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https://www.offshorecorptalk.com/th...-visa-”“-choosing-your-next-destination.36766/ Search first thu&¤#

Go try to find someone in the Bahamas who would be willing to serve as a manager of your US LLC and who you would to trust with operating bank accounts etc. Here is what you should do instead: decide where you want to live (culture, religion, climate, etc.), then go through each country and...

The LLC will then be subject to corporate tax in their country of residence, again due to PE rules. And if it's not registered there (in case their country doesn't care) you might have a problem yourself as your country of residence might ask where the LLC pays taxes.

AFAIK appointing a US person as a manager of the LLC will subject it to US taxation Word of advice. Pick a country which offers zero tax for digital nomads and call it a day. Alternatively move to a country with favourable sole proprietorship tax rates.

Would that include foundations?

I don't understand why anyone would set up a full blown legal entity in such country when you can simply register a UK LTD and a branch office which has no legal personality and therefore allows you to avoid the Romanian legal system. Last edited: Jul 20, 2023

I assume this would not be required if the parent company (e.g. an "offshore" LLC as mentioned above) is tax free anyway? Only in case a UK LTD is used for example, where we want to shift its existing corporate tax residency to Switzerland thanks to the Swiss branch. (I actually found one such...

In your opinion, would there be any difference in case one wants to use a non-US LLC instead (e.g. a Belize or Nevis LLC)? US LLCs are subject to all kinds of filing requirements and classic IBCs are a hassle to work with nowadays.

UK as a public register

You can stay in Cyprus for 2 months and travel the rest between Spain, Italy, etc.

I can recommend a decent Croatian English-speaking accounting firm that will gladly accept an Excel sheet containing invoice/sales data on a monthly basis. Expect the price to be in the 200-300 EUR per month range. I am not affiliated with them, just used them for a Croatian LLC where I had to...

You can link a Wise USD account, withdraw the balance and spend it using a virtual or physical card.

Are you currently a Russian tax resident (on paper, at least)? P.S. Any tips for living below the radar? Have you ever been stopped by Spanish police? smi(&%

I have a question regarding withholding tax on dividends in the context of covered call ETFs such as JEPI/JEPQ. Option premiums paid out by such ETFs are actually taxed as capital gains in the US. Therefore, in theory at least, these funds "dividends" shouldn't actually be subject to WHT on...

Could an entity that is beneficially owned by a CY tax resident claim US-CY tax treaty benefits if it's not actually registered for corporate tax in Cyprus? To rephrase, I would like to hold US equities in a private foundation while being a non-dom tax resident of Cyprus. As I would be the sole...

No

Solution: make friends at flying/aero clubs, then pay cash for a flight in a Cessna 172

You will have to do that anyway if you involve any kind of entity

UK LLP maybe?

Guys, don't mess around with US LLCs if you're living in Spain. You're just asking for trouble. Stick with a simple SL and when you have enough profits, set up a company in a whitelisted low tax jurisdiction like Bulgaria, Romania or Cyprus with proper substance. If you absolutely need to be in...