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Electronic Money Institutions, as most neo-"banks" and payment service providers that are allowed to open transactional accounts, but are not strictly banks.

Mauritius - no CGT even if remitted IF the securities are held for >6 Mo, so no HFT or even close. As for Dividends: no tax if NOT SOURCED from MU AND not remitted... And if not held in CFC...

With all due respect, I would take everything from the "Nomad Capitalist" with a grain of salt. Nay, rather a bucket of salt. A lot of what that bloke says in so utterly impregnated with horse sh*t that at this stage, I cannot take anything he(they) say(s) seriously.

I would pick the Bahamas or the Cayman Islands over UAE any day of the week. Its not particularly nice living in a country where the locals consider you sub-human and where standards of equality and rule of law are very relative. I totally agree with @Golden Fleece that Monaco is so, so, so, so...

It was a really awkward situation. Shitty service providers are at the core. For a very long while they were pedalling perfectly illegal "solutions" that were simple and cheap and clients ate them up like cookies. There was hardly any incentive for the Service Providers to strive to be legal...

Luxembourg has no CGT on securities. Active trading is considered income, not CGT, so it is taxed at the full rate.

Though not exactly a jurisdiction to itself, I hear Tbilissi Free Zone is both inexpensive in terms of energy costs and tax free. And Georgia isn't a particularly shady jurisdiction.

Dunno. Having a few years of Private Banking (also in a somewhat offshore-friendly Liechtenstein bank) behind my back, I can tell you that: - 7 figures is yawn - A lot of private banks won't consider US clients until the 8 figure mark - No bank that I know of would onboard a Marshall Islands...

A suprisingly uninspiring text for FP

Typically, no. Such a company would usually not be subject to licensing unless it provides asset management or investment advice to third parties or solicits external investments.

I can't talk for UAE and Singapore, but I'll give you a present if you can introduce me to ANY real bank in LU or MC that would open an account for a Marshall Islands structure. I just don't believe it.

For the company itself - Generally fiduciaries and Trust Company Managers or licensed Company Management Businesses will do. A local lawyer would likely do too, but depending on the jurisdiction he may or may not have the flexibility to actually run the company. We're not talking about nominees...

Cyprus Non-Dom living + Professionally Managed SPF in LU (or similar investment tax neutral entity in EU) Cyprus Non-Dom living+ Professionally Managed UAE trading entity Territorial Taxation living + Professionally managed Cyprus as mentioned earlier (domiciled) Territorial Taxation living +...

Luxembourg has CGT exemptions, with very clear timeframes for what time you have to keep the security for it to be considered CGT. There is nothing arbitrary here. Long term investing helps everyone. Active stock trading only helps the trader. I don't see why you say it doesn't work - I gave...

In the setup you mentioned, you will not have a company subject to Cyprus tax law. Your company will be subject to Malaysian tax law. Keeping & holding securities is tax exempt. Active trading is considered income (see Tax Matters ”“ Retail investors in shares, are your gains taxable? ). The...

You're free to have your own opinion, but for the sake of other members in this forum, I'd like to point out that your setup is not particularly useful. You could use any "offshore" company (Cyprus or not) and all will have the same effect on your personal taxation - none at all. - If your...

Doubtful. It only works if the business really, really, really doesn't have a PE in Malaysia.

Your Cyprus Co will be a Malaysian PE and you will need to submit a second set of accounts in Malaysia and pay tax there. https://taxsummaries.pwc.com/malays...der a tax treaty,wholly or partly carried on. Permanent establishment (PE) Under the tax treaties Malaysia has with its treaty...

That's complicated. - CFC rules may result in a "tax-optimized" company to essentially be redundant. - A bunch of factors may come into play when determening where the effective management of the company is: where did client meetings take place, did you propose a price to the client, who...

Correct me , If I left any country. Once again, Anguilla, no?