Recent content by alaintou
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Offshore corp profits
Aaah, now I see the picture, thanks! It's the CRS thing that f#^&ed it up. So bank will report an amount, local taxman will ask me what's that money, I'll say it's from a company I own shares from, they'll ask for bookkeeping, that I won't have since not needed from the registered company...- alaintou
- Post #8
- Forum: Tax, Accounting, Licensing & Legal
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Offshore corp profits
Thanks negon. So if the business is legit (unless using darks or having a huge budget to hide behind a complex structure), there is no point of using Caribbean location to register a company (in 2019) then?- alaintou
- Post #6
- Forum: Tax, Accounting, Licensing & Legal
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Offshore corp profits
So you mean that even if the country where the corp is registered is not asking for yearly filling/bookkeeping, we'll have to hire big firm to back us up in case we are asked for profit proof in our countries?- alaintou
- Post #3
- Forum: Tax, Accounting, Licensing & Legal
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Offshore corp profits
Hi all, I'm a new member here, I've learned a lot but I have simple question that my accountant (local) can't answer. From your experiences, if we are having a corp registered in Caribbean, any island where no bookkeeping is needed, and shareholders need to declare worldwide earnings in their...- alaintou
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- Replies: 9
- Forum: Tax, Accounting, Licensing & Legal