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If it's a local company you'd have to pay income tax + social security, right?

He says that by registering with tax authorities in Cyprus you pay Cyprus corporate tax instead of Estonian corporate tax due to their double taxation agreement.

Hi, I was told by a tax advisor that if I am a tax resident of Cyprus and open an Estonian company I can then register it with local tax authorities in Cyprus and, that way, if I don't receive a salary and only pay myself through dividends, I wouldn't have to pay income tax or social security...

Any thoughts on Malta and Cyprus? I read that corporate tax in Cyprus is 12.5% and in Malta it's 5%, if you lived in one of those countries and ran an online business, how much tax would you have to pay apart from the corporate tax? Would anyone recommend a setup using one of these companies?

Hi, How would it work if I had an Estonian company and was a tax resident of Cyprus? Would I be able to register the Estonian company with the Cyprus tax authorities and be liable to 12% tax due to the Cyprus-Estonian double taxation treaty? Would this be something complicated to do? Has someone...

How much is 15000 MXN? I checked on Google and it converts to $677, is that right?

So, if you live in Panama, have an Estonian company and pay yourself a salary no taxes or social security have to be paid anywhere, is that correct? it sounds like a good solution too.

Does that mean that if live in, say, Panama and you receive dividends from an LLC no tax is ever paid?

Thank you for all the fantastic replies! They are extremely helpful and I'm going to go through every shared article and opinion carefully. This is why it's so much better to start out by asking “real people” for help and advice. Mexico sounds like a great idea, perhaps having an LLC and living...

Great! Thank you for your help! These are major affiliate networks so I would just be one in millions :)

Thank you for your help! Do you know if: - I am a fiscal resident of Panama - I earn commissions from American affiliate marketing networks as an individual Would that be considered foreign earned income and therefore subject to no tax? In case that would be taxed, what would you suggest as...

Thanks! If the country is Panama would that be 0%? Also, what tax would be paid on a corporate level then?

Thanks! Do you know what's the percentage on that tax? Would it be paid whenever a payment from one of the networks is received or just when dividends are distributed?

Thanks! But are you sure? I also got this answer: No, not unless you have Effectively Connected Income (ECI). If you only work from outside the US and have nothing “on the ground” in America (like a warehouse or people working for you), then there is no US tax.

Thank you!

If the money generated by the company came from American affiliate marketing networks, would that be taxable? Also, what would be the best state for opening a LLC? Thanks!

If I live outside the US, I have a Wyoming LLC and all the money the company makes is from affiliate marketing networks located in the USA, will the LLC have to pay any taxes? Thanks!

If I wouldn't be able to receive dividends from the LLC, how would I receive money from the company? As a salary? Thanks!

Thank you for your help, @Outlander! I'm going to look at the options you suggested! So, if I decide to do the following: - Getting the Friendly Nation Visa - Cutting ALL my ties to my country - Moving to Panama - Having my permanent and fiscal residency in Panama - Earning money as an...

Thanks for your help! I'll look into all those possibilities!