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Offshore Company Formation - Your Essential Guide

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Old 07-24-2011, 10:45 PM
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Default Offshore Company Formation - Your Essential Guide

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Old 01-01-2024, 08:23 PM
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Hello everyone, I've been a long time reader of this forum and now I need your advice, so I was wondering if you could help me with something. My trading accounts were recently closed by my brokers (Ameritrade and Lightspeed) due to some new restrictions on my country of residence. I used these accounts to trade stocks and ETFs on the US stock market. Right now, it seems to me there are two possible ways to setup a trading business: 1- Setup up an offshore company in a country and open a corporate trading account in the name of this company with US based broker. stock market. 2- Open an individual account with an offshore broker that has access to the US stock market, such as Offshore Company Setup Cost Dubai I was wondering if any of you had a similar situation (from my search, I found out that some had this problem, but there wasn't any followup on the matter with a clear solution) and whether you ever found your way around this problem. Did you go through setting up an offshore company to trade in the name of that company? Did you resort to opening an account with an offshore broker with access to the US markets? Any piece of information you can give me, I would greatly appreciate it. Please note, I am not looking for any illegal solutions nor for a way to evade taxes. I pay my dues in my home country (I am qualified as non-resident alien) and that's fine. I am just looking for the best way to setup this business. Thanks for helping a fellow trader.
 
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