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  1. OffshorePhantom

    Portugal NHR + Luxemburg company

    I already checked and CFC rules do not apply. Hello, royalties should be paid from the company to me regardless if Apple or Google treats them differently. Here the royalties are intended of the economic utilization of my intellectual property (the app) by a company with which I have signed a...
  2. OffshorePhantom

    Portugal NHR + Luxemburg company

    How the Lux company can be controlled from my home country if I am not even the director of it? I cannot receive the income personally since it is a two-men business so we need some sort of company to collect all the profit and then distribute, otherwise it would have been much easier to...
  3. OffshorePhantom

    Portugal NHR + Luxemburg company

    I think he's referring to this: Tax Benefits (also in the website says it is not doable anymore in 2022 unfortunately) Problem is that I ready it will be available only until 2027 and also I do not know if with the NHR regime this can be considered as Portuguese income if you then after paying...
  4. OffshorePhantom

    Portugal NHR + Luxemburg company

    The Lux company will pay me for the use of my intellectual property work (my app) with a written agreement between me and the company (this should be how all royalties agreement works). I can even register the app as an intellectual property if there needs to be this kind of documentation. The...
  5. OffshorePhantom

    Portugal NHR + Luxemburg company

    I have had the app for several years, even before the company was incorporated so this proof can be obtained easily. Clearly, royalties payments are deducted from company taxable income since me and my business partner are the owners of the app.
  6. OffshorePhantom

    Portugal NHR + Luxemburg company

    Hello, I would like to know if I can achieve a 0 % tax setup with the following business. I have a mobile app business and I read that foreign royalties according to Portugal NHR are tax-free. If I create a company in Luxemburg, administrated by a local director and receive all the money from...
  7. OffshorePhantom

    Best offshore jurisdiction for collecting AdSense income?

    I think it count as royalties since if you do not provide a treaty to use they withhold the 30% tax. At this point, if we use a C-corp and have to pay the corporate tax I do not see how it can be useful. The only way is to create another business that takes out all the revenue of the C-corp as...
  8. OffshorePhantom

    Best offshore jurisdiction for collecting AdSense income?

    Thank you for your suggestions. The problem is if the US C-Corp is managed and directed outside the US are we sure it can be seen as a US opaque entity even if it is a C-corp? From what I understood the place of management and controls determine where the company resides. In your particular...
  9. OffshorePhantom

    US Withholding tax on royalties solutions

    If you use a pass-through LLC and are not a US Person I do not understand how they could tax you. I may have found another solution by moving to Portugal with the NHR program. I read that foreign royalties are not taxed. Since Adsense (as of June 2021) now count the money they pay you as...
  10. OffshorePhantom

    US Withholding tax on royalties solutions

    If you want to risk wouldn't be better using a US LLC with no public records and sign a W8BEN with your home country documents instead of a UK LLP ?
  11. OffshorePhantom

    US Withholding tax on royalties solutions

    In the case of software at this point the best one is Cyprus using IP Box Regime to obtain 2.5% CIT Apparently there is no way to obtain 0 % tax rate ,am I correct? We can leverage a low taxation using some eastern europe countries but cannot achieve 0 % from what I understood from the...
  12. OffshorePhantom

    US Withholding tax on royalties solutions

    Life quality is good (food, people and summer is very enjoyable here), but during winter like now especially in the north is very cold. Also here the bureaucracy and taxes are too high, it is nearly impossible to run a tech business here. Most of the time is spent dealing with government filings...
  13. OffshorePhantom

    US Withholding tax on royalties solutions

    27 % and also your income will go to IRPEF which is a progressive tax with brackets, so if you make very large sums it can be a problem.
  14. OffshorePhantom

    US Withholding tax on royalties solutions

    I am from Italy, please guys stay away from here. Here it is a tax hell and even by using this tax deduction you are entitled to pay social insure contribution to INPS. I want to move away from Italy as soon a possible! haha
  15. OffshorePhantom

    US Withholding tax on royalties solutions

    Yeah unfortunately :( At this point I do not understand why you created an LLP where there is public register that shows that you residence is in UAE, better use an US LLC and sign a W8BEN to Google using your home country documents, at least there is no public evidence available proving your...
  16. OffshorePhantom

    US Withholding tax on royalties solutions

    @WIE7 What about an Estonian company with UAE shareholders and directors. Wouldn't the Estonian company be recognized as a UAE company by Estonian tax man since it is administrated from UAE (but still leverage tax treaty between Estonia and UAE) but considered as an opaque company from the US...
  17. OffshorePhantom

    Where to purchase good quality fake darks?

    Hello, I may be interested in buying some darks, if you have any please PM me (passport or government-issue id)
  18. OffshorePhantom

    US Withholding tax on royalties solutions

    US LLC being a Thailand resident, since Thailand has a tax-treaty with US and it is a territorial tax system total tax would be 0 %
  19. OffshorePhantom

    USA - UAE double taxation, W8

    Can someone confirm this? If the LLC is owned by an Estonian company can we leverage the tax treaty between Estonia and USA while submitting the W8BEN-E ? The problem will be that then the money goes from LLC to the Estonian company and from there you cannot take it out as dividends since they...
  20. OffshorePhantom

    Adsense -> US LLC -> UAE

    Thank you! Are there other solutions apart from Georgia?

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