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Sure, but your profit is just 50k? What if your business goes well and you have 1M in profits? You intend to just pay tax in Singapore and pay yourself dividends?

This is a really stupid idea. A salary will be taxed in Malta and/or Estonia. If you change it to dividends later, you will be paying 20% CIT in Estonia, possibly more (they are already talking about raising taxes). Also, the Estonian company could/would be taxable in Malta due to PE/PoEM, then...

This is a really stupid idea. A salary will be taxed in Malta and/or Estonia. If you change it to dividends later, you will be paying 20% CIT in Estonia, possibly more (they are already talking about raising taxes). Also, the Estonian company could/would be taxable in Malta due to PE/PoEM, then...

Spend 10 days per year on vacation in the Seychelles or some other tax-free place, then live 177 days per year in Spain and 177 days in Portugal and pay tax in the Seychelles? And even keep the Spanish residency? This is not how it works. You also can't pay out 100% of the profits as a salary in...

But would you even have to bill the profit out? If the UK LLP was owned by a Montenegrin entity, wouldn't all profits be automatically attributable to the Montenegrin company anyway?

I'm sure it will come, but I wouldn't expect it so early. Maybe it will be announced in 2026 with implementation in 2028 - that would make sense. VAT was implemented in 2028. CIT was implemented in 2023. Adding PIT in 2028 would fit the five-year pattern. They won't introduce a CGT. It will be...

How do you "take the 100k in Dubai"?

I think you should speak to some advisors from Portugal. At least with NHR 1.0, they would set up a company for you in Malta or Cyprus and then you would be living off "dividends". This seemed to be working well. I'm sure they have similar ready-made setups for NHR 2.0, even if you have to pay...

That's not how it works.

So it only invoices other companies owned by you, that's why there aren't a lot of profits...? If it's an operative business that simply doesn't have a lot of profit, then of course there isn't a lot of tax to pay, but that's how it would be in any country?

So how do you get the money out?

This concept was scrapped 20 years ago. According to what I found, taxation is now based on where the company is managed. You could probably do business with people in Gibraltar and still not pay tax, as long as management isn't based in Gibraltar. But then the question is - where is the company...

The typical non-dom setup in Malta is a local company with a foreign holding company. This is what "everyone" uses to get to 5% tax. I would expect that if you use such a setup and sell a subsidiary of the holding, even if it's a Maltese subsidiary, there should be no tax in Malta. Malta...

Quick Google search... Seems like the UK doesn't have exit tax on the individual level, only on the corporate level. Couple of things I could think of: a) Set up an offshore holding with some substance. Maybe outside Malta, so you can reuse it to get the 5% CIT in Malta later. Cyprus...

I would investigate if you can just keep it all in the UK - a UK subsidiary owned by a UK holding company. Then you sell the subsidiary, which should be tax free, as far as I understand. Then you "only" have to figure out how to get the money out from the holding without paying tax. Ignoring...

Can't you buy the website through a newly established company owned by your holding company and then sell the subsidiary instead of the website? I don't really know the rules, but I guess that should be tax exempt even in the UK? Obviously then the next question would be how to get the money...

Do you really need a passport? Can't you just get residency, which would give you travel rights to Schengen countries? And anyway, all countries should allow you to naturalize after a certain number of years. Aren't there digital nomad or entrepreneur visas in a number of EU countries?

I have no idea how much HK checks - but note that you would have to pay a realistic salary to the local director. You can't just pay $500 a month to someone to run a 7-figure business. They would then (rightly) say it's all a sham arrangement and that you're secretly running things from wherever...

What do you mean?

What's the alternative? Any good non-US brokers?