Many countries take advance income tax quarterly for example Costa Rica, Honduras, Trindad and Tobago, Philippines, Singapore, Malta, etc
Estonia taxing undistributed profits in 2026 where people will go to now?
- Thread starter Nw1
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This would be case if the related foreign country has PE rules in their tax code and follows them to the T, which is the case for most expensive yearly cost options which have lots of regulation and enforcement. And US is a place that would enforce all that quite closely so reluctant on setting up there as their tax code is well written and lots of regulations
Yes, so where do you live now?
I collect bank accounts, sim cards, companies. Trying all once. I am still trying to help you. But to be fairly honst, even in Estonia, you had to do accounting and maybe even an audit if your turnover is accurate. How much did you end up paying with your Estonia setup? I can then look for a viable solution. If you tell me where you are based, it would help as I can then further look into viable routes. You can PM if you want.
I want a no PE rule or low PE rule enforcement region as company revenue and earning needs be seperate from me, UBO etc can be me no need be anonymous
Estonia yearly cost is like $150 state annual report, $80 audit costs, there are the repeating costs
The landscape is constantly changing and there is always more people who are more in the know so looking to learn and implement
And this Estonian situation tons of people would be looking for a solution or already found an ideal solution
$80 audit. You mean, you paid a Pakistani guy on fiverr to do your accounting and fall under the audit requirements and the Estonian government did not check?
Wish it would be that easy, cost would be much cheaper too. Using a registered international audit firm that holds related accounting qualifications and aware of related accounting/tax rules of country, simply bundle up all new companies to same firm get discount for new entities since lower transaction volume
No no lol I meant when make another new company in new country or same country then give that business to same audit firm and get deal to reduce audit cost for it
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