Irish Offshore company is there a tax haven?

[AMD]

I wonder if there is a tax haven in Ireland or is this something old which does not work any longer?

Does they signed agreements to exchange information with the rest of Europe and USA?

Anything positive to say about Irish company formation in tax and privacy matters?

 

[CaLViN]

Are we talkin about LLP here ?

 

[Clip]

The director is public, not the shareholders. Dont pay taxes for the first three years if its a tech company, and pay only 6.25% after that.

Toggle signature
Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams

 

[fshore]

GiGoGo said:
The director is public, not the shareholders. Dont pay taxes for the first three years if its a tech company, and pay only 6.25% after that.
Click to expand...

Do you have links with about that?
Maybe you refer to the reduced tax if you have some Irish employees?

 

[TurnedToRobot]

GiGoGo said:
The director is public, not the shareholders. Dont pay taxes for the first three years if its a tech company, and pay only 6.25% after that.
Click to expand...

This can be setup remote or personal visit is required! How do we have to proof that it is a TECH FIRM?

Toggle signature
NOTE ADD BY ADMIN!!

This account has turned into a ROBOT account because it has lots of useful threads and posts. It is a locked account with no access by any human, means you won't get any answers.

!! Advertising !!
!! Total Privacy and Anonymity - Mentor Group !! || !! My Private List of Trusted Service Providers !!

 

[Clip]

The setup can be done remotellly, but the director needs to be a EU resident or pay 20k USD as deposit. No need to proof is a tech company but they can fine you if they notice you are not

Toggle signature
Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams

 

[busdriver]

What is a TECH company in that regards? What is TECH? Any link to check the rules?
Can a TECH company have a side business ? 😉

 

[Clip]

https://www.nathantrust.com/insights/3-year-tax-exemption-for-startup-companies-in-ireland
Seems can be any startup that meets the criteria

Toggle signature
Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams

 

[fshore]

It comes with some restrictions, you'd have to have 8 local employees.

Quote: The amount of employer's Pay Related Social Insurance (PRSI) a startup company pays must be a maximum of €5,000 per employee and €40,000 overall in order to fully avail of this tax relief.

 

[abdulkaddir]

I think the company setup can be done remotely, but the director needs to be an EU resident or pay 20k USD as a deposit.

 

[Clip]

fshore said:
It comes with some restrictions, you'd have to have 8 local employees.

Quote: The amount of employer's Pay Related Social Insurance (PRSI) a startup company pays must be a maximum of €5,000 per employee and €40,000 overall in order to fully avail of this tax relief.
Click to expand...

I know some doing that without employees

Toggle signature
Expat in Hong Kong - There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. - John Adams

 

[bountymounty]

So 8 employees are required to maintain a company in Ireland? are you 100% sure about that?

Can you be more clear about what other requirements there may be?

 

[fshore]

bountymounty said:
So 8 employees are required to maintain a company in Ireland? are you 100% sure about that?

Can you be more clear about what other requirements there may be?
Click to expand...

No, that was to get the reduced tax rate for tech business. Normal rate is 12.5%