Local staff recruitment services Many jurisdictions, e.g. Singapore, especially those that provide special tax planning benefits, require foreign companies to recruit local staff in order to receive previously mentioned benefits. Besides that, jurisdictions like Latvian list the low-cost skilled labor force as one of the main advantages of registering a company there, making hiring local staff an inherent part of the incorporation strategy. https://www.confiduss.com/en/services/corporate/support/recruitment/

South American companies Before opening a company, you must have a clear picture of all the advantages and disadvantages of every option in South America and the nearby islands such as Aruba, Bonaire, Curacao and Trinidad and Tobago. Please bear in mind: if you need to incorporate a company in Brazil, make sure you contact us first. There are fundamental differences between private (fundação privada) and public (fundação pública) entities in Brazil. https://www.confiduss.com/en/services/incorporation/location/south-america/

Opening a private bank account requires a certain amount of paperwork and there will be a procedure to go through. While the main condition for opening a private bank account is being able to deposit a certain amount of cash, there are cases when applicants are denied a private bank account for other reasons. Every year, approximately 5% of applications are turned down due to suspected fraud or illegal activities. https://www.confiduss.com/en/banks/account-opening/private/