Benefiting from offshore companies to pay lower tax.

[deraty]

I am from Turkey and I am opening an account in forex firm "IC Markets"‌ Seychelles branch.

What I want to ask is: What and which location can I incorporate‍ in order not to pay or pay lower tax? And I also want a debit⁠ card in that anonymous company name. I looked Seychelles and it costs 600 USD for⁤ company formation and similar yearly fee. Do not ask the debit card. Belize: Even that,⁣ exceptionally worse: 9.000 USD . These are all out of my budget. These are all⁢ out of my budget. I want a country with no taxation treaty with Turkey.

Can you route me to a cheaper way to open an anonymous company and having a︀ debit card in that name?

I want proven reliable companies. Thank you in advance.

I hope someone will help.

 

[bigdaddyleon]

the Seychelles participate in CRS reporting.
I think this could backfire badly.

If I were‌ you, I would rather suggest a company with substance, e.g. in the UAE.

 

[deraty]

Thank you so much for the help. But it is out of‍ my budget. It is around 2.500 USD. Not worth trying. Same or more than the⁠ tax I will pay. I look a compayn around 300 USD. If there are a⁤ little bit higher costs I would agree that. And seperately I will need bank account⁣ linked with this company without my name. I want a costly option for that too.⁢

 

[bigdaddyleon]

if you find a offer for 2.5 its already really cheap.

I think⁣ for you at this time it would be easiest to pay the taxes.

With 300$⁢ per year or a little more you can't build up a safe company construct.

 

[deraty]

Thank you so much Bigdaddy Leon.

 

[TheCryptoAnt]

If everything you are gonna do︃ is financial you can look at Singapore.

UAE is good too.