Search results

  1. N

    Offshore company from an EU country

    bogdy23, If you make decent profit, Setup a business in Cyprus and become a non-dom resident there. Split your time between Cyprus, Romania, Hungary and Bulgaria. I guess if you have a decent income it is not so hard to rent an Airbnb for 2-3 months in Hungary and Bulgaria. You can ask your...
  2. N

    Malaysian Government Client asking for Tax Residency Certificate for Seychelles IBC-what to do?

    fortunespeculator, Any specific reason for choosing Ivory Coast ? Also, why you want to buy Vanuatu citizenship when there are better passports available for sale like St.Lucia, St.Kitts, Antigua etc
  3. N

    Malaysian Government Client asking for Tax Residency Certificate for Seychelles IBC-what to do?

    fortunespeculator , What "JustAnotherNomad" said is true. If you are the only director and shareholder of the Seychelles IBC and you are performing your works and managing your IBC from " Ivory Coast " then the Seychelles IBC is indeed creating a PE and your IBC is liable to tax in Ivory Coast...
  4. N

    Low tax burden life plan suggestion for freelancer

    @dziter Cyprus Tax Calculator · 2019 | 2020 · Quantia Advisors
  5. N

    Recommendation Malta or Cyprus?

    @jackfrost please share your views on following. Gibraltar holding company - 100% Shares owned by me and I am the sole director Malta Trading company - 100% Shares owned by Gibraltar holding company and I am the sole director of Malta trading company. Myself - Personaly tax resident in Malta...
  6. N

    Scottish LLP need more information and fees please?

    @Alpha P, can you you give some URLs where I can find that LLPs and SLPs don't have to disclose PSCs.
  7. N

    Company registration in Labuan where and how?

    I was wondering for what business you will be using a Labuan company. Labuan got 3% tax ( audited books) or pay flat 20000 MYR ( around 4500$) as tax. And there will be annual fees like registered office, secretary etc. If you are willing spend this much, you are definitely into some solid...
  8. N

    Company registration in Labuan where and how?

    In that case why don't you Incorporate in St. Kitts ?
  9. N

    Company registration in Labuan where and how?

    @hiju, If your company don't need a bank account or primary intention is not lowering tax, why you need to setup a company in labuan?
  10. N

    Company registration in Labuan where and how?

    AEOI is the thing now. Who needs TIEA? You are always required to answer questions from tax department. :)
  11. N

    Offshore Company + Bank + Paypal for Hosting Business

    The issue will be bank account. Who will be the signatory ? If you plan to be the sole signatory will be issue due to AEOI
  12. N

    Offshore Company + Bank + Paypal for Hosting Business

    @BlaZe, talk to a CPA in your place about operating foreign company from India. 1) Determine if its worth to open a foreign company considering your turn over levels. 2) If you are the sole owner/ director of company make sure the company you setup is tax resident in country of incorporation...
  13. N

    Company registration in Labuan where and how?

    I think its something like 57K USD
  14. N

    Company registration in Labuan where and how?

    @moneynetwork 1) Many countries exclude Labuan from DTI. This is true. 14 countries do that. Read Malaysia DTA for Labuan Entities 2) If you need a residence permit, minimum paidup capital needs to be 250K MYR <<< Only if you need a employment pass/residence permit.
  15. N

    Company registration in Labuan where and how?

    Many countries exclude Labuan from DTI. If you need a residence permit, minimum paidup capital needs to be 250K MYR.
  16. N

    Offshore Company + Bank + Paypal for Hosting Business

    @BlaZe, Its not like the way you think. HK will definitely ask you to pay tax. But you may provide proofs that you don't have HK sourced income ( like HK clients) and you will be exempt from HK corporate tax. It doesn't matter you pay corporate tax in HK or not, your company will be treated as...
  17. N

    Offshore Company + Bank + Paypal for Hosting Business

    Don't forget that your country (India) follow a tax system which taxes worldwide income. If you register company in HK, you need to make sure to have enough substance to prove that the company is tax resident in HK. (i.e, office in HK, local staff, director meetings there etc). Otherwise it will...
  18. N

    register company where for banking and paypal account?

    I think Scotland is not a good idea as UK leaving EU. Most likely Paypal will remove EU IBANs from UK /Scott Paypal
  19. N

    Paypal

    Auric, pls PM me your solution and cost
  20. N

    Offshore Company for Forex Signal Provider

    @ForexSignals, You need to live in a country with territorial taxation and prove to local tax office that you don't have any local business or local office. As long as you live in a country which tax worldwide income, you will end up paying local tax rates (So called place of effective...

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu