Birth of a StartUp

Birth of a StartUp for the officials of the SHADOIT BUSINESS CONSULTANCY LTD is always a work that ignites a new spark, new life and new adrenaline that we always believe necessary to perform our work better

Birth of a Start Up

When we are commissioned a new application for the registration of a new company that can be implemented in the Delaware in that England, the first step to which we hold in particular is the meeting that can be done by phone, by Skype or in person.

During the first interview we have the opportunity to listen to the needs and aspirations that the future manager has and the problems he thinks will have to face for the birth of a StartUp.

Our officials are always supportive and prepared to explain and advise the manager on the solutions most suitable for him so that his project can take flight and pursue an uneven road that allows him to see day by day realize his idea.

Work continues, personal relationships are tightened up with the client, followed step by step, intervening on every possible obstacle, and the company can be registered and registered thanks to one of our agents authorized to do so, waiting anxiously for official documents to appear. .the new company was born and is now a young reality ready to operate.

At this point we are carefully prepared to face all the requests of the various banks and in the meantime our agent makes the report (for England) to the HMRC (British tax agency) of the new entry.

This is the long awaited moment, the confrontation with professionals from the banking world who do not see the creation of a StartUp by foreign subjects and put stakes and questions often studied to make life difficult for those who would like to work with them because they demand the maximum seriousness and professional preparation.

Our officials are very competent and always ready to face all the eventualities to counter the truth and with adequate responses to the various situations, always providing very comprehensive and clear arguments that allow the bank manager to understand that he has serious people in front and that the future manager is a person able to enter the business world.

The documents are approved at the bank, the multi-currency workspace is prepared by us and the debit cards are ordered and valuable advice that the entrepreneur must always keep in mind, which will be useful for carrying out the autonomy in full autonomy. his business and his relationship with the bank.

Spend a few days and a smartphone is prepared with an English card which, besides being used for conversation and messages, will be very useful for the customer to manage his bank account with speed and dynamism.

It comes the day of delivery of all the documentation, the smartphone and the latest advice, he is told not to feel abandoned because now he can start working with his new company and will be able to contact us for any problem at any time. as the advice is of vital importance for the conduct of a business conducive to the birth of a StartUp.

Our work is finished, we check that everything is in order, that the contract has been respected up to the last line, we listen for one last time to the client that for us it was like following a friend and we meet to see and discuss of any problems that can be presented and how they have been resolved, all this because it is business and professional growth also for our officials.

We look into each other's eyes and beyond the satisfaction we see a hint of melancholy, it feels like a doctor who witnessed the birth of a child, follows him for some time and then sees him go away, like an actor at the theater at the moment in whose representation ends and the stage lights are lowered but, in the end, they are satisfied and convinced that tomorrow will begin a new professional adventure and there will be new challenges to be won.

Often entrepreneurs think of opening a new company and have many ideas but our task is to convey many concepts and channel them to make them clearer objectives and avoid procedural errors, neglect in planning and financial sustainability and other mistakes that can often be made when it is at the beginning for the birth of a StartUp, being convinced in the strength of those who have the courage to bet on a better future.

Many wonder how a new company is born and the answer is always the same.

Companies are born from ideas, from notes thrown down in a way that is often not well ordered but clear in concepts, from graphic projects and often from processes that change during the development of the thoughts of a business that could allow us to turn the idea into a work activity .

We must always be able to realize the ideas so that they can become economic processes, study the target you want to achieve and see what is the ROI (Return Of Investment), that is, following a certain investment which will be the financial economic return after the birth of a StartUp.

It is necessary to study the market and estimate the time it will take for our project to start developing concretely, transforming itself day by day and capturing the attention of those who frequent the reference market.

It is often easy to imagine what will develop our idea and how long it will be possible to assert itself but we must always keep in mind that the statistical numbers must always be taken with the benefit of the doubt and the financial returns that you think will bring will initially have to be considered always a tenth of the estimate made; this will allow us not to carry out the so-called false steps and to carry out a series of operations necessary for the development of a Business Plan.

The simplest ideas, which are not easy to replicate and the estimated cash flows will be the rules that will allow us to develop a good business.

The preparation of proposals and contracts, the expansion of ideas that will have to be transformed in an orderly manner, will allow a young entrepreneur to find the right path to success thanks to the birth of a StartUp.

