Recent content by Leo Vanguard

FZCO with 3 trade licences, Marketing Management, Management Consulatancy and Internet Content Provider. Whats the process like? I'm looking for something that has as little hassle as possible.

Here you go. IFZA Approved auditors. Just to be clear, I used auditors that aren't on the list and it wasn't a problem.

Thanks for the intel. Yeah, this is the negotiated price - only managed to get 750AED off. I have emailed another 19 service providers that where on the recommended list from IFZA, so lets see what their prices are.

In this case (not needing a company point you made), wouldn't Cyprus authorities see the US LLC as personal income and tax it at the full personal rate of 35% - since its a pass through entity and not a corporation?

Good Day Gents. I’m in the process of liquidating my IFZA Freezone company in Dubai and wanted to get some advice on whether the quote I’ve received seems reasonable. For context, my company has been dormant for all of 2024 (the entire tax year), with no transactions or activity. It should be...

This made me laugh out loud

Gets old fast.

I’ve nomaded for 8 years now, and I’m ready to settle down. Perpetual travel will get old when your spending less that 4 months in each country, trust me. The best alternative is 2 home bases with a few vacations every year. That’s just my opinion.

Can you clarify "the risk is very low'? Eg if OP lived in Cyprus and ran an US LLC then got paid into his personal US bank account and used the card for the most part, the risk is low that CY authorities would ever know?

Interesting. I run a publishing company and incur plenty of expenses—paying writers, graphic designers, proofreaders, editors, narrators, running ads, investing in software, and covering staff training, among other costs. If thats the only reason, I’m curious if that would give me a strong...

Thanks Noobness is exposed

Books need to be research and developed?

Hey all, I’m planning to move to Cyprus and live there full-time. I also qualify for non-dom status. That said, I’m stuck in a bit of confusion about the IP Box regime and need some clarity: If my books are sold on Amazon.com (with all sales handled by Amazon USA) and I only receive the...

Following.

I provided them with the lease agreement as well as the form that you fill out initially with the UBO details and company name choices etc (was in my emails with the initial correspondence with IFZA) They accepted it and sent me a message saying that I'm all compliant now.