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  1. anotherone

    Risk of Wise acct closure feeding crypto friendly EMIs by nature ?

    In the terms and conditions of Wise, it is mentionned that everything related to crypto is prohibited: 1.2.2 Financial and other professional services Binary options. Escrow services. Using Wise Borderless account as an escrow account. Companies involved in the exchange or trading of...
  2. anotherone

    Wise deactivated my business account

    My Wise personal account has been also deactivated. I am also a sole trader. Since I have articles with affiliate programs related to video chats, i know my fate. When you look at the list of prohibited activities at wise, you quickly understand that you aren't allowed to do much...
  3. anotherone

    What are best EMIS to receive until 10,000 every month?

    you must choose EMI's that accept Corporate accounts. You need a company.
  4. anotherone

    What is your review of Quppy?

    So, I lost all my bitcoins on Quppy this morning. Hopefully, this was less than was around 900 dollars. This morning, I launched the Quppy app. I tried to convert the BTC in euros multiple times. I tried to conver the BTC in USD multiple times. Everytime I tried the app crashed without warning...
  5. anotherone

    Why did they take down backpage.com?

    Thank you for your post, It helped me to carry my investigation. It appears that backpage was taken down because of child s-x trafficking but not prostitution. Quite interestingly, the law enforcement authorities in the USA aren't the source of the story. It looks like someone has decided to...
  6. anotherone

    WTF Portugal?!

    I went to Portugal on vacation, and I am happy to share my view on Portgual here. I have visited something like 25 countries, so I can compare. I was influenced by the many youtube videos about Portugals. I stayed in Porto and drove around Portugal. First, I understood that the very rich people...
  7. anotherone

    Question Best visegrad country for online business? (Hungary, Poland, Czechia and Slovakia)

    I forgot to talk about one major problem of Hungary: Its crashing currency (HUF) against euro: Sorry, I made a mistake. I wanted to say that real estate prices in Prague increased: https://www.expats.cz/czech-news/ar...in-czechia-pushing-more-families-into-renting People expect prices to...
  8. anotherone

    Question Best visegrad country for online business? (Hungary, Poland, Czechia and Slovakia)

    I can add my cents about Czech Republic. Czech Republic was great 7 years ago. Prague hosts big tech companies: JetBrains, Semrush, Avast and AVG technologies (you may know these companies) Tax are low but now, there is a problem about a real estate bubble in Czech Republic. Prices are going...
  9. anotherone

    What is your review of Quppy?

    Quppy gives the ability to turn your bitcoins into USD or EUROs and then withdraw them via a SEPA transfert. I have read in this thread that some people were asked to provide a proof for the source of money. If someone invests in a crypto currency and keep it for several years before...
  10. anotherone

    Luna Classic is taking off

    I don't understand why Luna Classic is coming back from the dead like this. The price soars every day. There are few explanations about this cryptocurrency. Can someone explain me why people buy Luna Classic? I took this screenshot just now.
  11. anotherone

    anyone here with experience running a company in Hungary?

    Taxation of dividends In the 2022 tax year, income from dividends paid to individuals is subject to a 15 percent personal income tax. According to the main rule, the payer must determine the tax charged on the dividend at the time of payment, deduct it, and pay it by the 12th of the month...
  12. anotherone

    So much tax in Austria

    According to the OECD tax wedge report, Austria is the 3rd country in the oecd to tax employees (single workers) the most behind Germany and Belgium in 2022. Not that employer contribution is quite high compared to other OECD countries. This means that if you want to start a business and hire...
  13. anotherone

    anyone here with experience running a company in Hungary?

    Hungary is OVERESTIMATED: I forgot to mention that I know a man who was a self employed in Hungary, and he received a letter from the tax authority asking him to pay more social contribution for the past 4 years. Self employed individuals pay less social contribution than employees. If the...
  14. anotherone

    anyone here with experience running a company in Hungary?

    I have the opportunity to work with several accounting companies of Budapest. At work, I found hungarian people unreliable, slow, unproductive compared to Croatian and Romanian. Then, I discovered there were no Uber and no Glovo. Hungary is a soviet country in the middle of Europe. Their legal...
  15. anotherone

    What is the current situation of the mandatory annual audit for Cyprus companies?

    It looks like it just has changed: https://www.taxathand.com/article/2...uirements-for-companies-and-individuals-eased I quote:
  16. anotherone

    Question Dividends as non dom in cyprus

    But then, can they benefit from the national health care system if they only pay the 2,65% Gesy?
  17. anotherone

    Question Dividends as non dom in cyprus

    I realized that I made a major mistake in my post. It is dangerous to declare yourself as a self employed of Cyprus company in Cyprus. If you get a tax inspection someday, the authorities may reclassify you as an employee and they may ask you to pay the difference because self employed people...
  18. anotherone

    What is the current situation of the mandatory annual audit for Cyprus companies?

    Back in 2016, The Cyprus authorities introduced mandatory financial audit of bookkeeping records for every company Today, I discovered that the Cyprus authorities started to push back. https://cyprus-mail.com/2022/04/05/some-businesses-may-be-exempt-from-annual-audits/ What is the current...
  19. anotherone

    Question Dividends as non dom in cyprus

    Hello, I d like to add my two cents: In Cyprus, it looks like self employed individuals must only pay pay Gesy (4%) and social contribution (15,60%). SO before hitting 19400 euros revenue the global tax is 15,60% + 4% =19,60% They don't need to pay Social cohesion Fund2% Redundancy...
  20. anotherone

    What the hunt of Russian oligarchs teaches us

    In Europe, I can see that almost no bank accounts of Russian Oligarchs are frozen. This was confirmed in the news. EU struggles to ”˜freeze and seize' the wealth of Russia's oligarchs - National | Globalnews.ca So, this raised my interest because nowadays, the EU has implemented many AML/KYC...

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