Conducting analysis simulations and studying the economic scenarios will allow you to understand any weaknesses in your idea and find the right solutions to avoid the level of financial risk, managing to win the trust of who will be the estimator and user of our business, succeeding in a reasonable time to realize the business and capture the trust of who will be the user.

Our consultants are at your disposal, if you are seriously interested do not think about it and contact us


Birth of a Start Up

England for business

England for the business, here is a resurgence of a whole series of perspectives that certainly require the attention of those who want to do real business and especially quickly as they are not usually used to

England for business

First of all, it must be said that in England taxation is one of the most appreciable as it is transparent and has a fixed rate of 19% up to 1.500.000 GBP (one and a half million pounds) and already the right to pay taxes appropriate to The work that one carries out is the greatest advantage we can find in a continuously oppressed Europe.

Contrary to other states that adopt very aggressive fiscal policies, from the police state, England prefers social peace and trust towards its taxpayers who hardly betray the expectations of this important and serious state.

The business is running fast and thanks to the fact that today we can sell lots of glasses and tomorrow we can decide to sell whole banks of potatoes, the profit is in first place and the companies enjoy a whole series of innumerable tax benefits dictated by a real and a real bureaucratic simplification that makes it easier and quickens the possibilities offered by international markets.

With BREXIT, the possibility to further reduce the tax rates is being considered and the opportunity to get off from a 19% to a 10% is achieved thanks to the lightening achieved by the separation from the heavy European burden, making England primary for the business

Many professionals suggest, before registering a company in England, to register one or the Maldives, or in Belize or in the Delaware and then make them become majority shareholders in the new companies that will be established in Great Britain.

This is not, according to our consultants, of primary necessity, as you can still sign agency contracts with other companies and pay the 95% of profits leaving a 5% in England, on the amounts of which we will have to pay taxes.

The substantial difference consists in the fact that maintaining a clear separation between companies, could be useful in the near future in the case of problems with the British company, although it could reduce the already low taxation.

To open a company in England for the business is to have acquired a higher gear compared to its European and above all Italian competitors, because first of all there is not the burden of the Data Protection Agency that obliges us to fanciful registrations, but it is only compliance with net-etiquette and data processing rules is necessary.

We do not have the problem of declaring VAT because the VAT number is not issued if we do not reach a gross amount of 83.000 Pounds and the time to get it varies from 3 months to 5 months and to year end, in case we exceeded this amount , we will only have to pay 10% on income.

The notaries to whom we are accustomed to draw up contracts, develop any corporate relationships and other, are no longer the cornerstone of the companies as all operations can be carried out quickly without their indispensable presence with considerable savings.

England for business

The companies do not pay taxes until the twenty-first month and will have the sole obligation to keep the accounts simple, orderly and fast thanks to some very intuitive online applications or using the billing package of the SHADOIT BUSINESS CONSULTANCY LTD.

The corporate form most used in England is the Ltd (Private Limited Company) which is the equivalent of the Italian Limited Liability Companies (Srl) but with the difference that a British Limited enjoys unimaginable advantages for a manager accustomed to working with Italian companies , distinguished by slenderness, economy in the constitution and drafting of contracts.

In England for business, English Limited can have up to two Directors (Directors) but usually only one is appointed who can also be the sole shareholder, there is no limit to the minimum amount to be paid for the company incorporation ( a share capital may also be declared by 1 GBP), and unlike Italian subsidiaries, although there is a separation from shareholders and directors by only responding with the share capital or percentage thereof, a Director is unlikely to be persecuted if the company fails to stand out good financially.

With the creation of BREXIT and the agreement with the European Union, England has managed to further grab the benefits it already enjoyed in the past for free trade and trade, but having a free hand for bilateral agreements with other countries without the limits that the European Union imposes on its member states.

However, there is the problem that many people pose for what is defined "Foreign dress", but this is also one of the many harassment that some States try to put in place to tax their citizens and to avoid their effects, we resort to the so-called "nominee" and that is, people resident in England who lend their name to make us Director and Shareholders, releasing a depository fiduciaria (in the case of shareholders) and a power of attorney (in the case of directors) and legally allowing us to drive the company as we believe it may be for the business we intend to develop, or by first establishing a company in Delaware ( USA) which among other things has 0 (zero) taxation and then incorporating the company in England as Ltd where the Delaware company (USA) is holder of the 100% of the shareholder and even if we are appointed Director, not it is essential that we receive a salary that should, logically, be taxed in the State of our residence and therefore we can exploit the England's business opportunity.

