You Open An Offshore Account With Union Of Comoros PowerPoint PPT Presentation

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Title: You Open An Offshore Account With Union Of Comoros


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You Open An Offshore Account With Union Of
Comoros
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  • Advantages of an account abroad with Union of
    ComorosIf you open an account abroad, it is
    initially fully functional and you have all the
    options that a domestic bank account would offer
    you. However, offshore banking (without the
    exchange of information) has a few special
    advantages to offer    The account is not
    known to other people (e.g. former spouses,
    current girlfriends, or business partners)  
     Protection against currency crises and
    devaluation of money    Protection against
    possible state intervention (e.g.
    expropriation)    Saving from negative interest

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  •     Money in offshore accounts is not on the
    table in litigation    Simplified access to
    international financial markets    Possibly
    other benefits (e.g. lower fees, reputation,
    etc.) in the country where the foreign account
    was openedMany questions also arise Is my
    foreign account safe from seizure? In this
    context, we can only tell you that seizures are
    now possible in a simplified manner - especially
    within the EU. But a garnishment of the account
    requires that someone has knowledge of it. This
    is not the case for accounts without automatic
    information reconciliation.

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  • How the situation is to be assessed legally is
    another matter. A lawyer who is also bound by
    attorney-client privilege and cannot divulge
    anything would be the right contact person to be
    on the safe side. An offshore account should not
    be used to do legally questionable things. The
    impending penalties are severe and the risk of
    being caught is increasing in the digital
    age.Is it legal to save on taxes with banks in
    Mwali account?
  • You've probably heard stories like this in the
    past. But unfortunately (or rightly so) we have
    to disappoint you here You can't save taxes with
    just one account - at least not in a legal way.
    Of course, you can use an offshore account to
    divert sales that the tax office never sees. But
    this is illegal and thus not the way you should
    go.

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  • But you can still save on taxes with banks in
    Mwali account. If, for example, there is a tax on
    assets in local bank accounts or if a bank
    charges negative interest (disguised as a
    "custody fee"), you are definitely more broadly
    positioned with one or more offshore accounts and
    protect yourself from such risks.On the
    contrary In some countries, you even get
    interested in the money that is in your private
    account. Of course, you have to weigh up the risk
    here and, for example, question whether the
    deposited assets are protected by deposit
    insurance.

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  • Of course, an offshore Union of Comoros account
    can be a first step to gaining a foothold in a
    foreign country (such as Mwali). If you emigrate
    from another country, it is very likely that you
    will find a country where you will pay less tax
    than here. In this respect, one can say that you
    cannot save taxes directly with an offshore
    account, but you can lay the foundation for one
    day to be able to turn your back on your country,
    the world tax champion.

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