunday



Personal Meeting Place: St. Regis Dubai The Palm



Contact Details



Website: www.dls-offshore.com

E-Mail: [email protected]

Phone: +971 52 2561744
 
Last edited:
read here the journey and idea which led to DLS Offshore:



Personal Word from Fred
 
Very very interesting service and I am tempted to go for it.



How do you arrange non-CRS status in very active CRS member states HK and UK?



Timeline is also fast and impressive.
 
Macy said:






Very very interesting service and I am tempted to go for it.



How do you arrange non-CRS status in very active CRS member states HK and UK?



Timeline is also fast and impressive.

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Certain Commercial Banks in Hong Kong like DBS Bank Hong Kong and Barclays Bank in UK providing Omnibus Accounts to Financial Institutions allowing a fast and effective Account Opening Process.



The client of the Bank is the Financial Institution with Omnibus Account opening on there clients behalf underlaying Accounts which are not reported under CRS.



We always recommend of course to sort your Personal Tax Residence as well to not only depend on NON-CRS Reporting however for clients who still live in a High Tax Country in the ongoing Tax Year the DLS Offshore Setup can build a bridge till the Personal Tax Residence is sorted.
 
Macy said:






Very very interesting service and I am tempted to go for it.



How do you arrange non-CRS status in very active CRS member states HK and UK?



Timeline is also fast and impressive.

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plotoffshore said:






+1 sounds really good for me, thinking.......

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Thanks for the positive feedback and yes indeed the Setup I did build is basically what everyone is looking for here on OffshoreCorpTalk.
 
Next time I need a setup, it’ll be yours. During the years you were active here on OCT, you delivered outstanding service above and beyond the usual, and you were exceptionally active and helpful.
 
Do you offer Golden Visas? They have some unpublished rules, like the employer needing to have at least 10 employees in order for the Golden Visa to be issued.



Also, out of curiosity - why Panama? It's on the EU's black list, so invoices from Panamanian companies aren't tax-deductible in some EU countries.

And if you invoice your own UAE company, transfer pricing rules become relevant. I'm not sure I would like to fight a transfer pricing case in Dubai...
 
Also, why Panama and not Bahrain, or a free zone company in Qatar or Oman? I'm just curious - I expect that you have explored such alternatives, so it would be interesting to hear your reasoning.
 
Sent you a WhatsApp Fred, keen to get on a call to explore the Panama option further
 
JustAnotherNomad said:






Do you offer Golden Visas? They have some unpublished rules, like the employer needing to have at least 10 employees in order for the Golden Visa to be issued.



Also, out of curiosity - why Panama? It's on the EU's black list, so invoices from Panamanian companies aren't tax-deductible in some EU countries.

And if you invoice your own UAE company, transfer pricing rules become relevant. I'm not sure I would like to fight a transfer pricing case in Dubai...

Click to expand...

There are solutions for everything - I decided to not gibe away so much for free like back in the days with DLS Dubai.



Every single client gets on hand what's required to make things work.











JustAnotherNomad said:






Also, why Panama and not Bahrain, or a free zone company in Qatar or Oman? I'm just curious - I expect that you have explored such alternatives, so it would be interesting to hear your reasoning.

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Bahrain, Qatar and Oman are all not streamlined when it comes to setting up companies - it's like back in Dubai 10 years ago if not even worse.



At DLS Offshore we provide a scalable plug & play solution which can be Setup remote - I was surprised myself that Panama goes through with such high street banks and that they especially have no issues with EUR Transactions either while Panama is on the EU Tax Haven List.



0% Tax Panama Offshore Company is to challenge similar kind of Setups like disregards US LLC pass through entity with EMI Banking (having issues lately opening EMI's such as Wise, Mercury or Relay) as well as Old School Island Setups like BVI, Seychelles etc.



When it comes to Personal Residence Bahrain, Oman and Qatar can be valid options of course.



We provide 0% Tax Dubai Residence via Employment in a Mainland Company with WPS Salary to benefit from a Credit Score to get Credit Cards and Loans from Banks as well as having a clean source of wealth and source of income - we can go as high as 100,000 AED Salary / Month + adding another 80,000 AED in Bonus if we choose a Commission based Designation like Sales Officer.



Our Dubai Residence Solution is unique and for everyone - needs to be discussed personally in detail.
 
Thanks for the prompt reply.











Fred said:






Bahrain, Qatar and Oman are all not streamlined when it comes to setting up companies - it's like back in Dubai 10 years ago if not even worse.

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Wouldn't that be interesting for a service provider like you, to make things easier for the clients?

Is Panama really more streamlined?











Fred said:






At DLS Offshore we provide a scalable plug & play solution which can be Setup remote - I was surprised myself that Panama goes through with such high street banks and that they especially have no issues with EUR Transactions either while Panama is on the EU Tax Haven List.

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So as far as I understood, you can open accounts with an EMI, and the EMI has high-street partner banks, but they have shared IBANs (under the EMI's name), so they cannot report them?

What if the EMIs stop serving Panamanian companies in the future, or what if the partner banks kick out the EMIs because they don't like the risk anymore?











Fred said:






0% Tax Panama Offshore Company is to challenge similar kind of Setups like disregards US LLC pass through entity with EMI Banking (having issues lately opening EMI's such as Wise, Mercury or Relay)

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Really? As far as I could see, there are lots of banking options for US LLCs?











Fred said:






as well as Old School Island Setups like BVI, Seychelles etc.

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I have heard about banking issues with such companies, but it seemed like many people were able to open accounts in Singapore or with different EMIs.



So in what way is the Panamanian setup superior to those options? You have found some banking options that work, but other people have also found working banking for US LLCs and companies from Hong Kong, BVI etc.

I'm not saying this as criticism, but because I think you have a lot of experience and done a lot of research - so it would be interesting to learn more about the benefits of your solution.











Fred said:






When it comes to Personal Residence Bahrain, Oman and Qatar can be valid options of course.

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Can you help with that as well?











Fred said:






We provide 0% Tax Dubai Residence via Employment in a Mainland Company with WPS Salary to benefit from a Credit Score to get Credit Cards and Loans from Banks as well as having a clean source of wealth and source of income - we can go as high as 100,000 AED Salary / Month + adding another 80,000 AED in Bonus if we choose a Commission based Designation like Sales Officer.



Our Dubai Residence Solution is unique and for everyone - needs to be discussed personally in detail.

Click to expand...



Can it be used for a Golden Visa? I have heard about cases where people met all the published criteria, but then the application was rejected because the employer had too few UAE-based employees, which was an unpublished rule. And I don't know what other rules there might be.
 
JustAnotherNomad said:






Wouldn't that be interesting for a service provider like you, to make things easier for the clients?

Is Panama really more streamlined?

Click to expand...

Yes, Panama is more streamlined and I was surprised myself.



Generally speaking Traditional Retail Banks nowadays hate small Island Companies like BVI or Seychelles - with this information I did start looking into "Mainland" Offshore Options which have been already established since long on a big scale and all was pointing into Panama direction.



At the end of the day it's South America so I try to avoid to deal with things on the ground in Panama as much as possible however the Regulations and Guidelines in the Panama Offshore Industry are clear and good to understand - no bad surprises like we had it in 2023 with the UAE.



Panama is full of Chinese and Subsidiaries of Chinese and Hong Kong Companies exporting on big scale to USA through Panama so this was the direction I was looking at when it came to the Banking.



Panama is very famous in the Hong Kong Banking Industry and way more accepted then traditional Offshore Jurisdictions like BVI.











JustAnotherNomad said:






So as far as I understood, you can open accounts with an EMI, and the EMI has high-street partner banks, but they have shared IBANs (under the EMI's name), so they cannot report them?

What if the EMIs stop serving Panamanian companies in the future, or what if the partner banks kick out the EMIs because they don't like the risk anymore?

Click to expand...

Very good question however you have the wrong understanding, lot's of high street banks entered the Digital Banking World and literally bought existing Online Banking Institutions like Santander baught Ebury and is providing the entirely Correspondent Banking Network.



So we are talking in the case of NON-CRS Banking Solutions about Virtual Accounts with High Street Banks dedicated in the Panama Offshore Company Name.



Clients who opt for our service can actually see our Wire Instructions on the Invoices provided.



Beside of the mentioned here we work directly with local Asian Banks like OCBC in Hong Kong or Singapore - it all depends on the Client Profile, Citizenship and Tax Residence established.











JustAnotherNomad said:






Really? As far as I could see, there are lots of banking options for US LLCs?

Click to expand...

No there aren't and lately even the existing options like Wise, Mercury and Relay stop on boarding new clients unless you show some substance and actually really rent an office or having Millions of $ of turnover and especially when you operate in the EUR SEPA Area there are beside of Wise not really any options as most EMI's still avoid US LLC because of the reporting requirements and responsibility the EMI has to fulfill then. With 1-2M USD you can open a High Street Bank Account in the US however that's far far away from the Pricing and approach DLS Offshore is offering here.











JustAnotherNomad said:






I have heard about banking issues with such companies, but it seemed like many people were able to open accounts in Singapore or with different EMIs.



So in what way is the Panamanian setup superior to those options? You have found some banking options that work, but other people have also found working banking for US LLCs and companies from Hong Kong, BVI etc.

I'm not saying this as criticism, but because I think you have a lot of experience and done a lot of research - so it would be interesting to learn more about the benefits of your solution.

