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I have asked a french attorney to tell me what was the VAT law for an Italian company that would sell Ebooks to French citizens through the Internet. She told me that up to 35000 euros there is no VAT to charge. Then, if on a particular day, i sell more than 35000 euros (Tax excluded) of goods...

Good question, it is tricky... Just let me explain, i didn't understand why the European countries didn't blacklisted Gibraltar as tax havens. Now i know If you have a bank in Gibraltar or somewhere it is the same because in Gibraltar you have to report your balance sheet every year. On your...

For your information, it looks like Gibraltar has accepted to translate in their Law the EU directive 2011/16 This means for now, upon request, the gibraltar authorities may disclose information about a gibraltar company owner who has received dividends to any European country. Then, there is...

Hi, I have just discovered there is a 10% withholding tax on dividends to non Latvian residents for those who have a company in Latvia. If there is no double treaty agreement, the total percentage is 15% corporate tax + 10% withholding tax. If there is a DTA if you live in Italy for instance...

Nevertheless, the UK wanted to create a black list of tax havens to prevent that. It was just before the Brexit, now they stopped talking about tax havens. I know exactly what they want to do. If they create a black list, then you can use a Seychelles company to invoice programming by a ghost...

If you have software, it means you have intangible assets. You should get familiar with Royalties. Create a Seychelles company with a nominee directory and shareholder, have your software licenses, trademarks and codes owned by the seychelles company and bill the UK company for the right of...

For your information, i have checked in the French law and it is the same in the 28 countries. They say a company has to sell 35,000 euros per year before registering for VAT. Let me tell you why it is important. They don't make any difference between a French / Europe / World companies.

New regulations on exchange of tax information EU Directive on administrative cooperation The European Union Council adopted on 9.12.2014 a new Directive 2014/107/EU amending the Directive 2011/16/EU regarding mandatory automatic exchange of information in the eld of taxation (so called...

Gibraltar citizens wanted to stay in Europe. In fact, Gibraltar gets all the investments from European companies and people. They are scared to lose the single market. Gibraltar people want to stay in European Union. So, They will have no choice than becoming an independent republic and split up...

here are some points: ”˜We will see the Spanish flag on Gibraltar soon', Spain threatens to take over post-Brexit Gibraltar seeks to hang onto EU benefits in UK Brexit deal I have lived in Spain so i know the issue very well. Spain have blocked already the border of Gibraltar. If they take...

Gibraltar is in the European Union thanks to his legal tie with the UK. when the UK will leave EU, Gibraltar will leave EU with it. So, there is lots of uncertainty from this point of view.

I have tried a registered agent from the UAE and it was a scam. It was Sfm offshore. I contacted the investment board of Dubai and while they mentioned they looked after financial issues they told me to contact the Police. I had to report in arabic and i gave up. I think that for you it would...

You mean you need a license for a Financial institution? Belize the cheapest but problem to get payment processor Gibraltar good for forex regulation but may change when UK will leave Europe article 51 Bulgaria unknown but good local forex regulation and good banks like Raiffeisen and société...

I have seen an article some times ago comparing Gibraltar and Cyprus. It is stupid because a Gibraltar company even with a Gibraltar bank will never be accepted at all online merchant accounts. If a company is incorporated in Gibraltar, the paypal account requires a debit card issued from...

Laurent Timmermans added an information about Hong Kong tax authority: Even worse now... the tax department made a talk at the HK institute of CPA's (HKICPA) to discourage them to file offshore tax claim due to international tax agreements and automatic exchange of information. So, it means...

This apply for all companies in Cyprus whatever their turnover.

It means that in tax planning, it is better when a business bank account beneficial owner is a nominee shareholder or an individual shareholder rather than when a business bank account is owned by a company.

Since you ask.... Let's imagine you are an Italian and you incorporate a Delaware company. If you open a business bank account for your delaware company in a bank that is Fatca compliant, they will report the balance of this business bank account to the IRS. Then, wherever you live in the...

El salvador has not signed any data exchange for now. Then, about FATCA: Non-FATCA Banks in El Salvador

I don't think it is a good idea. Tax authorities like stable tax reporting from one year to another. In 2029, the HMRC in UK (tax authority of UK) will see there a 12,8 millions hole and they will start investigate. It would be better to use Seychelles & Belize companies behind a Cyprus company...