How to Buy Stocks Anonymously

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With identity theft and privacy invasion becoming commonplace, many investors wonder how to buy stocks anonymously. Stock investors, particularly those who trade in large blocks of stock, look to set up private offshore corporations to overcome the lack of privacy when conducting their business affairs. Using a few simple guidelines, you can also take advantage of the unique benefits of offshore incorporation while protecting your right to privacy.

Offshore Banking & Incorporation

Go to a computer and do a search for "contact offshore incorporation." This will pull up a list of all the contacts in offshore groups that specialize in consulting with individuals to set up private entities offshore to conduct business anonymously. Go down the list and record the companies' contact information.

Contact each of the company's reps and explain to them what it is you are trying to accomplish. In this case, you are trying to set up an offshore corporation to ensure your privacy so that you can buy stocks anonymously. The company rep will then begin outlaying the best strategy for you to accomplish that. Typically, they handle this service for a small fee.

Create a brokerage account either with an offshore broker who has access to any stock exchange in the world. You will find that having this kind of access to the global markets will offer you many opportunities to invest, rather than being limited to only one stock exchange.

Make arrangements to have your banking affairs tied to your offshore corporation so that you can handle your financially-related affairs with a bank in the same country as your new corporate entity. This will make it easier to transfer money between your bank account and broker when needed.

Tips & Warnings

  • Take your time when selecting an offshore group to advise you. Depending on what your goal is for creating an offshore corporation you may find that setting one up in a particular company may offer you more benefits. In Hong Kong, the capital gains tax on stocks is almost non-existent, which would make it advantageous to set up a stock trading business there; whereas, in the United Kingdom, the taxes on those transactions could be higher.
  • While it is absolutely legal to open a trust or corporation in another country, you always should consult an attorney in your own country to make sure you are in compliance with local laws.

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