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past performance is no guarantee of future results how much do you lose if you take your bar home and then next day return and sell it if the price does not change ?

I'm skeptical about gold. If you bought it at a wrong time you can get stuck with it for years, even decade. You have to store it somewhere and I doubt you'll store it as your pair of shoes, otherwise you pay 1-2% storage fee. The saddest part comes when you want to sell it - you lose on...

How you can find a such official ? it's much easier to pay once and find out completely than 5 threads with no clear answer

No specific case, just at the moment Georgia has the worst data protection laws I ever seen. I can see the full director's information of any company, even his photo and home address. Their property register is also fully public, which allows search even by name. I won't be surprised if one day...

Has anyone else tried this trick? I have checked the registry and it seems data is confidential, however won't there be any shareholders decisions available in the public registry after some time?

I don't know why you are afraid of Russian invasion, now is not the 19th century. You are more likely to face up with corruption and criminals. When I open the world safety ratings I see Georgia on the top of the list, however when I open a local Georgian news, I see "homicide", "murdered" etc...

I understand you get a 10k/year as a self employed and the rest tax free to an offshore company, a kind of a grey zone. Have you consulted with a tax advisor regarding this setup? If the tax office will require to pay the tax for the offshore company this makes Cyprus completely unattractive...

What docs did they requested? As I understood, you are not paying any tax for it in Cyprus, right? this makes Cyprus less and less attractive

It's a simple sign and forget form. There are much worse ones. Have you achieved a full privacy (non public register, etc) with this setup? Cyprus loses in that. A good question is, when a Georgia sign into CRS and they receive your bank info overseas, will you attract unnecessary attention...

I think it can be the same with any other low tax country like UAE, Andorra or even with an uncharted country like Mongolia. Most likely providing a local ID and tax residence certificate will be enough for them. What's the form A? Having a residence in a war zone and wiring money to a bank in...

Did they directly denied you based on your Georgian residency? Or if you change the residency on existing account is it really they close it thereafter? For now the country isn't blacklisted at all and has a good relations with all countries and organizations. The only issue for banks I see is...

Have you tried to use it as a tax residency for any foreign banks recently? Did they accept it? I'm so much interested because I am considering it as a low tax base, not as a transit hub.

Do you mean it's used for all bank accounts, as a tax residency as well? Earlier you said that Georgian's residency is ok but it's not the place you want to settle. do you spend a lot of time there during the year?

Czech republic has an effective rate of 12-13% with social security included if your income is less than 2kk czk/year.

Fake. In accordance with the Cyprus income tax legislation, a company is considered to be tax resident in Cyprus if it is managed and controlled in Cyprus. Otherwise Cyprus would be a perfect tax heaven. But you have to maintain a rent contract for the whole year which costs quite a few

They can create a law, so you have do disclose a final beneficiary, the same policy which exists now in banking sector. similarly to the CFC law, you are an effective beneficiary I mean a property tax in the country the property is situated in. Also utilities must be payed. I don't know how to...

It's not a bonus, money is the main reason why people are living there ;)

How will another passport help him? You describe very interesting schemes, I appreciate that, but are they really working in 2020? You will be an effective beneficiary anyway, using nominees or not. For example we are considering Switzerland. Can we just buy a house in the Bermuda's company...

Really? I thought a company around 2-3k and residency papers a couple of hundred euros.

It's capped at 2kk CZK with the effective tax rate of 12-13% including social charges. Not a bad option and much better than BG. it can be avoided, but not so easy Are you ok with the fact that the company's income and UBO will be disclosed?