Portuguese resident NHR: Best company location/structure
- Thread starter Expat192
- Start date
- Status
Hey, what about:
1. Property rent from abroad of Portugal under NHR regime - you still pay 0%? Do one need to show to Portugal authorities that they have payed their taxes abroad for those properties? And what about income from renting properties in Thailand which don't have tax treaty with Portugal, will they tax you 28% on that?
2. If one have NHR, living in Portugal and wants to start providing consulting services online - should he/she opened Portugal company and will this income be taxed at 28%?
1. Property rent from abroad of Portugal under NHR regime - you still pay 0%? Do one need to show to Portugal authorities that they have payed their taxes abroad for those properties? And what about income from renting properties in Thailand which don't have tax treaty with Portugal, will they tax you 28% on that?
2. If one have NHR, living in Portugal and wants to start providing consulting services online - should he/she opened Portugal company and will this income be taxed at 28%?
Yes, but what structures do they have? SMLLC or MMLLC? Because in the second one there seems to have been a ruling that manages to make the Portuguese tax authorities “accept” the situation. But for the first one it's not clear, do you know anything more?
Did you read the ruling?
The second partner was tax resident in US and paying taxes.
It's very clear, you are generating a PE in Portugal by managing US LLC from there.
The question you have to ask is: "Am I ok running the risk of potentially getting caught?"
The second partner was tax resident in US and paying taxes.
It's very clear, you are generating a PE in Portugal by managing US LLC from there.
The question you have to ask is: "Am I ok running the risk of potentially getting caught?"
Clear. What % do you think is the risk, indicatively? (Are you an international tax lawyer? Or a similar expert?) Do you know people who have been doing this for years? But then, if they ever find someone in such a situation, what do they risk?
Sure. I read that. In fact I said AT accepts it because it is a multi member LLC (with US resident).
Sure. I read that. In fact I said AT accepts it because it is a multi member LLC (with US resident).
- Status