Search results

I understand your logic and it is indeed valid to some degree, but there becomes a point where a founder does not need to worry about taxation and accounting, delegating it frees up valuable time, mind share, and frankly overhead. But to each is there own. Hope you find a viable setup.

You're going to file the necessary accounting documents and other filings in the UK and NL? You're going to properly structure the contracts and agreements necessary between the companies involving the transfer of profits through administrative expenses at the proper intervals and per the...

If you're attempting to create a multinational structure yourself to avoid taxation, you're clearly not at a level of income or turn over to even consider it, continue paying taxes n your home country and grow your business, you'll likely end up costing yourself far more headache...

Don't have French citizenship if you want the tax benefits of Monaco. Monaco has a special pact with France to prevent French citizens from avoiding taxation by domiciling in Monaco. There is a long-standing history with France and Monaco, including one that is still in effect whereby France is...

Most often in terms of e-commerce, it is a Dutch B.V that is used to transfer profits via marketing and advertising away from the UK LTD. However, there is no one size fits all. You'll need to talk to the big four to really establish a list of structures and weigh the benefits and drawbacks of...

Small time entrepreneurs never ever had any ability to avoid taxes, they still do not, and will never. Short of maybe a few uncompliant ones, but that carries additional restrictions such as being able to invest that money as it then becomes visible. So in the end these evaders pay with...

That woefully incorrect. You're confusing two different concepts. Opening an offshore company and opening a corporate bank account that reports back to your home country via CRS, in the case of Americans FATCA, to avoid taxes is not what I described. Anyone from any country can open a foreign...

Exactly, a recent trend has been founders, general partners, or similar redomiciling, while of course the rest of the employees remain in a financial or tech center with high taxes. In the US, which is much different than the rest of the world, the movement from California and New York, has been...

Corporate tax planning versus individual are wholly different. A small business owner in the US can easily open a foreign subsidiary and keep profits off shore with a very simple setup that costs almost nothing to maintain. Without the necessity of renouncing citizenship, acquiring residency, or...

You have good taste sir, props. I am familiar with all the aforementioned tailors. Pino, while good, is not considered part of the Napoli elite such as Panico, Ciardi, Solito, Dalucore (unfortunately he died recently). There are also various outliers such as Paone which was the head cutter for...

You don't need to bank in the UK as a Gibraltar resident. I am unaware of any system wide attempts at debanking Gibraltar. Since I am apparently unaware, do you have a link? Most recently the UK fought hard for Gibraltar and vehemently claimed it was not being used to avoid Russian sanctions...

MC IBAN, I don't bank in Monaco, or reside there. I've mentioned that already. You're a lowly commoner; marketing consultant, born in DR - of course you didn't fit into Monaco. You just went off on a rage rant for pages on end and now you're back there and posting at 4am? You just said the...

May you elaborate on this friction? Got a specific example?

ROFL, pathetic cope response, filled with childish insults and accusations of being low IQ, and comical boasting of your supposed romantic prowess...You are the one triggered - you came into the Monaco thread spewing word vomit rage hate about Monaco. Your Gucci hat joke, as you so call it, was...

The reality is that almost all global tech is still centered in the US, UK, and China, not the UAE, or any other similar centers. Little skilled talent is actually leaving. UAE is still not even on the map in terms of global tech. If anything it is mostly influencers, OnlyFans, Russians that are...

How much time do you actually spend there? Gibraltar is turbo-small, with an EU passport you can disappear into the EU for unlimited amounts of time without issues. Do you bank in Gibraltar or in the EU?

Rancid? BWAHAHA, you didn't fit in so you're giga-coping trying to talk it down. It is okay to be a simple man and not have an appreciation for the finer things. You've never even heard of the aforementioned clubs even less so the 3 Michelin star restaurant in Provence, which you've likely never...

Where do you live? You've obfuscated that and apparently dislike every place so it is very curiosity invoking to know where you currently reside. You appear to be having some sort of regret with your decision as you need to validate it with these simply inaccurate statements. It is clear why...

Surveillance is a necessity and is encouraged by the residents, not to mention it is everywhere nowadays, the phone and computer you're using to write this post is surveilling you, not even going to mention the meta data being collected from every single piece of networking equipment on the...

There are many more than 4-5, there are 4-5 in Naples alone, 3-4 in Florence, 4-5 in Milan, and if you're into British tailoring the same amount. Bespoke is great for casual clothing Loro Piana is a go-to, most specifically for knitwear and outerwear.