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Hi, I have discovered that in the bitpay allowed to open a bitcoin account for a Belize company with a Cyprus bank account. If someone can go through the verification process....

A website when it is an online shop (E-commerce website) can be used as a permanent establishment. Just like for a company, the website can be safe in a given jurisdiction.

For some reasons, Trump hates Singapore but never talked about Belize, Seychelles, Panama. His deal for us will be the following, if you bring your money back to the USA, you pay 10% tax on it and you are forgiven. Nevertheless, all the rest of the IRS tax system has not been reformed and it...

I am sorry to say there are so many scammers outside. They aren't all from the same job position. They can be accountants, attorneys, administrative agents, company formation agents. They can be located everywhere on the planet. It would be a mistake to think that you are safe in the UK or in...

I am not talking about a setup where the US company would have something behind to lower taxes, in this case it is very simple to understand the setup. I wondered about those who decide to go fully offshore even if it has advantages and also disadvantages. I looked into the law and i have seen...

Hi, it looks like the Irish banks follow the same route than UK banks. Today it is not possible to open a bank account in Ireland from remote. Bank of Ireland requires Economic link to Ireland: Here is the mail from Bank of Ireland: Economic Link As part of the due diligence...

It is very sad to see that in Estonia and Latvia, when we are a non-resident and when we come to those countries all the prices are disproportionated for us. They are too greedy and they think we are here to invest millions. The average salary in Estonia is 850 euros Net / month and the...

If i am the director / Shareholder of a company, can i pay myself royalties without using nominee shareholder / directors? I think about the following: The right to use a brand, the right to use a domain name, programs, codes...

Paddle.com is a payment gateway like 2checkout because it accepts visa, mastercard & Paypal. But there is an interesting difference compared to 2checkout. Paddle manages the VAT or the sales tax for you. I can read on their website: Sitting as a layer between you and your customers as a...

Hi, If you sell apps on Google play, do you issue one invoice when you get the money from Google play or do you create an invoice for every application sale?

I wondered which personal paper was provided to Cyprus tax authorities to prove that we live and manage the Cyprus company from outside Cyprus. So, for instance, do they ask the last tax statement? Do they ask a stamp from the tax authorities where we reside? In fact , i am between several...

I can read on several websites that if a Cyprus company is managed & controlled from outside of Cyprus then there is no corporate tax. I wonder if someone here or if you know someone who succeeded in getting this Corporate tax = 0% Is it difficult to get? Are there downsides like local tax...

For the ones who have a Cyprus company, do you do the bookkeeping locally or do you have to pay a Cyprus accountant? I am not talking here about the annual returns & annual financial statements, but only the "daily" bookkeeping.

Hello, i have found a process to make a Belize, Seychelles Paypal account work with a foreign bank. For instance, Seychelles + Cyprus bank account. Normally it should work As you may know paypal requires that a credit card to withdraw money from Paypal account be from the same country than the...

I can see that we struggle against nature when we want to open merchant account at payment gateways for panama, bvi, seychelles, belize... you name it. It is like that with 2checkout, paypal, bitpay, skrill...etc...etc... I have the feeling that by doing so we waste our time. In fact, the big...

I would like your opinion on a tax optimisation technique. I don't understand why big companies always use royalties for tax planning and not expenses. In fact, if you use several companies and bill different companies, it is more anonymous. In fact, i was an IT consultant for a worldwide...

I am happy to talk about my situation in a private group now ! So, as i said in public forum i am the owner of a Estonian e residency card which allow to create a company online. I had a problem with the Estonian banks but that was because i chose the wrong bank, so now i can try again with SEB...

The European FATCA is the real danger for European residents. Now the EU countries are implementing the Directive 2011/16 which has been followed by another directive 2014/something. In this directive it is said that the EU countries have to exchange all the information about withdrawal of...

I have asked a french attorney to tell me what was the VAT law for an Italian company that would sell Ebooks to French citizens through the Internet. She told me that up to 35000 euros there is no VAT to charge. Then, if on a particular day, i sell more than 35000 euros (Tax excluded) of goods...

Hi, I have just discovered there is a 10% withholding tax on dividends to non Latvian residents for those who have a company in Latvia. If there is no double treaty agreement, the total percentage is 15% corporate tax + 10% withholding tax. If there is a DTA if you live in Italy for instance...