Recent content by Cari

have some questions regarding tax laws in Paraguay, that could be answered only by the person who specializes in it. Do you have some local contacts?

Hi! Could someone please advise a good tax lawyer/accountant that is specialized in Paraguay's tax laws? Has to be physically based in Paraguay as well. Not migration/residence permit specialization, specifically TAX law. Could be a company or 1 person if you used his/her services and were...

Hi, can you recommend any bank/EMI for a non-resident US LLC owned by a resident of Cyprus? Had previously Wise but it does not work with Cyprus.

Hi! which bank/EMI can open a bank account for a non-resident US LLC owned by a resident of Paraguay?

so it would look like: UBO (tax resident in Panama) - owns Panamanian company (only holding) - non-Panamanian company is doing trading. Than there is absolutely no taxes on it, correct?

by foreigner you mean just not a Panamanian citizen or a tax resident not in Panama?

but how to distinguish whether its outside or in Panama? the trading will be physically done by someone who lives in Panama. Crypto has no physical location. So will it be considered as taxable operations in Panama or not?

Hi! Will a Panamanian company that is engaged in crypto trading be taxed in Panama? If yes, what would be the best set up for crypto trading via a company (could be foreign company) for someone living in Panama?

I do have connection to the EU and that is why I would prefer to be 100% sure what are my obligations. that is the issue. We did request several opinions from the companies that are specialized in VAT. The conclusions were absolutely different. Some say we have to charge it, some say we dont...

From 2025 VAT rules are changing for digital goods. Do you think that starting from 2025 even the phone calls/online calls will have the place of supply in the EU and are going to be subject to VAT? Also, do you know if there is any EU agency, that we could ask directly the opinion whether VAT...

90% of the business we have calls with clients and consult them how to relocate abroad. For the referral it is quite clear, I guess we really have to charge VAT. However, why do you say that pdf file is not subject to VAT and an online call is? I thought it is vice versa. Could you please...

90% of the business is that the client pays, we schedule a 1 hour call and thats it. 10% of the business is that the clients either receives the paper version with the advise or they further receive the service from some of our partners located in the EU. However the payment is done to us, so...

I guess stripe now has to report everything to the tax authorities. But is there a difference if we provide online consultancies instead of pre-recorded? Is it really true that in this case we do not have to charge VAT?

we are doing B2C. The business is outside the EU, as the company in registered in the USA and the manager is also living outside the EU. We received several consultancies regarding the VAT and the conclusion was, that we do not need to charge VAT as long as we do not have the permanent...

yes, we are not registered for VAT. Do you mean that 10K is the limit for the whole EU or each country separately? As if each country separately, in some of it we did not reach the 10K amount of sales and it is still indicated as "exceeded the threshold".