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That was in 2018. Not a resident of Seychelles.

I used Wise for Seychelles without issues. That isn't the case anymore?

I got the confirmation from the tax lawyer and you are right. If more than 50% of the company is owned by a Romanian tax resident, then it would be taxed as a Romanian company. This can be avoided by having the management handled, at least on paper, by at least 3 people. What are the risks of...

Thanks, Sols, for the detailed answer. It shed light on my situation. I understand that if I want a merchant account with EUR payment processing my business needs to be based in the EU. I will consider Cyprus and Malta. I don't plan to practice any kind of evasion, just looking for a way to not...

Hi, I'm a bit lost. I subscribed to the mentor group membership in order to get some insight. Did I ask the wrong question or did I post in the wrong place?

Hi, I would greatly appreciate your help finding the best tax optimization setup for my needs. I plan to register a company in an offshore jurisdiction. I'm a freelance IT programmer and I have clients from Singapore, USA and Europe. I plan to use Wise as a bank account. I had a Seychelles...

Isn't opening a company in Seychelles an option? No tax for foreign-sourced income. 8% tax on dividends. What am I missing here?

I believe social security & health insurance is for Romanian residents only. It would make sense that way. So what you are saying is that in a country that taxes on worldwide income if that income is not declared but having it reinvested/stored in a business account EMI will still be reported?

3% sounds nice but you also have to pay 5% for dividends plus the mandatory social security & health insurance, plus accountant

Hi, I've been trying to figure out the correct answer to this question but I'm still confused and I hope someone with real experience with offshore companies could enlighten me: I'm opening a offshore company with an off shore bank account. At the moment I'm planing of using a combination of...