Recent content by Nw1

Because self assessment is at year end with tax payment at year end so why pay earlier?

No it doesn't happen currently I don't think any country still has automated tax collection instead of self assessment they should give people option to choose self assessment or automated collection at year end

The problem is as a director you are financially liable for 3rd party errors/mistakes or otherwise whoever submits the audits/accounts/tax docs etc and each country has like 5 or 10 years within which tax authority can come back and say oh wait we accepted your submission but upon double...

If it was automated tax collection from company bank account by tax department and no need for calculations, documentations, fines etc then I wouldn't care as long as it is very low amount and taken at year end not on advance tax basis.

Can I please know a list of these banks so I can check with them if they are capable to open account or not

This be facts "people do more due diligence before putting their money in a crypto sh*tcoin than they do before putting their money in an offshore bank in a bankrupt banana republic." I guess when people here the word bank they feel more safe since normally banks are highly regulated with tons...

The long term solution if you are willing to move is to basically obtain citizenship or long term business visa in a 0 tax country. And once you have all things fixed in place renounce your German citizenship. You can still get stuff you want done in Germany through your family members or friends.

His earnings are received in his crypto exchange account-> Recommend him to move that earning to another CEX or cold wallet or if that CEX went bankrupt he basically worked for free... EU also halts any USDT trades Since he not update his KYC crypto exchange won't know as long as he uses an IP...

Wait who approved their banking license? And which country are they incoporated in? How can they not have a 3rd party audit publicly available since most central banks require this as ongoing requirement to renew license for next year...

It can if a US LLC can cost 150-160/year there is definitely other countries with lower or closeby costs. Besides there is 252 other countries/dependancies besides US and only need find around 5-8 countries that work and fit requirements and your pretty set for a decent time until law makers...

It is per year for audit and final accounts prep, bookeeping we do internally. Done by a firm not a single person

This would work if an individual lives in a tax free country else since this is regarding as a tax transparent LLC where all income made by LLC is as individual income so then not taxable in US but will be taxable in resident country(even if not take out the funds from company if I am not...

What is SO ME do they have a website never seen it before?

Is there any direct banks that accept foreign individuals or companies to open bank account completely online? And use banks products like FD/GIC/Loans etc EMI are decent but their long continuity is uncertain and if they have AI algo running on accounts random blocks/closures can happen so...

Does the cards have cashback and points accumulation or this is just vcc?