Search results
-
[USA] Inc. vs LLC - Is my tax planner trying to fool me ?
Thanks a lot for these info! I am quite overwhelmed to be honest- mardz
- Post #17
- Forum: Offshore Company
-
[USA] Inc. vs LLC - Is my tax planner trying to fool me ?
Not really but I would like to stay in Europe and if I understood correctly I only have 4 options: Malta, UK, Irland and Cyprus. I have heard there are lots of expats with online businesses in Malta, maybe its a good opportunity to meet new people doing the same as me.- mardz
- Post #14
- Forum: Offshore Company
-
[USA] Inc. vs LLC - Is my tax planner trying to fool me ?
Stripe and Paypal are an absolute necessity for me and they don't work with Maltese companies as far as I know- mardz
- Post #11
- Forum: Offshore Company
-
[USA] Inc. vs LLC - Is my tax planner trying to fool me ?
Thanks for the advice, I will try to find another tax planner. He told me that if I move out of Germany this year (2020) I could setup a company without telling the tax office. It would only become illegal if I'm still resident in Germany in 2021 while having created the company in 2020. Not...- mardz
- Post #3
- Forum: Offshore Company
-
[USA] Inc. vs LLC - Is my tax planner trying to fool me ?
I am in the eCommerce business currently living in Germany. I would like to create an offshore company and move outside of Germany asap. My tax planner recommended me this setup: USA Inc. (Incorporation) + moving to Malta I did a lot of reading lately and noticed nobody mentions Inc. while...- mardz
- Thread
- Replies: 49
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
I talked to a tax planner yesterday and he actually recommended to create a Inc. in the US and move to Malta for the tax residency. What do you think about this advice? Why an inc. instead of a LLC ? Regarding Wyoming/Delaware the advantage is that there is no corporate taxe is that correct ?- mardz
- Post #27
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
Thanks for the detailed info :) What do you mean by "banking issues" I thought doing business through a Limited in the UK would be simple ? I am not sure about Bulgaria and Cyprus as both countries are not supported by Stripe. Also the UK is one the few countries where Shopify Payments is...- mardz
- Post #25
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
Ok Thanks, my country is Germany btw- mardz
- Post #21
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
That sounds good. How risky is it to create the LLP/LTD setup now and not tell the tax authority in my country about it? My goal is to leave the country in a few months and not pay any taxes (either digital nomad or find a country without territorial taxes) Do you think the UK will communicate...- mardz
- Post #18
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
Sorry I meant LLP You mean the Limited with 10% shares will be taxed but not my other 90% of the LLP ?- mardz
- Post #13
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
@James2122 Thanks a lot for all the info. Unfortunately Shopify and Paypal don't allow payouts to TransferWise. I talked to a tax planner yesterday and he said I should open a LLC in the UK The setup he suggests: LLC with 2 entities, one is me with 90%, the other 10% is a Limited that I will...- mardz
- Post #11
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
Thanks I haven't though of the UK now. Apparently corporate tax is 20% Would Switzerland be a good option too ?- mardz
- Post #6
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
Yes I read somewhere here that it's expensive to maintain a company in HK... Do you think it's an option to start the company in HK and close it after 1 year or is it too much paperwork ? Which countries in EU do you recommend ? I heard Bulgaria is interesting What bothers me the most is that...- mardz
- Post #5
- Forum: Offshore Company
-
eCommerce + Hong Kong Setup
Hello everyone My case is quite common, I did a lot of reading on this forum but I still have some questions. My situation: I am currently based in Europe doing ecommerce. I would like to incorporate in another country and leave my country as soon as the corona situation is over. I still...- mardz
- Thread
- Replies: 46
- Forum: Offshore Company