Recent content by VladDracula

However the ruling will be caped to a maximum of 216k Euro? They decided to increase taxes as I heard from the news.

I think of Dubai as a base for my company and not myself. Ukraine has CFC rules that allow you to have a company abroad and not pay taxes if the turnover is lower than 2 mil euro. So with a company in Dubai I can live in a country without CFC rules (Thailand for example), or change country every...

That's some nice information, I've got a 2 years old vehicle. But taxes increases even more, oh my. Italy is good for tourism, but I don't see myself living there full time. Romania and Dubai are both temporary options. I will definitely check Switzerland, didn't think it has lower taxes then NL.

Yes, it's a good solution for a short period of time, however I like to have a plan for 5-10 years ahead. I don't want to find myself in 2 years without a resident permission and again seeking for a way to start everything from scratch.

Will definitely dig more into it. Let me know if you ever visit Romania and would like to meet up for a coffee.

I'm currently in Eastern Europe, going to visit my family in Romania. That's why it came to my mind - I can spend few years there without problems. Yes, as I can see it perfectly suits software companies with the revenue lower than 1 mil euro and no significant expenses.

Guys, what do you think about Romania? Maybe not a perfect country to settle, but micro-company setup will lower the taxes to 1%+5%. Probably can spend few years here.

Bikes are cool, but I'm a petrolhead so NL roads and German autobahns will suit my needs, hah. Never been to Switzerland, Numbeo says it's damn expensive. Also no english I suppose. Italy looks nice with € 100,000 lump sum tax, with 400k income it will be 25% taxes. Portugal with NHR program...

Ok, my calculations were too good to be true, heh. Back to the initial plan then, I have to check if it is reasonable to make investments using the BV. I am a mobile software developer, have few niche apps that generate revenue. My first thoughts were to live some time in Dubai, making money...

Which leaves me with 40,875 tax on salary (from your last post) + 80,5k tax on dividends if I understand correctly. That's 30% on 400k, did I miss something?

I think high taxes is common in continental EU and I don't want to put myself on an island like Cyprus or Malta to save some money. My criteries are safety, developed infrastructure, clean water and air, mild climate (I like rainy weather tbh), english speaking people, taxes below ~30% and ease...

Thanks, appreciate your input. So if I would like to take that 229,5k as dividends, I have to pay 15% (34425) in dividend tax, leaving me with net 195k + 59k salary = 254k. That would mean I paid 146k in taxes which is 37% from 400k profit. Also as you said I can use some tricks to lower my tax...

Oh, that's where my perfect plan is falling apart haha. But a salary decreases the company profit, right? So if I pay myself like 250k, I will pay 100k in self-employed taxes (using online calculator). Then corporate taxes will be 400k-250k = 150k * 15% = 22500. Total taxes will be ~122500 euro...

@johndunham Thank you for the reply! I'm ok with paying 25.8% if I make more than 400k. The idea was to invest the rest in stocks to reduce profits of the BV and than a 50k salary will look good for a director. I see this will not work, the Dutch tax man is smart. I would like to pay taxes in...

Hey there! Ukrainian citizen looking for a new home due to well known reasons. I would like to open a company in the Netherlands and move there. Currently making ~400000$ annualy from my online business. I live a modest lifestyle, don't need that 400k right now, so here is the plan i've come...