England for business

If you want to open one offshore companies in England SHADOIT BUSINESS CONSULTANCY LTD it will provide you with all its experience and assistance dictated by important financial advisors and partner companies of significant experience and importance, allowing you to quickly reach your goal in complete safety and in full legality and above all with a minimum bureaucracy.

You can always count on the advice of our professionals and our partners for your business operations, to search for possible investors in your projects and to protect your capital and assets thanks to the close collaboration with an important and above all , serious Corporation company of Panama, which may constitute foundations that will shelter your assets or request us to register LLC company in the State of Delaware (USA) for protect your assets and capital obtaining documentation that is perfectly in line with European standards (apostille and notarized documents as prescribed by the AIA Convention).

You ask us to act in your name (fiduciary relationship) and you can ask us for agrowing bank accounts in geo-politically stable countries where others could not succeed in the enterprise because you are not resident in that country, but where we have, over time, have maintained business relationships and state relationships of primary importance.

Our guide for your business will be an added value that will allow you to do business quickly and in total safety, being able to also avail of experienced lawyers with considerable experience in international law, expert accountants and senior officers with years of experience gained behind the shoulders in prestigious companiesEngland for businessde international.

Our consultants are at your disposal, if you are seriously interested do not think about it and contact us


England for business

Protect bank savings and assets

Protecting bank savings, this is the worry that is putting into crisis thousands of families of Italian savers contrary to what happens in Britain where the economy and a very solid territorial finance breathes different air even if the mass media make us believe there is an institutional crisis

Protect bank savings and assets

The Italian Government with its irreducible attitudes, not trying to rethink in any way the change of the financial maneuver, but making only very small adjustments to allow the maintenance of beautiful electoral promises for a people so harsh that they arrived at 5.000.000 (five million) of people on the threshold of poverty, where they should have state finances in order and not a frightening public debt, are coming to a fight with the European Union.

Everything starts from anti-Europeanist thoughts of the two majority parties that before the elections praised the return to the Lira as the solution to all the ills of Italy, not saying that it would only be worth 70% of a Euro due to the immediate devaluation (70 cents for 1 Euro) and that the debts should however repay them not in the former new sovereign currency but in the current currency (Euro).

Italianism and the return to the claim of respect from other countries is commendable and even some of us of SHADOIT BUSINESS CONSULTANCY LTD who are Italians would like the good of their country because they love it and every day they feel disappointment and indignation for what is happening , but we are not professionally, absolutely agree with these anti economic and financially dangerous systems, which will lead to a sure recession after a first financial rebound and probably even more poverty with the possible advent of the Troika that economically destroyed Greece.

Let's start by saying that after the approval of the bail-in bank account holders are required to participate with their savings to reorganize the bank in the event of bankruptcy or probable bankruptcy and that this is already a profound risk for those holding capital on current accounts without having diversified its investments.

Why Italians are afraid of the economic crisis?

The affirmations of a party shareholder of the Italian government, those always praised by the previous governments on the solidity of the country thanks to the education of Italians inclined to bank savings, have sparked the eyes of other Euro-Group countries that despite having finances in order or almost in order, do not enjoy the economic wealth of Italy and correctly, Germany in the lead, have already aired the possibility of lowering the Italian public debt with the economic aid of Italian citizens by means of an equal levy to 20% on all bank accounts, bringing Italians to act to protect bank savings and assets.

Useless the move of Italian banks that are proposing the exchange in another currency, because even if doing this operation, in case of a forced withdrawal could not but comply with the government directive and in the meantime have immediately capitalized and earned on the exchange made.

In case of return to the Lira and forced withdrawal to avoid the European Troika, not only the savings but also the salaries of the state and the pensions that are part of the Italian public finances will be affected, but they all look at it from saying it ; a founding state of the European Union would be brought to its knees.

