Best EMI for Spanish citizen

Status
Not open for further replies.
Sir Gelato

Sir Gelato

🗣️ Loud Newcomer
May 28, 2025
89
0
36
I'm looking for an EMI with 0 fees or at least the cheapest ones. To accept payments as a contractor, also with a decent ammount of withdrawing (2000 - 4000 eur/month) and with some type banking secrecy, cause i don't want the spanish tax man knocking at my door.
¿What do you guys recomend?

Thanks
 
Neat.hk have been the only solution I have found.. cause I was in your same situation... also transferwise..
 
There is no banking secrecy with EMI's because they are not banks!

You may check the list available here List of Banks, EMI's, Payment processors and BTC to FIAT institutions. and be more specific to what business you are into in order to get qualified replies.

Toggle signature

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​
 
Similar situation here.

What you are describing the tax man will not accept in any way. I am sure you are aware of that. So you will be 100% relying on bank/emi secrecy which won't let you sleep well imo as at any point things may change and they will report you. Also your customers, depending on how much invoices are, might report that to their tax auth and those to the Spanish tax man. And a few years later you get a penalty several times any income you got.

AFAIK there is no way around it but I'd love to hear ideas.
 
Register a Hong kong ltd with a nominee.. open a bank account in behalf of that company.. and save whatever you want without taxes.. they wont report you cause the nominee is the face of the company...
 
Shaoling said:
Shaoling said:
Register a Hong kong ltd with a nominee.. open a bank account in behalf of that company.. and save whatever you want without taxes.. they wont report you cause the nominee is the face of the company...
Click to expand...
Click to expand...
I have the same problem, do you have any suggestion about company to create the HK with nominee?
 
Read forum on HK, apparently not such a good idea and you have to fight back the 0 tax every year at a considerable cost.
 
They are companies that can create everything online.. an HK company is expensive.. and you dont have to fight for the 0 tax.. you just have to declare every year.. and yes you have to pay for that declaration.. in my case I pay around 1000 usd per year for that declaration.. and is nothing against the taxes I should pay.. also I have several emis accounts.. but right now I am about to open a Cyprus account
 
Shaoling said:
Shaoling said:
Register a Hong kong ltd with a nominee.. open a bank account in behalf of that company.. and save whatever you want without taxes.. they wont report you cause the nominee is the face of the company...
Click to expand...
Click to expand...

So the "nominees" are going to be the beneficial owners? Otherwise you are going to have to tell the bank the benefical owners and the account will be reported.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
The nominee have a private contract with you.. he cant do anything on behalf of the company
 
Shaoling said:
Shaoling said:
The nominee have a private contract with you.. he cant do anything on behalf of the company
Click to expand...
Click to expand...
That's not going to work that way at least if you open an account for such company in any European bank! I believe it's the same for the US and most other countries in the world.

Toggle signature

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​
 
Shaoling said:
Shaoling said:
The nominee have a private contract with you.. he cant do anything on behalf of the company
Click to expand...
Click to expand...

Ok, I think you are new to this. Or perhaps you are compensating the nominee well enough they are willing to accept the legal risk of claiming to be beneficial owner of assets that are not theirs. Ask yourself if these nominees will swear before a judge that they are the beneficial owners when it comes to crunch time otherwise devise a new plan.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
And what about.. limits we shouldn't cross ? In money reception or sending? Do you know if they accept offshore companies?
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

Forums

User Menu

Login
Community platform by JohnnyDoe © 2025 JohnnyDoe
  • Width
  • Queries
    13
  • Time
    0.7129s
  • Memory
    14.05MB
Top Bottom