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So, what are the current Tax implication of living in Thailand under the DTV or LTR visa? Considering these visas are for freelancers that work for foreign companies... Does Thailand expect these people to pay income tax in Thailand?

Thanks. What about all other EU countries in the map above? What about those ones in gray such as Hungary and Romania? I don't find any info online other than vague responses from forums. Not my interest to move to Germany anyway :D

Do you have any official references for that? that link isn't directed to any specific country. The sources I read from clearly say only some countries tax some types of income, while others tax the whole thing for foreign companies.

It literally says Switzerland does not have CFC rules. The Germans may tax my dividends on a personal level but what about corporate profit tax? That's what I'm talking about. It says only passive income is taxed. Not active income (e.g: sale of products and services).

So from what I read here, some countries tax all foreign companies, some countries only tax the passive income portion, and others artificial set ups. What does it even mean? Does it mean that if you manage an offshore company from the Netherlands or Germany, as the director of the company, you...

The offshore company already has a nominee director. He's not a shareholder though. Does it work the same? I need a realistic answer, not a pessimistic one :D

Sounds promising. Can you send me a PM?

Yes in 10-15 years, by then AI will have wiped out most online businesses. The time is now. Make money now, because in 10-15 years times will be very very very tough for everyone.

When you run a successful business, 2 hours of your time means a lot. . .

That is a problem. It is not seen very well from payment processors, and some banks, they want a real director (not a company) when you set up an account with them. Is there a way to simply "charge" the main company a fee to transfer the funds into the secondary (tax free) company and keep them...

Is there any company (between the ones listed below) that allow the company to be used to charge clients for services/goods, and then transfer the funds tax free into a foreign company: (e.g: UAE company) without going into illegal tax evasion areas? For example: - Irish company used to set up...

How can someone live 185 days out of the year in Gibraltar or Andorra? I think I'd shoot myself in a leg.

I am aware under this law you don't get taxed at all if you receive foreign income. However the questions remains the same, would it be trouble if you settle in Spain, manage an offshore company of which you are the only director, and get paid in Salary/Dividends while in Spain? In terms of...

Can anyone confirm if this is true? Thai Visa holders for the below Visas are exempt from income tax when earned foreign income. Is there any other way to avoid income tax while living in Thailand? (foreign sourced income) Last edited: Sep 10, 2024

Tax Evasion? Don't make me laugh HMRC. People pay 30% in corporate tax and 40% in income Tax + VAT and they call us thieves, when the Government is the real and only thief here.

Damn. Atrocious standards of living combined with high taxes and low corruption, these societies are becoming hell on earth for the average wealthy man.

Let's say you moved to Hungary, or Romania or similar country, with an American passport. You set up your life there to live full time, you pay income taxes, and manage your offshore company from there (online services). Let's say one day the local tax office says you have to pay more tax and...

bulls**t. Wise closed our account 2 years ago over " too many transactions" and purchases. and Kept our funds for 3 months without possibility of appealing. We are talking about hundreds of thousands of business money on hold, the business was interrupted and ton of money lost due to them...

What does "withdraw" mean.... is withdrawing profits from the company into an investment vehicle such as crypto, gold or stocks, considered a "withdrawal" of the profits?

How does the Salary taxed only at 0,5% to 4,5% work in Estonia? are you talking about corporate tax here or personal income tax? There is no substance in the UAE, this is a 1 man company, I would live in Estonia 7 to 9 months a year, basically full time.