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Published 374 articles

Best Bank Accounts for Independent Contractors in 2023


Some independent contractors (or freelancers) work for customers located in foreign countries. Professional skills and Internet connection can be the only two things required for doing the job. However, the freelancer needs to be paid and if the customer is in a foreign country, an international bank account becomes a necessity.

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Which European City Is Rightfully Called the Banking Capital of Europe and Why?


European banking capitals. European financial hubs rated. Global Financial Centers Index (GFCI). International Financial Centers Ranking 2022: business environment, scope of financial activities, capital market size, availability of human capital, quality of business infrastructure, reputation, and international capital management as factors assessed. Strengths of European banking capitals. Amsterdam, Geneva, Frankfurt, Paris, or London – top banking choices among European financial capitals.

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How Do Offshore Companies Work?


How do offshore companies work? What’s the upside? The bottom line is the right country, entity (trust, foundation, LLC, etc.), and account. You’ll need knowledge, resources, and a business plan. If you have a reliable advisor, the rest will take care of itself. Prof. experts and services.

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Can I Have an LLC and Do Nothing with It?


It sometimes happens that you open an LLC but subsequently stop all business operations – or fail to start them at all. What happens to your company in this case? You may think that it does not exist because it does not operate. However, it looks different from the legal point of view: your company still exists, so you have at least an annual duty to pay. But how to make your company work for you even if you are not planning to actively engage in any business operations in the near future? There

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How Much Does It Cost to Start an LLC Abroad?


How much does it cost to start an LLC abroad? How does the total cost add up? What should you consider when buying or forming an offshore LLC? How can prof. services and expert counseling help you with an offshore company setup?

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Asset Protection: A Complete Guide For Dummies


Do you want to take care of your asset protection? If you don’t know how to start, here is an article for you. We look at the main notions associated with the topic of asset protection, consider possible ways of legal protection, and see how it all works. You will find out how the trust structure can protect your assets and who are the founder, beneficiary, and trustee. You will also discover why courts cannot seize your assets under certain circumstances and why your trust may be considered a f

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