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Georgia would be great. The advertised CIT is 15% on distributed profits but it's quit easy to get 0% in free zones. An average employee would cost about €5.000 a year! It's a little remote however. Only downside atm, 2 hour difference and an almost 7 hour flight with a layover. I know, I...

I will, thanks! Hong Kong is great but it's not a very logical choose to build economic substance there in my case/business. The average salary of one employee is €35.000 annually compared to €5.000 in Georgia for example. Or do you know of other solutions?

I know but as a bank I would send it to every country possible to be compliant. You're probably right. That's why I'm not sure if it's worth the risk. I know, some UNHW are. I'm just not sure why. Would love to know and see if I can use the same or similar techniques.

Thank you for your input! Something like this? "That's also something I thought about. Go to an attractive EU location/non CRS country: get residency with the Italian passport, go to the local Italian Embassy and proof residency, request new passport. Then I have a Bulgarian / Puerto Rican...

Thank you for the clarification! Why do you think CFC rules will take effect?

I checked and the average salary in Lithuania is about 20K per year, I would prefer a lower cost if possible. Definitely if I need more then 1 employee to show enough substance. I will thanks! Haven't used them myself but they are reputable: https://www.vistra.com/ The 300.000 revenue rule...

Why do you think so? And would that be bad? Or can I simply say nothing is earned here. He definitely is, I've come to his site many times. Love the content!

That's also something I thought about. Go to an attractive EU location/non CRS country: get residency with the Italian passport, go to the local Italian Embassy and proof residency, request new passport. Then I have a Bulgarian / Puerto Rican address on my Italian passport for example Then I'm...

Do you guys know of any Double Taxation Agreements opportunity that is especially interesting for Belgian residents? I know we can have tax free dividends from Seychelles if we hold more than 10% of the company, same for Hong Kong. I found this out in the ”˜EY Worldwide Corporate Tax Guide...

I was born and raised in Belgium, I have Belgian and Italian citizenship. Some people find it interesting to have multiple citizenships for passports. Other than some extra countries to travel to I don't really see a benefit for me. Do you know of ways for me to use/exploit my dual citizenship...

Thank you for your reply! I could live with 5% but it's more then 1% off course, the substance cost is also higher I belief and I am planning on growing our business a lot more so I want a more sustainable solutions for more years to come. So I want something that goes further than a preferable...

I've no Idea. I only see this requirement: Their shareholders or associates do not hold participation titles in other legal persons. But then it may only be for the reduced 1%. 3% might be fine? Source 'EY Worldwide Corporate Tax Guide' under Romania, Micro Enterprise (I can't post links)

I think it would be great if we can have a list of the price everyone pays annually for their structures. You can also answer for other countries if you know a lot about the country but you don't have a company there yourself. Why? Often times the the tax rate and price of incorporation is...

I live and work in Belgium. I want to open a company in a low tax jurisdiction to decrease the tax bill of our Belgian operating company. My business partner and I are currently not considering to leave Belgium. Goal My main goal is to save money on the companies tax bill in Belgium in a cost...