Where can i easily start a business in 2023 to save or pay no taxes?

Status
Not open for further replies.

RealDude

💼 Established Presence
Jan 9, 2022
1,154
0
161
Where can i easily start a business in 2023 to save or pay no taxes?
 
Man that's a broad question, if no paying taxes is the only requirement it looks‌ like that the easiest route is Dubai.
 
That is the real question.
Making consistent‍ profit is hard when you start smth new. So after that is being taken care⁠ of, move on to the next step.
 
No one answering his original question!

Dubai would indeed be a good place next to‌ Mexico, Somalia and Costa Rica!
 
UAE is your best choice with little input; indicators like foreign direct investments, global competitive index,‌ GDP growth, and the numerous tax advantages 0 Income tax and 0 corporate tax for‍ FZs are offered only in UAE. IF Properly structured, UAE is the ideal way to⁠ benefit from these tax advantages.
 
I dont like Sharia⁤ and bad air quality.

Mexico was not yet on my radar. Can you tell something more detailed about it, also⁢ in comparison to Dubai and Somalia?
 
I suspect it's‌ because Putin on Su-25, using his accurate russian radar, fired a missle which than broke‍ down your old, clumsy radar. Huh?

P.S.
upgrade your radar 😛
 
Sharia? can‌ you define Sharia? and in what way would that negatively play on optimizing your tax‍ return?
Check out DIFC and ADGM they are governed by English common law. Yes, they⁠ are independent jurisdictions, but under the UAE Constitution, besides you don't have to live in⁤ UAE to take advantage of the tax law.
Saying you don't like it because of⁣ sharia sounds like I don't like Russia because of vodka.
 
Yes, I have. It's too‌ far away. I don't like to fly 10+ hours, in this case regularly
 
Really? U mean I can just fly to UAE and bring/send my income (company dividends)‌ tax-free without having to satisfy minimum residence requirements?

If the above is true, I have‍ some questions:

I am a citizen of jurisdiction A with territorial tax regime and regard⁠ foreign income as tax free. I currently live in jurisdiction B that taxes worldwide which⁤ has a Double Tax Treaty with A.

1) Do I owe income tax to A?⁣
2) Do I owe income tax to B?
 
@Fred and @Gediminas may be the guys to help you with what you need there.

Back to the OQ - if Mauritius is to far away and Dubai does not suite‍ you it will really depend on what capital you have behind you. You may already⁠ have read about Bulgaria and Romania but depending on what money you have available Switzerland⁤ is still a good and safe place.
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu