Recent content by drain

A few thousand USD per year, but definitely below 10k USD per year.

Yes, thank you for your opinion, that's also my idea. If someone has a recommendation for alternatives to Cyprus, let me know, or if someone knows good nominee providers. I was looking for something where the nominee is not a well-known lawyer or appointed as a nominee in many companies (this...

I don't have an inventory. My company provides only digital services. Basically, I just want to move the operational business to Cyprus (or another suitable EU country) but transfer the "profits" back to my company A in my home country (which may provide the customer base, marketing, etc) for...

Hello! I live in an EU country and run a digital e-commerce business with my company A. I want to split off the payment processing to another, new company B. I want to invoice my clients with the new company B and use the new company for the payment gateways (like Stripe, etc). Reasons for...

Hello! I live in the EU (Austria) and have a company there (LLC equivalent in my country). I expect about $4M net sales and $1.5-2M USD profit before tax in 2025. I have a small private crypto portfolio (tax office is aware of it) and an apartment in my country which I use. I am not married and...

Thanks for your input again - highly appreciate that. Cyprus would be indeed a good option. I also talked with one tax advisor who told me he would choose Malta over Cyprus, though. They are similar, but corporation tax rate for Malta can go down to 5 % (12.5 % for cyprus, 9 % Dubai) and that I...

Update: My goal was to incorporate a company where my details (shareholder, director) are not publicly accessible for journalists, customers, competitors, etc. Real anonymity, i.e. that my details are also hidden from governments/ authorities seams extremely hard and expensive so I will not...

Hello! I want to incorporate a dubai freezone company and messaged IFZA and Meydan directly. I dont really want to deal with partners who have a contract with them but prefer working with the freezone directly. I got an offer from IFZA. They charge more than $18k for the first 2 years...

Thanks. I only receive payments with cards/ paypal etc. No bank transfer. I don't do B2B and I have relationships with payment processors for accepting payments (They said Dubai company would be good for them). Customers are worldwide, but the biggest part is EU + US + UK + Australia + Canada...

Thank you guys! But I still don't understand. As far as I know, there is no public company register for Dubai freezone companies (except the address, etc). But they dont show executives/ shareholders. At least, I couldn't find anything for a few companies I checked. So there are two options...

Thanks, will check that out as well. Okay, seem to be true. But I dont have a problem when banks, governments or payment processors know the UBO (me). I just dont want that random people, competitors, or customers can find the UBO (unless they go to court for example). Like there shouldnt be a...

My company is making 6 figs a month. Digital services. No shipping involved.

Thank you for the responses! I don't understand those two points. When I have a Dubai company and invoice the customers through that Dubai company (i. e. they only see this company, and I process the payments through that company). then they have no knowledge about my EU company (unless they...

Hello! I have a limited liability company registered in Europe and unfortunately, all details are publicly disclosed (ceo/ shareholder names and details, addresses, etc.). My goal is to hide my own identity for a better privacy. My business is in no way illegal or shady, but I just do not want...