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It's not like it's a secret program that doesn't come up with a simple Google search. Most/all of the usual offshore suspects offer to handle the details for a(n im?)modest fee. If memory serves it's 10 million rubles invested, 10 employees, permanent residence after 1 year and citizenship after...

This is part of what I did with my Hong Kong company. It used to be possible to end up with zero tax this way, but took a lot of work to get there. I remember hearing something about the US-China tax treaty removing Amazon/Paypal zero withholding status from Hong Kong, Macau and Taiwan. Make...

I had US citizens in mind when I said that. However, no one really knows what the exact fraud algorithms used by the US government actually are. Keep in mind that you can't spend your American company's money as if it is your own personal money the way you can with a Dubai company. Like Au999...

Let me get this straight. You want to set up a US company that will do business with other US companies and not pay US taxes? Good luck with that. The US is a great place to run an offshore operation for non-US residents, but the moment your Delaware corporation does business in the US you're...

I'm assuming you are a US citizen since you care about what the IRS thinks. The US is actually a great offshore option in many respects if you're not a US citizen. You are not passing profits to Dubai, you are sending the gross to Dubai. That is a significant distinction. Likewise, every...

Sounds interesting. I would like to hear more. Feel free to PM me.

Really? Which banks? When I was in Cambodia in 2019 both PPCBank and KB Kookmin Bank told me you have to have a residence, business or retirement visa to open an account.

I would think the obvious strategy is to create a new Freezone company, Dubai bank account, Dubai merchant account, etc. and do business that way moving forward, but @Fred is the resident expert on UAE technicalities so I would defer to his expertise and go with whatever structure he recommends...

There is one reason to consider this visa that hasn't been mentioned - Cambodia is a non-CRS country. For all its shortcomings, this setup gives you a non-CRS bank account. Unlike the US and that one shitty African country, you don't owe taxes just by virtue of having a residence visa. You have...

This looks like it is designed to extract money from suckers. Cambodia already sells citizenship, it's just not as famous for it as places in the Caribbean. "Donate" 1M KHR (~250K USD) to the government or "invest" 1.25M in one of their scam real estate projects like those mentioned above for...

A word of warning - total costs of doing business in Hong Kong are much higher than you would expect from doing a little reading or you will be lead to believe by people wanting to sell you company registration services. The worst part is that the expenses are not transparent or clearly...

Great thread Fred, UAE was not on my radar but this has given me a lot to consider. Does your visa setup have a path to citizenship? If so, what are the requirements to get citizenship?

So far so fine I guess but my mbs are being taken while am connected to this app So my question is this psiphon app really free coz I never tried it without mbs in my phone ?