Blog
Blog
How can one establish a bank?
The dream of so many people is to have their own bank. But the wrong thing is having in mind, that as a bank owner, you can do whatever you want. Every bank and financial institutions must comply with the laws of the jurisdiction where they are incor… Read more
Panama's banks affected by the blacklist of the European Union
Panama’s banks could be affected by the European Union's decision to include this country in a list of 23 nations with insufficient/weak controls against money laundering and terrorist financing. However, the Panamanian government has tried… Read more
Why do we seek for a lawyer to write a contract?
Unfortunately, the days when "words had more value than a paper” are gone and today, most relationships (businesses, marriages, works, etc.) ends sooner or later in court. Contracts are public or private instruments, which establish agreem… Read more
What are the advantages of Swiss companies?
In Europe, dividend flows distributed between companies belonging to the same group can benefit from specific advantages provided for by Directive 90/435/EC (the so-called parent-subsidiary directive), introduced to avoid double economic taxation.… Read more
Law firms specialized in cryptocurrencies litigation
Bitcoin, Litecoin, Ethereum, Dash, Ripple and Zcash are the most widely used Cryptocurrencies nowadays and together, they make up a multi-million dollar decentralized market, but not without problems. Initial fraudulent currency offers (ICO) and unpa… Read more
How to open a bank account abroad
The days when banking secrecy was one of the strengths of financial institutions is part of a recent past that will never come back. Therefore, the farewell to anonymity is definitive. Today, opening a bank account abroad is very complicated, because… Read more
Bank accounts in the Principality of Monaco
These accounts are intended for individuals or companies wishing to maintain important accounts (1 million and a minimum balance of 3 million) in an offshore banking place and in a stable country with a long capital management.
The Principality of M… Read more
The fake banks of the Comoros Islands
By now, this scam’s scheme has been going on for two decades, but there are still a lot of people who are being scammed. The other day a friend of mine called, asking me how he could cash a check from a bank in the Comoros Islands, the Soci… Read more
Which offshore company to choose and why?
The laws that allow the incorporation of offshore companies, i.e. companies registered in a tax haven that allows to operate at zero taxes, are almost all inspired (I’d say copied) by the law of Delaware, United States and almost all, amended i… Read more
VoIP telephony services, OPMVOIP
OPMVOIP's telephone services permits the use of mobile phone numbers, i.e. you can own a phone number from a given country and answer calls from around the world. This means, in practice, that you can answer your calls from Madrid or Buenos Aires… Read more
Frequently Asked Questions about offshore banking
The times of numbered and anonymous offshore bank accounts are over. It’s no longer a question of being rich or poor; opening an offshore bank account today is almost impossible. The new international regulations force banks to identify their c… Read more
How do I accept online credit cards with offshore activity?
By Giovanni Caporaso Gottlieb
This is a service that we do not offer directly because the channels are often tedious and have uncertain results that depends on so many external factors, such as the website, activities, products or services offered… Read more
What is mediation during conflicts?
Extrajudicial mediation is an alternative method that offers effective solutions for disputes, through voluntary dialogue between the involved parties. Mediation in a conflict can help save a lot of time and money and can be more effective than a lon… Read more
How to open a foreign bank account online?
Are you planning on opening a personal or business bank account? Here at Caporaso & Partners we’ve had 30 years’ experience in opening foreign bank accounts, both in dollars and in euros.
Unfortunately, the days of the bank secrecy… Read more
Tax information exchange: unbelievable, but true!
Seven countries, several of them considered tax shelters, were recognized as “abiding” with the international standards of tax transparency, according to peer reviews, undertaken by members of the Global Forum of the Organization for Econ… Read more
The OPM CORPORATION Network
We have created a network of specialized web portals to facilitate our clients’ searches.
1. www.caporasoandpartnerslawofficepanama.com
The official portal of the Caporaso & Partners law firm offers international legal services;… Read more
Know the real causes of capital flight in the world
Capital flights have been identified by the countries that impose the most taxes on their citizens as one of the main causes of the low growth of national economies. In a defamatory publicity campaign, supported by more than a few communication media… Read more
A legal second passport, a necessary option in today’s world
The portal web Second Legal Passport is part of the OPM Corporation’s network, and these days is considered one of the most complete platforms for all those interested in obtaining a second passport and a second residence.
