Recent content by OffshoreResearch

I've been told any Delaware company will be always subject to a federal tax of 8.7% calculated over the total revenue once per year but this no longer matter if I'll not be forced to pay VAT when dealing with private customers. I know US customers are obviously exempted by EU VAT while I thought...

At the end I decided to keep both my companies having realized it's the best structure I may use to generate very low taxed and clean income. I admit I'm quite happy to have realized that before it was too late and despite the fact I'll soon close a big deal, I've other interesting plant to put...

I'm thinking to diversify my source of income by setting up an US dropship business where both suppliers and customers will be in USA. I've now a Portuguese NHR residency status. If product stores and customers are both on the US territory, is it legit for me conducting such business through a...

That's fine Martin, thanks for clarifying better this situation so I feel much better now :) BaXtrM, Czech Republic has indeed some interesting advantages for real estate buyers while having to pay upto 23% on the profit is the minor issue. I'll probably study a bit more this market in the near...

In reply to the above discussion, I'm surely serious with my intentions to invest in a single nice property (penthouse or small villa) with a budget a bit under €1M so it's crucial finding the right investment (worth my money) by paying attention to the involved property purchase taxes. I've an...

In the past I heard a lot about people buying real estate in Europe and registering each property to a diff. delaware company to take advantage of the easy ownership transfer/no tax advantage at the time of selling them. Now it's no longer possible because almost no EU bank will open an account...

Getting a bank account may takes 3/4 weeks but the tax accountant does most of the job for you. Both companies have already a double currency account (Eur/USD) at Santander just to say there's really no catch and it's all realistic. Buying an existing company means you'll just need (if you like)...

Hi euinchina, Madeira is for sure the best place in Europe to setup your company if you've an yearly turnover in the 6figure range. Normal taxation is 14.7% while I'm selling a company with a freezone license which grants a flat taxation of 5% until the end of 2027 Freezone licenses are no...

Hi All, I know promotional discussions are not free so I'll do it easy. What's the best way to sell my Madeiran freezone company ? I should look for a broker or there're online services/marketplaces where promoting it ? Thank you.

I've been told by a local tax accountant that as part of the compliance process for any incoming payment, banks asks for an invoice you've issued for such funds and in such way you'll be indirectly forced to declare them. You may probably issue a fake invoice, I don't know but for sure I don't...

Lol crypto7figs :-D I'll be curious to hear some success stories of this kind as well. I'm randomly spending a month or so to Paraguay so far. I'll be back there in the next few months (again) to look for the right property to use for my residency considering last time I saw many great ones but...

Hi all, I've recently acquired an UK Ltd company previously used for an online activity but 'paused' since few years. The company owns an apartment outside the UK and this's the only reason for whom I need to keep it active. What's the best way to take advantage of it for my online activity...

Already thought in the past to Interactivebrokers as another possibility to diversify a bit ... Yes, I'll consider them seriously in the coming weeks. Never tried their service before but I heard a lot of good things about this platform.

Ok all clear now. Thank you

I got you all so just to make a quick recap: 1. I'm already going to open a personal and a company account in Portugal; 2. I prefer moving my Italian funds into a second diff. country just to have funds in diff. places (who knows ...) 3. Considering German banks might be a good alternative too...