I wonder if anybody is familiar with some legal matters related to Limited Companies (societe anonyme in French, Aktiengesellschaft in German) in Switzerland. Someone (say Mr. Fox) would open the company and be the administrator of that company. I would put $1 M. of my money into the company, invest the money and pay all the necessary Swiss taxes. I would be a staff of the company and pay myself a salary (which basically comes from the dividends of my investments) and pay all necessary taxes on this salary.
I would be living in France, and the office of this company would be in Switzerland. I would go to the office (in Switzerland) whenever i would have to make some changes in my portfolio.
I talked to a tax adviser, who told me that the French tax officers would not agree to this arrangement. Since I live in France, it would be obvious to them that I only opened this company in Switzerland to avoid paying French taxes, so I would be involved in illegal tax avoidance.
My question is how the French tax authorities would find out whether the $ 1 M is mine, or of the administrator (Mr. Fox), or of whom. To me it seems that the money belongs to the company, so how would anybody know whose money it actually is?
Shareholding is no longer anonymous in Switzerland, so the tax authorities would know who are the shareholders of the company, but the government only has the name of the administrator (Mr. Fox), right?
By the way, before the money is invested into this company, it wouldn't be in France. I would transfer the money from (say) Singapore to the Swiss company, without passing from the French authorities.
I would be living in France, and the office of this company would be in Switzerland. I would go to the office (in Switzerland) whenever i would have to make some changes in my portfolio.
I talked to a tax adviser, who told me that the French tax officers would not agree to this arrangement. Since I live in France, it would be obvious to them that I only opened this company in Switzerland to avoid paying French taxes, so I would be involved in illegal tax avoidance.
My question is how the French tax authorities would find out whether the $ 1 M is mine, or of the administrator (Mr. Fox), or of whom. To me it seems that the money belongs to the company, so how would anybody know whose money it actually is?
Shareholding is no longer anonymous in Switzerland, so the tax authorities would know who are the shareholders of the company, but the government only has the name of the administrator (Mr. Fox), right?
By the way, before the money is invested into this company, it wouldn't be in France. I would transfer the money from (say) Singapore to the Swiss company, without passing from the French authorities.