In today’s t… Read more
CryptoCurrency10, all of the answers about cryptocurrency world
CryptoCurrency10 is the web portal belonging to the OPM Corporation network, specializing in the cryptocurrency world. On the platform, the internauts have free access to the most up to date, very informational, content on cryptocurrencies, like anal… Read more
Naturalization in Panama
Permanent residents in Panama can, after five years of residence, opt for naturalization (citizenship) by presenting these documents:Requirements for requesting nationality papers, paragraphs 1-2-3 (Art. 10 of the Constitution).
Power and Request … Read more
OPM wallet: encrypted wallet for sensitive data
The OPM wallet will help you protect your password and personal data from hackers and cybercriminals.
Enough already with trying to remember all your passwords! And what about all those stupid security questions? Who can remember them all?
You… Read more
New options of prepaid debit card
Unfortunately, Visa and MasterCards have cancelled most of the offshore programs offering prepaid debit card services from various offshore banks. Programs are now geographically limited. If you are a European citizen or resident, you may apply … Read more
Offshore Banks Directory: the best help for finding your offshore bank
The Offshore Banks Directory, which is part of the OPM Corporation Network, is recognized as the most complete and up-to-date directory on offshore banks. On this platform, it is possible to consult news, access the characteristics of the world… Read more
The European Union widens its tax havens blacklist
The European Union has decided to add 10 new territories to its tax havens blacklist, in which 15 jurisdictions now appear. The lack of information exchange agreements, the possibility of creating companies with opaque ownership structures and the no… Read more
Caporaso & Partners Law Offices: your best option for international negotiations
The official portal of the Caporaso & Partners law offices is the front door to the OPM Corporation network; it is comprised of a series of platforms that offer different services, from opening offshore companies and bank accounts, to buying and … Read more
Tax Havens, the most complete website about offshore companies and banks
TaxHavens.US is the platform inside the OPM Corporation network specialized in offshore companies and banks. This site was one of the first ones to arise and deal with the offshore world and today continues to be a referral point on the world of offs… Read more
Caporaso & Partners offers application processing for SWIFT numbers
The Caporaso & Partners law firm offers financial managers and corporations the possibility of processing their SWIFT number so that they can communicate with more than 10 thousand financial entities throughout the world.
SWIFT is the acronym … Read more
Offshore finances, the central operative system of the world economy
The industrialized countries continue to attack the offshore financial centers, through an enormous propaganda campaign in the most diverse media platforms; however, the numbers clearly demonstrate that the world economy moves from these jurisdiction… Read more
Tax planning: foundation vs Anglo-Saxon trust
Protecting your goods is essential in a society like today’s, where your capital and goods can be attacked by the State, ex-spouses, business partners or even by unstable people who feel damaged and demand unfounded compensation. And it’s… Read more
Estate planning, the art of organizing your future
Estate planning goes beyond the final objective of the desires shown in the will, in which the last desires are respected regardless of local legislation and without possible debts affecting the property. This planning comprises a series of legal act… Read more
Offshoring and its tax and legal benefits
Take note, also, with the English term ‘offshoring’ in economy, or delocalization, in opposition to localization, represents a precious resource. As the Caporaso & Partners law firm quite correctly emphasizes, therefore, offshoring an… Read more
How to open a bank account if you have bad credit
Table of Contents
Who is a client with bad credit or at risk?
Can a person with bad credit open a checking account?
The characteristics of a checking account for credit risk clients
How to find an account for credit risk clients
What… Read more
Personal bank accounts vs corporate accounts: which is the best option?
