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According to wikipedia, Mauritius started CSR reporting in 2018. Does that mean that in 2018 they reported for the year 2017? Or does it mean that only 2018 balances were reported? Do they also report bank account owners with $0 balance?

What is low value account and where are active businesses reported?

update: they accepted the form. my company is categorized as active now. thanks a ton guys.

Thanks for the help. I PMed you. I sent them the form. Lets see what happens.

Ok then I will tick no to all. Here is the form from hellenic. I would appreciate all help I can get (maybe I did more mistakes in the form?). I also don't know what to tick on page 2, #8. I haven't completed anything beyond page 4. Today is the last day for this. I do have an accountant for my...

Good info challenge. Thanks a lot man. Guys I only have till tomorrow to fill out the form. Please do reply now if you have any info for me. What do I tick for these: A corporation the stock of which is regularly traded on one or more established securities markets? Yes/No A corporation that...

In the meantime I talkedto the banker. They said my company was not reported in the past years because the balance was always under 250k. However for 2018 they have to declare all companies that are considered passive. They said my company is categorized as passive in their records. I have the...

So if my company was active, with balance way below 250k, do I even have to worry?

Any active company is one that make at least one transaction per year right? Only companies with a balance of more the €250.000 are reported right?

I could still declare the money this month (it's the deadline this month). Do you think it's a good idea to declare it as income (not dividends) and pay income tax for the amount? Sounds silly I know, but income tax has been lowered over the years in my country and I would be 100% ok, paying...

First of all thank you Martin for taking the time to reply. 1. No it is not. 2. They sent the form to my home address by post. What is the best thing I can do in this situation? Should I worry?

Hello. My bank from Cyprus sent me two forms today: Form to identify if I am a reportable person for purposes of CRS Form for tax residency declaration This seems like a serious thing and I do not want to make mistakes. Can anybody tell me how I have to complete this form? What I should...

Well it would cost a lot to close it. Around 2000 eur. I could pay that but I am not sure if it's worth it.

My offshore company will expire soon. I will not renew it. I do have a nominee director and the company is in the Seychelles. Is there anything I have to do? i.e have the director sign any papers? For example my resignation as shareholder or anything similar? Or I simply don't pay for renewal...

Unfortunately there isn't.

Lets say I don't want to move money directly from A to B. I want to move it from A to middleman to B. How can I do this? Where can I find a trusted middleman?

The only issue I see in this is: "Offshore company buys some goods for a lot of money, then it closes next month" . isn't this a bit weird? I mean if someone was ever to check my offshore company, they will know what's up. Also that big amount I receive onshore may be a red flag if somebody...

I could do it with MT now but I would have to send a big amount at once. I am still thinking about sending all to either MT and then buy crypto or send it home and invoice. Most people said not to trust MT with this amount of money. I see some risks with sending it home so I am still not 100%...

Some of you probably know my situation (bank account frozen - I have to send all money to another account). I am thinking about sending all of the money onshore and create an invoice for services or goods. How safe is this? What should I take into consideration to do this the right way? I will...

After reading all comments, talking to a few of my contacts and talking to a tax advisor it seems I have these option left: 1) Declare the money and pay dividend tax. (recommended by my tax advisor - I am afraid of getting on some blacklist if I do this. Also I don't know what to do with the...