Do i have to pay tax with UK LTD and Wise?
- Thread starter vvvictor
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Yes
Yes
Generally people come to the forum to share and discuss issues and seek solutions in some cases. It helps others facing similar issues when the discussions are held in public.
Yes
Generally people come to the forum to share and discuss issues and seek solutions in some cases. It helps others facing similar issues when the discussions are held in public.
This will not help.
What exactly are you looking to do and where are you tax resident?
You should first work within your countries tax code to see if there is a legal way to reduce or even eliminate tax you have to pay. Secondly if this is not possible then you need to investigate relocating to where you do not have to pay tax.
What exactly are you looking to do and where are you tax resident?
You should first work within your countries tax code to see if there is a legal way to reduce or even eliminate tax you have to pay. Secondly if this is not possible then you need to investigate relocating to where you do not have to pay tax.
That's really unfortunate tax saving wise 🙁.
No
P.S So you didnt get the answer you liked so you created a new thread below ns2
https://www.offshorecorptalk.com/threads/best-solution-for-receving-€20k-month-with-emi.33959/
No
P.S So you didnt get the answer you liked so you created a new thread below ns2
https://www.offshorecorptalk.com/threads/best-solution-for-receving-€20k-month-with-emi.33959/
What are you meaning with this? It seems worse that it is..
Do you have a good solution? Do you want to be a shareholder?
Because they have more info and its about EMIs
Im understanding all better but clearly i need a good guy that explain me all better! Maybe without change residency lol only structuring all better like Advcash in Belize or something like that
Do you have a good solution? Do you want to be a shareholder?
Because they have more info and its about EMIs
Im understanding all better but clearly i need a good guy that explain me all better! Maybe without change residency lol only structuring all better like Advcash in Belize or something like that
Exactly what I said.
No
Without a change residence you will end up spending lots of money on creating a structure to ensure all your business activity is done at arms distance from Italy and yourself to escape the Italian tax net.
No
Without a change residence you will end up spending lots of money on creating a structure to ensure all your business activity is done at arms distance from Italy and yourself to escape the Italian tax net.
So what do you suggest? Where I can get residency with a max of 5% of corporate tax? How much it can cost?
I was looking for a corporate structure like advcash (I think is a good example) or something like google(?? idk) in bermuda plus other companies under licenses. I dont know how much it can︀ cost..
I was looking for a corporate structure like advcash (I think is a good example) or something like google(?? idk) in bermuda plus other companies under licenses. I dont know how much it can︀ cost..
What business are you into and where are your customers based?
You could for example just move to a country with a remote worker program. Pick one where they do not tax your foreign income. You can then use a service in EU to engage your customers and pay you your earnings. But again it depends on the type of business you are doing.
You could for example just move to a country with a remote worker program. Pick one where they do not tax your foreign income. You can then use a service in EU to engage your customers and pay you your earnings. But again it depends on the type of business you are doing.
I have an advertising website also with premium services so I need to get payment with sepa o swift and from stripe or PayPal... Its a mess, nothing simple here lol With workers is can take Italian one that works with P.IVA so they pay taxes in Italy, its not a problem
Doesn't sound like that sort of business will generate enough income to make it worthwhile going offshore.
Being an online business, you can form a limited company and create some substance abroad. You will have resident director but you will held 100% of equities. You will pay corporate tax in the country of incorporation (and substance), that hopefully has been chosen to be a low corporate tax country, and you will liable of personal tax when you pay yourself but you can delay this until you move, even temporarily to a lower (or zero) personal taxation country.
You can PM me if you want some examples
You can PM me if you want some examples
Thanks for your time, I have already a UK LTD, I'm trying to understand something in detail and move well.. but I have to study
Thanks you too, yes maybe, im curious to know your︃ opinion and other examples. Yes I think this is the kind of reply that I︄ went waiting.. tell me if im right, so I will pay tax in both countries︅ or only in the substance country? How is it possible to set up a company︆ for low corporate tax and at the same time another with 0% on personal taxes?︇
PS for PM its not possible, im planning to but the mentor group plan because︈ I like "these things", so until then i think you can just write on my︉ profile. Thank very much
Thanks you too, yes maybe, im curious to know your︃ opinion and other examples. Yes I think this is the kind of reply that I︄ went waiting.. tell me if im right, so I will pay tax in both countries︅ or only in the substance country? How is it possible to set up a company︆ for low corporate tax and at the same time another with 0% on personal taxes?︇
PS for PM its not possible, im planning to but the mentor group plan because︈ I like "these things", so until then i think you can just write on my︉ profile. Thank very much
In shorts, you pay corporate taxes where your company has substance and it is controlled. You pay individual tax where you are resident.
Even shorter, if you plan to be resident forever in Italy, there is no much planning to do. You either pay your tax, or you break the law.
if you are considering at one point and, even not permanently to move, then there planning opportunity as you can shift your individual tax to when and where you move.
Even shorter, if you plan to be resident forever in Italy, there is no much planning to do. You either pay your tax, or you break the law.
if you are considering at one point and, even not permanently to move, then there planning opportunity as you can shift your individual tax to when and where you move.
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