Private Investment Company needs

[VSR]

Hi there,
As french tax resident, I'm looking for creating a structure for managing my investment.

This is not for my professionnal activity (I know at this level I have to leave france Quickly for lower my income taxes !).

I want invest in term deposit, stock market, p2p lending and so on as name of this company, not on my own, in order to get less taxes on dividends, interest, capital gains, and so on compared to french tax laws.

I think about either Cyprus with substance (don't think its mandatory cause its not for my professionnal activity) or Georgian structure.
Maybe another way according to you ?

Investment capacity per year : 60-80000 EUR


Many thanks.

 

[onemansomewhere]

60-80 K to invest is nothing. If you earn 10 % p.a. on it, it will not cover costs of having any reasonable structure..

 

[VSR]

Thanks Oneman, and according to you, from which amount I can think about a proper structure ?

 

[onemansomewhere]

1 Million Eur and more

 

[VSR]

So everyone here invest a minimum of 1M yearly ? Good to know 🙂.

Don't think every small business seeking out better structure for lower taxes earn 1M at least.

 

[onemansomewhere]

No. Many people here has a lower money. But the most of peole here has that money as profit. Not as amount to invest. If you invest 100K and your profit is 10 %, it will not cover a costs of any reasonable structure. Math is math.

Sure, many people are trying to find a solution, which is fast anc cheap. To be honest - this is just a dream. Many people believe, they will find a trasure one day. Or they believe, they will win a lottery.. And they are searching a ways all their life.. But it does not mean, it will happen,,

 

[Vesemir]

Hey there,
I'm not an expert but as I can see the easier and cheepset way to resolve your need is open an individual account by a brooker in a NO CRS country.

Pay attention that any type of Company-structure could be ok in 2020 but not next year.
So if you don't invest milions is too expensive to have a strucutre for your save and keep on update it .

But waiting for expert here that can confirm or not what I have wroten.

 

[VSR]

Thank you oneman and Vesemir.

My main goal is to diversify and above all protect assets, regardless of amount.

 

[reesek]

you can do an uae entity and get there a residence on top

 

[onemansomewhere]

reesek said:
you can do an uae entity and get there a residence on top
Click to expand...

Costs of incorporating a company and obtaining UAE residency .. takes at least 7000-8000 USD. And to keep it, there are costs up to 6000 USD pre year,,
He has 60000-80000 Eur as his investment portfolio. It means, if his investment porfolio earns 10 % profit every eyar, yur solution will be a loss for him..

On top of that.. just having UAS residency does not mean, person will be a tax resident. To become a tax resident, person has to own or have rented reasonable residential property and stay in the UAE at least 183 days per year..