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"Everyone must pay their share. There can be no place for aggressive tax planning in a Europe of solidarity and fairness." Yep. Solidarity and fairness. Run away fast when you hear these words.

I'd say the conservative mountain states in USA and the Balkans (or perhaps Poland / Hungary) in Europe

After seeing what is happening in France, I really can't say anything for sure anymore. All I know is that almost everything here is open, most places don't require masks (except hospitals, government buildings or big stores) and BG has the lowest vaccination count in EU (only country with less...

What I meant is that joining the EU and becoming a big brother socialist cultural marksist state doesnt happen overnight. Bulgaria and Romania joined EU 14 years ago and are still not there yet

How did you come to that conclusion about "the good times"?

For now I can say Bulgaria is such a place. It is on the borderline of the "West" with enough stability (no war has been fought over the territory in a 100 years), low crime, no cultural marksist BS yet (yes, you CAN say the N word and you can hit on a girl on a bus stop and nothing bad is gonna...

Most of the people under 40 have a basic english level. It is mandatory since 1st grade and a lot of parents send their kids to private lessons too. So you will be able to ask for "bread" or "bank" or "where is the police station" or strike a simple conversation if you don't mind bad grammer...

Due to all the replies I received about "being wrong" I sent an inquiry to the legal / accounting firm I use as an offshore advisor and mediator to confirm the thesis and update my knowledge. I am quoting: "At the moment there isnt a procedure in the bulgarian tax law according to which the UAE...

That may be true for your country, I am not denying it :) Not sure what exactly I am wrong about though?

You create the company that doesn't have anything to do with the country and they literally don't care how much or if corporate income tax is paid. As it should be. It's the business of the government of the jurisdiction of the incorporation. You pay your 5% dividend tax up to the 0.01$ and it's...

Yes, of course. The risk always exists. But you should always try to manage it and think about the pros and cons. Stupid example - I will save 100K on taxes and the maximum amount I will owe IF the court doesn't accept my lawyers' interpretation of the law is 150K. Hence I will risk it (please...

Here is a continuation of the "australian" issue that we have used as an example - Home is where the 'central management and control' is: Upcoming changes to the corporate residency test | Cornwalls Furthermore - Deloitte | tax@hand - "On 6 October 2020, as part of the Federal Budget 2020-21...

An example was given with Australia. But check this from the page - "However, the government has proposed amendments to the existing legislation to clarify the position so that a foreign incorporated company only will be treated as an Australian tax resident if it has a ”˜significant economic...

Guys, I probably did not communicate properly the issue. The examples you are giving have a lot to do with territorial factors. Hairdressers, pizza shops etc - they work locally, their business is conducted locally, they at least have to rent the real estate and work only with local customers...

And how is it legally justified to pay corporate tax in 2 jurisdictions with the 2nd one being a random country the company doesn't have anything to do with despite the owner? I seriously doubt this is the case and if it is, then thats one seriouslly messed up system. It essentially obliterates...

Honestly this sounds so weird and draconian to me that I don't even know where to begin. I have consulted with top local lawyers (one of them was the head of the tax authorities legal department) and accountants before opening the UAE company and none of them even mentioned such a possibility...

Wait, so in Georgia effectively a person can't own a foreign company? If you own a USA LLC or C corp registered in Nevada and sell furniture from a USA warehouse to USA consumers then Georgia will tell Uncle Sam that "hey, by the way, these profits the company is making actually belong to us...

Why would he need to physically relocate to UAE to not charge VAT if his company is not located in Norway? First, as far as I know VAT is about where the end customer is, less about where the seller is and even less about where the owner of the seller company is. Second, how would the "company"...

I find a confusing trend lately in the forum - people seem to mix the corporate tax with the dividend one or at least don't ask the question clearly enough. Which one are you concerned about? If you are concerned about the corporat tax just do all of the business through the UAE company. If you...

I am not sure I understand your concern. If you have the company in UAE and have a virtual bank account at least (or a real one) of the company and then you send the profits using it to yourself in Georgia you will just have to pay the dividend tax. Pretty straightforward if all of your business...