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Rated 5 out of 5 stars

there is a lot of uncertainty in the cryptosphere, who do you trust ? who can you rely on ? who will deliver? Marc and the team at Flag Theory have been responsive, informed and professional at evert... See more

Rated 5 out of 5 stars

Flag Theory has gone above and beyond providing me with everything to get a corporation up and going. They always answer very fast, professional, easy to understand. They phone consultation was grea... See more

Rated 5 out of 5 stars

We were about to rate 4 stars instead of 5 due pricing (who doesn't want ever less expensive service) but we wouldn't want a corresponding drop in service quality! Service is timely, precise, acc... See more

Rated 5 out of 5 stars

I'd had a emails back and forth with their customer support. They are the knowledgeable people in this field. Most 'experts' charge you money and give very useless, bad or outdates advice. Flagtheory... See more

Company details

  1. Money & Insurance

Information provided by various external sources

Strategic internationalization process designed to increase your freedom, protect your privacy and grow your wealth in leading jurisdictions


Contact info

4.7

Excellent

TrustScore 4.5 out of 5

50 reviews

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Rated 5 out of 5 stars

Great experience

We've been working with FlagTheory for many years, they helped us to set up companies and bank accounts in different jurisdictions. They are very responsive and professional, provide services of high quality and always ready to support and answer questions. Highly recommended

24 August 2024
Unprompted review
Rated 5 out of 5 stars

Outstanding Professionalism and Client…

I have been working with multiple corporate service providers across the globe for the last 19 years, and based on my experience, I can say that the Flag Theory team is one of the most professional, with fast responses, excellent client relationships, and sound advice.

21 August 2024
Unprompted review
Rated 5 out of 5 stars

Reliable and exceptional.

Flag theory have provided services of exceptional quality. Their assistance in registering a company was incredibly smooth and fast.

I’m always impressed with how consistently swift and helpful the team are in dealing with any inquiry and service we ask of them.

Highly recommended service.

19 August 2024
Unprompted review
Rated 5 out of 5 stars

AMAZING

I have been utilizing FlagTheory.com since 2019 and consistently recommend their services to all my clients. Their team is exceptionally quick, responsive, and incredibly helpful, offering a vast array of services with unmatched expertise. Every interaction has been seamless, and their dedication to customer satisfaction is evident in every project. I wholeheartedly endorse FlagTheory.com for anyone seeking reliable, professional, and comprehensive service.

20 June 2024
Unprompted review
Rated 5 out of 5 stars

Professional Services

The services have always been delivered in an efficient and timely manner. I would call it an highly professional provider.

20 May 2024
Unprompted review
Rated 5 out of 5 stars

Company registration services

I have more than five years of experience working with various corporate registration service providers worldwide. Based on this experience, I can confidently say that Flag Theory offers one of the best services in the market, particularly in terms of response speed and service cost.

If you are looking for these qualities, Flag Theory should definitely be at the top of your list.

4 June 2024
Unprompted review
Rated 1 out of 5 stars

Awful experience after 2650$ and 6 months

Flag Theory reference: Order #193568 (December 3, 2023)

After 2650$ paid (+ 450€ of bank charges), 6 months of procedure and 3 weeks without news from their team, I decide to give my opinion on this unprofessional and rough team. To date, I have a company that is a totally empty shell, as I can't carry out any professional activity.

With them, everything seems to be off to a good start, as they are very responsive in sending out a huge amount of information on thirty or so countries in which to register your company. The emails are several pages long and everything is done to avoid simplifying the information sent. What I found was a lack of knowledge to adapt the right legal structure to my business. Over the last 6 months, seeing that things weren't progressing, I made enquiries of other entrepreneurs who told me that the choice of location advised by Flag Theory was not only costly but also unsuitable for my business. When I spoke to these entrepreneurs, they all told me that they had spent much less in costs (I paid $2,650), for a solution that was implemented very quickly in another location that was much more suitable.

After that, opening (sorry... trying to open) a bank account quickly became a nightmare. The person in charge of this at Flag Theory is far from professional and very rude to customers. Instead of advising me and helping me to find a solution, she sent me a basic Word document to fill in with no explanation and no guidance. Every time I filled it in and sent it to her, she sent the document back to me, writing incomprehensible and disorganised comments, explaining that it was no good but never giving me any guidelines. Her behaviour was harsh and aggressive. What's more, I had to insist a lot to get an appointment online. Despite this, she refused to show her face and I lost an hour without making any progress.) After several hours of work on my part to put together a document, we were finally able to agree to go ahead and choose a bank. They recommended Bankera, which turned out to be the worst bank.

