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Because you still want maximum privacy and even when your residence abroad is 100pct compliant, if your citizenship country receives your financial info from UAE (which is a red flag country), they might want to look into it and this might end up being challenged finally in court, which costs...

Just register a business in France, make expenses to reduce your tax base and pay tax. It is not worth the risk to set up anything thing in Hong Kong if you live in France. In the future when you relocate out of EU you can always create a new business in Hong Kong and inform all your clients...

SG with nominee director will cost you the same without substance. Depending on the number of transactions and revenue normally any agent will require you they do the accounting and filing for you. Personal income tax is also high for a non resident director, 22pct and next year 24pct...

I do agree anywhere is better than Europe if you value liberty and don't want the government interfere all the time in your life with having for everything a rule and taxation. Even living in China you felt more free before..although those times have changed. It's a personal matter and...

We have a good designer who can create banners. Would need to know the details and style you want to and I can ask him to make a few samples.

Thumbs up for any one who would actually read this waterfall of words waterfall

You definitely have to pay VAT and file quarterly your VAT filings. Any way of avoiding it will sooner or later be detected by HMRC. If you are a citizen and resident from a country that is far from UK and not Western and you don't plan to go to UK or EU in the next 10 years you can try to...

I will do so this month

90pct of the time, and 10pct, let's say once every two years you might run in some issues. If your business is not legit or you use darks ofcourse you will have anywhere one day some issues, this is not the topic. Even as a legit business you can have issues just as we couldn't use our...

Wise is good as someone mentioned for your regular payments and receivables. Transfer 5 digits is no problem, 56 digits I wouldn't trust the. Important I believe as with all EMI and banks is to build up some transaction history with wise and not immediately jump to large transaction amounts...

HSBC is tricky.. Used them for business accounts before, wouldn't use them for personal accounts. Seems we don't have any clear answers yet: 1) with an elite visa can you easily open regular local bank accounts? 2) are you considered a resident with an elite visa and will there be any CRS...

You have wise multi currency bank accounts, meaning you can actually receive and save EUR, USD on your account? I know wise business is not available in Thailand and I assumed a Thai Wise account is just as a wise Hong Kong business account, you can exchange and send money but don't have multi...

Siam legal seems indeed one of the most reputable firms. They can help with opening of a bank account on a tourist (which is strictly speaking not allowed according to Thai law), which I plan to open next month. But for sure this account will have limitations. Wise is not available in Thailand...

Thanks, I should have done a search first in this forum

I am not yet 50 so this is not an option. Does an elite visa allow to open easily local multi currency bank accounts? What are the tax implications if you transfer a few 100k usd to your bank account (all with solidproof origin of income) ? Are you considered a resident with an elite visa and...

Has anyone heard about this site or used them? They claim to have a database, solutions and procedures on how to open offshore bank accounts as business or as non resident in countries such as Singapore, Taiwan, US,.. I can't even find the company details operating this site. Global banks

What is the easiest setup in Thailand to get a non-tourist visa (elite visa is a vip tourist visa, so seems not that very interesting as well). I believe it's to start a business and get a work permit. Any easy / cheap feasible setup that would make this an easy set up? Can you open easily...

I I totally agree on that. If you setup any of those structures and you are a resident in EU, US or any tax aggressive country, it's not a question if tax authorities will go after you but when. Set up a business in a low tax regime and be a resident in another country with a low tax regime...

That was a purchase during the oil price crash during covid, so ofcourse afterwards there was a correction and gains. Same as anyone who owned stocks before covid achieved serious gains. This is not very relevant to anyone who wants to get into the market now, and the picture is completely...

BVI and other tropical jurisdictions still are very acceptable in Asia. Using them in the West with some layers still is also possible. Nonetheless there is little use of them unless they are a part of a good tax structured organization. The main reasons I wouldn't use a BVI anymore is the...