The fact is that some pseudo economists say that the purchase of Italian government bonds and Italian bonds are a safe and guaranteed investment does not correspond to reality, as in the event of a serious crisis and return to the Lira, they would be immediately renamed in the ex- new currency with an unimaginable financial loss in the worst case: "The default".

Discourse would be different for Italian shares, where they would most likely find an appreciation on the stock exchange to offset the devaluation in the first period of rebound, but the loss in value of the new currency would be significantly higher, always remembering that this would not be the case for bank shares the banks with billions of Italian bonds and very high loss of capital would be at risk of failure and it is therefore clear what would happen to Italy if it decided to leave the European Union.


How can we protect savings and therefore capital?

It is not very complicated to understand that we need to diversify on more investments and shift our savings on different banks, both in the Eurozone and outside the European Union, but in geo-politically reliable and secure countries and especially with banks that have agencies present. at least in the UK where it is important protect bank savings and assets.

The advice that many operators are giving, is to open online accounts and move their capital, but this does not correspond to good advice, as many e-banks have proved unreliable over time because they do not have a banking license and therefore with a serious risk for guaranteed capital, especially in this difficult period for European financial economies.

Needless to reiterate the concept of NON-EVASION, as it is sufficient to declare its current account that MAI may still be the subject of assets if opened in a foreign state and pay VATFE and 2 × 1000 on the average annual stock to the Italian State, then a ridiculous amount also protected by the European Central Bank with very stringent and secure rules that help protect bank savings.

It is normal to think of buying securities from other countries that are financially sound and safe as a safe haven, directly on foreign exchanges and thanks to accredited stockbrokers and is an operation that many Italian banks have already started to do in total silence, to ensure its shareholders.

The Italian government has denied having started talking about returning to the Lira, playing on the fact that people, with the daily problems of work, family and financial, have forgotten that the two parties that compose it, up to a few months before elections, proposed the exit from the Euro and tried to put the Ministry of Economy and Finance, a strong euro-skeptic who spoke of "black swan" and proposed the path of economic sovereignism: "Prof. Paolo Savona", an illustrious Italian academic and an expert in world finance.

If a person is unfamiliar with the markets, he must rely on expert brokers who are regularly registered, as the danger of ending up in the hands of fraudsters or speculators, in this period is very high, especially if they are non-independent operators related to banks and that they try to entice on bank stocks of Institutes currently considered safe (a classic example of failed Italian banks and the total loss of investor savings) putting at risk the protection of bank savings.

The advice of the financial advisors of SHADOIT BUSINESS CONSULTANCY LTD is to rely on brokers belonging to independent foreign companies or independent brokers not related to the Italian territory to always have the maximum of their objectivity for the financial economic evaluations that will be brought to give.

But the possibilities to protect our assets and capital do not end with the resources protected in the belly of the banks, as it is convenient to set up foreign companies, have a passport for all their family members, establish trusts and transfer assets to their companies as a trust fund or part of the share capital, to make sure that they become untouchable in case of economic disaster of the Italian State.

Or you can resort to tools like the fiduciary mandate, a very interesting tool from the juridical point of view, through which, while remaining at the head of the most complete ownership of the asset, the administration of the asset is attributed to the mandator company to realize a stakeholder interest, thus securing confidentiality and administration of goods but with costs for financial advice and for those who administer the asset or capital to protect bank savings and assets.

There are also other instruments of fundamental importance, such as foundations of law and private interest that, thanks to our partners, can be useful to ensure the proper management of its real estate assets with the possibility of Trust.

Therefore, it is useless to think about investing on the good old brick, because with the percentage loss on the purchase value of the investment that has now been at 23%, with the risk of a property that would further reduce its value and with a hypothetical risk of Italy's default, it can no longer be considered a good investment to protect bank savings and assets.

Protect bank savings and assets

Spread is sailing in the markets

Spread floats on the markets followed by the deficit that oscillates dangerously, are two sentences whose incomprehensible words are heard on television but many still fail to understand the real difference and that in the latter period of the year 2018 is alarming the markets that operate with Italian government bonds

Spread - Current Accounts - Mario Monti

Spread is an Anglo-Saxon term used on the stock exchange to indicate the liquidity of a financial market, practically it can be understood as the difference between the rate of return of a bond and that of another security taken as reference in the case of Italy, the BTPs which are set against the BUND (German government bonds), all determined by the equity markets on a daily basis.