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Well it already starts with the Offshore Company Formation - in Panama we have minimal KYC requirements we basically only need a Passport Copy and a Company Name to start the Formation Process while Jurisdictions like BVI and Seychelles received a lot of heat in the past you have endless KYC already on the Company Formation - seriously go setup a BVI Company in 2025 the Registered Agent has to ask go for all sorts of Documents and even being notarized like Passport Copy, Utility Bill and even several Months of Bank Statements including a Source of Wealth and then even yearly ongoing Account Fillings, Returns etc. all this is the reality in 2025 for Islands Jurisdictions like BVI and Seychelles - only KYC which is worse I can think of is latest Dubai Company Formation with having SUMSUB Selfie Verification and Video Call just for Company Formation.



Singapore - in fact OCBC Singapore - opens for BVI, Seychelles and other islands jurisdictions case by case however they ask for each currency 30,000-50,000 EUR/USD/GBP Minimum Balance so having OCBC Singapore Bank Accounts in USD and EUR has opportunity costs of 60,000-100,000 EUR/USD locked up for this money you can run the DLS Offshore Setup for the next 30 Years.



Another important point which needs to be mentioned - even when I'm not a Fan of it - there are always local Panama Banking Options available as well especially when you build a Transaction History with the Banking Setup we give you on hand - that's basically not existing with any of the Small Islands Setups - you don't get domestic BVI Banking unless you have Substance and a Business Nexus in the BVI, same goes for Seychelles and other Islands including US Banking with let's say Wells Fargo in US for a Non-Resident disregarded Single Member US LLC as pass through entity.



Another important point is the Nominee Director Industry which is common and widely known in Panama and accepted by the Banks while other jurisdictions like Dubai and the UAE not having any clear understanding or even guidelines for Nominee Director / Shareholder Structures with certain Agreements.



Don't worry you have good and valid questions and I'm happy to answer them so others can read as well and get a better understanding about our service - I can just repeat myself - DLS Offshore provides the Service this Forum is looking for the most and this is a streamlined and straightforward way.











JustAnotherNomad said:






Can you help with that as well?





Can it be used for a Golden Visa? I have heard about cases where people met all the published criteria, but then the application was rejected because the employer had too few UAE-based employees, which was an unpublished rule. And I don't know what other rules there might be.

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No we don't provide any Residence Services in any other Countries except the UAE - as mentioned earlier we only provide services and consulting for structures and setup we use by ourselves with great success and we are able to build a commercial service for it for people here in the forum.



When it comes to the UAE Golden Visa the major problem is that back on the days when it was introduced everyone got approved even without a Bachelor Degree and now they tried to improve compliance and having some Indian Call Center calling Universities in EU you provide the Bachelor from to check and verify - the University in EU thinks it's a Spam Call and even if not they don't share to 3rd Parties in accordance to EU Privacy Policies.



Our WPS Salary is in first place to Cash Out more funds Tax Free and at the same Time to build a Credit Score and get approved for Bank Loans to start building a Domestic UAE Property Portfolio for example.



As mentioned on the Post above I provide Offshore Consulting and Part of this is how to achieve the UAE Golden Visa in different ways who are still working streamlined and straightforward.
 
Would there be any running costs for the Panama setup?



And who's name would the crypto exchange and Bank account be in?
 
Will a shared IBAN be used for the bank account? Incoming transfers will be in the name of the Panamanian company, but it will be necessary to specify the Reference / Further Instructions / FFC field in the transfer, correct? Will outgoing transfers be made in the name of the company or the EMI?
 
Fred said:






Sorry, what's your point?

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I just stated a matter of fact after having gone through your marathon sales pitch. Which could be summarized as “We’ll pretend you are based in Panama/Dubai, sneak you into a Hong Kong bank, and cross our fingers that CRS doesn’t notice.”
 
TurnedToRobot2 said:






I just stated a matter of fact after having gone through your marathon sales pitch. Which could be summarized as “We’ll pretend you are based in Panama/Dubai, sneak you into a Hong Kong bank, and cross our fingers that CRS doesn’t notice.”

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That's entirely wrong.



The Setup we provide is independent from your Personal Residence - we are able to provide Residence Services in Dubai if someone wants to establish a 0% Tax Residence otherwise he is free to choose whatever Residence he wants with whatever Tax Situation the Residence has in place.



I'm no longer convincing people where they should move to - some are willing to move to a 0% Tax Residence Country, some want to live in a Territorial Tax Country and some just want to stay on a Tourist Visa somewhere in Asia forever - the 0% Tax Panama Offshore Company we provide is unrelated to your Personal Tax Residence.



We can Setup Company and Bank Accounts the same way for someone living in Germany like for someone living in Dubai - for someone living in Germany there is the Nominee Director Service we provide - it seems like you are very familiar with such a service as well and unlike many others here we do our job - like in the past - right and don't provide people with fake documents powered by Photoshop but rather tell the people to spend money and get a proper Nominee Director/Shareholder Setup done.



@TurnedToRobot2 let's not make this a discussion here about something everyone is aware of anyway - you have to move your Residence for a clear and lean structure - we both know people always try to find loopholes and possibilities for a shortcut - that's one of the fundamental elements here in the forum.



You provide a dedicated solution - we provide a solution for everyone which can be tailored depending on the clients individual situation as well as budget and requirements.



No bad feelings - I appreciate you being part of the forum and making me laugh all the time when I read your posts
 
Fred said:






we are able to provide Residence Services in Dubai if someone wants to establish a 0% Tax Residence otherwise he is free to choose whatever Residence he wants with whatever Tax Situation the Residence has in place.

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Is it possible to find out more about this? The company I setup with you which is up for renewal does no trading nor ever has, and I only use it as a means of maintaining Dubai tax residence. I'd be interested in whether there were other options to do this?
 
So, if I understand your setup, or rather, this package, correctly, it doesn't matter where I live; I can avoid having any activity and the equity of the company (which I have purchased from you) being reported to my home country?

I can also get a bank account for this company and use it for all business related activities?



Is that correctly understood?
 
Freetrade said:






Would there be any running costs for the Panama setup?

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Yes - Panama Offshore Company Renewal with Nominee Director Service - 3000 EUR.



Like in the past we assist with maintaining the Company, keep providing dedicated Support for Bank KYC as well as consulting the client ongoing for Crypto Cash Out and how to operate based on his individual situation.



I added this to the initial Post now as well.











Freetrade said:






And who's name would the crypto exchange and Bank account be in?

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We provide a standard Nominee Director Setup with local Panama Resident/Citizens as Directors and declaring the client as UBO.



If a full Nominee Director Setup is required including Nominee UBO we can provide this case by case as well. The question is always if it's really required. This can be determined in a Personal Call as I need to understand everyone's individual situation.













USDT said:






Will a shared IBAN be used for the bank account? Incoming transfers will be in the name of the Panamanian company, but it will be necessary to specify the Reference / Further Instructions / FFC field in the transfer, correct? Will outgoing transfers be made in the name of the company or the EMI?

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Incoming Transfers will be in the name of The 0% Tax Panama Offshore Company - No shared IBAN, Reference Field or For Further Instructions - outgoing transfers will be made in the name of the Panama Company. It's a dedicated fully fledged Bank Account.



Very good question and this is one of the core benefits from the service we provide as having proper transactional Retail Banking for 0% Tax Offshore Companies is the main challenge you are facing in the Offshore World nowadays. With Panama we go on the edge of what's possible with 0% Tax, No Audit and No Accounting requirements while still getting proper Banking done. As far as you go more grey area like with Small Island Companies in Nevis or Marshall Islands the Banking possibilities are no longer existing and you either end up with Old School Offshore Banks without dedicated Wire Instructions like in Belize for Example or you have endless KYC like with Banks in Mauritius - talking a Personal Meetings Call for every single Transaction - or you are facing Accounting, Audit and Corporate Tax on the Company side.











rofodomo said:






Is it possible to find out more about this? The company I setup with you which is up for renewal does no trading nor ever has, and I only use it as a means of maintaining Dubai tax residence. I'd be interested in whether there were other options to do this?

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In fact you are part of 50% of the DLS Dubai clients and for people like you we provide the Employee Residence Visa with USDT to WPS Salary Service - you can cash out up to 100,000 AED Basic Salary + 80,000 AED Bonus every month Tax Free while no longer having the Bureaucracy and Costs of Accounting and Audits including fillings you have right now with running a FZCO.











plotoffshore said:






So, if I understand your setup, or rather, this package, correctly, it doesn't matter where I live; I can avoid having any activity and the equity of the company (which I have purchased from you) being reported to my home country?

I can also get a bank account for this company and use it for all business related activities?



Is that correctly understood?

Click to expand...

That's correctly understood - for detailed explanation and for dedicated consulting visit our Website and send us either a E-Mail or shoot me a message on WhatsApp/Telegram/Signal.
 
Fred said:






In fact you are part of 50% of the DLS Dubai clients and for people like you we provide the Employee Residence Visa with USDT to WPS Salary Service - you can cash out up to 100,000 AED Basic Salary + 80,000 AED Bonus every month Tax Free while no longer having the Bureaucracy and Costs of Accounting and Audits including fillings you have right now with running a FZCO.

Click to expand...



Sounds interesting, I've sent you a message on Whatsapp, as I would be interested in exploring this.
 
