Delaying income should reduce tax. But how?

[AND2]

Hi All,

I am in the process of investigating how to delay income. Say you get 10K a month but you don't need them. You can do fine with 1.5K/m which are taxed much, much lower. So in the long run you get more money.

The only idea that seems to be shaping up in my mind so far is:
- Cpy pays you through an umbrella cpy in CH (i.e.)
- Umbrella cpy pays your cpy in _bullion gold_. Your cpy only holds bullion gold so it's not reported to CRS
- You can put all into bullion or shave a bit for a salary.

Other options would be to pay yourself an unemployment insurance, or similar, and expense that.

Anyway, ideas welcomed as this is very early stages. Thx in advance.

 

[Martin Everson]

AND2 said:
I am in the process of investigating how to delay income.
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Get an Estonia company which is only taxed at point profits are distributed.

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

 

[Remy]

Martin Everson said:
Get an Estonia company which is only taxed at point profits are distributed.
Click to expand...

Same for Georgia Limited

 

[AND2]

Mmmm that would mean effective direction of the cpy is where you reside, neither Estonia or Georgia, and you'd be taxed where you reside. Whereas gold bullion holdings are exempt of being reported when held in a foreign country. At least as per Spanish law.

I guess you are pointing at having a cpy there with some substance and some directors, nominees, etc?

 

[Spinat]

Martin Everson said:
Get an Estonia company which is only taxed at point profits are distributed.
Click to expand...

Do you know if this is possible to setup remote with some agent, maybe you know one? we don't speak e-residency here, it is a real company setup right?

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