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Its actually true... : https://www.washingtonpost.com/worl...701764-2e01-11e9-ac6c-14eea99d5e24_story.htmlhttps://www.nbcnews.com/news/world/hungary-axes-income-tax-women-4-or-more-kids-n969936 What are you waitng for, start chasing the ladies.... ...

2 remarks : a. Guys, are you crazy??? Seychelles are going to get reports of the CRS and the bank account balances of the company will be declared and submitted to the Seychelles tax authorities. b. BUT if you dont have income deriving from Seychelles itself - you should be off the hook ...

And also if you can give some example of good VOIP for USA line I will appreciate...

Do they need a board resolution for opening the account? Which of the documets they need in original and for which copy is enough? (proof of your business address, Articles of Incorporation, Operating Agreement, and letter of good standing). Also, a mobile line wont be good enough (they type you...

Hello Can anyone update if bank of Georgia is considered to be a solid bank these day? Will you bank with them with large amounts (6 digits in USD)? They offer also high interest in their local currency, and the exchange rate compared to the USD is the highest ever now, so maybe it is a good...

The Marshall Islands passed a low on Economic substance. For all the rest - you need to ask a professional.

If your company is inactive, I think the economic substance law is irrelevant (but you need to check the law). I would advise to dump the Marshall Islands company and get a good (paid) consultant.

For Marshall Islands - they have introduced a new law for Economic Substance. If you will not have staff, Headoffice etc. there they can fine you (50K$ or 100K$): http://csj.hkics.org.hk/site/2019/0...ayman-islands-and-the-british-virgin-islands/ This applies also on MANY other tax-haven...

I hear you and the only thing I can add to my previous comment it that experience is the best teacher in life. If it was only 1 case I would agree with you, but 4 different cases (all legit) in the last 6 months showed me the trend. Don't get me wrong - I'm not coming from a place to...

I wouldn't be in such a hurry to be happy. I have heard from colleagues of mine that they had accounts in both banks for offshore companies. Basically what these bank are doing is a trap. They will accept your money for couple of months and then tell you they have restrictions from their...

Where did you get this information from??? See here (this is what I could find) " https://www.companyformationseychelles.com/taxation-in-seychelles I cant say I rely on them (its not a legal opinion) but they speak abut the VAT and 33% Corporate tax and it seems both are exempted for IBC's.

That's well understood but part of taking a local consultant and not filling it yourself is also in for cases of future developments and changes in regulations. all of us will highly appreciate if you can give a recommendation on couple of such service providers (CPA firms or accountants) for...

Hi Can you recommend on a good and reliable local accountant that can assist in filing these returns (5472 + 1120 Forms) and understand the status of a foreigner holding an LLC (that it is a disregarded entity without any tax liability in the USA)? I tried to check with few, but they either...

And in case someone needs a list of the DTA's : https://mof.ge/en/5128

Hi About this : "Keep your Active NFE status by fulfilling the classification requirements and avoid condition-less 0% corporate income tax jurisdictions " Which jurisdictions you would suggest? If you can give a couple it would be great....

Where can you EASILY open a bank account for a canadian LP? I think this is the bigget issue. Which banks in which countries are easy to open a bank account for Canadian LP? Also, can you recommend on who can assist to open the Canadian LP +bank account? I checked online but couldnt find...

So Flroida LLC seems the best for me as it looks. To clarify - in case the LLC is going to get income from abroad (meaning not from the USA) for cunsultancy that was done from outside the USA (meaning - no relation to the USA whatsoever - of me as I'm not a US citizen or US resident, of the...

Well understood! What would you say about incorporating LLC in the state of Florida. I understood that there is no personal income tax there (which kind of give you a future assurance if things change). It is also ranked high here ...

Much appreciated! So, LLC it is. Couple of clarifications, if I may ask : 1. If the business is anyway not paying taxes in the US, what difference does it make if it is a 500k, 100k or 1M (regarding you last comment). Pricy is pricy, isn't it? 2. What are the annual filing/returns requirements...

Yep, No US, nor EU. Same country bank account is not a must. It just that the account will be reported to anyone even if it will considered as Passive NFE.