Is it worth to form a Company in lower tax countries such as Malta, Cyprus, etc with estimate turnover of 100K? I'm a tax resident of a country with 40% tax rate. Thanks for your inputs!
Company Formation with 100K € / year Turnover
- Thread starter elaine053099
- Start date
- Status
I agree with what is said here already. You better consider to relocate if you want to safe in taxes. Otherwise you may speak with a local tax advisor in order to get help to reduce your current tax burden. Most often they are able to help with something at least.
I see in your profile that you're from "DE" so I guess that's Germany/Deutschland.
In your case that's simply not possible as they will figure it out and you'll end up in serious problems.
You can either move/relocate to Bulgaria or Romania for eg. or stay there and find a way how to optimize your setup as much as possible.
In your case that's simply not possible as they will figure it out and you'll end up in serious problems.
You can either move/relocate to Bulgaria or Romania for eg. or stay there and find a way how to optimize your setup as much as possible.
No.
Forget about it. Talk to a good tax advisor in your country about what you can improve in your own country.
Forget about it. Talk to a good tax advisor in your country about what you can improve in your own country.
I have to agree..... not worth it because too expensive. Better to optimize taxes in DE, there is plenty of possibilities with a good tax consultant. Setting up something in BG for example makes sense when we are talking about 150 k turnover net. Good luck!
- Status