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Once again, more complicated than that. Consultation fees - look at the double tax treaty between GE and country you are consulting to. Most times, would be taxable in GE, however, if performed on location in excess of a certain number of months, may become taxable in client country instead...

@andrew28fl nomad bla bla . c o m are a cesspool of misinformation. As are a lot of offshore company peddlers in general. The whole subject is complicated and thousands of experts internationally have been working hard for going on two decades to close all international taxation loopholes whilst...

@Poem I am having trouble understanding what you're not getting. Can you help me by clarifying your question?

That is true. But then, the reality of the control of this entity should reflect this too. So either get a foreign trustee director (acting solely) or get 2/3 directors (you being 3) from a jurisdiction where you do not reside (and where you do not fear tax consequences). In the latter option as...

I quote from Page 9 here https://www2.deloitte.com/content/d...o Taxation and Investment in Georgia 2016.pdf : Permanent Establishment (PE) Pursuant to the Tax Code a permanent establishment of a foreign enterprise or non-resident individual in Georgia is recognized as a defined location on the...

CFC rules cover undistributed assets of foreign low-tax companies, typically (though non necessarily) if you aren't actually running the company, or at least not running it from your country of residence. There are no CFC rules in Georgia. Notwithstanding, any company may be treated as a...

@Mousel I have a feeling you and I could go grab a mini Boffer someday (soon, before I leave the G.Duchy again), especially that I've lived in Georgia. PM me, my number on the typical messengers is here: 0bin - encrypted pastebin My general feedback is as follows: - Georgia certainly reeks...

Transinitria banks are a fascinating concept. Not much in way of any sort of recourse to anything. Talking about autonomous regions of Moldova, Gagauzia could one day turn into something interesting, let's wait and see.

I had a funny situation with Spectrocoin way, way, way back. Tried opening an account. A+ Jurisdiction Nationality and Residency. I was rudely responded by mail that my account won't be opened and I should *never* try again. Fine. I won't. I didn't like that bar anyway ;)

@entropy157 just kidding ;) couldn't help myself.

Thanks for your acknowledgement!

Mind you, I've lived in Georgia for a while. Wifey and small kiddo. We didn't like to too much and are not enticed to return, though it is an efficient and cost effective place for some activities: - Tbilissi is cold in winter and extremely stuffy in summer, suffering from pollution entrapped by...

Never would consider being a client on account of the incredible amount on untrue horsesh*t posted on his website that anyone who actually works in the industry and is not a hack would facepalm from within minutes.

VP Bank is a Liechtenstein bank. For that matter, many banks have such offerings: Bendura, LGT, Neue...

The prices seem to be in line with what I recall. A residence permit in Georgia is a piece of cake, also because you don't technically need one (can stay and work 365 days just by virtue of crossing the border). Good luck.

Well, they consult you. They setup the company for you. They give you the license and they lease you the space. And they don't do it as middlemen. There is a setup fee (2k$ I think), co registration fee and yearly license fees. They're the same whether you have them help you or go though an...

Yes, but what about it? And what do you mean by "route"? As in this is a business that they become engaged in or they use these funds for some structuring purposes?

I wouldn't trust what advisors say. Contact the TFZ directly. They have a most lovely COO named Julie that is very pro-active and goes to lengths to accommodate client's/potential client's needs.

It's clear that the offshore entity won't have a Permanent Establishment in Germany. However, given that John is still a German taxpayer in the German tax authority's eyes, given that John's new company is in a low-tax jurisdiction, the company will be considered a CFC and John would have to pay...

Edit: @Jerry1911 Yes, sorry, I use EPI EMI interchangeably.