Search results

https://taxation-customs.ec.europa....entities-tax-purposes-within-eu-2021-12-22_enhttps://taxation-customs.ec.europa.eu/taxation-1/unshell_en @Martin Everson , I assume this would be the actual issue, you were warning about? Not sure why it is called abuse, when the current legislation is...

Bingo :)

So if a dividend is received by a natural person in a low tax jurisdiction (not taxed on foreign income) from the Estonian holding company, it should be taxed 7%? Let me rephrase: So if a dividend is received by a natural person in a low tax jurisdiction (not taxed on foreign income) from the...

"All legal documents and company-related paperwork should remain in the Cyprus office or be accessible in the office at any time if they are uploaded to cloud data systems." - wohoo...back to the eighties...:) So, if there is a laptop in the office that is always connected to the Dropbox...

Not sure about the PE, since corporate tax is paid in the established country where the subsidiary resides, so there would be no sourcing of any work to the Estonian parent, it would be a "true" holding company. But I will of course check all this with a legal team thu&¤#

"That's of course assuming that you actually live in a tax-free country without tax treaties. If you really live in a high-tax country, then this wouldn't work. But then most likely your original plan wouldn't work either as your holding company would likely be taxable in that country under...

I wasn't targetting you specifically :) If anyone here offers professional guidance on the the topic (or can recommend someone), please pm me.

Ok, thank you. Any recommendations on who can help with an initial discussion regarding Estonia holding company creation? Or Cyprus? Or Malta?

Does that mean local office and local director? Or has it become more complicated for recent years?

So, to conclude 3 options would apply in my case, as most feasible: 1) Estonia 2) Cyprus 3) Malta And choosing one would depend on the tax residency country of mine and how DTA would be treated. How do the above countries differ in "yearly maintenance costs" when it comes to costs? Eg. which...

1) "I do not recommend holding company in Estonia, Latvia or Lithuania. These countries do not have stable political / tax systems" - are there any historic/recent or current ongoing issues that makes you say the are not stable? Trying to understand the situation. 2) Since Lichtenstein...

Hi, My question: I am looking to incorporate a holding company in either Lithuania, Estonia or Latvia, but would like to discuss which options would be best of these three. My requirement: dividends not taxed (eg. no WTH taxes) when paid out to a none EU resident. I am a EU citizen. I am NOT a...

Just a side note, you don't really need to pay to have it dissolved? If you do nothing, it will be dissolved over time, right?

I have used both Wise and Revolut for a while now. Actually switched over to Revolut since Wise was not able to deliver the currency accounts I need (with currency speficif iban/bic). Wise is easy to get an account, but once in a while they will "bother you" with documentation. Nothing to worry...

"if I can have something better and not reporting" - in my case I have no problems with the reporting, it's the other way around, the Swedish banks that have that problem...:-)

Hi, just wanted to confirm that it works perfectly to receive SEK using a Revolut business account (should be same for personal I assume, but you need to be an EU-citizen or resident, not sure). Revolut is a little cumbersome to get things going (but very, very helpful, you will get all the...

Hi, What are the rules regarding dividends between companies within a group (eg, parent/subsidiary) now after Brexit, when it comes to Jersey, Isle of Man and even Gibraltar? Is it still possible to send dividend from your EU-company to any holding company on those islands, without any...

Correct, you need to be EU-citizen for an EU-company. On the other hand, you need to have a specific setup for a Swedish board of the corporation, so you still would have someone that is at least an EU-citizen to be on the board, and that person would be able to open the account with Revolut.

@Martin Everson Thank you, will soon be able to verify if it works...

Talked to them, same thing as with Wise, you would need to use a specific reference/message since they use third party for the SWIFT.