Search results

  1. J

    Where to form an International Trading Company?

    I am a new immigrant to Israel and there is a 10 year exemption related to, control and management of foreign entities, and foreign produced passive income such as dividends, rental income, etc. Since starting this thread I have engaged the services of an Israeli tax attorney who is in the...
  2. J

    Sticking to Transferwise as EMI, what about the incorporation country?

    I sell to China. People I have told me that countries like Seychelles are no good because banks in China suspect that Chinese people are sending themselves money out of China as part of a tax evasion scheme. All this is hearsay so it can be completely wrong.
  3. J

    Offshore Company + TransferWise

    If you answer all the questions can you use or is it impossible? I hear that the big problem is proving the company sending the money is not owned by the company receiving the money and that is a big issue for most 0% jurisdictions.
  4. J

    Anyone using Transferwise with a 0% tax company like Belize, Panama?

    Which country do you recommend to incorporate in to get TransferWise USD details? What kind of questions do they ask? Invoice copies? Is it something a legitimate business can comply with or is it an endless moving goal post?
  5. J

    New incorporation in Singapore

    I am open to somewhere else but I am told most other jurisdiction will have banking compliance issues.
  6. J

    Where to form an International Trading Company?

    here = on offshore corp talk forums.
  7. J

    Sticking to Transferwise as EMI, what about the incorporation country?

    Which alternative would not provide banking compliance issues? The problem with most 0% jurisdictions is that there is too much privacy and my customer's banks will always be suspicious that my company is really owned by the customer and is part of a tax evasion scheme by the customer.
  8. J

    New incorporation in Singapore

    HK does not provide an automatic exemption from offshore taxation. You need to apply for it every year and apparently it is very expensive. My tax attorney is in the process of restructuring my business activities so I operate as a consultant. I need to be able to get US banking details and...
  9. J

    Where to form an International Trading Company?

    My tax attorney is advising Singapore. But I am not sure how well he understands taxation in Singapore. I am sceptical because it isn't a popular choice here.
  10. J

    New incorporation in Singapore

    I found another interesting provider: osome. About the same price as sleek.
  11. J

    New incorporation in Singapore

    sleek.sg seems very nice. they have a dashboard and a lot of integrations. 1500 for nominee director. 800 for secretary. 300 for address.
  12. J

    Is Singapore a good option?

    What do you mean? It is only dividends paid from an offshore bank to the shareholder?
  13. J

    New incorporation in Singapore

    Would also like to know why not Singapore? Is it purely for cost reasons?
  14. J

    Is Singapore a good option?

    Source: Taxable and Non-taxable Income - IRAS Singapore + offshore bank/EMI seems like a good option if you don't mind the cost of accounting and director services in Singapore. In practice, has anyone had issues with claiming foreign sourced offshore income in Singapore?
  15. J

    Sticking to Transferwise as EMI, what about the incorporation country?

    A Singaporean's foreign sourced income that is sent to a Singaporean bank account is taxed on said income. The tax exemption only applies if the money is not remitted to Singapore and instead is paid directly to the foreign shareholders as a dividend. Correct me if I am wrong? Source: FAQs on...
  16. J

    Sticking to Transferwise as EMI, what about the incorporation country?

    Is where the bank account is located is an issue for Singaporean companies?
  17. J

    Anyone using Transferwise with a 0% tax company like Belize, Panama?

    Has anyone had any issues receiving money using TransferWise with an offshore company? As far as I understand sending bank sees this as a payment to TransferWise and not the offshore company. Therefore there should be no difference in what country the company is formed in if you are using...
  18. J

    Sticking to Transferwise as EMI, what about the incorporation country?

    Will an account with TransferWise make the income considered made in the UK?
  19. J

    Offshore Company + TransferWise

    https://www.offshorecorptalk.com/th...ith-a-0-tax-company-like-belize-panama.24565/ What do I win for answering my own question?
  20. J

    Offshore Company + TransferWise

    Does anyone have TransferWise with an offshore company? Was the on boarding process for an offshore company difficult?

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

Forums

User Menu

Login
Community platform by JohnnyDoe © 2025 JohnnyDoe
  • Width
  • Queries
    8
  • Time
    0.5073s
  • Memory
    14.07MB
Top Bottom