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  1. alpakiwi

    bypass 30 percent withholding tax for royalties

    Georgia is the way to go. I wrote up this for the other linked post: https://www.offshorecorptalk.com/th...ture-2-1-effective-tax-rate.46119/post-341054
  2. alpakiwi

    Critique My Lean US - Mauritius Structure (2.1% Effective Tax Rate)

    Hi @Leo Vanguard, Some people have already given you hints, but here's how I see your main options: 1. Set up an entity in Georgia or Kyrgyzstan ”“ Both benefit from the old CIS double tax treaty, which has no LOB clause. Georgia is the better choice. There's a solid CSP in this forum I've...
  3. alpakiwi

    Anyone experience with IFZA / Dubai Freezones?

    Although it is not yet enforced, IFZA will require an audit for FY2025 if your revenue exceeds AED 3 million (which applies to 99% of people here)
  4. alpakiwi

    Anyone experience with IFZA / Dubai Freezones?

    We've got a CSP in IFZA, and honestly, it's one of the best options for solopreneurs or anyone looking to set up an entity and get a visa in the UAE. Banking is pretty simple too””Wio and similar options are solid choices. I'd definitely recommend using a service provider since they can get...
  5. alpakiwi

    Most trusted place to setup company in Europe?

    I wrote it. Grammarly (not even ChatGPT) just corrected my typos. The info is legit, and those are the best holdings of this kind in Europe
  6. alpakiwi

    Altery

    I didn't tell anything to anyone. Not sure why all this fuzz and liveness checks
  7. alpakiwi

    Are we completely deluded in thinking this could work ?

    If control and management are both in the UK, it is indeed a UK company, despite where it has been incorporated.
  8. alpakiwi

    Are we completely deluded in thinking this could work ?

    What I proposed allows him to stay in the UK without opening the "Pandora's box." HMRC has mechanisms to impose something akin to an "exit tax," specifically the deemed disposal of assets rule. If HMRC perceives that the company has ceased UK tax residency but continues operating exactly the...
  9. alpakiwi

    Are we completely deluded in thinking this could work ?

    As others have suggested, setting up a subsidiary of your UK Ltd for "distribution" can be an effective strategy. Establishing a trading hub, such as in Hong Kong (0% tax on offshore income), provides both credibility and practical benefits for trading operations. To make this work, you would...
  10. alpakiwi

    Most trusted place to setup company in Europe?

    Based on the information discussed, here are two solid options which I consider the best for establishing a holding company in Europe: UK Holding Company If you're not a UK tax resident and are comfortable with the UK's status outside the EU, setting up a UK holding entity is top. Key benefits...
  11. alpakiwi

    Altery

    I think they might initially be a bit challenging with certain profiles and ask some questions. However, in my experience, they are okay in the long term, crypto-friendly, and things have gone smoothly. Neither I nor the many people I've referred have encountered significant issues. I hope...
  12. alpakiwi

    Crypto high 6 fig with no source of funds no tax returns looking to offramp

    I wasn't aware that swaps to stablecoins are considered realized gains in Spain””you always learn something new in this forum! :) If that's the case, it might be time to pack your bags, change your tax residency, and pray a lot. But DO NOT file the 030. Last edited: Dec 29, 2024
  13. alpakiwi

    Crypto high 6 fig with no source of funds no tax returns looking to offramp

    You should be fine; no worries. In Spain, fortunately, you are not taxed on your crypto holdings until you realize the gains back to fiat, so all is good.
  14. alpakiwi

    Crypto high 6 fig with no source of funds no tax returns looking to offramp

    Yes, that amounts to 20,000 times 4, which equals 80,000 in undeclared earnings. This could result in approximately 20,000 in taxes owed (assuming they were capital gains and not income tax) plus a fine of up to an additional 20,000. Overall, it's not an excessive amount. It's not uncommon for...
  15. alpakiwi

    Crypto high 6 fig with no source of funds no tax returns looking to offramp

    It's real””there's a specific division within the Spanish Tax Agency (Agencia Tributaria) internally known as the “030 team.” Not joking. That said, it's true that the likelihood of scrutiny increases if you “relocate” to certain jurisdictions like Andorra, Portugal, Gibraltar, the UK...
  16. alpakiwi

    Crypto high 6 fig with no source of funds no tax returns looking to offramp

    I wouldn't take the risk with Hacienda. Depending on your net worth, it might be better to stay under the radar and maintain your residency in Spain by keeping your companies offshore. The penalties for not declaring the 720 model are no longer applicable in Spain, so you currently do not need...
  17. alpakiwi

    Crypto high 6 fig with no source of funds no tax returns looking to offramp

    When you notify Hacienda about the 030 form, there is a very high chance you will receive an audit for the previous four years, and questions about any source of income or accounts including any undeclared EMI accounts, crypto etc. This is just a provisional measure. Additionally, you will be...
  18. alpakiwi

    Crypto high 6 fig with no source of funds no tax returns looking to offramp

    For that kind of amount (which isn't very large), the simplest way to offramp is through an OTC desk. I own a couple, so feel free to reach out if you need help. You could declare the wallet as owned by your US LLC or set up a blocker entity””although, in my experience advising Spanish citizens...
  19. alpakiwi

    Altery

    Not from Pakistan, well-known entrepreneur who wants to be under the radar
  20. alpakiwi

    Altery

    I know the owner behind it. He's legit and this is a reliable EMI.

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