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Why?

Please enlighten us how you're planning to move to Monaco and how much you're intending to spend.

You would not even have to move. You could just go to Dubai for a week per month, work from there and get paid for that work, and then go back to Belgium. It's just important that you don't work outside of the UAE - a salary earned outside the UAE (paid by the same UAE employer) would be taxable...

Wait, what? You were looking for a low-cost setup (25k), now you want to move to Monaco? You know that you will need a couple million just to be able to move there? There are a couple of threads about this, for example: Thread 'Obtaining tax residency in Monaco' Jan 17, 2020 Dear readers...

That's my point exactly: If you register a Maltese company, you pay 5% tax (minimum) on all income of the company (except for strictly defined "foreign income"), plus you have to pay for accounting etc. But if you set up a US LLC and register it as opaque (your choice even!), then you don't need...

You haven't been paying attention. We're discussing 0% tax here. You can do that with a Maltese company without any risk. Doesn't make sense to set up something exotic only to pay the same tax as everyone with a standard setup.

Where is the source for this? I spoke to a lawyer and he said the income would have to be linked to an asset outside Malta - otherwise it would be seen as Malta-sourced.

I'm still not sure I understand. Isn't this basically allowing the taxpayer to actively create a hybrid mismatch? Also, how does this make sense? Say I set incorporate a company in some 0% tax country like the BVI or the Seychelles. The company is a corporation (opaque), but I'm the sole...

The words "citizen" and "national" mean the same thing. I think you meant "resident". Are you sure it's even that bad? This article sounds like you may not even have to pay tax? https://www.publish0x.com/galaxie-c...haven-for-cryptocurrencies-in-belgium-xmjnolo As mentioned in the article, I...

You could probably give a loan to your company (which the company will have to repay with interest later) and otherwise live off savings, unless Irelands mandates that you pay yourself a salary? Check the Irish exit tax rules.

What is the benefit? So say you have a couple of millions in undeclared crypto, gold or cash that you want to get into the banking system. You go there, open a bank account, deposit your millions, pay 3% tax... and then what? I guess you can't even transfer them to anywhere else than Turkey. You...

Forget about "a little time", you have to move your life to the other country. And even then, you would still pay tax in the other country, just a bit less (depending on how much time you spend there). Yes, but pretty much pointless if OP doesn't actually want to move.

I asked about the same thing, Fred replied here: Premium Advertising Partner Post in thread '0% Tax PANAMA Offshore Company & 0% Tax Dubai Residence with NON-CRS Bank Account & Crypto Off-Ramp - DLS Offshore' Apr 26, 2025 Yes, Panama is more streamlined and I was surprised myself...

The UAE doesn't have CFC rules. PE would be a bigger concern, but in UAE, the risk is probably still very low for now (not sure the authorities even understand their own laws), especially if you don't have local clients.

That's literally what he said he is considering, but he's looking for more legal guidance (which I think is wise).

Basically this.

The thing is - you rely on the bank not reporting you. You give them a UAE address and tell them you live there and not in Sweden or wherever you actually live. But there are no guarantees this will work - they have to report you if they suspect you really live in Sweden (could be a Swedish...

Shouldn't be a problem if you actually move to Thailand and live there full time.

Switzerland has exit tax on companies. I guess it could also apply to Swiss branches of foreign companies - or maybe not? Either way, it could influence your decision. I don't have experience with this, but I could imagine it might be better to just set up a Swiss company and properly wind it...

You can apply for offshore status in HK (if nothing happens in HK), then you don't pay tax in HK. Thailand doesn't tax foreign-registered companies if you don't have local customers. So you only pay tax on your personal income that you bring into Thailand.