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  1. Yitzhak

    Does a non resident company need to be registered for VAT?

    Yeah, but isn't Cyprus part of the EU?
  2. Yitzhak

    Why one should form a Company and start business in India?

    The problem with India is the same problem with Switzerland. Both countries require large amounts of money up front as deposits to start a business. India, as I recall more was reasonable in the amount of money required than Switzerland was, but it is an obstacle in both places nevertheless.
  3. Yitzhak

    Do Personal Income Tax Cuts Foster Growth? Again, No

    They don't. But they do foster good faith, and they're great for generating campaign contributions.
  4. Yitzhak

    Do Personal Income Tax Cuts Foster Growth? Again, No

    They don't. But they do foster good faith, and they're great for generating campaign contributions.
  5. Yitzhak

    Does a non resident company need to be registered for VAT?

    What if, say, you're running a website, and you get orders from European residents? Wouldn't you be obligated to charge VAT then?
  6. Yitzhak

    I'm confused about corporate banking offshore.

    I'm not really worried about the big guys. The big guys like the little guys. Most of them were little guys once too. The big guys troll each other, but they understand that it's to their advantage to leave the little guy alone. It's kind of like an ecosystem, that way. It's the patent only...
  7. Yitzhak

    I'm confused about corporate banking offshore.

    I think, with my specific problem, there are a few ways to solve it. I would like a nice low tax rate, but what I really need is protection from American patent law. There are guys suing startups out of existence in my industry because of totally bogus IP claims. My thought was that an opaque...
  8. Yitzhak

    Unlimited Web-Hosting

    Usually the catch is that an account is only allowed to use 3% of total resources. More often than not, it's in the contract. That means processor, disk space, memory, etc. As cheap as virtual private hosting is these days, why not get something where you actually have control? Sure, you only...
  9. Yitzhak

    I'm confused about corporate banking offshore.

    Maybe the key would be finding a place where the tax rate is 1.5% to 3% that has a treaty, so you get to play by the rules and spend next to nothing in taxes? Some of this tax haven stuff scares me a little.
  10. Yitzhak

    I'm confused about corporate banking offshore.

    Just sent an email with more information to the webmaster address.
  11. Yitzhak

    I'm confused about corporate banking offshore.

    My research is telling me that you can actually open a private numbered account there. The biggest problem with the banks there is that you have to actually set foot in the country, and talk to a banker. But it's not that far from Israel, and it would give me an excuse to visit with family.
  12. Yitzhak

    I'm worried about my Belize company setup please confirm if it is still good?

    Regarding tax treaties, wouldn't opening a CSL in belize still be a pretty good deal?
  13. Yitzhak

    I'm worried about my Belize company setup please confirm if it is still good?

    A friend of mine did it by phone, and in person at his local branch for documentation. Depends on the bank.
  14. Yitzhak

    I'm confused about corporate banking offshore.

    Thinking Angora is actually the best place to open a bank account.
  15. Yitzhak

    I'm confused about corporate banking offshore.

    I was confused over the difference between customer and signatory, and I almost set up my entities wrong. I'm playing at a disadvantage, not being an expert on this yet. I'm great with code, though. :)
  16. Yitzhak

    I'm worried about my Belize company setup please confirm if it is still good?

    Or why not Hong Kong or Cyprus, for that matter? If the idea is the to pay the lowest possible tax rate, you should be able to incorporate there, and use the tax treaties to your advantage.
  17. Yitzhak

    I'm confused about corporate banking offshore.

    Exactly. Dumb dumb dumb idea. Thank you so much! This is the piece I was missing.
  18. Yitzhak

    Panama corporation with Cyprus bank account need to know how

    Does the introducer need to be anyone special, like a lawyer or someone with clout?
  19. Yitzhak

    I'm confused about corporate banking offshore.

    Personally? I would be more interested in his documents. Birth Certificate, National ID card, etc, than actually hiring the Mexican himself. The problem there is that you're putting money in someone else's name, and if he ever found out about it, he could take it... because, well, it doesn't...
  20. Yitzhak

    Panama corporation with Cyprus bank account need to know how

    Do you have to be feet on the ground in Cyprus to open a corporate bank account, provided that you have the documentation? Or is it the kind of thing you can do on the internet?

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