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]

Why? What‍ benefit do you seek from a holding company?

At least. All in all, you're looking at⁣ closer to 5x–10x that.

If you︀ want to keep it in the 5,000 EUR/year range and reasonably reputable (no Seychelles, no︁ Belize), then take a look at Cyprus, Malta, Isle of Man, and Gibraltar. Prices vary︂ but for a simple holding company with no/few transactions, you can probably find something in︃ that range.

 

[Fred]

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

 

[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]

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.

 

[markdk]

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

 

[Fred]

Renew of the Business Trade License.

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

 

[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.