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  1. micand

    Best low tax EU country for freelancing

    Cyprus might have the lowest standard tax rate with 12,5% but don´t forget about the new GHS contributions which are now an extra 2,4% and while having a closer look Malta has an effective tax rate of 5% due to it´s 6/7 tax refund and Romania has a final corporate tax rate for micro companies...
  2. micand

    What country would you choose to relocate to avoid taxes?

    Also consider Romania (1% + 5%) and Malta (5%).
  3. micand

    Best setup for a freelancer

    The mentioned tax rates might be valid for private individuals, because of that you will also face social security contributions. If you instead consider forming a company you could lower your tax bill in Romania to 1%, based on the revenue at the corporate level and another 5% would only...
  4. micand

    Best countries to reduce taxes for traders as only source of income

    romanian micro companies are taxed with 1% on their revenue - not profit - if it does not exceed 1 million euro and there is at least one employee. another 5% withholding tax apply, but only when dividends are distributed to the shareholder.
  5. micand

    TW verification

    Last time (about a week ago) I helped setting up a TW account they didn´t ask for selfie or video.
  6. micand

    SOLO Bank Georgia

    Account opening with SOLO Bank can also be done remotely with a valid power of attorney instead of a personal visit. Since SOLO is a private bank and only deals with individuals - not companies - there is no obligation to setup a company with business substance.
  7. micand

    Which Jurisdictions most hidden & not sensitive to court orders etc.?

    You will find of that in the Cook Islands, for further details PM.
  8. micand

    Banks from Georgia - experiences and feedbacks

    https://www.offshorecorptalk.com/th...king-in-georgia-or-armenia.26588/#post-102099
  9. micand

    Cyprus company yearly running costs

    Around 140 EUR per month for bookkeeping and 1.200 EUR per year for the audit.
  10. micand

    Cheapest private banking in Georgia or Armenia?

    I have experience with Hipotekarna, Prva, Lovcen, Societe General and Zapad. All require personal visit to the bank in order to open an account. No remote opening. Hipotekarna has very poor support by phone. Emails are rarely answered and do not lead to satisfying results. Compliance is insane...
  11. micand

    Cheapest private banking in Georgia or Armenia?

    SOLO Bank requires a minimum of 1,000 EUR/USD/GBP incoming funds per month or a term deposit of 12 months with a minimum of 10,000 EUR/USD/GBP.
  12. micand

    Banks from Georgia - experiences and feedbacks

    Can recommend SOLO Bank, Bank of Georgia, TBC. No recommendation for Liberty Bank.
  13. micand

    What's the costs to setup a company in Georgia?

    950 EUR for company formation incl. Registered Office and 700 EUR for remote bank account opening. If formed in a free zone, 5,000 USD in the first year and 4,000 USD in the consecutive years as a license fee, directly payable to the freezone.
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