Luxembourg company setup, what's your thoughts?
- Thread starter blizz
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Nonsense. Without substance in Luxembourg, the whole thing would always be taxable where you live.
It is not possible to live in e.g. Germany, register a shell company in some other country and reduce your taxes that way. You will always be taxed as if︀ the company was registered in the country where you live.
Exceptions would only be if︁ you can prove that you actually work from the foreign office every day, but who︂ will believe you, unless you live very close to the border...
It is not possible to live in e.g. Germany, register a shell company in some other country and reduce your taxes that way. You will always be taxed as if︀ the company was registered in the country where you live.
Exceptions would only be if︁ you can prove that you actually work from the foreign office every day, but who︂ will believe you, unless you live very close to the border...
OK, I've had it differently (from experience), but you're the boss, I guess. It's like online trading is not a thing these days and we all need to go to the phone desk, or better, the stock exchange booth, waving our hands and papers asking for trades to be filled. I'd only suggest, if I may, that you actually go to Luxembourg, and ask a few corporate and fund creation shops around (CreaTrust and Andbank come to mind). You might even get a discount for going in person. I'm not going to continue arguing with you. I only post when I have something to say,︀ usually because I've lived it and may share the experience with others here, as a︁ thanks for the many contributions and help I've received from this forum for quite some︂ time now.
NVO
NVO
Your experience then means you simply weren't caught. This is a big problem - people running illegal/non-compliant setups and just not getting caught, believing what they did is correct, and then recommending it to others.
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