From Flag Theory
Pillar 7, the final flag, of our updated 7 Pillars of Flag Theory is “Digital Assets“. This is an exciting addition to the FlagTheory and wasn’t really available previous to around 2009. Software is eating the world, and assets (stocks, bonds, currency) is the latest to fall under attack of the digital age. “Cryptocurrencies”, and specifically Bitcoin, deserve some research for anyone that is serious about the security, freedom and independence that Flag Theory can provide.
As an example of the power of Bitcoin, I personally use it as a transfer method to move USD to Philippines Pesos for a fraction of the fees I would experience using Western Union, bank transfer or debit card transaction. The transaction functions as such: USD -> Bitcoin -> Philippines Peso, where I can simply withdraw the local currency at a local ATM. I get the added benefit of completing this transfer in under an hour, rather than days, such as in the case of a bank transfer.
You can now pay for Incorporations.IO and Passports.IO services with Bitcoin. If you wish to pay in Bitcoin, just let us know and we can get you a unique address.
New and updated articles
FlagTheory.com site updates: If you’ve been to FlagTheory.com recently, you may have seen that the homepage has a new look. For those keeping track at home, we continue to update the site for a better user experience.
Even with the new look, the old front page had links to some of our favorite articles, so to continue with that theme, you can check out the “archives” page where you can see some of our highlighted favorites, or search by date or category: /archives/
Additionally, if you are a PT Intel Society Member, you may have received a notice lately about your service being canceled. This is just an automatically created e-mail from the old platform we used and you should have received an e-mail notification several months ago from the new platform (FT Intel Society) with your updated logins. If you have not, please let us know and our web team will get you sorted out as quickly as possible!
Any issues with the site, or have just want to tell us what you think: [email protected]
Incorporations.IO has seen some updates as well! We have added the companies acts to each entry’s detail page, allow for easy viewing of tax treaties on at https://incorporations.io/map and have expanded the tax rates column to differentiate between onshore and offshore rates. Additionally we have added some additional filters to help you drill down to the jurisdiction that may work best for you based on your specific requirements.
As you know, we are constantly searching out and evaluating new programs and partners, we are now working with the Georgia program (in Eastern Europe). If you are interested in this program, contact us at: [email protected] and we can get you the details.
FAQ
I have heard Hong Kong banking is very tight at this time. What’s the deal, so many articles say how easy it is.
Early this year Hong Kong banks, after many fines, began tightening their requirements for new and existing clients, going so far as closing many accounts. We have received word that this overcorrection is likely softening, but mostly for onshore entities, not for foreign controlled and operated companies. We are staying on top of the situation, and still think HK is a great jurisdiction, but relying on bank services there may not be feasible at the moment. We maintain relationships with about 200 partner banks globally though, and have found many new and existing HK clients international banking solutions that meet their needs. Check out: Bankaccounts.io
I would like to refer clients and leads to Flag Theory, do you have a referral program?
We are beta testing a referral program. We are looking for qualified partners now that can work with us while our new program matures. For initial consideration we are looking for partners in the same or similar space with significant traffic or mailing list subscribers. If you would like to be considered, please send an e-mail to [email protected] with the subject: “FT Referral Beta Program”
Got a question? E-mail it to us at [email protected] and we may answer it in our next newsletter, or might even make it onto the site as an article.
Feel free to reach out to [email protected] regarding any specific questions or concerns.