IT LLC to offshore

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That's reality. It is better to‌ face the truth than to receive a letter from tax office.

In any case why‍ don't you consider moving to Switzerland or San Marino?

Both are pretty compelling options for⁠ those who want to stay as close as possible to Italy.
 
Marzio said:
That's reality. It is better to face the truth than to receive a letter from tax office.

In any case why don't you consider moving to Switzerland or San Marino?

Both are pretty compelling options for those who want to stay as close as possible to Italy.
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i already have a setup that needs the italian LLC. I just wanted to "upgrade" it for better taxation.

thank you all for advises, i will considering them.

but what i do not understand after all, for what reasons are then the anonymous LLCs and all the other stuff offered here? because in my opinion they could be used in my case. i just have to say "i got frauded" and the money is somewhere on an anonymous LLC... just for example.
 
i already have a setup that needs the⁤ italian LLC. I just wanted to "upgrade" it for better taxation.

thank you all for⁣ advises, i will considering them.

but what i do not understand after all, for what⁢ reasons are then the anonymous LLCs and all the other stuff offered here? because in︀ my opinion they could be used in my case. i just have to say "i︁ got frauded" and the money is somewhere on an anonymous LLC... just for example.
 
Because there will always be the white side and the black‍ side of doing things.

You decide, based on your risk appetite, where you want to⁠ be.

Then you'll have to pay Italian taxes and look for a tax accountant that⁣ will help you reduce those taxes.
 
In most jurisdictions, you have UBO registers and have to report the UBOs (beneficiaries).
Using such⁤ entities without reporting yourself as UBO is often considered illegal money laundering. Achieving anonymity legally⁣ is more complicated.
 
It sounds⁢ like this is something you have experienced and would like to avoid, while also warning︀ others against making the same mistake.
 
Don said:
In most jurisdictions, you have UBO registers and have to report the UBOs (beneficiaries).
Using such entities without reporting yourself as UBO is often considered illegal money laundering. Achieving anonymity legally is more complicated.
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isn' t it impossible?
 
And what's the end goal?
Have the money back in Italy in cash?
Have it‌ in some bank account?
Crypto?
 
Get UAE residency and move your company abroad (switch to US/UK LLC). Update your tax‌ information on bank accounts so your data will be reported to UAE as per CRS‍ (better if you get a Second Passport). Try to live in Italy less than 186⁠ days a year or in any case not suggest that you have any ties with⁤ your homeland. Enjoy.
 
Well, I'd call them "Agenzia delle Uscite" più che delle "Entrate"....
(sorry italian stupid pun)‌
 
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