Fred said:






In fact you are part of 50% of the DLS Dubai clients and for people like you we provide the Employee Residence Visa with USDT to WPS Salary Service - you can cash out up to 100,000 AED Basic Salary + 80,000 AED Bonus every month Tax Free while no longer having the Bureaucracy and Costs of Accounting and Audits including fillings you have right now with running a FZCO.

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For someone in this situation (those keeping a FZCO only for residency purposes): how does your solution compare in terms of costs? Assuming no need for the Panama company. Only the Dubai residence visa/cash out part.
 
PiersBlack said:






For someone in this situation (those keeping a FZCO only for residency purposes): how does your solution compare in terms of costs? Assuming no need for the Panama company. Only the Dubai residence visa/cash out part.

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Received your message on WhatsApp - I can explain you there further in detail the Terms and Conditions



Compared to the 0% Tax Offshore Panama Company the 0% Dubai Tax Residence by Employment is nothing we provide on a Commercial Scale.



The 0% Tax Offshore Panama Company can be used to conduct Business Offshore with a Nominee Director Structure - this can be used to conduct you day to day Business as far as it allows you to conduct it with a 0% Tax Offshore Company or it can be used for Off-Ramping or On-Ramping your USDT to Fiat or your Fiat to USDT.



The 0% Tax Dubai Residence allows you to convert your USDT to a AED Salary - it's basically a handy USDT Off-Ramp to Fiat as a Salaried Individual in a 0% Income Tax Jurisdiction having Personal Bank Statements, Residence Visa, local ID Card and Utility Bill always on hand for Source of Wealth, Bank KYC or Crypto Exchange KYC Requests.



Basically that's the entire Setup I'm using fully myself since almost 1 year.



The structure can be advanced with Citizenship by Investment Passport with or without Name Change, Holding and Foundation Structures for your actually wealth.



A potential Setup could look like this:



0% Tax Panama Offshore Company with Nominee Directors for the Business

0% Tax Dubai Residence as Salaried Employee for the Personal



Millionaires can add the following:



0% Tax Dubai Holding Company with Switzerland Bank Account for Wealth Management/Investment



The Dubai Holding Company can be Setup with a Dubai Foundation you being a Beneficiary with a Citizenship by Investment Passport with Name Change for Diversification and Asset Protection.
 
I just want to clarify, the banking solution provided is some EMI like Currenxie that offers a Multicurrency account in Hong Kong or it’s directly with the bank?
 
Clank said:






I just want to clarify, the banking solution provided is some EMI like Currenxie that offers a Multicurrency account in Hong Kong or it’s directly with the bank?

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Directly with the bank.
 
Fred said:






Yes, Panama is more streamlined and I was surprised myself.

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What about the 0% UAE setups that are still possible? Did you ever look into those?

I mean you're still selling UAE-based holding companies, so it seems like you're not completely against Dubai?











Fred said:






Panama is full of Chinese and Subsidiaries of Chinese and Hong Kong Companies exporting on big scale to USA through Panama so this was the direction I was looking at when it came to the Banking.

Click to expand...



Very interesting.











Fred said:






No there aren't and lately even the existing options like Wise, Mercury and Relay stop on boarding new clients unless you show some substance and actually really rent an office or having Millions of $ of turnover and especially when you operate in the EUR SEPA Area there are beside of Wise not really any options as most EMI's still avoid US LLC because of the reporting requirements and responsibility the EMI has to fulfill then. With 1-2M USD you can open a High Street Bank Account in the US however that's far far away from the Pricing and approach DLS Offshore is offering here.

Click to expand...



I'm surprised you're saying that, it doesn't seem so bad?

A user here has also offered help with opening Chase business accounts for foreigner-owned US LLCs.

I have heard that some EMIs will want to see some kind of physical presence - but it doesn't even have to be in the US.



But I haven't researched this further, so you may be right.











Fred said:






Well it already starts with the Offshore Company Formation - in Panama we have minimal KYC requirements we basically only need a Passport Copy and a Company Name to start the Formation Process while Jurisdictions like BVI and Seychelles received a lot of heat in the past you have endless KYC already on the Company Formation

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Ok. But US LLCs have minimal KYC as well.











Fred said:






Another important point is the Nominee Director Industry which is common and widely known in Panama and accepted by the Banks while other jurisdictions like Dubai and the UAE not having any clear understanding or even guidelines for Nominee Director / Shareholder Structures with certain Agreements.

Click to expand...



If you still disclose the client as UBO (in most cases) - why would anyone need a nominee director/shareholder?











Fred said:






No we don't provide any Residence Services in any other Countries except the UAE - as mentioned earlier we only provide services and consulting for structures and setup we use by ourselves with great success and we are able to build a commercial service for it for people here in the forum.

Click to expand...



I was only asking about UAE Golden Visas.











Fred said:






When it comes to the UAE Golden Visa the major problem is that back on the days when it was introduced everyone got approved even without a Bachelor Degree and now they tried to improve compliance and having some Indian Call Center calling Universities in EU you provide the Bachelor from to check and verify - the University in EU thinks it's a Spam Call and even if not they don't share to 3rd Parties in accordance to EU Privacy Policies.

Click to expand...



The degree is part of the published criteria, isn't it?

What I meant was, assuming that someone can meet all the published criteria, would you help them with getting a Golden Visa? And do you have experience with this?

Because I have heard that Golden Visa applications can be rejected for all kinds of reasons that are not published.

For example, I think someone wrote here on the forum that the employer needs to have at least 10 employees in the UAE. This is not an official rule - but still, if the employer does not fulfill it, the Golden Visa won't be approved. Things like this. I don't know what other rules there are, if any.



Last question: What about the EU black list? Isn't this causing issues with EU-based clients? I would imagine that many EU-based clients wouldn't want to make payments to a company in Panama.
 
Fred said:






Certain Commercial Banks in Hong Kong like DBS Bank Hong Kong and Barclays Bank in UK providing Omnibus Accounts to Financial Institutions allowing a fast and effective Account Opening Process.

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I assume you have to be regulated in HK to resell these accounts? Are you registered as an money service provider in HK? but you're not a bank so not in scope of CRS?
 
Fred said:






In fact you are part of 50% of the DLS Dubai clients and for people like you we provide the Employee Residence Visa with USDT to WPS Salary Service - you can cash out up to 100,000 AED Basic Salary + 80,000 AED Bonus every month Tax Free while no longer having the Bureaucracy and Costs of Accounting and Audits including fillings you have right now with running a FZCO.

Click to expand...

How much for this service?

Does that include UAE personal bank account fees? Crypto off-ramp fees?
 
Xshore said:






I assume you have to be regulated in HK to resell these accounts? Are you registered as an money service provider in HK? but you're not a bank so not in scope of CRS?

Click to expand...

Correct.











Mercury said:






How much for this service?

Does that include UAE personal bank account fees? Crypto off-ramp fees?

Click to expand...

We charge 1000 AED/month Management Fees.



It seems there is a high interest in this service - I prepare some Information Documents and an Overview how the Scheme is working and share it with people contacting us in regards to this service.



I will update the initial post from time to time as well and add information people asking us frequently - I implement a FAQ as well.
 
Fred said:






We charge 1000 AED/month Management Fees.

Click to expand...

Thanks.

So basically 1% fees for people who will clear AED100K monthly salary.

It would be nice to know if it's inclusive of bank and crypto off-ramp fees or if extra % should be added.
 
Clank said:






Is it possible to do it for personal accounts or only for the company?

Click to expand...

Business Accounts only.











Mercury said:






Thanks.

So basically 1% fees for people who will clear AED100K monthly salary.

It would be nice to know if it's inclusive of bank and crypto off-ramp fees or if extra % should be added.

Click to expand...

Bank and crypto off-ramp fees are not included.



The service shouldn't be only seen as a cash out but rather to build - with a Government Registered Employee Contract under the WPS Salary System - a Credit Score in the UAE for Property Finance for example.



If it's all about fees to Cash Out Crypto then you are better of with our 0% Tax Panama Offshore Company Setup with HK Bank Account + HK Crypto Exchange Account and Crypto Off-Ramp Method.
 
Fred said:






0% Tax Dubai Holding Company with Switzerland Bank Account for Wealth Management/Investment

Click to expand...



What would the cost be for this? Doesn't this require "sufficient substance" per UAE rules? How do you make sure you have "sufficient substance"?
 
Fred said:






If it's all about fees to Cash Out Crypto then you are better of with our 0% Tax Panama Offshore Company Setup with HK Bank Account + HK Crypto Exchange Account and Crypto Off-Ramp Method.

Click to expand...

But then there's the burden and fees of the company maintenance.



How much in % do you roughly assess the total cost of such structure to off-ramp crypto (USDT => USD) into HK/UK bank account?
 
Mercury said:






But then there's the burden and fees of the company maintenance.



How much in % do you roughly assess the total cost of such structure to off-ramp crypto (USDT => USD) into HK/UK bank account?

Click to expand...

Yes of course but the question is do you need a structure like the 0% Tax Panama Offshore Company with HK/UK Bank Account and HK Crypto Exchange Account when 6,300 EUR Setup and 3,000 EUR Maintenance Fees are significant in proportion to the Amount of Crypto you want to Cash Out.



HK Crypto Exchange Accounts are depending on the Volume somewhere between 0.1% and 1%.











