HK vs. Cyprus vs. BVI vs. Seychelles
- Thread starter Alex4Days
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Hello,
e-commerce and software licensing: it depends on where customers are based.
Online membership: St. Kitts and Nevis or SVG or Belize or US company with double name system (with European customers).
PS: This is my opinion.thu&¤#
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What is it exactly you are looking to achieve?
Last edited: Nov 27, 2017
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Thanks for the quick answer! The customers are going to be from EU and i really dont want to pay any VAT.
Thank you too for the quick answer!
My goal is pretty simple: zero taxes
Hello.
A company in St. Kitts and Nevis or SVG or a company with a double system name can be a good solution.
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Zero Taxes is the goals of many here! It's possible to achieve, however, you forget about personal worldwide income tax which is applicable regardless where you setup your company. Even with a company in Somalia you will not be able to avoid personal income tax legally. Sooner or later they will catch you. Ofcourse all this depends on how you setup things, however, if you open a real bank account for this company they will catch you sooner or later.
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The income tax is close to 40-45% in the country i am resided in right now. I am willing to move some where else to skip this bulls**t.
I don't want to hide anything or get "catched" just have a legal company registered in a country with zero tax and reside in a country with zero personal income tax. From what i read Cyprus has 0% income tax. Maybe move there?
Why dont you just register a business in Belize? Why use personal bank acc or worry about personal income tax?
you want to relocate to Switzerland.. I'm in the process right now to do so because where I live they pay 60% income tax 🙁 f**k it.
Cyprus non resident Company would work for you in this case. You don't need to register for VAT (I know they say so, but f**k it) and you don't have to pay tax there!
damn... 60% is seriously robbery
I dont need to pay corp tax when registered as non-resident owner?
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