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  1. U

    Cyprus company 0% tax on foreign income question?

    I just read them but they seem to refer to the old system. Things have changed apparently, 17 % tax on dividends for both resident companies and resident individuals : Dividend Tax in Cyprus
  2. U

    Social Insurance in Cyprus (Hidden Cost?)

    Cyprus taxes (individual) residents on worldwide income - salaries fall under income tax, dividends fall under SDC (17 %). According to Tepesch in 2019 there was 0 % tax on dividends, so no application of SDC. Is this still valid in 2020 please ? According to Deloitte, the 0 % tax on dividends...
  3. U

    Cyprus company 0% tax on foreign income question?

    hello Loizos, let us suppose you are a tax resident of cyprus, living in cyprus anywhere between 2 and 6 months per year, and having an offshore company that pays you dividends. Now that is the part that is unclear to me : are these dividends, received from your offshore company, taxed (the 17...
  4. U

    What's the costs to setup a company in Georgia?

    just to make sure : do you mean about 1000 euro per year for accounting + virtual office (+ if needed parcels) ?
  5. U

    Looking for best way to receive money

    EPB ? seriously ? why is that please ? or we're in the wrong business :)
  6. U

    Best jurisdictions for free speech?

    Here are some things to take into account : 1) there recently has been a ruling by the European Court of Human Rights that qualifies every blog, every article that touches a "subject relevant for society" under "freedom of press". Meaning : civil journalism (even mom at home writing an article...
  7. U

    Residency in Georgia by investment!

    Some really have a great sense of humor :) ; besides the interesting "real life" experiences, it's nice to have a laugh as well in the sometimes endlessly confusing seeming puzzle of the optimal live-work balance ...
  8. U

    Wyoming LLC - What solution for bank and paypal to avoid reporting to my local authorities?

    I was told that paypal doesn't care much as long as montlhly amounts coming in at paypal / being transfered to a personal bank account do not exceed 9999 euro per month, as everything about 10.000 euro per month is reported. Is this information not correct ?
  9. U

    Newbie, wondering about Nevis LLC foundation

    Tevalerie, are you sure about that ? Because Nevis doesn't have a territorial tax system (yet). Interesting question indeed : is an LLC foundation taxed like an LLC or not ?? I did read that foundations could choose to have tax domicile in Nevis and pay 1 % tax (for Nevis source income only...
  10. U

    Internet speed : which countries to avoid / are recommended in South / central america and Asia ?

    I did check the ranking, and this is where I don't agree. Eg France : scores top 10 but ... in many places in the country side there is no internet ... only through sattelite ...
  11. U

    Internet speed : which countries to avoid / are recommended in South / central america and Asia ?

    this is helpful, thank you ! my business is entirely online, so I must be able to check messages and reply every day, upload video's, etc. so no "quiet place in the country side away from the city" and good internet possible then ? damn ... I wanted to get out of city life ...
  12. U

    Affordable short-term accommodation abroad, for tax residency

    300 a month is not that bad ... that's 3600 euro a year ... (not including costs I suppose ?)
  13. U

    Georgian Residence Permit via Business

    the internet speed and water is reassuring so far :-) thank you for that ! I agree that accountants and lawyers have contracting versions of what the "law" says ... and if you ask a Georgian government body, they reply in ... Georgian ! I asked if you could import your car. They replied that...
  14. U

    Is Belize Caye International Bank back in business ?

    Hello to all, A couple of months ago, I put in a request with Caye International to open an account for either a Nevis LLC or Nevis foundation. I got a reply that it was not possible. At the same time, I read on this forum that they were closing accounts and were no longer able to send wires -...
  15. U

    Georgian Residence Permit via Business

    Something is not so clear for me. What I understood is this : 1) you can create a virtual IT zone company - this is basically an LLC with a special name (and the 0 % tax for income generated abroad) 2) you can combine a virtual IT zone (5 % dividend tax) and sole proprietorship eg for a non-IT...
  16. U

    Affordable short-term accommodation abroad, for tax residency

    do you mean : owners of a Cyprus company who are also tax resident in cyprus can get dividends out of their company tax free ?
  17. U

    Affordable short-term accommodation abroad, for tax residency

    Affordable long term (1 to 6 month) rental seems like a gap in the market, especially for starters who want to explore certain countries for a couple of months to see if they would actually enjoy living there long term or make a country their tax residency. Perhaps we should start renting out...
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    Internet speed : which countries to avoid / are recommended in South / central america and Asia ?

    You'll find statistics on the internet on internet speed in certain countries, but I find the information not accurate (eg : France ranks very high, but in some parts of the country there isn't even ADSL, you need to use (very slow) satellite ; same goes for Portugal, Italy, ; St Kitts & Nevis ...
  19. U

    EU bank for Nevis company

    no, I mean the opposite. I don't mind paying some taxes and I don't want to use the "social infrastructure". This is my entire point. I had to go to private clinics and practitioners (and pay out of my pocket and had to sell one of my houses to pay for medical care and household help) and could...
  20. U

    EU bank for Nevis company

    thank you Gediminas. There is a lot of work to be done ... it's a whole puzzle to figure out. Why can't they just leave people alone, tax only the company and be done with it. If people don't ask for "social security" (which does not exist) they should not pay for it. I prefer saving and paying...

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