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in order to "transfer profits" you have to declare them as dividends, meaning you will have to pay those 12.5% in Cyprus. you can not just shift money from one company to another. In this case UAE company will be some sort of a "holding company", and if you meet the required criteria you will...

what countries would be a good option to run the us llc from? can you list them please???

where does it say that you will become mainland company if you use the small business relief? freezone companies can use it, if they are not qualifying person (at least in my understanding, i wrote about this few pages back) i didn't find anything in official documents that says if you use this...

did anyone notice that excluded activity is does this mean if you have clients that are natural persons, or they pay you from their personal account it is considered excluded activity? so pretty much B2C can't be taxed with 0% tax?

even if he moves to "faraway island" and makes invoices just for the purpose of shrinking taxable income in eu country, it's still forbidden under BEPS since both companies would be owned by same person, transfer pricing might be needed (depending on transaction types between two companies) the...

the official web site says this meaning the affected financial years are the ones that start after 1st June 2023 i am not sure, but in my understanding if the chosen financial year is 31st May to 31st May, then maybe first financial year and first tax period will be 31st May 2024 to 31st May...

keep us posted very interesting (not that i need the info, but it's fun to read about it)

the production part is not that interesting as the last part referring to the "army of buyers" having so many accounts(working on the same goal) without being noticed is impressive, or we are missing a part of the story

how do you determine it? do you have to send that resolution somehwere? isn't default financial year start Jan-Dec

@A1988 what structure did you end up choosing? will it be cyprus holding, and malta operating company? will you be using bank account in malta for the malta company(clients will pay you there)? in one other post of your you mentioned this: can you explain me the part that money realised is...

i still don't follow what did he spend ¥140K on? how did he create fake traffic (purchases)? who was buying on his behalf? how many accounts he had to have?

you can see what qualifying freezone person is on https://tax.gov.ae/en/taxes/corporate.tax/corporate.tax.topics/free.zone.persons.aspx so if the freezone person is not qualifying free zone person then it should be able to get small business relief, is this correct or wrong?

why do we think the small business relief can't be used for a freezone with non qualifying income? source: https://mof.gov.ae/ministry-of-fina...l-business-relief-for-corporate-tax-purposes/

if you are non-dom there is no income tax on dividend and interest @CyprusLawyer101 can confirm this

according to https://virtualzonegeorgia.com they say is this true? why would you have UAE holding owning georgia company to avoid 5%? how is that possible? is there something in DTT agreement? the same web site says this

i am kind of lost here so if you report to monaco authorities that you have some offshore company that you manage (do business through) does it get taxed or not?

you think Monaco will not care if you run your company registered in BVI, Seychelles or some other tax heaven? did you try sending your self dividend to monaco bank account from one of companies like that?

you pay corporate tax on profits when you send profits to your personal account it becomes a dividend don't you pay some tax on a dividend as a Switzerland's resident? did you sign a lump sum tax agreement with canton maybe, that covers that?

did you have to go there physically?

does this mean they offer debit card in usd? meaning it is connected to usd account please help me understand