Recent content by saponaire

There are quite a few people that live in the 100km radius from LI and have lumpsum. It's a no brainer if you actually go to Liech or you have someone in the office there.

SCP shield you from any US inheritance tax in case any of your business touches US - Monaco SCP is a very cheap wrapper. If inheritance is not a concern, then could just use the US LLC. I don't see personally any need for a guernsey company (unless he wants to own these assets through a trust -...

@baltic7 what was your resolution?

1) You don't need the guernsey setup 2) I would suggest you setup a Monaco SCP (it's a transparent company, civil company - so not taxed), check-the-box to make it opaque for US tax purposes 3) make the monaco SCP own the US LLC I would be curious on how your setup went!

what did you end up doing? also why cayman?

I guess Singapore won't be tax free though?

didn't age well

What are the costs for these services and most importantly, do you think they are really a workable solution to prove "substance"? I am not sure how much corporate services can be considered substance..

Sorry, BVI wont work with participation exemption, it must have a DTT with italy. Romania might not impose, but the individual must pay 26% in Italy on any dividend they receive.

Note that 26% is on the final gains whenever you want to distribute the $$ in the company, ideally you never do that and you take loans against it or you pay some deductions.. If you do your setup Marzio, you end up paying the 26% anyway in the form of dividend tax at the personal level. The...

the only legal way for you to do this and save taxes is: * Setup an italian SRL * Setup a foreign company, let your SRL be the shareholder of this company and have other people (directors + employees) running it from a favourable jurisdiction (ideally with a DTT with italy) with office bank...

do you have any reference to this?

why are people recommending UK non-resident LTD?

how realistic is the worry about hong kong? also you don't really have to travel there with resident directors

Why not looking into Hong Kong? Seems like a cheaper setup.