In even simpler words we can say that the more the rating agencies lower the reliability of a country, the more the spread increases, which is nothing more than the percentage rate that the investor needs to guarantee his credit, if he does not insure it he would earn the percentage for the loan of money to a state plus the money he claimed was used to secure his credit.

This insurance called CDS (Credit Default Swap) has often been disregarded and speculators have earned us the most and the higher the spread, the greater the investor's gain will be.

At this moment in history, contrary to what many may think, the interest rate at which 10 BTPs are offered on the markets is much cheaper for those who want to speculate, because the interest is dictated by the risk of a security and for in Italy the market in counter-trend, as long as it is not American pension funds, but for those who have an interest in gaining and risking, offers a very interesting return.

With the financial maneuver prepared by the Italian government, the European rejection and the all-Italian stubbornness to not want to revise the welfare positions that do not lead to an economic boost for the recovery but a simple round of play, the yield is subject to fluctuations that can not be foreseen if not downward with the increase in the spread and the increase in risk and therefore in the percentage of return on BTPs so as to be able to place them on the markets.

The Italian spread has risen dramatically with the various contrasts between the vice premier and the European commissioners who on open exchanges played a knock-back and triggering an alarmism in investors that led to the sale of Italian government bonds with relative increase in the spread and increase percentage rate of return.

The perfect storm that is about to unleash and the alarmism shown also to the Italian finance minister by the EcoFin clearly highlights how the sovereign debt is not only tied to the single country but is part of a wider project, which risks the involvement of the other States of the European Union.

Spread is ultimately the difference between two government bonds where the most reliable for stability and financial strength is taken as the basic title, which in the European case is the German Bund (Germany with rating in AAA) and the title that you want to examine and evaluate economically that for Italy it is the BTP and for both the securities are taken as reference the ones with the longest expiry and that is the decennial ones, that give a mirror of the stability and solidity of the economies of a Country.

Now that we have a clearer view of what the "Spread" is, we can also begin to understand why there is a difference expressed in percentile when government bonds are proposed, that is, the higher the risk and the greater the percentage offered long-term on the securities of a State.

The relationship between the spread and the public accounts of a state NO is finely and tightly bound, as the spread could rise and the costs on debt fall, everything is determined by the yield of government bonds taken as a reference that the more solid they are and the lower the percentile, then the government bond with the spread higher at this point offers a controversial greater convenience even with a higher risk stability and vice versa.

For Italy there is a public debt ascertained at around 2300 billion and this debt is mostly determined by the government bonds that from time to time with a ten-year maturity, will lead to those who have purchased an interest in the investment.

Keeping in mind that the savings of Italians amount to more than double the public debt contracted, investors have almost the certainty that the Italian State will honor its debt by giving reassurances to the markets on the convenience of purchase.

Lately it has returned to talk about the Italian spread as the new government that took office in this European state, began almost immediately not wanting to continue the recovery of the economy but immediately made to perceive the markets with various proclamations, which would have done more deficit (debt) putting at risk Italian finances and all its citizens, hiding behind what defines the "maneuver of the people" when it is fully aware of the industrial situation of its state, the inadequacy of its infrastructure now reduced to the light and lack of a serious job offer.

An illustrious personality saved, as far as today we do not want to recognize the merits, Italy by default that many politicians of part called "Perfect Storm" because of the fall of a government, not remembering that when they were touched down on the stock exchange some important companies, their Prime Minister resigned because of a large industrial complex to which he was linked and a law on conflict of interest not fully armored.

The spread had reached and exceeded 500 share, Italy had entered into recession and was not hovering but it was already announced the arrival of the Troika that would have to restore the budgets of the Italian State, when a personality held in high esteem appeared from nowhere European summits that was first appointed Senator of the Italian Republic and then took over the reins of the Italian government, reporting with great difficulty the budgets to an acceptable situation to regain the trust of investors: Prof. Mario Monti.

It is obvious that in order to rehabilitate a budget destined for evaporation, he had to make very difficult and often criticizable financial maneuvers, but thanks to his profound professional knowledge, he managed to avoid the catastrophe that many now say are orchestrated by other States.

