360° Coverage : Opus Operis Releases the Latest Book by Michael Magnusson: &...

12 Updates
Opus Operis Releases the Latest Book by Michael Magnusson: "The Land Without a Banking Law - How to Start Your Own Bank with a Thousand Dollars"
Photo Credit: PR.com

Opus Operis Releases the Latest Book by Michael Magnusson: "The Land Without a Banking Law - How to Start Your Own Bank with a Thousand Dollars"

Dec 3 2013, 9:00am CST | by PR.com

Publisher Opus Operis releases the latest book by Michael Magnusson, "The Land Without A Banking Law - How To Start A Bank With A Thousand Dollars."

York, United Kingdom, December 03, 2013 --(PR.com)-- As Michael Magnusson states in his new book, New Zealand is generally perceived as a high tax country and consequently has not been a target...

Filed under: news

YouTube Videos Tweets

 
 
 

34 weeks ago

Opus Operis Releases the Latest Book by Michael Magnusson: "The Land Without a Banking Law - How to Start Your Own Bank with a Thousand Dollars"

Dec 3 2013, 9:00am CST | by PR.com

Publisher Opus Operis releases the latest book by Michael Magnusson, "The Land Without A Banking Law - How To Start A Bank With A Thousand Dollars."

York, United Kingdom, December 03, 2013 --(PR.com)-- As Michael Magnusson states in his new book, New Zealand is generally perceived as a high tax country and consequently has not been a target in the international campaign against offshore tax havens. According to Magnusson, New Zealand offers secretive zero tax structures for offshore activities. Perhaps even more remarkable, the legal framework allows for virtually anyone to start a bank without being subject to any capital or qualification requirements.

In his book, “The Land without a Banking Law,” Magnusson describes New Zealand offshore finance companies as banks, both in a legal and practical sense, but not registered banks under the supervision of the Reserve Bank of New Zealand.

“While there are laws in New Zealand regulating financial activities, there are no regulatory entry barriers as such for the business of banking when services are offered to non-residents only (offshore),” says Magnusson.

In "The Land without a Banking Law,” readers will learn how to form and register a New Zealand company online, and how to obtain registration as a bona fide Financial Service Provider (FSP). In addition, the regulatory framework and upcoming changes to the relevant legislation are explained.

"The total investment required for setting up a banking business, just as any other business, obviously varies depending on the business model. It is however quite possible to form and register a legal entity with full legal capacity to offer banking services to clients worldwide, for a total cost of less than one thousand dollars, just as the perhaps somewhat controversial subtitle of the book indicates," says Magnusson.

Visit Start A Bank for further details and ordering information.

The Land without a Banking Law – How to Start a Bank with a Thousand Dollars
Publisher: Opus Operis LLP - United Kingdom
Author: Michael Magnusson - Panama - Sweden - Netherlands
Paperback: 236 pages
ISBN-13: 978-0957543812
ISBN-10: 0957543816
BISAC: Law / Banking

Contact Information:
Opus Operis LLP
Michael Magnusson
+44 20 3290 5100
Contact via Email
www.opusoperis.co.uk

Read the full story here: http://www.pr.com/press-release/530521

Press Release Distributed by PR.com

Source: PR.com

 
Update
12

Tweets

 
 
Update
11

3 hours ago

Dunkin' Donuts "Cops on Top" Campaign Raised Money for Special Olympics

Aug 1 2014 8:00pm CDT | Source: YNN Syracuse, Oswego, Auburn

People who gave a donation got free items like donuts, t-shirts, or coffee in return. Money raised will support thousands of athletes ac ...
Source: YNN Syracuse, Oswego, Auburn   Full article at: YNN Syracuse, Oswego, Auburn
 

 
Update
10

3 hours ago

Dunkin' Donuts "Cops on Top" Campaign Raised Money for Special Olympics

Aug 1 2014 8:00pm CDT | Source: Your News Now - Binghampton / Oneonta

People who gave a donation got free items like donuts, t-shirts, or coffee in return. Money raised will support thousands of athle ...
Source: Your News Now - Binghampton / Oneonta   Full article at: Your News Now - Binghampton / Oneonta
 

