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Ah, you're referring to the $3000 deposit + $3000/year requirement that professional nominated "Directors" require to setup the business. Yes, this can be an is
by czcar 15y ago
Ah, you're referring to the $3000 deposit + $3000/year requirement that professional nominated "Directors" require to setup the business. Yes, this can be an issue if you do not have relationships with any locals.
I believe many countries have restrictions on foreigners incorporating without a local director/shareholder?
But yes, it is a little bit annoying. What we ended up doing is getting a mentor/investor to become a nominee director.