In the last interviews that released this high personality, he clearly said that with the assistance maneuver and not of growth also possibly given by a tax exemption for the companies, by a bureaucracy of the Italian system, by a deficit that the European Union could have accepted if oriented to an attempt to growth and lashed to the markets favoring the birth and 'entry of other businesses that create jobs, Italy risks with the high spread, to return to a dangerous recession where its rescue has already been clearly announced with the take money from current accounts and Italian assets giving it to the game at that point, the government securities at very high risk as the rating agencies would define the Italian economic stability at the level of junk Securities and then releasing unnecessary pieces of paper against the game.

Many politicized newspapers have obviously attacked the statements of this illustrious person trying to throw once again smoke in the eyes of Italian citizens but not thinking that the eventual arrival of the Troika would bring the country to its knees like Greece and Portugal, where last with the silence of everyone has seen the volatilization of its weak economy and the vaporization of 80% of its enterprises.

The affirmation of Prof. Mario Monti was dictated by the looming danger for the pockets of the Italians where, if the Italian government bi-party, realizing that they can not satisfy the finding of money on the market in the percentage necessary to maintain electoral promises worthy only of a book of fairy tales, certainly also following the statements already publicly issued by one of the two vice-premieres, would appeal to savings of Italians and the only viable road thanks above all to the very bad Europe, is the opening of current accounts in European countries permitted by the laws in force.

Regarding the exit from the Euro, feared in times before the Government by the two majority parties, Prof. Mario Monti is said to be worried by the scenario that could occur with the exit of Italy from the Euro, where the Government saw the rally of the spread, could prevent the exit of capitals with anti-European and totalitarian laws and then be able to use them for its survival.

Spread - Mario Monti - Back Finance

Open a foreign bank account

Opening a foreign bank account is a perfectly legal operation for both Italian and European legislation but must be carried out with the utmost transparency and under the expert guidance of a financial advisor.

open a foreign bank account - bank account - foreign bank account

The help of a professional is useful in order not to incur problems always lurking and to be facilitated by the laws that protect banking transactions between States.

It is useless to say that opening a foreign bank account does not exempt us from declaring its profitability and its own foreign current accounts to the tax authorities, but rather, is the possibility to protect the capital diversifying them from the banks of the State of belonging where often, due to particular historical periods, they could be at risk.

The decision to open a foreign bank account can be advantageous when there are fears about the soundness of the financial system of your state and can lead to different choices that can guarantee us even greater profitability by reducing the risk, such as theopen a company abroad that it actually operates internationally, investing part of the capital in investment funds, the cost of much lower banking transactions and a greater possibility of foreign investment, reminding us that profit is not a crime but an advantage for those who make it.

In the European Union, all citizens of a Member State have the right to open a bank account, with a few exceptions such as Britain, which has given a strong hold to this practice, allowing it to be opened only to resident citizens.

The transfer of sums must always take place following the banking process in order to allow maximum transparency and traceability, but above all, respecting the legal regulations that will protect the capital to respect the unassailable tax evasion or funds of dubious origin.

In the moment in which the operation of opening a foreign bank account is carried out, regardless of the importance of the paid-up capital, we will still have the obligation in the income tax return, to fill in an accountant or fill in the foreign current accounts ourselves and in the case of Italian citizens, the RW box PF panel declaring the average stock of the year, the State of belonging of the bank and the name of the bank where the capital is deposited, possibly to make it even more transparent, we can safely declare the bank details (no one will be able to withdraw anything) and we will not have to forget to pay the Euro 34,20 fee for each bank account held, due to the Italian State if we are citizens resident in Italy.

All transactions of choice of banking, of any investments and of opening a foreign bank account, if carried out by a professional in a correct manner, will allow the respect of the maximum legality adapting better to the real needs of the client.

The officials of SHADOIT BUSINESS CONSULTANCY LTD, can help you in the various operations starting from a serious and in-depth advice to be sure that the need to open a foreign bank account and / or any investments, actually derive from a calm and certain reflection that allows a value added to the customer's investment for protect bank savings and assets Client.

Opening a foreign bank account is also convenient for Italy, which is going through a difficult period right now.