 
Update
9

3 hours ago

Dunkin' Donuts "Cops on Top" Campaign Raised Money for Special Olympics

Aug 1 2014 8:00pm CDT | Source: Your News Now - Ithaca / Cortland

People who gave a donation got free items like donuts, t-shirts, or coffee in return. Money raised will support thousands ...
Source: Your News Now - Ithaca / Cortland   Full article at: Your News Now - Ithaca / Cortland
 

 
Update
8

4 hours ago

Bits Blog: Microsoft Sues Samsung Over Android Royalty Payments

Aug 1 2014 6:51pm CDT | Source: NewYorkTimes-Business Day

The lawsuit claimed that Samsung failed to follow the terms of a 2011 patent licensing deal betwee ...
Source: NewYorkTimes-Business Day   Full article at: NewYorkTimes-Business Day
 

 
Update
6

6 hours ago

Google wasn't done! Search giant buys again in Mountain View

Aug 1 2014 4:59pm CDT | Source: San Jose Business Journal

Google's real estate department is not taking any time off. Just a couple days after picking up a big portfolio in Mountain View, Google ended the week with another addition to its stable, buying a 40,000-square-foot industrial building near the intersection of N. Shoreline Blvd. and Highway 101 in Mountain View. I wasn't able to turn up the price for the building at 960 Linda Vista Ave, which sits on about 2.5 acres. But county tax records peg the assessed v ...
Source: San Jose Business Journal   Full article at: San Jose Business Journal
 

 
Update
5

6 hours ago

Nyrstar Is Up To Something

Aug 1 2014 4:48pm CDT | Source: SeekingAlpha

By The Investment Doctor: Introduction I have written a few articles on Nyrstar's (OTCPK:NYRSY) problems with Talvivaara which resulted in a great opportunity to buy the 2015 bonds at 80-85 cents on the dollar (well, euro). We're now nine months later, and this article will have a deeper look at the Q2 financial statements and the implications for the bonds. The financial results I'll be very brief about the financial results as this article is mainly meant to discus ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
4

6 hours ago

How Gross Profitability, Value, And Dividend Aristocrats Can Improve Your Returns

Aug 1 2014 4:43pm CDT | Source: SeekingAlpha

By Sure Dividend:In Robert Norvy-Marx's paper The Other Side Of Value: The Gross Profitability Premium, the link between value and quality is explored. Specifically, Norvy-Marx finds that business with a higher gross profit to assets ratio (GP/A) perform significantly better than those with a low GP/A ratio.Intuitively, this makes sense. A business that can earn high margins should have a strong competitive advantage in place to be able ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
3

6 hours ago

Buffett's Berkshire reports 41% higher earnings

Aug 1 2014 4:32pm CDT | Source: USATODAY

Net earnings to Berkshire shareholderse is up 41%         ...
Source: USATODAY   Full article at: USATODAY
 

 
Update
2

7 hours ago

Tampa Bay real estate falls short of Millennial needs

Aug 1 2014 3:57pm CDT | Source: Tampa Bay Business Journal

None of Tampa Bay's area counties were named on a list of most affordable places for Millennials to rent or buy, according to a new analysis by RealtyTrac. The markets that are most affordable while still being attractive to the Millennial generation is likely where the most housing growth will occur, RealtyTrac said. To be considered “affordable” RealtyTrac looked at the percentage of income spent ...
Source: Tampa Bay Business Journal   Full article at: Tampa Bay Business Journal
 

 
Update
1

7 hours ago

Crowd funding is not new, but crowdfunding is

Aug 1 2014 3:40pm CDT | Source: Forbes Real Time

Crowd funding is not new, but crowdfunding is. Completely intuitive, both terms mean funds conveyed by a crowd to a solicitor. Crowd funding is actually traditional banking, insurance, stock markets, charities and the like, where the crowds are relatively small and absolutel ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

WTO fails to reach trade facilitation agreement
Geneva, Aug 2 (IANS) Negotiations at the World Trade Organisation(WTO) has failed to agree on the implementation of the trade facilitation agreement as the deadline of July 31 passed.
 