JustAnotherNomad said:






What would the cost be for this? Doesn't this require "sufficient substance" per UAE rules? How do you make sure you have "sufficient substance"?

Click to expand...

For such a Holding Company we work with a Lawyer whop acts as the Registered Agent providing the necessary Substance and combining the structure with a Switzerland Bank who actually understands the UAE and Dubai as a jurisdiction and in best case scenario even has a Branch in the DIFC or ADGM.



The same can be done in Panama - both jurisdictions you are looking at 10,000 EUR Setup - as always the majority of the cost is the Bank Account opening.
 
Are you saying that the a good option is to use the Panama + HK setup to off ramp crypto then invoice from Dubai to Panama to extract the funds as salary?
 
JustAnotherNomad said:






What about the 0% UAE setups that are still possible? Did you ever look into those?

I mean you're still selling UAE-based holding companies, so it seems like you're not completely against Dubai?

Click to expand...

Dubai based Holding Companies are Corporate Tax exempt and at the same time you still have 0% Personal Income Tax - if you live off from your Capital Gains or play it smart with the 0% Tax Panama Offshore Company and the USDT to WPS Salary with a Employee Dubai Residence Visa you can still achieve 0% Tax.



It's no longer that easy and you have to think a bit around the corner and work with someone who knows what he is doing - without being arrogant - I consider my team and myself as someone from this category.



I basically give you guys here in the Forum on hand what I'm using myself and build a Commercial Service around it as much as it's possible.



However in 2025 there is no longer a all fits one solution as we had in the past with the 0% Tax Dubai Freezone Company which DLS Dubai was providing.



More and more former clients contacting me about how to reduce there Tax Liabilities in Dubai now and that was the motivation in first place to Setup DLS Offshore - I'm quite surprised that the demand from People here in the Forum who haven't been DLS Dubai Clients is so high as well.













JustAnotherNomad said:






If you still disclose the client as UBO (in most cases) - why would anyone need a nominee director/shareholder?



Last question: What about the EU black list? Isn't this causing issues with EU-based clients? I would imagine that many EU-based clients wouldn't want to make payments to a company in Panama.

Click to expand...

In regards to the Nominee Directors mentioned, Panama Offshore Company requires at least 3 Directors - most of our clients are Business with 1 or 2 owners so we provide local Panama Directors to satisfy the local Panama requirements.



Some Clients require a full Nominee Director Setup with all Directors and Shareholders being provided by DLS Offshore and we work then with a Nominee Director / Shareholder Agreement. In this case we use one time EU Citizen Nominee Shareholder at a custom price depending on clients requirements and Nominee availability.



Some other clients don't want or can't have there Name on the Company License for Agreements they have in place actually forbidding them having there own Business in the Industry they are active in and so on.



Another important aspect is if the Client is based in a Country with CFC Rules or other Regulations - we avoid this by using a Full Nominee Director Setup as well.



There are lot's of use cases for Nominee Directors (IMPORTANT: DLS Offshore is not providing s called Nominee Bank Accounts with 100% Privacy which basically is nothing else then picking homeless from the street and let them open a Bank Account an selling in here in the Forum) but our standard Nominee Director Setup is to full fill the local Panama Director requirements of having 3 Directors in Place.













jeffbean said:






Are you saying that the a good option is to use the Panama + HK setup to off ramp crypto then invoice from Dubai to Panama to extract the funds as salary?

Click to expand...

No - Business and Crypto Off-Ramp happens in the 0% Tax Panama Offshore Company - if you want to utilize the funds / spend the money one option is to use our 0% Tax Employee Dubai Residence Visa and Cash Out the Panama Offshore Company Profits as a USDT to WPS Salary in the UAE to a local UAE Personal Bank Account - in this way the Panama Offshore Company doesn't appear in the UAE at all.



Invoicing just as an individual that is Dubai Resident the Panama Offshore Company is possible as well - however we don't know yet how UAE Tax Authorities will treat the Panama Offshore Company and if they want to look into who actually owns the Panama Company - if you want to choose this option you should look into our Full Nominee Director and Shareholder Setup so that you don't appear on the Panama Offshore Company.



I recommend everyone to use at least the One Time Free Consultation Call with me to get a better understanding from our offering - there is no longer the One fits All Solution in place in 2025.
 
Fred said:






For such a Holding Company we work with a Lawyer whop acts as the Registered Agent providing the necessary Substance

Click to expand...



Do you have a ruling that this is sufficient?

I'm asking because I have heard that the FTA does not issue advance rulings. You can only set something up and hope that it works - and only after the tax year is over, you can ask for a confirmation that it was actually fine.

Also, if you don't do anything and just hope it will be fine - they allegedly like to audit companies just before the statute of limitations expires, and the fines are crazy (3x the tax you owe or something).











Fred said:






and combining the structure with a Switzerland Bank who actually understands the UAE and Dubai as a jurisdiction and in best case scenario even has a Branch in the DIFC or ADGM.

Click to expand...



What if you don't need the Swiss bank account? Would it lower the cost?
 
Fred said:






Dubai based Holding Companies are Corporate Tax exempt

Click to expand...



Yes, if they fulfill the substance criteria. Which, as far as I understood, means having qualified staff who actually work from the free zone. You can no longer register your company in a free zone, but work from downtown Dubai etc.

Of course it's not clear how much this is checked, but those are the rules now.











Fred said:






and at the same time you still have 0% Personal Income Tax - if you live off from your Capital Gains or play it smart with the 0% Tax Panama Offshore Company and the USDT to WPS Salary with a Employee Dubai Residence Visa you can still achieve 0% Tax.

Click to expand...



But how do you get the money into the Panama company if invoices from Panama are not deductible for your clients?











Fred said:






In regards to the Nominee Directors mentioned, Panama Offshore Company requires at least 3 Directors - most of our clients are Business with 1 or 2 owners so we provide local Panama Directors to satisfy the local Panama requirements.

Click to expand...



Ok.











Fred said:






Some Clients require a full Nominee Director Setup with all Directors and Shareholders being provided by DLS Offshore and we work then with a Nominee Director / Shareholder Agreement. In this case we use one time EU Citizen Nominee Shareholder at a custom price depending on clients requirements and Nominee availability.

Click to expand...



So then the UBO won't be reported?











Fred said:






Another important aspect is if the Client is based in a Country with CFC Rules or other Regulations - we avoid this by using a Full Nominee Director Setup as well.

Click to expand...



So not even the bank will know who owns the company?



By the way, are you not worried that this could lend yourself in hot waters? Complicit in tax evasion, money laundering etc.? I understand your intentions are good, but what if someone turns out to be a drug dealer or sanctioned person? How are you protecting yourself against this?











Fred said:






There are lot's of use cases for Nominee Directors (IMPORTANT: DLS Offshore is not providing s called Nominee Bank Accounts with 100% Privacy which basically is nothing else then picking homeless from the street and let them open a Bank Account an selling in here in the Forum) but our standard Nominee Director Setup is to full fill the local Panama Director requirements of having 3 Directors in Place.

Click to expand...



So the bank will know who the UBO is? So we're back to relying on the account not being reported under CRS (pooled account + Dubai residency)?











Fred said:






I recommend everyone to use at least the One Time Free Consultation Call with me to get a better understanding from our offering - there is no longer the One fits All Solution in place in 2025.

Click to expand...



Are you still based in Dubai yourself?
 
JustAnotherNomad said:






Do you have a ruling that this is sufficient?

I'm asking because I have heard that the FTA does not issue advance rulings. You can only set something up and hope that it works - and only after the tax year is over, you can ask for a confirmation that it was actually fine.

Also, if you don't do anything and just hope it will be fine - they allegedly like to audit companies just before the statute of limitations expires, and the fines are crazy (3x the tax you owe or something).



What if you don't need the Swiss bank account? Would it lower the cost?

Click to expand...

As mentioned before I did it myself and using it successful since almost 3 Years now - Holding Company registered for Corporate Tax and Confirmation of being exempt from 9% Corporate Tax already received otherwise I wouldn't mention it here.



A local UAE Bank Account for the Holding Company would rather make it more expensive as you don't have a proper and streamlined Compliance with the local UAE Banks - if there is no Bank Account required at all you just go with any random Corporate Service Provider who is selling you a license - honestly speaking if it's only about setting up a Holding Company the service DLS Offshore provides would be an overkill.
 
Can bank account for Panama company receive wire transfers from USA both from private people and businesses ?



Thank you
 
JustAnotherNomad said:






Yes, if they fulfill the substance criteria. Which, as far as I understood, means having qualified staff who actually work from the free zone. You can no longer register your company in a free zone, but work from downtown Dubai etc.

Of course it's not clear how much this is checked, but those are the rules now.

Click to expand...

In reality not checked at all however if you can avoid a Freezone Company and rather choose a Panama Offshore Company which we provide for example - things are clear and understandable - I can only speak about Dubai Holding Company any longer - only using Dubai for Wealth Management and Tax Free Residence in 2025 - no longer having a Dubai Company for Active Trading Business.











JustAnotherNomad said:






But how do you get the money into the Panama company if invoices from Panama are not deductible for your clients?

Click to expand...

