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  1. FriendlyFace

    Does Paypal report to the Greek tax authorities?

    Hey folks... I know that, above a certain threshold, Paypal reports income to the IRS for USA entities. I have been looking for similar information regarding Greece, and can't find anything online. Do you know what the deal is? Preferably, I would appreciate a direct link to at least one...
  2. FriendlyFace

    Incorporating and *living* in Macedonia (FYROM) or Bulgaria?

    Hi, folks... I live in Greece. It appears the only legitimate way to have a company in another country is to live in that country 183+ days/year (or use the Cyprus 60-day rule). I'm currently looking into relatively low cost options of countries close to Greece - like Macedonia (FYROM) or...
  3. FriendlyFace

    Company in "country A" while I live in "Country B" - doable?

    Hi, folks... Let's say I have a company incorporated in "country A" while I live in "country B." Every post/article etc I have come across, says this: If I'm the sole owner of the company, I need to live in "country A" 183+ days of the year for the company to have a chance to be considered...
  4. FriendlyFace

    Company in Estonia. I live in Greece. Company Tax residency?

    Hi, guys... Let's say I become an e-resident of Estonia and start a company there. Meanwhile, I will live in Greece. Where will the company be tax-resident? Thanks in advance!
  5. FriendlyFace

    Affordable short-term accommodation abroad, for tax residency

    Hello - hope you're well. As you know, in order to be a tax resident in a specific country, you need to spend at least 183 days of the year there. For example, let's say you live 6 months of the year (total) in "country A" and 6 months of the year (total) in "country B". This may be happening...
  6. FriendlyFace

    How will Greece challenge the tax residency of my Cyprus company?

    Hi, folks - hope you're well. I live in Greece, and have just registered a Cyprus company. I'm trying to do a *realistic* risk-benefit analysis of my options. I have some questions: 1) Does anyone know how often a country (Greece for example), starts investigating the tax residency of a...
  7. FriendlyFace

    Can I use Greek Paypal account to accept payments for Cyprus company?

    Hi, folks... I live in Greece. I have a Business Paypal account. Today I noticed I can add a bank from other countries as well: So, does Paypal have a problem if I access my Paypal account from a different country, but it does allow to add banks in other countries? I have just created a...
  8. FriendlyFace

    Cyprus company - accounting and tax questions

    Hello - hope you're well. Not sure if this is the appropriate forum area to post this. If not, moderators please move it. I live in Greece, and have created a Cyprus LTD. I have heard conflicting opinions on the matters below. If any of you know for sure what the correct answer is, I would...
  9. FriendlyFace

    Greek resident: How to become Cyprus tax resident

    Hi, folks - hope you're well... I'm Greek, living in Greece. I have an online business, which I can run from home. I have registered a company in Cyprus, because corporate tax is less in Cyprus. However, I will still have to pay 20% on dividends to the Greek government. I'm looking at how I...
  10. FriendlyFace

    How to prove to a Cyprus bank I live in Cyprus

    Hi, folks - hope you're well. I have registered a company in Cyprus and now need to open a Cyprus corporate bank account. I don't have someone to introduce me. As a result of this, the banks prefer I actually live in Cyprus, to prove all strategic decisions are made in Cyprus - especially...
  11. FriendlyFace

    Taxes for Cyprus IBC web business (Greek resident)

    Hello everybody! New forum member here - hope you're well... I'm a resident of Greece (EU country). I want to create an online business that sells instantly-downloadable information products and software, both as a merchant and as an affiliate. Customers will be mainly from USA, and then from...

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