The folks over a NPR’s excellent Planet Money podcast recently reported on how easy it was to setup an off-shore company. One of the more fascinating aspects to the podcast is that while most countries require some kind of documentation e.g. a passport, when setting up an offshore company, there is one country that requires no such identification. It makes it the easiest country in the world to register a company anonymously. Can you guess which country that is?
For more on this story, check Adam Davidson’s column on the topic in the NY Times: My Big Fat Belizean, Singaporean Bank Account.
(via Planet Money)