04-24-2011, 06:23 PM
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Amateur Investor
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Join Date: Apr 2011
Posts: 35
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Cook Islands?
Considering an International Company (IC) based in the Cook Islands.
Anyone have any dealings here before? Any suggestions, warnings or recommendations?
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04-24-2011, 07:48 PM
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Super Moderator
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Join Date: Dec 2010
Location: E.U.
Posts: 2,197
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Re: Cook Islands?
Quote:
Originally Posted by Scorekeeper
Considering an International Company (IC) based in the Cook Islands.
Anyone have any dealings here before? Any suggestions, warnings or recommendations?
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Perhaps look at the Cook Islands Trust as the owner of your company, it's supposed to be excellent. Best regards
__________________
  "The wave of the future is not the conquest of the world by a single dogmatic creed but the liberation of the diverse energies of free nations and free men." - JFK
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04-25-2011, 05:28 AM
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Amateur Investor
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Join Date: Apr 2011
Posts: 35
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Re: Cook Islands?
Quote:
Originally Posted by Barron
Perhaps look at the Cook Islands Trust as the owner of your company, it's supposed to be excellent. Best regards
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Thanks for the tip. I will definitely check this out. |
04-25-2011, 10:31 AM
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VIP Investor
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Join Date: Jun 2005
Location: Panama, Costa rica y el mundo
Posts: 1,595
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Re: Cook Islands?
Cook Islands is ok for setting up companies and trusts, there are also some other interested options there, it is jsut that sometimes banks in Europe for example would look strange to those entities.
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04-26-2011, 04:10 AM
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Super Moderator
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Join Date: Dec 2010
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Re: Cook Islands?
Quote:
Originally Posted by slogold
Cook Islands is ok for setting up companies and trusts, there are also some other interested options there, it is jsut that sometimes banks in Europe for example would look strange to those entities.
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What about something like the Nevis Exempt Trust?
__________________
"The wave of the future is not the conquest of the world by a single dogmatic creed but the liberation of the diverse energies of free nations and free men." - JFK
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04-26-2011, 05:29 AM
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Amateur Investor
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Join Date: Apr 2011
Posts: 35
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Re: Cook Islands?
They also have pretty strict reporting policies on transactions. You have to report anything over 10,000NZ. Never really thought about Nevis. Had some dealings in St Kitts years ago and loved the place.
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04-28-2011, 12:18 AM
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Super Moderator
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Join Date: Dec 2010
Location: E.U.
Posts: 2,197
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Re: Cook Islands?
Quote:
Originally Posted by Scorekeeper
They also have pretty strict reporting policies on transactions. You have to report anything over 10,000NZ. Never really thought about Nevis. Had some dealings in St Kitts years ago and loved the place.
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The last time I looked the Nevis Exempt and Cook Isles Trusts were pretty much equal as far as asset protection give or take a little except for the price, Nevis was less expensive to set and maintain, best regards
__________________
"The wave of the future is not the conquest of the world by a single dogmatic creed but the liberation of the diverse energies of free nations and free men." - JFK
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