Recent content by facelessvoid

amazing, thanks again! for the life of me. there does not seem to be a DM option for your profile(that i can find, only profile comments) - can you DM me instead so there is a thread to communicate - if not(or doesnt work) then I can open a telegram account and message you there what would be...

@Don thank you very much for sharing this. very helpful indeed. from this, it seems that this gentleman have very similar requirement and situation as me, with the exception of having a filipina wife(which i dont have lol) - it looks like it is technically possible to do this yourself(the text...

@Don there is a chance that we actually staff the company and conduct business due to low cost labour. but for now its about tipping the pinky into the water and see how it is. Any guidance on feasibility and process here? i have contacted a few local law firms and waiting for their reply. on...

okay this is good to know, that even wise will limit restrictions here.. 1. do you know what kind restriction that PH generally have about transfering money out?(i did read in a few plcaes that this is a pain in the a*s), where can i find out more information about this 2. its only going to be a...

yeah I 100% agree, food is better and living is cheaper. been there a few times, but the current life circumstance does not allow this move. and yes if your taxe income becomes dodgy, CRA is going to come and poke their noses around. The idea here isnt to be as drastic, if suddenly 400k income...

i think the main issue with singapore/hk is the setup fee and the overhead that it takes to maintain it. I dont actually live in PH, but i need to move my money from CA to somewhere else to help with the tax burden here. my thought here is that I just need the incorporation document from PH to...

mostly odec agreements and lack of tax treaty. but also money not made in the philippines are not taxed(as far as i know) which makes investment returns favable(living off interests or dividends from trade accounts). I do also like the place, been there a few times

Hi gents I been reading off the internet and doing a bit of research and here is what I have gathered - lots of red tape in PH in corporation setup - you can have 100% foreign ownership of a domestic corp but you need to have majority sharehold be PH residents - you need an office - you need...