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We own two Malta companies which we consider to liquidate. Both have been registered for over 5 years and only held some trademarks with only 3 - 4 transactions several years ago. Annual reports were filed and books audited. Also had a vat number but we will deactivate it. Both don't come with...

You mentioned it yourself what they need Payslip I think it is internal document can be generated by my company Tax return I don't have this, if I get one it will show lower amounts than I transferred Employment contract I think it is internal document can be generated by my company Proof of...

An employee residing in France for less than 183 days does not owe tax on income earned through their work in the country, as long as their remuneration is paid by or on behalf of an employer which is not established in France. You are working for a French client and are working/living in...

How can they verify these are the actual accounting records. How can the Seychelles authorities check it? The purpose of this is that the Seychelles authorities always can check the accounting, especially if they get an AEOI They can't so the agent has the right to request this as they are...

Good luck to set up an offshore in Hainan. Have you ever set up a business in China and lived in China? If you need to receive money from an outside wire transfer, they require the contract between parties and each time you need to provide the invoice to the bank to be able to receive funds...

That's no surprise and although many claim in Asian countries you can work remotely or have income and don't need to report or pay tax, in 99.9pct of the cases you remain under the radar and they will leave you alone, which doesn't mean you are operating according the law. Mostly you get caught...

On August 12, 2022, the British Virgin Island (BVI) government enacted the BVI Business Companies (Amendment) Act, 2022 (the “BVI Amendment Act 2022”), which contains significant changes to the BVI companies' regime. Similar to the Economic Substance Reporting requirement imposed on BVI...

There are several posts covering this topic in this forum, we recommend you read first. The question you are asking has many more factors to be taken into account than just stating he moved. Does he ever returns to El Salvador? If all ties with El Salvador are broken, meaning, he doesn't go...

The topic has been covered multipel times what privacy tools to be used in a laptop and phone. It takes some discipline and setup to set up all well. Nonetheless something is as protected as it's weakest spot. During border controls authorities are allowed to ask for your password and when...

Ibkr allows to withdraw to any country but you can't edit your beneficiary name and address on IBKR when withdrawing. Ibkr doesn't know your address of the beneficiary bank but the bank can refuse the payment if the details registered with the bank account and in the wire transfer don't match...

Correct you can't, unless you send a special request and explain. Deposit from another country from your personal account is no problem, withdraw only to the country of your residence or a bank account in another country which is also registered with the same residence address. So if your...

There can always be more in play than what we know, but highlikely Because he withdrew to a different location of his registered residence on IBKR. If he is a resident in Thailand he should have updated that information. IBKR can be sensitive to that and they say you can only have ONE...

The more the better, as confirmed above by some of the veterans . I personally feel safer to create over years new bank accounts and avoid transferring between all accounts, in case they start investigating one account they don't know your other bank account information. This only counts if...

Where is that in China those checkpoints? There is already a while no checks or requirements in China. Although social credit score is a reality, I have never heard of anyone affects and even most Chinese don't know about it, so let's not exaggerate things. Chinese government wants to control...

Every address registered or related to the companies, which included two residential properties (total 4 were raided but one we weren't present anymore) . The police was present with a search warrant for residential property, for raid of company offices tax authorities don't need a search...

Western Europe, I believe all countries as France, Germany, Netherlands act in a similar way. The trigger was a relationship with a tax paradise such as Hong Kong, Malta, UAE,.. Annual revenue only around 10 million usd, they seek a similar amount in taxations and contact all other tax...

I don't believe Philippines is an offshore jurisdiction and every local established company has to do an annual filing and report all expenses, profit, payroll etc. From my understanding you always have to pay corporate tax in Philippines unless you fall under the exemptions as Pezo etc, which...

It's very hard nowadays and requires some marketing skills. Creating your own brand is key if you buy and sell oem products

Just keep your old passport and always take it with you. The embassy will make it invalid but still allows you to keep it, but you need to explain and ask them, it's very common doing like this

I have had the same, also raids on 3 locations with search warrant and they took all documents as well copied all data. Legal fees over 100k usd and it has only started. If you live in Europe and do business with low tax countries as Hong Kong, UAE which are related to you (you are UBO) , this...