Recent content by Limelight

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    How to live in another EU country?

    Have you confirmed that simply having sufficient funds to support yourself, and wishing to live in Slovenia "just because you can" as an EU citizen is not enough of a reason to be there? I know it works that way in some other EU countries. On their site it says: "Reasons for the issue of a...
  2. L

    Best EU structure: Romania micro-company (1%) + Georgia high net-worth (%5)

    Consulting is still there IIRC, but services is possible. Edit: To benefit from these, the following are applicable: it obtains its sources of income from activities other than banking, insurance or gambling; it has sources of income, other than in consulting and management in over 80% of...
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    Georgian Free Industrial Zone (FIZ) Company - Do These Still Work?

    I decided to go for a Romanian micro-company instead, even though I'd rather live in Georgia... it's just easier to set up in this case, 6-8% tax and done. The advance ruling is very interesting though - maybe you could pool funds together? I'm sure more people are interested in this - like...
  4. L

    Georgian Free Industrial Zone (FIZ) Company - Do These Still Work?

    Would an advance tax ruling mitigate a situation like this? IIRC @JustAnotherNomad mentioned that they were in the range of $2K in Georgia, which wouldn't be a bad idea?
  5. L

    Micro Company Romania set up

    Thanks a lot! Someone was fearmongering about corruption in another thread, so it's good to know that everything is working out for you :D Just to clarify that last bit - It's impossible to receive any payments until I visit the country in person to set up the bank account, right?
  6. L

    Micro Company Romania set up

    Hey @Mr Magoo how has your experience been with the Romanian company so far? I'm looking into opening one as well. Any reliable accountants/agents you can recommend from experience? Or it doesn't matter which lawyer firm you use to register, because it's mostly hands-off from there on? Any...
  7. L

    Low/No tax company structure in Europe

    I imagine you would need substance / permanent establishment in both locations for this to work? I'm aware that original poster is banned, just curious about the details of this arrangement
  8. L

    CRS questions

    Is this actually legal? Wouldn't it be seen as tax evasion if I e.g. billed my Estonian company from under my Romanian microcompany, being the sole owner of both of them?
  9. L

    Georgian Free Industrial Zone (FIZ) Company - Do These Still Work?

    What's the current situation with Georgian FIZ (free industrial zone) companies? From what I understand, it's still possible to establish a tax-free company in Georgia for a flat fee of €3-5K/year + maintenance expenses? According to the English translation of the FIZ legislation, I should...
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    European remote worker look for low cost living and low tax

    Even considering the worst-case scenario (e.g. Ukraine 2014) it shouldn't be too bad if you don't keep too much money in Georgian banks, right? I mean, if things really start looking like SHTF is about to happen, he can just cash out, pack up and leave, no? Need to keep the finger on the pulse...
  11. L

    European remote worker look for low cost living and low tax

    Why is that? Besides the Russian threat, is there anything to be worried about?

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