excellent @nurredon thank you.
One question:
If the ownership of the investment target is︉ less than 5% (imagine you'd use that structure to invest in many startups), then normal︊ corp tax applies?
Cyprus Holdings (less reputable than above) seem to have 0% tax on︋ their investments when used as a private investment company (yearly running costs including audit, director,︌ secretary around 3-4k EUR).
I often had friends who are residents outside EU asking me︍ about it as they were looking for a corp structure through which they can channel︎ their startup investments without having to pay high yearly running fees or big taxes on️ potential exits).
One question:
If the ownership of the investment target is︉ less than 5% (imagine you'd use that structure to invest in many startups), then normal︊ corp tax applies?
Cyprus Holdings (less reputable than above) seem to have 0% tax on︋ their investments when used as a private investment company (yearly running costs including audit, director,︌ secretary around 3-4k EUR).
I often had friends who are residents outside EU asking me︍ about it as they were looking for a corp structure through which they can channel︎ their startup investments without having to pay high yearly running fees or big taxes on️ potential exits).