The 0% Tax Panama Offshore Company has a proper Retail Bank Account and can receive Fiat Wire Transfers in all kind of currencies like EUR/USD/GBP etc. in this way you can conduct your business and invoice your clients - additional we open an Crypto Exchange Account in the name of Company so that you can Off-Ramp USDT for example - the same way you can On-Ramp to USDT to utilize the USDT however you want or use it for our USDT to WPS Salary Scheme with Employee Residence Visa in Dubai.



You might have mixed up something or haven't understood it correctly.













JustAnotherNomad said:






So then the UBO won't be reported?

Click to expand...

Correct - for Full Nominee Package which we offer at a customized Price depending on Nominee availability and client requirements.













JustAnotherNomad said:






So not even the bank will know who owns the company?



By the way, are you not worried that this could lend yourself in hot waters? Complicit in tax evasion, money laundering etc.? I understand your intentions are good, but what if someone turns out to be a drug dealer or sanctioned person? How are you protecting yourself against this?



So the bank will know who the UBO is? So we're back to relying on the account not being reported under CRS (pooled account + Dubai residency)?

Click to expand...

For the Full Nominee Director Package YES - the Company Registry in Panama and the Bank Account in HK only can see the Nominee we provide the client however we request the Clients Passport Copy and Setup a Nominee Service Agreement. You don't have to rely on NON-CRS - this was already 5 Years ago when we launched DLS Dubai our approach.











JustAnotherNomad said:






Are you still based in Dubai yourself?

Click to expand...

Yes I'm still based in Dubai at least till UAE is introducing Personal Income Tax - for me Dubai is still the most convenient Tax Haven with all Services 24/7 available as well as good Flight Connections.



So far UAE and all GCC Countries are highlighting that they have no plans to introduce Personal Income Tax which makes sense as it would kill the whole Workers Expat Community from Western Countries but the past learned us that you never know.



So should Personal Income Tax be introduced in the UAE I move my Tax Residency to Panama and live around South America and South East Asia - that's another reason why Panama is interesting and after the Summer we will launch a Panama Residence Solution as well.













ivan1911 said:






Can bank account for Panama company receive wire transfers from USA both from private people and businesses ?



Thank you

Click to expand...

Yes, you can receive USD by SWIFT Wire Transfer from Private People and Businesses to your HK Bank Account.



EMI's allowing you to receive USD by Domestic ACH Transfer as well.
 
Fred said:






As mentioned before I did it myself and using it successful since almost 3 Years now - Holding Company registered for Corporate Tax and Confirmation of being exempt from 9% Corporate Tax already received otherwise I wouldn't mention it here.

Click to expand...



Nice.











Fred said:






A local UAE Bank Account for the Holding Company would rather make it more expensive as you don't have a proper and streamlined Compliance with the local UAE Banks -

Click to expand...



What about an EMI account, or one of the UAE-based neo banks (Mashreq Neo or whatever they are called... with less strict compliance than their brick and mortar parent banks?











Fred said:






if there is no Bank Account required at all you just go with any random Corporate Service Provider who is selling you a license - honestly speaking if it's only about setting up a Holding Company the service DLS Offshore provides would be an overkill.

Click to expand...



Anyone can sell you a license for a holding company, but the big question is if the FTA really will grant you the tax-free status in the end. So if you can guarantee the status, it would be a huge plus.

You said it's about 10k - is that per year or just for the setup, and then a lower fee to keep it running?
 
Fred said:






In reality not checked at all however if you can avoid a Freezone Company and rather choose a Panama Offshore Company which we provide for example - things are clear and understandable - I can only speak about Dubai Holding Company any longer - only using Dubai for Wealth Management and Tax Free Residence in 2025 - no longer having a Dubai Company for Active Trading Business.

Click to expand...



I meant just that - maybe using a UAE holding company (if you need a holding company anyway), and then using it to get residency as well.











Fred said:






You might have mixed up something or haven't understood it correctly.

Click to expand...



https://kpmg.com/xx/en/our-insights...es-against-non-cooperative-jurisdictions.html



"Non-deductibility of costs: Member States that opt for this measure should deny deduction of costs and payments that otherwise would be deductible for the taxpayer when these costs and payments are treated as directed to entities or persons in listed jurisdictions. The measure should include, for example, interest, royalties and other concessions on intellectual property, assets and service fees."



Scroll down and you will see a table with all the countries that have implemented this.

15 (!) EU countries have implemented the non-deductibility.



For example, here is Germany (aren't you German?):



https://www.grantthornton.de/en/ins...list--what-businesses-need-to-know-from-2025/



"operating expenses and income-related expenses from business transactions with tax havens may no longer be deducted for tax purposes"



So you can send an invoice to your EU-based client and they may pay it, but then when they get audited, it probably won't be accepted as a business expense.

That won't be fun.

If they are smart, they will know about this and won't do business with you at all.











Fred said:






Yes I'm still based in Dubai at least till UAE is introducing Personal Income Tax - for me Dubai is still the most convenient Tax Haven with all Services 24/7 available as well as good Flight Connections.

Click to expand...



Good to know.











Fred said:






So far UAE and all GCC Countries are highlighting that they have no plans to introduce Personal Income Tax which makes sense as it would kill the whole Workers Expat Community from Western Countries but the past learned us that you never know.

Click to expand...



As I have explained elsewhere, I am convinced the UAE will introduce this in a few years, they always used a wording like ("we currently don't have any plans to introduce PIT").

But I'm also sure they will only tax higher salaries and not delivery drivers...



Anyway, appreciate that you answer all these questions so patiently and in detail!
 
Fred said:






Yes, you can receive USD by SWIFT Wire Transfer from Private People and Businesses to your HK Bank Account.



EMI's allowing you to receive USD by Domestic ACH Transfer as well.

Click to expand...

Can you elaborate on this. Are you saying the DBS account can receive domestic ACH payments in USD? Or are you referring to another EMI?
 
If we opt for a full nominee structure can you open a brokerage account for the company as well? E.G. IBKR?
 
AAJ said:






Can you elaborate on this. Are you saying the DBS account can receive domestic ACH payments in USD? Or are you referring to another EMI?

Click to expand...

Talking about EMI's in this case - local HK Bank has SWIFT Wire Transfers and the local HKD Payment System.











Clank said:






If we opt for a full nominee structure can you open a brokerage account for the company as well? E.G. IBKR?

Click to expand...

IBKR we did include back then with DLS Dubai in our Dubai All-Inclusive Package however IBKR keeps de-risking and last time I checked they requested Audited Accounts however they were happy in the end with a basic Balance Sheet of the Company. Panama is fine and HK Bank Accounts as well so from this point of view there shouldn't be any issue.



I haven't used them for myself since a while and my latest experience assisting a client with it is from last year so I would say I can at least provide consulting for IBKR based on my past experience dealing with a couple of hundred clients but I won't guarantee IBKR Account Opening as I need to see the latest requirements and regulations.



Back then IBKR took everything even a Seychelles IBC with a Wise Account however they got fined from time to time and started to de-risk - from my latest experience they are fine with a structure as long as no sanctions involved and the Company has a proper Bank Account and not just an EMI.
 
Fred said:






you can conduct your business and invoice your clients

Click to expand...



Sure, you can invoice your clients but you can be sure that no EU tax administration will accept those as expenes.
 
Marzio said:






Sure, you can invoice your clients but you can be sure that no EU tax administration will accept those as expenes.

Click to expand...

This might be true but then you are not a typical DLS Offshore Client.



DLS Offshore Clients are typically:



- Pay to Win App Developers

- Sweepstake Website Providers

- Crypto based Gambling

- Online Gambling Sport Betting

- Online Casinos

- IPTV Service Provider

- CSGO Skin Gambling

- Crypto Miners

- Long term Crypto Holders

- Crypto Traders

- Marketing Agencies

- Travel Agencies



and so on.



Some of you guys have an entirely wrong understanding from the Audience here in this forum - which is fine but I want to have it highlighted here once that for sure we are not providing anyone with a 0% Tax Panama Offshore Company to actually Invoice a German GmbH to reduce the GmbH's tax liability I hope this is clear to everyone.
 
Fred said:






This might be true but then you are not a typical DLS Offshore Client.



DLS Offshore Clients are typically:



- Pay to Win App Developers

- Sweepstake Website Providers

- Crypto based Gambling

- Online Gambling Sport Betting

- Online Casinos

- IPTV Service Provider

- CSGO Skin Gambling

- Crypto Miners

- Long term Crypto Holders

- Crypto Traders

Click to expand...



All B2C, fine.











Fred said:






- Marketing Agencies

- Travel Agencies

Click to expand...



This is where it gets problematic (B2B).











Fred said:






and so on.



Some of you guys have an entirely wrong understanding from the Audience here in this forum - which is fine but I want to have it highlighted here once that for sure we are not providing anyone with a 0% Tax Panama Offshore Company to actually Invoice a German GmbH to reduce the GmbH's tax liability I hope this is clear to everyone.

Click to expand...



I think you misunderstood - if I run a legitimate marketing agency and I have a client in one of the 15 EU countries that have implemented this, and I invoice the client for my work, the client will have to pay, but the client will STILL HAVE TO PAY TAX ON THE PAYMENT!

This is particularly bad with something like marketing agencies, which sometimes pay the ads from their own pocket and get reimbursed by the client later.

Imagine you pay a couple 100k to a marketing agency, then you get audited and the tax office says you have to pay corporate tax on those expenses because the deductions are not accepted.



Let me make it super clear: I make 1 million and I pay 400k for marketing to a Panama company.