If we look on the internet, we will also find footage of the Italian deputy prime minister Salvini and the economist of his party Borghi, who openly say that if we leave the euro for the return to sovereign money, it should be kept secret until the last moment and this would mean that on a Friday the Italians will go to sleep with the Euro and will wake up with the account frozen for 30 days and only later will realize that their savings have been converted into Lira and moreover devalued by a quarter and that is, the value of its assets would be reduced from 50% to 25%, an Argentine scenario if not Venezuelan.

Fortunately, the Italian apocalyptic scenario many can prevent it by opening regular bank accounts abroad and moving their assets legally, following the laws in force in their state.

The exit from the Euro for a founding country like Italy would be an apocalypse that has already been taken into consideration by the European Central Bank, which in the 30 days, would attack the Italians' savings, without the Government being able to do anything but proclaim that would fall into the void, to recover the value of the public debt purchased by the Central Banking Institute with quantitative easing.

foreign bank account

Open a foreign bank account is still a good prospect for their savings, knowing that you can administer it with the Home Banking (Internet Banking), you can then make all the wire transfers that need and use your money by means of Debit Card (Rechargeable Credit Cards) also having the possibility of any flash investments that usually with the bureaucracy of their banks is prevented.

The exit from the Euro would involve a disastrous scenario for Italy, contrary to what will happen to Great Britain, having always kept its own GBP currency (Great British Pound) and its Central Bank (Bank of England) which it will avoid with the BREXIT the devaluation of dwellings (real estate), the devaluation of companies and other economic financial disasters to which other countries would face.

With the downgrading by the rating agencies of the Italian public debt is approaching the default spectrum for some Italian financial institutions of which, obviously, it is a lottery to guess who will be the first and the savings of Italians would be at great risk.

Nowadays the security of investments for a financial market always in fibrillation becomes necessary and necessary is to understand how to make your own safe and secure heritage.

Contrary to what happens for other countries also outside the EU, Italy has a poor financial culture and its citizens, after many announcements in the last twenty years by successive governments, have unlearned the elementary regulations in force both international level, but above all in force in the European Union and Italy itself having now the fear of opening a foreign bank account and wondering about the perfect legality where we always reiterate that it is a perfectly legitimate thing and there are no limits or preclusions if made to the sunlight and above all under the careful guidance of an expert in banking and international policies.

Opening a foreign bank account is a valid instrument to feel guaranteed in the event of default and loss of value of Italian BTPs by securing their savings, also benefiting from improved profitability, lower expenses and possible foreign currency investments.

One thing that is often not thought of is that the constitute an English company and the transfer of own assets as a corporate fund is a perfectly legal operation and indeed, it can be considered an excellent investment in periods when personal funds can be attacked or by financial crises or possible foreclosures or by strange taxation or bankruptcy banking that could lead to financial disruption, and diversification on different financial institutions that open a foreign bank account to a company, are normal and perfectly legal, dividing funds into banks located in different states in order to have maximum peace of mind .

It is normal that possible checks can take place, but in this case, it is enough to have carefully kept all the documentation that allows to demonstrate the lawfulness of the various operations carried out in all regularity and transparency and no one can find anything to object.

For those who want to work personally, not importing companies, we are always remembering the evasion of IVAFE, that is the property tax payable for financial assets held in foreign countries with the simple declaration and fixed payment equal to today, to € 34,20 which constitutes an extremely acceptable sum for anyone and that protects from any fiscal retaliation.

Opening a foreign bank account serves to secure against a bank risk in your country and not to illegally transfer your money or generate black funds, you must never be enchanted by fantastic promises that nobody can ever keep, the purpose of a bank account abroad must only be for investment and protection of its assets.

All banking operations are carried out with Internet Banking or better, what many know as Home-Banking, with a debit card (rechargeable credit card) with costs that are much lower than those usually charged in the banks of the just country and with the simplicity of managing a common bank account, as well as often, be able to administer it from their mobile phone.

Unfortunately, in this period of downward economics, a creditor may want to seize a debtor's surplus and could do so even if the debtor has a foreign bank account, but nothing removes the debtor from investing in the funds of an offshore company or foreign-European or invest in one LLC company American, making assets unassailable, especially since the non-EU current accounts make the recovery operation almost impossible.

SHADOIT BUSINESS CONSULTANCY LTD relies on the high professionalism of its consultants and on the support of proven, long and privileged financial partner companies that can help you solve your problems. CONTACT US

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