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Thanks, will look into them!

@Sols I invoice clients from Australia, have no ABN, don't want an account in the country, would prefer an EMI. Turnover is not millions.

Hi, What options would I have to open an AUD account for a non-resident US LLC (disregarded entity) without in person visit ? I know Wise and Airwallex should work if they will approve my account but not sure what other options or better options are out there. I would prefer a US based...

Would there be any risk to using a US LLC card to pay for say eating out and grocery shopping or taking out cash at an ATM if it's a disregarded entity? I understand that I will have to report transactions on a form yearly to the IRS. Not sure how much detail that will need to contain.

I preferred a more legal way, I thought of this one already but it can come back and bite you I assume, or maybe bank/EMI workers just look at it and tick a checkbox and it's done. Thinking about it they can't really tell if a utility bill from a foreign country is real or not, I assume that due...

Hi, Could those of you that know more about Thailand tell me what can you use as proof of address in Thailand for an EMI and incorporation service? I won't be having utility bills in my name just a rental contract, no local bank account. I assume that having a Thailand address in bank/EMI...

@karishi how did you get Wise business for SVG? Right now almost all carribean countries have a waitlist on Wise. Not sure if any EMI will accept SVG now sadly.

@European in Romania you will probably get back nothing but tax credit from ANAF and I don't think they will allow you to claim back the 8%, then after dividends you will most probably be forced to pay healthcare and social security on your dividend income if it's above a minimum income...

Their prices are good but they want to know even what you had for breakfast for half of your life to form a company, loads of documents, some which I don't find very relevant like who my clients are and their details (not sure why I have to tell them that) not sure if it's just them or Gibraltar...

@banafinfodafuggiano since it's Bulgaria I don't think you will have issues with having a HK company. Is salary better than dividends though? If you get offshore tax exemption you will not need to reduce taxable amount by setting a salary.

How would this work if one opens a HK company living in Thailand and pays himself salary to a bank account outside of Thailand (not remitted) and most of the HK company income goes into salary or allowed expenses (travel/entertainment which I know rules are pretty relaxed there). Would that...

In terms of living and moving around in the EU don't get a long term rental contract. If you have an EU passport you can move around freely and unlikely to draw attention, no one really knows where you are since there are no border checks you could be driving between countries at any time, if...

What does fairly quickly mean? Micro companies seem to be up until 600k GBP revenue

Not worried about being sued, just trying to get the lowest cost and lowest taxes without unnecessary risks and headaches from high tax countries chasing after me.

@MrBurns what is the yearly cost of a Gibraltar company? I saw providers offering packages from around 1k to 4-5k not sure what you actually need as a minimum

I guess it still works for people residing in territorial or zero tax countries but that reporting would also make you subject to PE right?

I just read the discussion but I see PE/office/branch outside of Singapore was mentioned so how would that apply in practice without incorporating one more company? Could rather just incorporate US LLC or BVI company (with know disadvantages) which are cheaper to maintain and zero tax I assume.

Does this mean that opening an offshore company in any of these jurisdictions will get you reported to your country of residence automatically? Sounds it became useless to open a company there anymore unless you provide a residence in a country where you no longer live.

I asked for an opinion from Sovereign on the reply I got, I'll let you know what they say as they were very nice and keen to help out.

This is what I got from my service provider regarding offshoare taxation: If they are right then it's not possible to do this in Singapore.