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  1. Onassis

    Passive income taxation in Croatia

    No, as there are also CFC rules for individuals. You may register a company abroad and set up a branch office as the corporate tax is quite low - 10% up to 1M EUR of revenue. This is preferred, as setting up a local company would make you subject to the slow and inefficient Croatian justice...
  2. Onassis

    LLC vs IBC for passive real estate holding

    Hello everyone, My home country allows real estate to be owned by individuals and legal entities based in Saint Kitts and Nevis. (There are agreements with other countries as well but Nevis is the simplest one to set up a company in, apart from maybe US LLCs which I would like to avoid.) One...
  3. Onassis

    What to do with 100k€ physical cash? No valid sources.

    That's actually a very good idea.
  4. Onassis

    Personal taxation in Barbados

    How are trusts/private foundations taxed there?
  5. Onassis

    Jurisdictions with 4% <= CIT < 10%

    A UK treaty non-resident limited company, coupled with Lithuanian corporate tax residency (via branch office) seems like the best solution out of the ones mentioned so far.
  6. Onassis

    Secure chat to replace wickr

    I'd recommend Signal due to wide adoption - use a prepaid SIM and a cheap burner phone to verify the account. Session is better as long as you can get others to use it. The ideal solution, however, would be to use a self-hosted XMPP server with support for OTR/OMEMO.
  7. Onassis

    Buying property with an offshore shell company

    Since when is Belize opening up their companies register?
  8. Onassis

    Contract on Intellectual Property Rights

    That's not the only factor. If you own or operate both companies then they're considered related parties and in this case Company A will have to adhere to local transfer pricing rules.
  9. Onassis

    Contract on Intellectual Property Rights

    Yes, that can be done. You'll have to comply with transfer pricing rules of the jurisdiction Company A is resident in. There also might be some withholding taxes to pay depending on the residence of Company B. Contact a tax advisor as no one here will be able to give specific advice since you've...
  10. Onassis

    Question Proof of address for operating address in BVI. How to receive it?

    OP, have you managed to find a solution?
  11. Onassis

    UK LTD business advise on Opening EU company

    Try getting a bank account for a Maltese company owned by a UK LTD. It's hard to get one even for residents of Malta who directly own their Maltese LTD.
  12. Onassis

    Bank Account without EU banking info?

    BoG if I remember correctly.
  13. Onassis

    Using funds from company bank account for personal items?

    In some countries it's allowed but treated as salary in kind and therefore subject to personal income taxes, maybe even social contributions as well. I wonder if there's an increased risk of piercing the corporate veil in case this is done regularly? Are there any real world examples someone...
  14. Onassis

    Bank Account without EU banking info?

    I guess so, but in the meantime I decided to not go for it.
  15. Onassis

    Crypto friendly bank for BVI entity, or other options

    You can't just throw darts at the map as if you're picking a country to take a vacation in... lol. First and foremost which country are you resident of? What's your citizenship/passport? Btw any accounts you open for the company - be it in the Caymans, Bahamas or some other country - WILL get...
  16. Onassis

    Seychelles IBC Bank Account (Fintech?)

    Let's take a bet - how long till they stop accepting Seychelles IBCs now that they've been mentioned here. I'll go with 1 month... smi(&%
  17. Onassis

    What are the consequences for EU person for opening an offshore company in a blacklisted jurisdiction?

    Why were you remitting funds back to your own personal account in your home country? What were you thinking lol?
  18. Onassis

    Bank Account without EU banking info?

    I was about to open an account in Georgia through them, they were responsive and everything was OK on their end. However I ended up cancelling my application as I forgot to send them an apostilled document and by then it was too late as my government limited access to courts to only those who...
  19. Onassis

    Crypto friendly bank for BVI entity, or other options

    As far as I know all of these will require at least a 100k USD minimum deposit. Some may even want to see substance in BVI which costs approx. at least $10k/year. There are of course no guarantees that they'll be OK with crypto-related transactions. Your best bet would be to go with a high risk...
  20. Onassis

    eSIM for two factor auth and sms verification (see topic)

    You can get a US mobile phone number through jmp.chat and even pay with Bitcoin. SMS messages will be delivered to your XMPP client of choice, which you need anyway as the service is based around the XMPP protocol. I recommend Conversations for Android. In case you'd like to make or receive...

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