Malta sourced income is considered when a service is performed inside Malta and the payment is received from either a maltese resident individual or company.
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Post in thread 'Best management location for US LLC'
Jan 25, 2025
Malta sourced income is considered when a service is performed...
You move to Malta first, then form a US LLC and elect the newly formed US LLC to be treated as opaque entity in Malta.
Since Malta sourced income is considered when a service is performed inside Malta and the payment is received from either a maltese resident individual or company, you...
Those costs omits company formation costs which in Malta is at leat 1500€, no secretary, no director and random bulls**t that Maltese love to throw at you that will rise the cost.
This is the real cost, as i already told you.
Don't expect anything less thank 10K/year
Do i need to remember you are making 80K / year?
Unless you foresee to skyrocket your income to at least 500K / year this structure DOES NOT MAKE any financial sense.
You are paying 12.5% of your income for the the privilege of paying 5% taxes.
You...
UK holding.
No WHT on dividends, common law, cheap to manage, access to banks, no questions asked by banks when wiring to holding unlike UAE, outside of EU.
If that's your cup of tea i highly suggest you to look at Gozo.
More laid back than Malta, more green, less crowd, better beaches in summer.
I don't know if funding a MT LTD with offshore capital is technically a form or remittance. If not then here you go, you fund a MT LTD with capital and...
Whit supermarkets delivering food to your door and the fact that all the action is around St. Julians / Sliema where do you want to go with a car?
Not only traffic is crazy but they also drive like UK so everything is in reverse.
You can pretty much move around by walk and or electric bike...
It's very simple, you don't.
Why would you buy anything in Malta if in 4 years you will move to GIB?
Even if in GIB you'll pay more in taxes, you will get more freedom in return.
Another option for you is US LLC while living in Malta as non-dom: least possibile hassle tax wise, a little more hassle in terms of easiness of visiting Spain (you have to taka e a flight instead of taking a car).
You are paying taxes. Malta is happy.
Options 3: take a look at Creem.io a merchant of record that does exactly what you need.
Be aware that this setup works for a "lifestyle business" where you manage everything yourself.