 
Liberia reports new Ebola cases
Lagos, Aug 1 (IANS) The Liberian government has reported new Ebola cases as of July 28.
 
 
Japanese men's life expectancy over 80 years for first time
Tokyo, Aug 1 (IANS/EFE) The life expectancy of Japanese men stood at 80.21 years in 2013, the first time that men have gone past the 80-year mark in the Asian country, according to the country's ministry of health, labour and welfare.
 
 
Methane created mysterious Siberian crater: Study
London, Aug 1 (IANS) The mysterious crater spotted in the frozen Yamal peninsula in Siberia earlier this month was probably caused by methane released as permafrost thawed, Russian researchers say.
 
 
 

Latest from the Network

Dunga denies Brazil blacklist
Rio de Janeiro, Aug 2 (IANS) Brazil coach Dunga has denied suggestions that striker Fred and goalkeeper Julio Cesar have been placed on a blacklist after the team's ignominious World Cup exit last month. Speaking...
Read more on Sport Balla
 
Lampard set for Manchester City loan
Washington, Aug 2 (IANS) Former Premier League side Chelsea star Frank Lampard will play for Manchester City under a loan deal from his new Major League Soccer Team New York City FC, media reports said. Lampard, who...
Read more on Sport Balla
 
Sarah Hyland to co-host Teen Choice Awards
Sarah Hyland will co-host the Teen Choice Awards later this month. The 'Modern Family' actress, 23, will present the ceremony with 'Teen Wolf' heartthrob Tyler Posey in Los Angeles on August 10. The 22-year-old actor,...
Read more on Celebrity Balla
 
Mandy Moore's home is a zoo
Mandy Moore says her home is turning into a ''little zoo.'' The 30-year-old actress, who is married to musician Ryan Adams, is a huge animal lover and can't stop adopting new pets. The 'Tangled' star told UsMagazine.com...
Read more on Celebrity Balla
 
Brazilian striker Hernane joins Al Nassr
Rio de Janeiro, Aug 2 (IANS) Brazilian forward Hernane has signed a three-year deal with Al Nassr for a reported $7 million. The Saudi Arabian club beat off interest from a number of rival suitors for the Flamengo...
Read more on Sport Balla
 
Emma Watson stands up for Turkish women
Los Angeles, Aug 2 (IANS) "Harry Potter" star Emma Watson has joined a campaign by Turkish women to rebel against a politician who recently branded females "indecent" for laughing in public. Watson is an ambassador...
Read more on Celebrity Balla
 
Tom Cruise surprises at derby event
London, Aug 2 (IANS) Hollywood star Tom Cruise, who is filming the fifth instalment of the "Mission: Impossible" franchise here, surprised revellers at a horse racing event here. He showed up at the event at the...
Read more on Celebrity Balla
 
Sahana finishes eighth in women's high jump
Glasgow, Aug 2 (IANS) Indian athlete Sahana Nagaraj came out with a disappointing performance to finish eighth in the women's high jump final at the Commonwealth Games here Friday. The gold went to Australia's Eleanor...
Read more on Sport Balla
 
Boxers Sarita, Devendro enter final, Pinki wins bronze (Third Lead)
Glasgow, Aug 2 (IANS) Former world champion L. Sarita Devi and her state-mate L. Devendro Singh came out with stupendous performances in their respective bouts to enter the Commonwealth Games boxing finals after Pinki...
Read more on Sport Balla
 
Discus thrower Seema wins silver, Krishna fifth
Glasgow, Aug 2 (IANS) Indian discus thrower Seema Punia won the silver medal with her season's best performance while her compatriot and defending champion Krishna Poonia finished a disappointing fifth at the...
Read more on Sport Balla