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    Best setup to avoid European withholding tax? Anything better than Malta?

    For a UK company with PE in Malta, do UK CFC rules apply (or the Maltese CFC rules apply)? Technically it's still a Maltese company then That concludes the setup?
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    Cheapest 0% Tax Route with Substance?

    The Nevis holding would require a substance in this case. Otherwise considered as a Barbados company? Sounds about right, and if US LLC is planning to have clients in US - then UK LLP can be used instead. Only with substance in Barbados as well then.
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    Cards with cash back for UK / EU entity ?

    Big ones: Revolut (eligibility), Wise (on balance) Smaller one: PST.NET
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    Penalties for late PE registration?

    If you had 2 companies (one in Estonia, one in Singapore) for the past 3 years (both are active, both are managed from Estonia). Then after 3 years, you decide to register the Singaporean company as a branch/PE in Estonia. Singaporean company never distributed dividends, but it still paid up...
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    Business Expenses Abuse?

    If anyone sets up a company & PE in a country with no audit requirements (like UK) OR a country with generous business expense rules (like Cyprus) Can't he then just use the company for personal expenses? Then on the paper he would have 0$ personal expenses to be taxed on, and can live...
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    Bulgaria 0% Capital Gains Tax?

    Listed securities (shares, tradable rights) on regulated markets After research, seems like 10% CIT will apply regardless
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    Bulgaria 0% Capital Gains Tax?

    Reference: What is total tax paid from investing using Bulgarian company? Can you setup a company in a way to avoid corporate & capital gains tax?
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    How quickly can I turn IBKR portfolio into cash?

    If I have invested 500k with IBKR EU business account into bonds, mutual funds, and stocks - how quickly can I turn it into cash? Withdrawn to the bank. Would I pay withholding tax for the withdrawn 500k (assuming no dividends in the year)? Are there any fees or issues with withdrawing anyway
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    2024 EMI US Business Cards

    Non-resident US LLC, EU citizen owner needs Physical VISA Debit Cards. Reselling business, not dropshipping. Mercury: Account closed after a year, no reason Wallester: Applied Wise: Temporarily closed cards Brex: Rejected Trynovel: Rejected Everest: Cool Soldo alternative, but not accepting US...
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    Estonia Amex Alternative

    Since Amex is not in Estonia, what are some good business cards with travel / hotel points (like Amex)? Estonian resident owner as well.
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    TRY / AED Only Banks

    This was just my rant of how to compensate limited number of transactions for investment banks, not part of this thread :)
  12. I

    TRY / AED Only Banks

    That could also work or some local banks in Turkey (assuming no connection to big banks) No SWIFT needed and it's for a long-term Turkish resident After some research, local investment banks seem to fit as well - much safer than rural banks, operate in TRY, but are limited in transactions. As...
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    TRY / AED Only Banks

    Not for a Russian friend :) Another one, but with a good citizenship this time. Really struggling to find “Zand” seems to fit, its an online bank in UAE, but doesn't look safe at all Another is “AlBaraka”, a Turkish bank, they dont have international presence, but they unfortunately work...
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    TRY / AED Only Banks

    Any banks in Turkey / UAE that only operate in local currency? Meaning that there is no USD / EUR accounts at all provided
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    Payments from Russian clients - will a pro-Russian payment system resolve the issue?

    Small expansion of this thread: Assuming a Russian individual opens a Turkish / Kazakh bank account, but he opens KZT / TRY account (and not USD / EUR) He transacts only in KZT / TRY , so there are no correspondent banks like JP Morgan, Commerzbank, etc. Is the bank still taking any risk by...
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    How hard is it to get UAE bank (2024)?

    Technically, since UBO won't live there. Not for a Russian passport in this case. Thanks for your experience, whats your nationality (EU / Non-EU) and turnover?
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    How hard is it to get UAE bank (2024)?

    Is it possible to open UAE bank account for a non-crypto company without any substance in 2024? Assuming business residence visa, *no apartment in UAE*, low-tier passport, 50-100K per month revenue, If not, how much substance is enough - office + 1/2/3 employees?
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    Does this contact / way exists?

    What if the company doesn't rent the truck? It just pays for it. Because renting takes responsibility, and the company doesnt want that.
  19. I

    Does this contact / way exists?

    Let's say company A owns a truck. That truck has a lot of maintenance fees, like parking, gas, employees, etc. Company A doesn't want to pay for these (for weird reasons) The owner makes Company B to pay for all of that. But Company B doesn't own the truck, they just have a contract. Is...
  20. I

    I tried opening a US business account in 18 EMIs, here's the result

    One of my friends' businesses was rejected by Airwallex, and Mercury closed the account after 1 year (even with US operations). Not sure why, maybe because US operations were with another non-resident US entity. All legal, EU citizenship

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