I have a profit of 600k, which I pay tax on. Or so I think. But then the tax authority says - nope, not accepted. We will treat it as if you had 1 million in profit.

So you have to pay the full tax on the additional 400k, EVEN THOUGH YOU HAVE SPENT THE MONEY, and on a completely legitimate, real business.



This has nothing to do with invoicing your own company to reduce the taxes or anything like this.

It's in practice a law against doing business with companies in Panama.
 
Marzio said:






Sure, you can invoice your clients but you can be sure that no EU tax administration will accept those as expenes.

Click to expand...



Well, some will, see the table linked above. But I would also expect that it will only get worse.

So it's 15 countries now, but maybe it will be the whole EU soon.
 
Can you give a price for the entire setup including the UAE residency?

Can you quote an annual renewal price?
 
How would the Panama setup work for a crypto trader who resides in a country like say New Zealand or Australia?



Supposing the trader earns 500k USDT from their trading activities. They transfer the 500k USDT to the HK bank account. How can they pay them selves that 500k so they could buy real estate etc in their home country(after paying tax on it).



Or would moving to a place like Dubai be the only option then?
 
hi all, forgive my ignorance:

why panama company + HK bank

and not simply

HK/SG company + HK/SG bank?



is it simply to avoid accounting and audit?

sure audit has a cost but sometimes it is a required document when you wish to open an additional bank or brokerage account
 
JustAnotherNomad said:






I think you misunderstood - if I run a legitimate marketing agency and I have a client in one of the 15 EU countries that have implemented this, and I invoice the client for my work, the client will have to pay, but the client will STILL HAVE TO PAY TAX ON THE PAYMENT!

Click to expand...

"Hey man, how am I meant to use this spoon to cut my steak? hm?"
 
Fred said:






Yes - Panama Offshore Company Renewal with Nominee Director Service - 3000 EUR.



Like in the past we assist with maintaining the Company, keep providing dedicated Support for Bank KYC as well as consulting the client ongoing for Crypto Cash Out and how to operate based on his individual situation.



I added this to the initial Post now as well.





We provide a standard Nominee Director Setup with local Panama Resident/Citizens as Directors and declaring the client as UBO.



If a full Nominee Director Setup is required including Nominee UBO we can provide this case by case as well. The question is always if it's really required. This can be determined in a Personal Call as I need to understand everyone's individual situation.







Incoming Transfers will be in the name of The 0% Tax Panama Offshore Company - No shared IBAN, Reference Field or For Further Instructions - outgoing transfers will be made in the name of the Panama Company. It's a dedicated fully fledged Bank Account.



Very good question and this is one of the core benefits from the service we provide as having proper transactional Retail Banking for 0% Tax Offshore Companies is the main challenge you are facing in the Offshore World nowadays. With Panama we go on the edge of what's possible with 0% Tax, No Audit and No Accounting requirements while still getting proper Banking done. As far as you go more grey area like with Small Island Companies in Nevis or Marshall Islands the Banking possibilities are no longer existing and you either end up with Old School Offshore Banks without dedicated Wire Instructions like in Belize for Example or you have endless KYC like with Banks in Mauritius - talking a Personal Meetings Call for every single Transaction - or you are facing Accounting, Audit and Corporate Tax on the Company side.





In fact you are part of 50% of the DLS Dubai clients and for people like you we provide the Employee Residence Visa with USDT to WPS Salary Service - you can cash out up to 100,000 AED Basic Salary + 80,000 AED Bonus every month Tax Free while no longer having the Bureaucracy and Costs of Accounting and Audits including fillings you have right now with running a FZCO.





That's correctly understood - for detailed explanation and for dedicated consulting visit our Website and send us either a E-Mail or shoot me a message on WhatsApp/Telegram/Signal.

Click to expand...

Please can you message me more information about the structure along with pricing. I may have a few clients to put your way
 
I'm almost ready to order, just wanted to ask if you already got customers and reviews I can see maybe ?
 
Hi OffshoreCorpTalk Forum Users,



I was busy last couple of days to onboard the first clients for the 0% Tax Panama Offshore Company with HK Bank and Crypto Exchange Setup.



I requested every single of them to leave a review here of the service once the setup is up and running - not all of them require the Crypto Cash Out Scheme so it might take a bit time till someone is reporting back on it here as well.



I'm surprised that so less people are aware about the possibilities with Panama as an Offshore Jurisdiction and I'm looking forward to make the Panama Offshore Company Setup together with a 0% Tax Dubai Residence more popular among the OffshoreCorpTalk Forum and even thinking about offering 0% Tax Residence in Panama anytime soon - so that we are equipped with a back-up option for 0% Tax Dubai Residence in case Personal Income Tax in UAE rumors becoming reality.



I updated the initial Post with the DLS Offshore Offering as well and added answers to the most frequent questions.



Now let's answer your latest questions.









JustAnotherNomad said:






Well, some will, see the table linked above. But I would also expect that it will only get worse.

So it's 15 countries now, but maybe it will be the whole EU soon.

Click to expand...

Definitely the EU will do whatever they can do to keep the people living in the EU poor and if they get some wealth how this remains stuck in the EU - I escaped 2018 and since then @Martin Everson is preaching the same: leave the EU as long as you still can.



Once you figured your way even when this most likely means you have to ignore certain rules and regulations - the services DLS Offshore offering might be interesting for you.



A lot of smart Business Ideas in the New Economy nowadays are not even possible to operate with EU Companies - not necessarily because of Taxes but because of all the bureaucracy, rules and regulations in place.



I get your point and yes fair enough - better avoid interacting with a Panama Company in Business with EU Companies.











luap said:






Can you give a price for the entire setup including the UAE residency?

Can you quote an annual renewal price?

Click to expand...

0% Tax PANAMA Offshore Company all-inclusive (Nominee Director inclusive)

0% Tax Panama Offshore Company, Hong Kong Bank Account, Hong Kong Crypto Exchange Account



Setup Cost: 6,300 EUR

Renewal Cost: 3,000 EUR



0% Tax PANAMA Offshore Company all-inclusive with Nominee Director & Shareholder from EU



0% Tax Panama Offshore Company in Nominee Name, Hong Kong Bank Account in Nominee Name, Hong Kong Crypto Exchange Account in Nominee Name, Debit Card in Nominee Name upon request



Setup Cost: 9,300 EUR

Renewal Cost: 6,000 EUR



0% Dubai Tax Residence all-inclusive - USDT to WPS Salary

Visa Process - 8,500 AED (every 2nd Year)

Admin Fee - 12,000 AED (every Year)



Terms & Conditions apply based availability.











Freetrade said:






How would the Panama setup work for a crypto trader who resides in a country like say New Zealand or Australia?



Supposing the trader earns 500k USDT from their trading activities. They transfer the 500k USDT to the HK bank account. How can they pay them selves that 500k so they could buy real estate etc in their home country(after paying tax on it).



Or would moving to a place like Dubai be the only option then?

Click to expand...

The benefit of the 0% Tax Panama Offshore Company Structure would be that you don't have the tax and bureaucracy as a Crypto Trader in most high tax countries such as that every trade is a taxable event and sometimes even the Tax Authorities don't know how to treat your Activities in the right way.



You keep the Crypto Trading Activities in the Hong Kong Crypto Exchange Account in the Name of the Panama Company and whatever you want to keep in Fiat or invest further in Fiat you can withdraw to your Hong Kong Bank Account in the Panama Company Name.



Whatever you want to have in your Home Country you can take out either in Cash at ATM or you Wire the Money in a context that makes sense for each individual situation and of course you gonna have to pay tax on it - Nominee Director & Shareholder Setup might make sense to distance yourself in front of your Home Country Tax Authority from the Ownership of the Panama Company in CFC Rules & PE Context.



Always recommend a Personal Zoom Call to determine things in detail based on each client individual situation.









Ilias said:






How do you deal with the fact that Sociedad Anonima needs 2 shareholders?

Click to expand...

0% Tax Panama Offshore Company or how you call it Sociedad Anonima short S.A. (Company Name Ending can be Inc. or Incorporation as well) doesn't require 2 Shareholders, you can be sole shareholder and at the same time director, secretary and president however you require in total 3 Directors and that's why we provide the Nominee Directors even in the default basic package - Panama Nationals with Panama Residence in this case.









jkl197 said:






hi all, forgive my ignorance:

why panama company + HK bank

and not simply

HK/SG company + HK/SG bank?



is it simply to avoid accounting and audit?

sure audit has a cost but sometimes it is a required document when you wish to open an additional bank or brokerage account

Click to expand...

People here in this Forum usually search for 100% Privacy and 0% Tax - Panama has no Public Company Registry and no Corporate Tax and at the same time no Accounting or Audit requirements.



With a HK or SG Company you have to pay Taxes, run Accounting and require Audited Financial Statements.



If someone is making 500,000$ per Year it makes a difference if you pay 0% Tax like in Panama, 8-15% Tax like in HK or even more like in Singapore.



Banking and Brokerage Accounts are not a problem if you take a competent Provider who has a good reputation and a long track record in the industry like we at DLS Offshore have.









LordBandwidth said:






Please can you message me more information about the structure along with pricing. I may have a few clients to put your way

Click to expand...

