>and finally, there is at least one jurisdiction in the world that still offers legit bearer share companies which require no registration. And your entity no longer needs a banking relationship to acquire goods and services.
what does this mean? what is a bearer share company? and which jurisdictions would that be?
A bearer instrument is an instrument which states that it is owned/controlled/usable/valid for the benefit of whoever possesses it, and normally doesn't rely on registering that ownership with an authority.
A bearer share company is a company that doesn't know or register who owns it. If, at a particular moment, you own the physical certificates that connote ownership, you own the company.
I read this as a "to really understand this if you need to actually consider doing it, one must do their own research on the matter" weed-out-while-still-confirming-type responses.
what does this mean? what is a bearer share company? and which jurisdictions would that be?