Hello guys,
Im island country passport holder, and my tax residence is Thailand, so i dont need to pay personal tax for foreign income.
I have a BVI offshore company, selling software online, at the moment i only accept bitcoin for payment from there, so i dont pay corp tax as well.
question 1: If i do a lot of revenue, e.g. 1 million $ monthly, but i dont pay any tax at all, is it 100% legal ?
question 2:
My goal is do not pay any tax. If i want to receive bank wire transfer payments from clients instead of crypto payments, is it possible to find bank can open company bank account for my BVI offshore company, and which can receive 1 million $ per month, and allow me to withdraw to my personal bank account by dividends for long term?
Thanks in advance
BTW: Dubai company doesnt work for my case, as im selling VPN related soft, in Dubai is not allowed.
Last edited: Mar 27, 2021
Im island country passport holder, and my tax residence is Thailand, so i dont need to pay personal tax for foreign income.
I have a BVI offshore company, selling software online, at the moment i only accept bitcoin for payment from there, so i dont pay corp tax as well.
question 1: If i do a lot of revenue, e.g. 1 million $ monthly, but i dont pay any tax at all, is it 100% legal ?
question 2:
My goal is do not pay any tax. If i want to receive bank wire transfer payments from clients instead of crypto payments, is it possible to find bank can open company bank account for my BVI offshore company, and which can receive 1 million $ per month, and allow me to withdraw to my personal bank account by dividends for long term?
Thanks in advance
BTW: Dubai company doesnt work for my case, as im selling VPN related soft, in Dubai is not allowed.
Last edited: Mar 27, 2021