Recent content by Bofferding

  1. Bofferding

    Estonia Oü or UK Ltd/LLC? which is the easiest to manage?

    Anyone else got experience with Estonian Oü?
  2. Bofferding

    Estonia Oü or UK Ltd/LLC? which is the easiest to manage?

    Thanks a lot neweraoffshore. I appreciate your feedback. Does that mean, they do open for EU nationals which have no links to Estonia? I heard and read banks such as LHV are reluctant if you don't move to Estonia. Wow 2-6 months is not what they promote on their website. Does being a EU...
  3. Bofferding

    Estonia Oü or UK Ltd/LLC? which is the easiest to manage?

    Hi all, Where I'm residing, an EU country, we still follow a traditional way of doing business where it's really hard for a new entrepreneur to have a current state of your company. From what I read so far, an Estonian Oü solves this. All is done online and all steps are pretty...
  4. Bofferding

    Business journey. When to plan about Asset protection, Private Banking, Pension, etc.?

    Let's say eg. I start from the very beginning. At what time during the business journey is it good to think about Asset protection, Investments, Private Banking, Pension, etc.? I imagine each person's case is particular but what would be the general agreement here? I couldn't find any clear...
  5. Bofferding

    Is there a country where taxes are only 10 or 15% on cryptocurrency ?

    Luxembourg 0% if you can prove you hold it for 6 months, meaning no trading. Source Pwc: Link Other sources: NEW TAX CIRCULAR ON CRYPTOCURRENCIES IN LUXEMBOURG - jinfa tax S.à r.l. International legal business solutions - Global Legal Insights
  6. Bofferding

    EU resident. Where to incorporate for a first business?

    Sorry for reopening the subject, but what are your thoughts on these two cases: UK Ltd: Basically he explains that having a UK Limited with nominee services and a virtual office could be a solution for someone living in the EU. And he also quotes: This means that, if I keep the money in the...
  7. Bofferding

    EU resident. Where to incorporate for a first business?

    Thanks @Sols . I appreciate your reply. Warmer weather doesn't bother me. Never been to both places your recommend but I'm pretty sure it's nice to live there. I am sure they are the solution to my problem. Although, both cases don't work for me as I'm just starting a business and cost wise...
  8. Bofferding

    EU resident. Where to incorporate for a first business?

    Hey there, My current situation is particular and I hope to get some feedback from people who were in a similar situation. I'm resident in an EU country where taxes are high but not so crazy as its neighbours. I managed to save a small chunk of money and I'm currently have in mind to launch...
  9. Bofferding

    Transparent entity(USA/UK) + resident in Europe with progressive tax system

    Thanks @Admin for the reply. What about the remittance of the profits to my home country? From what I read, since it's a transparent entity, all profits goes straight to me and I should be taxed on a personal level. But is it possible to keep some in the US LLC entity and just remit a small...
  10. Bofferding

    Georgia opinions

    Thanks everyone for the replies. It's nice to have opinions from both sides. I've heard good things of Batumi. I'll definitely visit it if I decide to live in Georgia. I appreciate your view. Regarding the weather, where I come from it's mainly cold and rainy. Looking at the historical...
  11. Bofferding

    Georgia opinions

    Hi, Ӭ I'm creating this thread as I wanted to hear opinions about life in general in Georgia. Like living costs, the people, time to integrate in the society, etc.. I know there are few members here who are still living there or have lived there. Ӭ I am planing to visit Tbilisi around June...
  12. Bofferding

    Transparent entity(USA/UK) + resident in Europe with progressive tax system

    Hi, This is my first post. Hope it's the correct place. Where I live we have a progressive tax system. Income earned during the year less than +12K Euro is 0% tax eg. Now, does having a transparent entity like a USA LLC or UK LLP would allow me to keep a portion of the profit in the company...
  13. Bofferding

    Hi and thank you OCT

    Hi Everyone, Just wanted to introduce myself to the community. I come from a very small country in Europe which shares 3 borders. Let's see if you guys can guess which one it is :). Life is very comfortable, actually too much even. I don't share the same views as the majority of people living...
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