Holding company

[markdk]

Hello To everybody

I'm considering to set up an holding company where to incorporate my hkg company ad my uk company and my future italian company

I was thinking about NL or LUX but I'm reading that the yearly maintenance is about 5/6 k x year , is it correct?

Where you would suggest to set up and you have an accountant suggestion and yearly maintaince fee idea ?

Thank to all for yr suggestion!

Have a good day
Marco

 

[Sols]

markdk said:
I'm considering to set up an holding company where to incorporate my hkg company ad my uk company and my future italian company
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Why? What benefit do you seek from a holding company?

markdk said:
I was thinking about NL or LUX but I'm reading that the yearly maintenance is about 5/6 k x year , is it correct?
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At least. All in all, you're looking at closer to 5x”“10x that.

markdk said:
Where you would suggest to set up and you have an accountant suggestion and yearly maintaince fee idea ?
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If you want to keep it in the 5,000 EUR/year range and reasonably reputable (no Seychelles, no Belize), then take a look at Cyprus, Malta, Isle of Man, and Gibraltar. Prices vary but for a simple holding company with no/few transactions, you can probably find something in that range.

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This is the probably the answer to your question.

 

[Fred]

Is it necessary for you to setup the Holding Company in the EU?

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[markdk]

Is not a must but at the same time i dont want to spend 5/6 k a year just for collecting all dividends ..

 

[Fred]

markdk said:
Is not a must but at the same time i dont want to spend 5/6 k a year just for collecting all dividends ..
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Dubai Company Setup

One Time Setup: 7.000€
2nd year renew: 4.000€

Reputation and banking OK for a offshore company with all benefits of classic offshore jurisdictions like 0% tax, no bookkeeping etc.

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[markdk]

If there are no bookkeeping.. why it would cost 4000 eur the second year ?

 

[Fred]

markdk said:
If there are no bookkeeping.. why it would cost 4000 eur the second year ?
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Renew of the Business Trade License.

That's the way how the UAE makes the money without any taxes.

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[erni]

You believe that this works without hassle to convince any UK authority about this is a legit setup?

OP if you have the money I would look into Luxembourg, Switzerland or Netherland, the three countries are well known to be the port into Europe and all are respected countries with great tax benefits and bilateral tax agreements.