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by igk
3361 days ago
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>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? |
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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.
https://en.wikipedia.org/wiki/Bearer_instrument
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.