Best you send us an email [email protected] or you message me on Messenger



WhatsApp/Telegram/Signal: +971 52 2561744
 
Regarding the nominee directors, if someone such as an investigator from another country/ tax office ran a search, I assume they can pay to access the company register and share holders?



What would they actually see? Is your name exposed?



If they are not audited or accounting obligations I assume no figures are present either?
 
jeffbean said:






Regarding the nominee directors, if someone such as an investigator from another country/ tax office ran a search, I assume they can pay to access the company register and share holders?



What would they actually see? Is your name exposed?



If they are not audited or accounting obligations I assume no figures are present either?

Click to expand...

First of all the Investigator / Tax Office needs to know that you have the Company - there is no Public Company Registry available so if you don't talk around that you have a Panama Company and you do your Homework in terms of IT Security - there shouldn't be any concern.



Again there is not even a Registry you can have access to even when you pay for it.



There are no figure or something else present either.
 
The benefit of the 0% Tax Panama Offshore Company Structure would be that you don't have the tax and bureaucracy as a Crypto Trader in most high tax countries such as that every trade is a taxable event and sometimes even the Tax Authorities don't know how to treat your Activities in the right way.



You keep the Crypto Trading Activities in the Hong Kong Crypto Exchange Account in the Name of the Panama Company and whatever you want to keep in Fiat or invest further in Fiat you can withdraw to your Hong Kong Bank Account in the Panama Company Name.



Whatever you want to have in your Home Country you can take out either in Cash at ATM or you Wire the Money in a context that makes sense for each individual situation and of course you gonna have to pay tax on it - Nominee Director & Shareholder Setup might make sense to distance yourself in front of your Home Country Tax Authority from the Ownership of the Panama Company in CFC Rules & PE Context.

Click to expand...



Thanks Fred.



Also, how could the Panama Company receive it's initial bankroll for trading (crypto only). Could I just lend it a few BTC to start?

Does that have to be documented etc.
 
Fred said:






First of all the Investigator / Tax Office needs to know that you have the Company - there is no Public Company Registry available so if you don't talk around that you have a Panama Company and you do your Homework in terms of IT Security - there shouldn't be any concern.



Again there is not even a Registry you can have access to even when you pay for it.



There are no figure or something else present either.

Click to expand...

Hmm what would actually show up if they did get to that stage by using your suggested service.



The nominee directors and would myself for example show as a director and a shareholder?
 
Fred said:






People here in this Forum usually search for 100% Privacy and 0% Tax - Panama has no Public Company Registry and no Corporate Tax and at the same time no Accounting or Audit requirements.

Click to expand...

A quick search in Google shows Panama DOES have a public company registry. Is there something I'm missing?
 
Fred said:






0% Tax PANAMA Offshore Company all-inclusive (Nominee Director inclusive)

0% Tax Panama Offshore Company, Hong Kong Bank Account, Hong Kong Crypto Exchange Account



Setup Cost: 6,300 EUR

Renewal Cost: 3,000 EUR



0% Tax PANAMA Offshore Company all-inclusive with Nominee Director & Shareholder from EU



0% Tax Panama Offshore Company in Nominee Name, Hong Kong Bank Account in Nominee Name, Hong Kong Crypto Exchange Account in Nominee Name, Debit Card in Nominee Name upon request



Setup Cost: 9,300 EUR

Renewal Cost: 6,000 EUR

Click to expand...

If a client were to choose the first set up where the bank account is not in a nominees name, wouldn't that leave the clients information exposed. Who's name would the bank account be in? How exactly is the account non CRS? Panama is a CRS country and so is HK. Google search shows Panama has a company registry. Confused as to how the client is protected and why you claim this set up is non CRS, especially for the first cheaper set up.
 
Freetrade said:






Thanks Fred.



Also, how could the Panama Company receive it's initial bankroll for trading (crypto only). Could I just lend it a few BTC to start?

Does that have to be documented etc.

Click to expand...

Yes - can be done in BTC or Fiat and then convert to BTC.



Doesn't need to be documented - you can do it for your own documentation.











jeffbean said:






Hmm what would actually show up if they did get to that stage by using your suggested service.



The nominee directors and would myself for example show as a director and a shareholder?

Click to expand...

Name of the Nominee Director and Shareholder shows up OR if you want to be associated to the Company your Name next to the Nominee Directors - see our different Packages and different Approach depending on your Personal Situation.











AAJ said:






A quick search in Google shows Panama DOES have a public company registry. Is there something I'm missing?

Click to expand...

Go ahead and try your luck











AAJ said:






If a client were to choose the first set up where the bank account is not in a nominees name, wouldn't that leave the clients information exposed. Who's name would the bank account be in? How exactly is the account non CRS? Panama is a CRS country and so is HK. Google search shows Panama has a company registry. Confused as to how the client is protected and why you claim this set up is non CRS, especially for the first cheaper set up.

Click to expand...

Pooled Accounts through Money Remittance Service Providers owned by HK Banks - providing proper HK Bank Accounts - not EMI's.



It's a loophole hence market here in the Forum for the smart OffshoreCorpTalk Forum Users - I don't disclose further to keep thing up and running.



If you would figure it already now - the Setup and Work we do at DLS Offshore would be useless - we don't work with mass solutions.
 
Yes - can be done in BTC or Fiat and then convert to BTC.



Doesn't need to be documented - you can do it for your own documentation.

Click to expand...



Excellent.

Monero is my base currency for trading but I can convert to BTC first
 
Fred said:






Panama has no Public Company Registry and no Corporate Tax and at the same time no Accounting or Audit requirements.

Click to expand...

Panama has a public company registry: https://www.rp.gob.pa/ But it doesn't list shareholders or UBOs, so if @Fred is providing nominees, it's quite private (if a nominee subscriber is also provided at incorporation).



Not that it really matters aside from being a technicality, but both accounting requirements and corporate tax exist. However, since tax is on a territorial basis, none applies to people who don't do business in Panama. Accounting is to my knowledge required regardless, but since there are no filing requirements for companies with no business in Panama, it's very common to simply not do any accounting unless required for other reasons.
 
Last edited:
Sols said:






Panama has a public company registry: https://www.rp.gob.pa/ But it doesn't list shareholders or UBOs, so if @Fred is providing nominees, it's quite private (if a nominee subscriber is also provided at incorporation).



Not that it really matters aside from being a technicality, but both accounting requirements and corporate tax exist. However, since tax is on a territorial basis, none applies to people who don't do business in Panama. Accounting is to my knowledge required regardless, but since there are no filing requirements for companies with no business in Panama, it's very common to simply not do any accounting unless required for other reasons.

Click to expand...

Professionally lined out as always from you @Sols - all correct and nothing more to add.
 
I'm waiting for the first people to try your service before I jump on the train, but then if all is good I will order
 
undercover said:






I'm waiting for the first people to try your service before I jump on the train, but then if all is good I will order

Click to expand...

Client onboarding continues - major are former DLS Dubai Clients knowing me already since 5 Years - during May some of them should report back here.
 
Fred said:






I haven't used them for myself since a while and my latest experience assisting a client with it is from last year so I would say I can at least provide consulting for IBKR based on my past experience dealing with a couple of hundred clients but I won't guarantee IBKR Account Opening as I need to see the latest requirements and regulations.

Click to expand...

@Fred , I was about to ask you.

Whenever you get the updated information regarding the topic, please let me know what would be a good option considering getting an IBKR/Thinkorswim (cash accounts, not margin) account as the main motive behind the setup.
 
yeongsu said:






@Fred , I was about to ask you.

Whenever you get the updated information regarding the topic, please let me know what would be a good option considering getting an IBKR/Thinkorswim (cash accounts, not margin) account as the main motive behind the setup.

Click to expand...

@yeongsu we just opened for Client an Interactive Brokers Account for a Panama Offshore Company - I posted about it here in this Thread as well:














Post in thread 'Panama or Costa Rica Corp registering US LLC for Investment purposes'



May 18, 2025





Panama is definitely more popular for US Stock Brokers compared to Costa Rica and in General most likely the most streamlined Country for a Company Formation in South America.



We opened already successful with a Panama Offshore Company an Interactive Brokers Account - they requested a basic Balance Sheet - after we mentioned that no Audited Accounts are in place - worked perfectly fine.



What's the reason for incorporating a US LLC instead of forming a separate Panama Offshore Company which opens the Interactive Brokers Account?



If a US Stock Broker doesn't open for a Panama Company...





  • Fred












Basically we draft you a Asset Balance Sheet for your Panama Offshore Company and together with a proper Business Bank Account from a real Bank this keeps Interactive Brokers Happy and the client could fund already successfully 100,000 USD to his Interactive Brokers Account by using SWIFT Transfer.
 
Hi Fred,

I am interested in the Panama company option without Dubai residency. Right now, I am living in Asia as a digital nomad and trade crypto for a living.

This looks like a perfect solution for my situation.











Fred said:






The 0% Tax Panama Offshore Company is a Tax Neutral Vehicle without any Accounting or Audit requirements and due to the DLS Offshore expertise in the Crypto Market as well as having strong Banking Relationships you are able to get a 0% Tax Offshore Company with Crypto Exchange Account as well as transactional retail Banking for your Crypto Company.

Click to expand...



As you are offering a Hong Kong based crypto exchange account with the offshore Panama company.

Could the purpose of the company business be trading cryptocurrency/stocks?



