Firms in Canada and East Europe. How to send invoices?

[k0t]

Hi, Wizards!

I am a dual citizen of Canada and an Eastern European (non-EU) country.

I have this:

1. Company 'A' in Canada where I am a single owner as a Canadian citizen and have paying clients
2. Company 'B' in Eastern Europe (non-EU) where I am a single owner as that country's citizen. this company can execute sub-contacting for 'A'

I want:

- Send invoices from company 'B' to my Canadian company 'A' so it can expense them and optimize taxes.

My problem:

- My name is the same in both passports, there is no way to hide ownership of the company 'B' so basically I'll have Foreign Controlled Rules applied and it makes no sense then.
How I can have some intermediary to hide one side of transaction. Business is LEGITIMATE so no need any darks or another super/extra stuff.

Please help and thank you,
- k0t

 

[Artemis Eleutheria]

Chnage your name in one of the places

 

[k0t]

Artemis Eleutheria said:
Chnage your name in one of the places
Click to expand...

Thank you for your reply. I have already been thinking about this , however too much stuff (properly, bank accounts, cars etc.,) bound to the current name.

 

[k0t]

Anyone, please can you help? Really need a solution. Is cross-invoicing with someone can be an answer?

 

[Martin Everson]

k0t said:
How I can have some intermediary to hide one side of transaction. Business is LEGITIMATE so no need any darks or another super/extra stuff.
Click to expand...

Google for an offshore Re-Invoicing Service provider.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[k0t]

Martin Everson said:
Google for an offshore Re-Invoicing Service provider.
Click to expand...

Hello, I have googled. Didn't find anything reliable. Found one website (don't know if I can mention it here), but it seems they are going to invoice from offshore/semi-ofshore country like (Panama, UAE, Cyprus etc.). I don't know if that will be convincing enough for my country's taxman.