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I plan to move to Estonia, and open US LLC, but I am aware of Permanent Establishment (PE) and management rules. Estonia has 0% tax until distribution. But what if I use the LLC only for card and business expenses, keep it 0$ profit to the end of the year, and never send funds to my personal...

How is Argentina (Burnos Aires) in 2025 for those getting salary in USD / EUR? Inflation at 200+%, USD and EUR are skyrocketting, and generally high crime rates. Similar to Turkey, and its unliveable there. Although still possible to get citizenship after 2-3 years right?

After long searching, it seems that Thailand doesn't give out residence permits? I am a Russian citizen, with a business abroad, currently living in EU. I want to move to SEA. Problem is, if I move to SEA, I need residence permit, because my company will prob get closed and no bank will take...

All big corps shift money in the form of "royalties / franchise fees". That's passive income, moved offshore, exactly what CFC is about. Do they get away with it because of solid substance in offshore countries?

There is a great thread about US neobanks for businesses, like Mercury, Relay, etc. But I wanted to expand the topic on personal banks with US account number / routing number, without ITIN (majority of us): - Wise - Payoneer - Zenus (2 star rating on Trustpilot...) Let's add some more...

What do you think of "World Portfolio Classic" allocation? https://de.scalable.capital/en/world-portfolio-classic Classic 100Classic 90 Equities100%90% iShares S&P 500 Swap UCITS ETF USD (Acc)56.50%50.80% Amundi Stoxx Europe 600 UCITS ETF19.00%17.10% Amundi Prime Japan UCITS ETF DR...

If a small/medium company decides to start long-term investing into stocks/ETFs/..., with 0 knowledge, what to recommend to them - hiring a financial advisor? corporate wealth management through a bank (if even exists)? external party / consultants?

A proper trust structure usually requires a holding company. Let's say it is in Singapore, where the tax is 17%. Now, you don't own it, the trust owns it, and they are based in let's say Liechtenstein, where the tax is 12.5%. The Singaporean company does nothing but receives dividends from...

There is a lot on the forum about Maltese non-dom company + Maltese resident shareholder, which gets you to have 5% total tax. What if the shareholder is non-resident, but there are Maltese employees, is it still 5% total tax? Found this graph to understand better, does it mean that 2 Maltese...

Say I have a holding company in Singapore. I decide to put management in Malta and declare SG as Maltese tax resident. Reason I did that - I want Maltese taxation and Singaporean asset protection. Now, my Singaporean company is getting sued. Do SG company laws (like the asset protection...

Saw this "pure equity holding entity" mentioned in another thread. Upon reading, it's a BVI company that would be subject to much less economic substance requirements. More from Harneys and Mourant reports: Then: It looks like a registered agent + maybe part-time accountant (just to send...

For a long time now, we were thinking of putting our operating Estonian company under a holding. The holding would probably be in CH (for better banking), with PE, and all that. However, recently a friend of ours tried to do the same with his NL company, and he faced a huge bill. It was mainly...

If you had 2 companies (one in Estonia, one in Singapore) for the past 3 years (both are active, both are managed from Estonia). Then after 3 years, you decide to register the Singaporean company as a branch/PE in Estonia. Singaporean company never distributed dividends, but it still paid up...

If anyone sets up a company & PE in a country with no audit requirements (like UK) OR a country with generous business expense rules (like Cyprus) Can't he then just use the company for personal expenses? Then on the paper he would have 0$ personal expenses to be taxed on, and can live...

Reference: What is total tax paid from investing using Bulgarian company? Can you setup a company in a way to avoid corporate & capital gains tax?

If I have invested 500k with IBKR EU business account into bonds, mutual funds, and stocks - how quickly can I turn it into cash? Withdrawn to the bank. Would I pay withholding tax for the withdrawn 500k (assuming no dividends in the year)? Are there any fees or issues with withdrawing anyway

Non-resident US LLC, EU citizen owner needs Physical VISA Debit Cards. Reselling business, not dropshipping. Mercury: Account closed after a year, no reason Wallester: Applied Wise: Temporarily closed cards Brex: Rejected Trynovel: Rejected Everest: Cool Soldo alternative, but not accepting US...

Since Amex is not in Estonia, what are some good business cards with travel / hotel points (like Amex)? Estonian resident owner as well.

Any banks in Turkey / UAE that only operate in local currency? Meaning that there is no USD / EUR accounts at all provided

Is it possible to open UAE bank account for a non-crypto company without any substance in 2024? Assuming business residence visa, *no apartment in UAE*, low-tier passport, 50-100K per month revenue, If not, how much substance is enough - office + 1/2/3 employees?