Not living in a tax free country like Monaco but it is not one of the big 5 and the country lacks sufficient man power/tracking capabilities to come after if the entites made are totally seperate to each other. Unless like it is making 200-1000Mn revenue then they will come after finding to...
Type of business would be diversified export, import, IT, Edu, logistics, agri, etc
Just realised US LLC may not work since have couple of US based clients as well in line to use the business once payments etc setup so their income would be considered local..
The point of the company would not be to move the revenue/profits to another entity/as dividends but hold onto all the money and reuse as necessary for more growth or into debt instruments to acquire more assets/equity all using non dom foreign income waiver with minimal yearly paperwork and no...
If they have a quarterly system then most countries require you to do calculations quarterly and submit docs quarterly(even if you are liable for tax or not), i want less work and want it to be all done at year end
This will be for a new business line, expected revenue 10K-4Mn USD per year. Type of business would be diversified export, import, IT, Edu, logistics, agri, etc Purpose is for payment collection from end customers and availing non dom tax relief.
I could but scared of uncle sam, I think they have quarterly scheme right for tax payments non dom? And lots of paperwork? There was this one person that literally opens US LLC every year and closes it after 1 year so he can avoid paperwork lol but no idea how he pulled it off getting new...
Thought maybe this country have a rule that company needs buy name registration some juridications have rule which is basically a fake way for gov to earn more money from SME's while some countries give this for free. Any idea Panama how much cost?
What is government fees for company name reservation, incorporation, and other related expenses when registering directly with the respective country authorities?
Does country have foreign income tax exemption?
Does country require yearly CIT/Annual return submissions?
Does country require...
What is costs for online incorporation there government fees for company name reservation, incorporation, and other related expenses when registering directly with the respective country authorities?
This option mentions tax refunds so let's assume all income earnt is foreign income so then does company need pay quarterly or yearly taxes and get tax refund at end quoting that foreign income clause of tax act makes that taken tax refundable?
If that would be the case it is more paperwork and...
Got feeling this would be the case what would be a good alternative to run an offshore company meeting the requirements I mentioned earlier in the thread with minimal costs? Excluding stuff like Bahamas which have very high administrative fees and tons of paperwork and hefty fines for delays in...
Gibraltar no PayPal it seems as per their website country list?
Ireland non Dom scheme it says income needs stay outside Ireland what does that mean? Like if u incorporate a company and make bank account there online and get payment gateway then all sales from foreign sources would anyways...
If you deal with USDT orders then Mica rules of EU will severely effect exchanges support for your organization
So far in the setup you mentioned what is the cost for company formation, company name registration, yearly company annual return fees, do they require annual audits, if so can you...
And mention that country tax payment schedule is one bulk payment at financial year end or is it quarterly tax payments with year end return and CIT submissions?