Recent content by Propheit

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    Anyone into tech startup investments?

    You’re probably better off with purchasing penny stocks that’s about to pop Like there’s a u.s penny stock that’s getting institutional attention because of their patented specific neural network architecture used in their deep learning neural networks.( they’re a language translation...
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    TikTok EIN

    The EIN given will be recognized as a national ID # So if that’s what you’re signing up under, then the holder of the LLC will be less of a concern. So chances are yes, if you structured the LLC properly
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    Cashing out my monthly crypto ''salary'', how to go about this?

    Some of my clients look to solve this difficultly as well If you have financial limitations in your respective country you’ll have to have operations in a reciprocal arrangement territory or country Once you’ve established that, you’ll need to leverage your crypto, then you’ll be able to...
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    Questions about TAX in Debai

    I currently have a client with this type of business throughout the Middle East, Canada and South America From experience, The taxes and cost of doing business in the respective countries is solely dependent on the business structure and flow of operations Structured properly you’ll see huge...
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    LLC gets taxed as S-Corp?

    For the largest write offs I structure my clients LLCs as elected S corps Utilizing standard LLCs for any industry wouldn’t get you the best tax results
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    Business and advice for sale

    I’m interested in this purchase What industry is the business registered in?
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    Payslip check in bank statement

    You’re looking for a chase bank statement?
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    Company address and Tax ID?

    You should definitely get a tax id, but a tax id written on the invoices to your customers isn’t necessary. It sounds like the client is just looking for large write offs, which is ok but to that end, it’s not your responsibility I always get me clients tax ID # and large write offs, but never...
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    Setup anonymous company in UK how?

    It’s called shell corps, it’s equivalent to walking in a store fully masked, yes we know there’s a person in the store but we can’t identify said person because of the mask they have on, which makes their identity anonymous. Shell corps are mask
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    Setup anonymous company in UK how?

    Setting up a company anonymously is called a “subsidiary” and it’s perfectly legal. To simply set this up, you must have a current entity own a UK entity, meaning your uk company identification # must say “Company A” is owner of said UK entity
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    Question about "Bank of America"

    It’s definitely possible if you have or can make the relationship with one of their business bankers or a Merrill lynch banker. Long as you have the paperwork in order it’s fine. I’ve been opening accounts in the states remotely for years
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    How to Set Up a LLC in USA for Non-Residents + US Bank Account (all sources shared)

    Did the llc you purchased come with an EIN? or did you buy it separately And you can use Ipostal as a corporate address, 10usd per month sometimes even cloud banks reject an application if there’s no ss-4 form and or an operation agreement to the entity And was the corp you bought aged or...
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    Wise bank account for US LLC?

    A cash management account is similar to a brokerage account. It’s a hybrid of a checking&brokerage account. CMAs allow you to move money effortlessly national and internationallly and most CMA’s are free to open with no monthly service fee but it has nothing to do with wise. So wise at this...
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    Wise bank account for US LLC?

    Depending on the currency volume you’re better off opening up a cash management account under your LLC, the withdrawal process is much more seamless than wise
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    Wise bank account for US LLC?

    I don’t think wise is useful after 30k usd monthly, most commercial platforms will deny you services after that amount. My suggestion is cash management accounts and treasury management accounts in combination you can apply this to receive any currency in the world as well
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