Not only did I have to pay Bankera an unanticipated sum of €450 just to get them to agree to look at my application. After that, I had to answer a lot of questions for several days again, because each time some of my answers didn't suit them. Today, it's been 3 weeks since everything was validated by them and I've still had no news about my application. At the same time, the Flag Theory team has completely disappeared since those 3 weeks and hasn't given me any news either.

All in all, after 6 months of proceedings and spending $3,100, I'm still unable to work. The team referred me to their offshore solution, which is totally unsuited to my business, and to a bank, which was also quick to invoice me but hasn't given me any sign of life for 3 weeks.

Despite having complained to the company's manager a few weeks ago, he explained to me that I was at fault and wrote long, detailed emails to explain to me what an incompetent customer I was. At the same time, the whole point of hiring an agency to help me set up my business was to let them handle it. Despite this, the man agreed to reimburse me $300 for the costs of helping me open the bank account, a sign that he recognised the incompetence of his department. So in the end, I've spent $2,800, I've got an empty company, no bank account and an agency that was supposed to help me has completely disappeared.

I know that the only response Flag Theory will give me is a 50-line text below to prove their good faith. But obviously nothing will be done on their side to resolve the situation. I consider my $2800 lost and I'm going to find another agency, this time a professional one, to help me with the paperwork.

EDIT : What you see below is the answer from the managing director who answered in a minute to my review but never deigned to contact me directly to try to solve the situation (what any normal company would do obviously). This simply confirms how little interest they show for their customers once they have been paid.

EDIT2 : Having absolutely not received any feedback from Flag Theory company during the last 4 weeks, I am now filing a complaint to the Financial Industry Disputes Resolution Centre (FIDReC). I'll document this dispute here to make aware consumers of the practices of this company as well as other forums.

30 May 2024
Unprompted review
Flag Theory logo

Reply from Flag Theory

Dear Silvere,

First of all, we regret your perception of us and experience you had with us.

However, and with all due respect, your review is full of inaccuracies and distortion of the events to say the least, which prompts us to provide the facts and defend the reputation of our company.

Everything was good as you say at the beginning - the 18-month period answering your questions, and the incorporation - until we required your cooperation for opening a bank account. A bank account requires cooperation from the client. When we required your cooperation, things turned south. For instance, when you entered into a call with one of our Banking Consultants at the beginning of the process and shouted and insulted her for no reason at all.

Your company was incorporated in 2 days, and the bank account opening procedure took 4 months until we reimbursed the amount. You were absent for various periods of time of 1 to 2 weeks, and many times, a number of days to respond to queries. Furthermore, we are not sure why you mention 6 months. Therefore, I think that you would agree that you have responsibility on the time it takes to open the bank account. Each service that was strictly under our control was provided in a promptly manner.

We offered you a reimbursement not as a sign of incompetency of our Banking Department but as a gesture of good faith due to your repeated complaints. We are not sure about the "3 weeks without news", we have been responding to your queries in a 24h max time until you requested the reimbursement and the cancellation of the bank account opening service.

We never recommended you to form a BVI company. You requested information about taxes in Thailand, which we provided comprehensively and free of charge, and information about offshore companies which you requested. We provided very comprehensive information about 12 offshore jurisdictions, and responded your questions about each and every jurisdiction - objectively. We spent hours and hours responding to your questionnaires and making clarifications and further clarifications.

You never hired our consulting services and decided by your own to incorporate the company in the BVI. If you wish to receive advice, you should hire advisory services. We do not provide advice or recommendations without being hired. We just provided you facts about the legal structures, tax regime, corporate compliance, procedures and costs of a large variety of jurisdictions.

Therefore, accusations that we gave you "wrong" recommendations is false. All the information we provided was accurate and was objective information of the above-mentioned areas.

After 18 months, you decided to incorporate in the BVI and wanted an account in the EU. We provided a list of EMIs in the EU, from which you chose Bankera. Again, we did not make any recommendation about Bankera, and we just provided as an option to open an account.

From the date you provided the documents required, the company was incorporated in 2 days. During the week-period that it took you to provide the documents, we answered all your requests in a time frame of less than 24 hours. The incorporation service was optimal.

When it comes to the bank account in Bankera, you were providing conflicting information about your business multiple times, the lack of cooperation was notable. Your response-time was a number of days always, and you became absent multiple times. The quality of the information about your business provided to the Banking Department was substantially improvable and the communication was poor - which prompt further queries and insistence. It is not as you say that "it does not suit", it is a matter of providing the information required for the bank to undertake the due diligence, which is the service you paid for. With all due respect, you never took the account application seriously, and in this way, it is very difficult to open a nonresident account.

