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If I never report to the Cypriot tax authorities that I am a director of the Belize company and never declare that the company pay dividends to me they would probably never find out. But I want a legal way to get the funds out of the company, otherwise I won't have a good sleep again. My risk...

Seems we misunderstood each other. Probably my wording "cash out" was bad. My issue is just to get the Bitcoins (legally) from the "company wallet" to my "private wallet". I am not interested in conversation to fiat.

At least until now it is even possible to trade completely without any verification, even without any withdrawal limits at Bybit for example. So let's hope the EU falls apart before they forced all exchanges to do this. Furthermore, decentralized exchanges are becoming more popular. Probably...

Thank you all very much. I think I can't sleep well if I use the Belize because maybe it will work but maybe my Bitcoins are "blacklisted" in some years and then my tax to pay is 100% or I can only spend the Bitcoins in countries nobody wants to live, but probably not even there, because nobody...

Thanks, good point and I think you are right. The purchase of a house is more or less an example. So the next question would be how hard it is to pay rent with a Belize company... with Bitcoin... smi(&% Maybe I just have to move to South America in a few years, I just assume that there isn't...

That's the point. Even if I would have an audit for the Belize company, I think there is a risk that in some years the majority of countries will just say they don't accept it. Or at least the financial institutions like banks or brokers are not allowed to accept it. Maybe on the paper, but...

Would appreciate it if you would post the details here.

Thanks for the info. I don't have audited financials for the Belize company. Is it even possible to get audited financials for a company from a country with such a reputation like Belize has? I mean, audited financials that are accepted in other countries. I assume if I want to buy real estate...

Thanks for the idea. I don't target EU. But maybe USA or Switzerland.

Yes I can buy a house with Bitcoin maybe but if the Bitcoins are property of the company, then the company has to be the buyer in the contract and not me as private person? And I think in Western countries nobody wants (or can) sell his real estate to a Belize company which pays in Bitcoin? The...

The real need to do this for me is If I want to buy a house for example, I assume it would be a lot easier to buy it with funds in my name than in the name of a Belize company? I assume it is not possible at all to buy real estate or other expensive things with a Belize company? Which law do...

Hi, I live with non dom-status in Cyprus and think about keeping my Belize company (which I use for crypto trading) until I live in a zero income tax country someday. When I live in a zero income tax country, I would transfer the Bitcoin from the company into my private property. Do you see a...

Where do you find such an expert? In my experience, most advocates, accountants, experts etc. are not worth their money and provide you with suggestions you can find/think by yourself.

https://help.ftx.com/hc/en-us/articles/360051229472-Tokenized-Stocks

Thanks again for your detailed answer. Very much appreciated! The funds don't have to enter any bank at all because I don't want to exchange Bitcoin to EUR. I trade to get more Bitcoin. But of course one day I want to buy something with those Bitcoins, and I worry that when this day comes and I...

Thanks for your answer! Would you specify the profits of the offshore company in your personal tax return? And if the Cyprus tax authorities don't care, what can I do with the profits later (if I move to another country for example)? I would have no proof of funds, wouldn't I? I would...

It is possible on ftx.com with several big stocks.

I would like to ask again because maybe you read over it, but do you know if Nominee Directors are still "accepted" by the Cyprus tax authorities. I make significant amounts of money and I think the same like you "There ain't no such thing as a free lunch" and "I learn that the cheap and easy...

Can you please elaborate what you mean with this? Places with zero income tax like Bahames or Berumda?

Do you know if this still works, especially with higher amounts of profits (several hundred thousand/year)? And do you know what the consequences are if the Cyprus tax authority checks you and decides the company is managed from Cyprus? Do you have to pay 12,5% then like a Cyprus limited or do...