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Did you do 6 figs transaction already?

Haha sorry. It is a Latin American island in the Caribbean. Should be enough

Does Zenus send the transfer from your name, what about Xapo? I also need to do a transfer from my name, not from the bank

Yes, if company 2 holds the funds, will be they be paying corporate tax?

Individual in Country A: The individual is not from US, nor Europe, but from a tier2 or 3 country Country A does not have Controlled Foreign Corporation (CFC) rules or Common Reporting Standard (CRS) requirements but does have Permanent Establishment (PE) rules. Country A does not tax passive...

why a dividend would raise eyebrows @Sols I paid myself dividends through resolution with a year of operations, and sole ownership too

regarding XAPO, I read that they only send SEPA not wire or swift anymore. I need to send 6 figs USD wire or swift from crypto dividends (all legal) would they be a good pick?

I think this isn't the top tier though. I'm in this tier and I don't feel any closer to being at the top tier... If u have a net worth of $1M, you cannot afford most of the residency visa by investment, also the Bahamas' cost of living can be challenging. The top tier would be 10-30M net worth...

Oh ok, I don't want to go further in this topic. Highly appreciate the answers!

could be considered financial advisory or broker dealer I assume, not just about fund managing

ty for the answer again @Sols Also, not looking to go off-topic, but I've made my accounting in-house. But as I want to prepare for an audit I want to hire an accounting firm, I was asked 5,000 for one year of accounting, which is ~500 transactions of inflow and outflow. Not investment, no...

also interested in knowing more about it. I believe the license would be required if you don't work for regulated funds but have natural customers

What about the details of invoices, do they usually check proof of work? I'm asking because crypto is quite a grey area, and it can be problematic even if someone is doing a legitimate business. The Financial Statement may not be a problem, but I'm afraid things can scale, from an audit to...

The reason is simple: privacy from the public. Nothing else. Also, free tax jurisdiction, which doesn't mean to evade tax, though it simplifies life (audits, reports, etc). Especially if I live in a free tax jurisdiction too. Does the same problem happen to individuals that live in a free-tax...

exactly. where are all the people when it comes a bit more complex structure Could we invoke the experts

Initially, it's crucial to clarify that my goal isn't anonymity, but rather privacy. Furthermore, I have no intention of engaging in unlawful acts: no avoiding taxes, no criminal endeavors. Considering this, is it practical to use a Nevis Holding IBC as a shareholder and/or director for...

up. interested in

do we have any topic just about the source of funds / source of wealth? And how to move to a 0 tax country since you need to have some wealth as a requirement to be a resident. let's say investing XXX thousands. How problematic it may be not to have sourcing of funds at the moment you are...

We still have many important questions to discuss. I'm still at 0. Let's use this thread for good. I'm sure there are a lot of people at the same situation.

Wow, solid answers! Thank you very much everyone, I'll answer each one No, I don't owe any taxes because I never declared and haven't sent much money to bank accounts. I spent a couple of years traveling offshore. But is there any way to have a definitive answer? I don't know if I owe taxes...