Trustpilot is assessing this review in accordance with our flagging process.

Rated 1 out of 5 stars

Very rude

I would like to provide some feedback based on my recent experiences. In my opinion, the individuals I encountered displayed rudeness at all levels and appeared to prioritize financial interests over human considerations. I believe it is important for the organization to prioritize professionalism and ethical standards.

3 July 2023
Unprompted review
Flag Theory logo

Reply from Flag Theory

Nat, you applied for a job at Flag Theory and accused our company to be "supporting and financing Russia in the War in Ukraine" because we have an employee who is Russian (who has been working with us since 2017-2018 and 1) is one of the persons with more integrity that one can find and 2) is against such war).

When our head of operations politely and respectfully indicated to you that your accusations to her and our company were unfair and we deemed them not appropriate (the context was a job interview), you posted a review in this website that we were supporting and funding the war. You did not show any intention to understand others' positions at any time even when talking to our Ukrainian contractor. I, the managing director of the Company, took the time to respectfully and comprehensively explain to you why you were not correct, and advised on the defamation you were making about our company (our company is against any war, and we do not have any political affiliation). You amended this review three times, and removed such defamation but now you are accusing us of being rude. I believe that if you re-read the correspondence, you will notice that we have been very patient and very considerate explaining our points, and empathic at all times, where we had no reason or need to do so - as a sign of respect to you (even if you were defaming our company with baseless accusations of supporting a war just because we have a Russian employee).

I do not understand the reason behind the comment about "prioritizing financial interests over human considerations". No comment in our conversations had anything to do with a financial interest. We just have a wonderful person as contractor who happens to be Russian. We all make mistakes but being professional and having ethical standards also involve recognizing and addressing such mistakes, or at the very least - accept that others' opinion may differ from one's opinion without creating issues.

Thank you for your attention.

Rated 5 out of 5 stars

Great Service!

I have dealt with a number of companies that provide corporate services internationally. Anyone can charge you a fee, but you have to wonder what you'll get. Flag Theory, in contrast, answered all our questions about the advantages and disadvantages of different countries and compared them. And Angeline did this for MANY countries for us! We finally picked one.

You WILL need some documents, so ask right away. Be prepared to use a company to get things certified, I recommend the online company Document Certifier (also highly rated here) to get electronic certifications.

10 March 2023
Unprompted review
Rated 5 out of 5 stars

considered expertise…

there is a lot of uncertainty in the cryptosphere, who do you trust ? who can you rely on ? who will deliver?
Marc and the team at Flag Theory have been responsive, informed and professional at evert turn. As a client breaking new frontiers, Marc ahd his team have always delvered

2 March 2023
Unprompted review
Rated 5 out of 5 stars

Extra requests possible

We were about to rate 4 stars instead of 5 due pricing (who doesn't want ever less expensive service) but we wouldn't want a corresponding drop in service quality!

Service is timely, precise, accurate and goes beyond what's advertised: should you have a special request, a service that's not provided, arrangements can be made to still satisfy your needs (we had a business SIM card request that was fulfilled this way).

We trust their expertise and haven't been disappointed so far. It's a thumbs up.

26 February 2023
Unprompted review
Rated 5 out of 5 stars

fast amazing service

Flag Theory has gone above and beyond providing me with everything to get a corporation up and going. They always answer very fast, professional, easy to understand. They phone consultation was great and answered every question i could come up with and then some. over 9 months i asked them every question i could come up with and they always treated me with respect.

I had tried two other companies before them and they are by far the best and i highly recommend them.

27 January 2023
Unprompted review
Rated 5 out of 5 stars

Praise for Flag Theory

Dear Flag Theory

Your company help me tremendously since January of 2021.

• First Flag Theory gave me very detailed information regarding incorporating a company in a low tax jurisdiction. They gave me a list of such countries and explained each one. They also answered all my questions about all of these countries, which allowed me to make my decision to incorporate my internet business in the Cayman Islands.

• Next, Flag Theory helped me open a bank account in the Cayman Islands. It was not an easy task. But finally after four months I was able to open an account with CIBC. Since then, CIBC has been very helpful and not only gave me a bank account for my business, but also a merchant account for my online payments to be deposited in, a credit card so that I could pay my vendors and an investment account so I can invest in stocks and bonds.

Flag Theory has answered all of my questions in detail, which is very much appreciated since such information is often difficult to find online and also confusing and inconsistent. Flag Theory cleared up all my doubts and apprehensions.

I applaud and deeply thank your entire team. You are providing a very valuable service and I remain grateful to you always.

Asad Raza
CQB Education Inc.
CanadaQBank.com

24 August 2022
Unprompted review

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