I would only be trading myself and with my own funds. As I understand it, if the company trades through an approved crypto exchange and is not trading on behalf of clients then no licenses are required, is this correct?













Fred said:






the DLS Offshore Setup can build a bridge till the Personal Tax Residence is sorted.

Click to expand...



At the moment I'm living as a nomad without a definitive tax residence. Using your setup I could defer any profits until I have established a tax residency before taking dividends/salary.

Is this correct?











Fred said:






USDT to WPS Salary - use the Crypto On-Off Ramp Method we give you on hand with the 0% Tax Offshore Company all-inclusive to convert your USDT to WPS Salary with 0% Tax.

Click to expand...



Could this option or a similar option be available to customers not requiring the Dubai residence visa? Could the salary be paid directly in to the Panama company?



and finally:



Could you explain how the crypto off/on ramp would work for the Panama company option?



Thanks Fred.
 
Fred said:






@yeongsu we just opened for Client an Interactive Brokers Account for a Panama Offshore Company - I posted about it here in this Thread as well:














Post in thread 'Panama or Costa Rica Corp registering US LLC for Investment purposes'



May 18, 2025





Panama is definitely more popular for US Stock Brokers compared to Costa Rica and in General most likely the most streamlined Country for a Company Formation in South America.



We opened already successful with a Panama Offshore Company an Interactive Brokers Account - they requested a basic Balance Sheet - after we mentioned that no Audited Accounts are in place - worked perfectly fine.



What's the reason for incorporating a US LLC instead of forming a separate Panama Offshore Company which opens the Interactive Brokers Account?



If a US Stock Broker doesn't open for a Panama Company...





  • Fred












Basically we draft you a Asset Balance Sheet for your Panama Offshore Company and together with a proper Business Bank Account from a real Bank this keeps Interactive Brokers Happy and the client could fund already successfully 100,000 USD to his Interactive Brokers Account by using SWIFT Transfer.

Click to expand...

Wow that's even better than dubai if travel isn't needed.
 
I hope you already have a lot of customers so we soon can see a review from one of them with real experience. I'm very close to hook on your offer.
 
All these stories and questions and answers are just so fucking interesting!

I might want to use your service too, just mine requires the ceond citizenship too?



can we do it on Panama while I"m living in paraguay to gain the citizenship?
 
Nomadguk said:






All these stories and questions and answers are just so fucking interesting!

I might want to use your service too, just mine requires the ceond citizenship too?



can we do it on Panama while I"m living in paraguay to gain the citizenship?

Click to expand...

I don’t think this service is running anymore.
 
Clank said:






I don’t think this service is running anymore.

Click to expand...

Why don't you believe this, Fred has been very active on OCT ever since the thread was started.
 
alley said:






Why don't you believe this, Fred has been very active on OCT ever since the thread was started.

Click to expand...

He's not replied to any questions in this thread for well over a month. I'm very interested to hear from people that have used this service.
 
thaiste said:






He's not replied to any questions in this thread for well over a month. I'm very interested to hear from people that have used this service.

Click to expand...

Maybe he's just busy with his clients, who is actually reaching out to him through the website/direct channel?
 
Fred said:






Hi OffshoreCorpTalk Forum Users,



I was busy last couple of days to onboard the first clients for the 0% Tax Panama Offshore Company with HK Bank and Crypto Exchange Setup.



I requested every single of them to leave a review here of the service once the setup is up and running - not all of them require the Crypto Cash Out Scheme so it might take a bit time till someone is reporting back on it here as well.



I'm surprised that so less people are aware about the possibilities with Panama as an Offshore Jurisdiction and I'm looking forward to make the Panama Offshore Company Setup together with a 0% Tax Dubai Residence more popular among the OffshoreCorpTalk Forum and even thinking about offering 0% Tax Residence in Panama anytime soon - so that we are equipped with a back-up option for 0% Tax Dubai Residence in case Personal Income Tax in UAE rumors becoming reality.



I updated the initial Post with the DLS Offshore Offering as well and added answers to the most frequent questions.



Now let's answer your latest questions.



Definitely the EU will do whatever they can do to keep the people living in the EU poor and if they get some wealth how this remains stuck in the EU - I escaped 2018 and since then @Martin Everson is preaching the same: leave the EU as long as you still can.



Once you figured your way even when this most likely means you have to ignore certain rules and regulations - the services DLS Offshore offering might be interesting for you.



A lot of smart Business Ideas in the New Economy nowadays are not even possible to operate with EU Companies - not necessarily because of Taxes but because of all the bureaucracy, rules and regulations in place.



I get your point and yes fair enough - better avoid interacting with a Panama Company in Business with EU Companies.





0% Tax PANAMA Offshore Company all-inclusive (Nominee Director inclusive)

0% Tax Panama Offshore Company, Hong Kong Bank Account, Hong Kong Crypto Exchange Account



Setup Cost: 6,300 EUR

Renewal Cost: 3,000 EUR



0% Tax PANAMA Offshore Company all-inclusive with Nominee Director & Shareholder from EU



0% Tax Panama Offshore Company in Nominee Name, Hong Kong Bank Account in Nominee Name, Hong Kong Crypto Exchange Account in Nominee Name, Debit Card in Nominee Name upon request



Setup Cost: 9,300 EUR

Renewal Cost: 6,000 EUR



0% Dubai Tax Residence all-inclusive - USDT to WPS Salary

Visa Process - 8,500 AED (every 2nd Year)

Admin Fee - 12,000 AED (every Year)



Terms & Conditions apply based availability.





The benefit of the 0% Tax Panama Offshore Company Structure would be that you don't have the tax and bureaucracy as a Crypto Trader in most high tax countries such as that every trade is a taxable event and sometimes even the Tax Authorities don't know how to treat your Activities in the right way.



You keep the Crypto Trading Activities in the Hong Kong Crypto Exchange Account in the Name of the Panama Company and whatever you want to keep in Fiat or invest further in Fiat you can withdraw to your Hong Kong Bank Account in the Panama Company Name.



Whatever you want to have in your Home Country you can take out either in Cash at ATM or you Wire the Money in a context that makes sense for each individual situation and of course you gonna have to pay tax on it - Nominee Director & Shareholder Setup might make sense to distance yourself in front of your Home Country Tax Authority from the Ownership of the Panama Company in CFC Rules & PE Context.



Always recommend a Personal Zoom Call to determine things in detail based on each client individual situation.



0% Tax Panama Offshore Company or how you call it Sociedad Anonima short S.A. (Company Name Ending can be Inc. or Incorporation as well) doesn't require 2 Shareholders, you can be sole shareholder and at the same time director, secretary and president however you require in total 3 Directors and that's why we provide the Nominee Directors even in the default basic package - Panama Nationals with Panama Residence in this case.



People here in this Forum usually search for 100% Privacy and 0% Tax - Panama has no Public Company Registry and no Corporate Tax and at the same time no Accounting or Audit requirements.



With a HK or SG Company you have to pay Taxes, run Accounting and require Audited Financial Statements.



If someone is making 500,000$ per Year it makes a difference if you pay 0% Tax like in Panama, 8-15% Tax like in HK or even more like in Singapore.



Banking and Brokerage Accounts are not a problem if you take a competent Provider who has a good reputation and a long track record in the industry like we at DLS Offshore have.



Best you send us an email [email protected] or you message me on Messenger



WhatsApp/Telegram/Signal: +971 52 2561744

Click to expand...

Hey Fred glad to see you back here.

Sounds like a very interesting offer and as an ex-dls dubai client im inclined to try it out after my hiatus.
 
fipikcom said:






Which Crypto Exchange Account in Hong Kong includes in package?

Click to expand...

BITFINEX











mytoofood said:






I hope you already have a lot of customers so we soon can see a review from one of them with real experience. I'm very close to hook on your offer.

Click to expand...

Unfortunately we experience a delay right now due to the unexpected high interest in our service - first Setups are getting delivered right now and I ask the clients once the Setup is un use to leave a review here - like always 1 out of 10 happy clients leaves a review and when 2 Reviews a days appear it's already seen as fake review - please consider the DLS Dubai 5 Years of History here in the forum as well and see how long lasting our Setups at DLS are.
 
Nomadguk said:






All these stories and questions and answers are just so fucking interesting!

I might want to use your service too, just mine requires the ceond citizenship too?



can we do it on Panama while I"m living in paraguay to gain the citizenship?

Click to expand...

Sorry I don't get your question - please send a Message on E-Mail [email protected] or WhatsApp/Telegram/Signal Messenger: +971 52 2561744.











thaiste said:






He's not replied to any questions in this thread for well over a month. I'm very interested to hear from people that have used this service.

Click to expand...

I invest all time right now to serve the clients - we did onboard too many at a time and are behind the curve - to respect the paying clients waiting for the Setup (which I have to admit is taking longer then expected right now) and not pushing further here in the forum - I want to have some clients reporting back here as well once they use the Setup this saves me a lot of questions and back and forth as well.











Nomadguk said:






Maybe he's just busy with his clients, who is actually reaching out to him through the website/direct channel?

Click to expand...

Exactly this.













JackAlabama said:






Hey Fred glad to see you back here.

Sounds like a very interesting offer and as an ex-dls dubai client im inclined to try it out after my hiatus.

Click to expand...

Hi @JackAlabama just met 1 month ago the other guys in Dubai, feel free to touch base with me once you transit through Dubai and we grab a coffee.
 
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