stay far far far away from Denmark, I warn you, this country isn't friendly to any local or foreign entrepreneur! Check my threads about this country, stay damn out of it og don't be surprised if you get raped and taken hostages in fabricated tax evading cases.
Danish holding companies can be quite attractive for exits. There are special rules you can use to end up paying little to no tax in the event of an exit. I've seen a couple successfully executed.
I think Sweden stands out for its banking.
Cyprus is great if you get residency there.
Fully agreed. People sleep on the Nordics in general. They are tax hells for natural persons who are tax resident there. But for setting up holding companies or ”” depending circumstances ”” are trading entities, they're not too bad once you get over the initial setup burden as it's all heavily catered for residents.
Both are good options and while both are known for tax planning, they don't have especially problematic profiles.
Do you have in house legal and tax advisors?
Not in-house, but using Deloitte for tax compliance and some unknown lawyers for the legal matters. Both partners have also created a plan for me, which they believe I should follow, after, of course, I've invested a fortune into it and had quite a few meetings. However, as I've been reflecting on things, I did some Googling and stumbled upon this absolutely wonderful forum that I'd never heard of before.
stupi#21
Change tax advisor and you will already improve your situation.
This is, of course, not true; yet it was sufficiently reflected in the posts above.
yeah I would really like to know the amount.
In my experience, there is no level of advice or type of connections Deloitte can provide that someone cheaper and/or someone more specialized can't do.
