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So far fingers crossed we still find Georgia is okay as a place to locate a tech software business, but we watch the trends very very carefully and have lots of experience to draw on to try and manage any changes that might occur. We pay tax and probably more than we could - but safe to pay a...

Anyone who says they enjoy Muti-national structures must be an international tax lawyer or accountant or big multi-national company with lots of experience. If that's you then well done. If not then we can only wonder if you have any idea what you are talking about based on hard experiences...

Malta has good DTA's with non-dom countries including IoM, UK, Ireland etc. Also with Italy. Need to put serious economic substance in Malta of course. Also need to check all commercial business flow - DTA's etc - from customers and investors to your 3 country set up (Italy, Malta + non-dom...

Unfortunately these days we need far more exact info about your circumstances to be able to give anything like specific advice. So all you can hope for it general suggestions that may or may not really match your situation. I am not sure what expert advice you have sought or bought in Italy, but...

Three more comments about Georgian banks: 1. If the government thinks you owe them any tax then they can deduct the cash directly from your account. No court order or anything needed. Then the account holder must fight the government in its own court system to try and win the funds back. The...

This is a very useful post, thank you. People like TP Solutions offer to open bank accounts in Georgia remotely and the guy running it (Gela) worked for the RS for years. He has a very good insight into what can work or not - but he charges western fee levels. I have fully legit business (b2b)...

body corporate normally just means a company. generally, companies are allowed to use another company as its or as one of its director/s. so in the case of your ltd private company, you cannot have another separate company as a director of your private company.

The registered agent for our BVI is Trident Trust (TT). Every year on the TT website we must submit a return about the activities and jurisdiction of economic substance of our BVI company. TT then submits the form to the BVI authority and of course TT charges us a fee.

Reporting to other countries would seem to be their first objective”¦ but all the collected information will also help the Malta authorities to decide how your companies and beneficial owners etc might be or could be taxed in Malta. It was not just FATF grey list that they Had troubles with...

I suppose no country is a complete yes or no without knowing how it fits in your structure and what the business is and before considering so many other relevant questions, and especially what's your budget to explore and make a good choice for your circumstances. Seems some people still buy...

I guess you are right, for most individuals and modest income earning businesses. I suppose these countries must be reviewed and assessed as an option, like all possible incorporation countries, according to your own purposes for opening the company, type/s of business, source/s of income...

Side note: Better to also ask about how other countries will tax activities involving you and/or your business in your target country. Meaning, check how the countries that you do business in / with / have customers in will treat your business activities coming out of say Oman for example, and...

Here is the quoted text I was speaking about. I have added some underlining myself. This quote is from the website of a company that is a registered service provider and audit company in Malta. It includes the text of compliance letter from MBR. Their website says: "After the political changes...

Day by day government data gathering and sharing capabilities get stronger and stronger... and they give plenty of warnings about how they can handle / respond to false info in applications... if you read some forums about UK immigration you can read many people have enough troubles without...

Seems you are happy with a higher level of risk carrying than others might be :). I am no expert on Indonesia or Cyprus and never lived in either country, so others will definitely understand the realities of your situation much better than me that's for sure. I have no idea what the Indonesia...

Hello :). I just want to keep this topic alive. Maybe CyprusLawyer or others have some experience to share ?

On the Georgian Register, for regular LTD / LLC type of company, the company public extract is usually about one page. If you are a shareholder or director, then your name is in Georgian language with your passport number. Those details will be in the Directors section if you are a director, or...

I know forum posts can never contain all the info that is required to elicit very accurate advice and most posts try to give helpful generic advice. I kinda feel the scope of the authors questions could be a bit narrow and my apologies in advance if I am missing anything, but here goes anyway...

I read it on a company formation website that focuses on Malta - i can post the link in this thread - if that's permitted - or otherwise I can copy and paste the relevant text from their website.

I read this path only gives residency for maybe 6 months or 1 year and maybe renewable for another year - so for shorter term its a good option - and providing the overseas company meets the requirements (2 years old etc etc). But if you are non-EU citizen and want to stay for 4 years or more in...