For a long time, corporate bank accounts were considered the most ideal solution for protecting financial resources; however, these days this view has changed. In an environment of harassment about everything related to the offshore world, personal b… Read more
The Death of Belize’s financial System
Belize’s financial system is going through one of the most complicated moments of its history, between the abrupt closure of two international banks and the heavy accusations of corruption against the Governors of the Central Bank and for the i… Read more
Rehabilitation of Permanent Resident status in Panama
The National Migration Service has issued Resolution No. 17045 of August 29, 2019, which establishes that all foreigners, with permanent residence status in the Republic of Panama, that have left the country for a term between two (2) and up to six (… Read more
Five Clues that Indicate the Next Economic Crisis
The next economic crisis could be much closer than some experts predict and even exceed the severity of its predecessor of 2007. The following clues are five clues that prove the preceding statement.
The first element that has been overlooked by v… Read more
What to do about frozen accounts?
There are various reasons why a bank or financial institution can freeze your bank or financial institution account:
Your failure to comply with the KYC (Know Your Client) and AML (Anti Money Laundering);
Because of a court order due to civil… Read more
How to pay zero taxes selling on Amazon
Table of Contents
How can I sell online?
What is Amazon, the pearl of electronic commerce?
What are the advantages for sellers who open a shop on Amazon?
How can a private individual open a virtual shop on Amazon?
What are the limits… Read more
British Offshore Companies
Table of Contents
If the company doesn’t operate in the United Kingdom, the partners don’t pay taxes
10 advantages of LLPs in the United Kingdom:
All-inclusive packets
The British LLP Companies, or rather UK or United Ki… Read more
Where not to keep your savings
What can I do with my savings? Where can I safely protect them? These are the recurring the questions of those who have successfully kept a few savings and live, quite rightly, in fear of losing them. Keeping them under the mattress, with steadily gr… Read more
Tired to pay taxes?
To set up an offshore company and relocate your business overseas is a crucial step toward internationalizing yourself and your assets. There are 100% legitimate ways to structure your business interests overseas and realize signi… Read more
Why Incorporate An Offshore Company?
The incorporation of an offshore company continues to be one of the best solutions for those who are trying to create an international business, protect their assets and reduce the abusive tax burdens that reign in most countries.
Offshore compani… Read more
Belize places two offshore banks in forced liquidation
In less than a year, Choice Bank and Atlantic International Bank, two offshore Banks in Belize, have been liquidated, by order of the country’s Central Bank. These extreme measures have provoked serious economic damage to their customers and ha… Read more
Blacklists, a commercial weapon against countries that offer low taxes
The commercial wars of the second decade of the XXI century appear to develop around the blacklists. Opposing countries turn to this mechanism to pressure one another; meanwhile, the governments that load their citizens with the most taxes also turn … Read more
Belize exits from the blacklist of tax havens, but its banking system crisis continues
The European Union decided to take Belize off its blacklist of tax havens; however, the Central American country’s banking system continues to sink in a deep crisis and has lost all credibility in the eyes of the world.
After Belize’s … Read more
The Choice Bank saga never ends
By Giovanni Caporaso Gottlieb, Panama’s Attorney at Law
The nightmare for the account holders of the Choice Bank of Belize, placed in forced liquidation by the Central Bank of Belize doesn’t appear to have an end in sight, once again s… Read more
The Dominican Republic receives 2,600 million in direct foreign investments in 2019
The Dominican Republic will have received more than 2,600 million dollars in direct foreign investments, an amount that exceeds the annual average of the last decade, when the Caribbean country raised, during this period, a total of 27,000 million.
… Read more
Marco Saba: Yes for striking against taxes
Interview by the lawyer Giovanni Caporaso Gottlieb, with the economist and forensic accountant Marco Saba
Why do the Italians have to pay so many taxes?
Taxes are used mainly for paying annuities to those who have acquired titles for the … Read more
How to open a bank account in Panama
After the Panama Papers, the offshore world has changed, especially in Panama. Opening a bank account in Panama these days isn’t as easy as it was before; however, the isthmus’ Financial Center continues to be attractive, with its 2 State… Read more
The cheapest and most expensive cities in Latin America in 2020
Bueno Aires was recognized as the cheapest city in Latin America, according to information released by the data base Numbeo, which took into account the prices of goods and services for each of the largest cities studied and didn’t analyze the … Read more