cfc

Individual in Country A: The individual is not from US, nor Europe, but from a tier2 or 3 country Country A does not have Controlled Foreign Corporation (CFC) rules or Common Reporting Standard (CRS) requirements but does have Permanent Establishment (PE) rules. Country A does not tax passive...

Hi everyone, I have a few questions about a situation I'm encountering and I'm not really sure how to handle this, here is the situation: Let say I have a company in Cyprus, I'm employee of this company and sole director/shareholder, I rent an apartment yearly, I stay in Cyprus 2 months per...

I am a UK resident and will be earning adsense income (youtube). I am looking to create a company and store the income there, without a need to withdraw it. So just want low or zero corporation tax. Not looking to do anything illegal that will get me banned from adsense. 1. Is it better tax...

I will be using a nominee Ukrainian passport holder Spanish resident to create a UK company (100% ownership and director) to receive money from Stripe and send ~80% to Dubai or Cyprus company based on software license agreement. The UK company will not pay any dividends and will make little or...

More and more entrepreneurs turn to offshore companies for a wide variety of benefits. To lots of business people, this is all about reducing tax and diversifying assets. To others, it is about minimizing the overall hassle. If you are "lucky" enough to live in a country with lots of...

Hi all, I am trying to understand better my options, I am trying to expand on my crypto trading activity as an individual, by briging crypto from other people (friends, family, acquaintances...), the thing is I don't want to be responsible for the taxes of other people's crypto assets (I'm in...

If I want to keep tax residency in the current country while having a company in another EU country, the solution is to create an economic substance there. But it seems like it's a problem to hire someone if he/she already has a job, because of limits on work hours. Due to double tax treaties...

Thinking of moving myself and business from UK to Cyprus (I have a UK and EU passport), with this setup: 1. BVI/UAE/equiv. company from which I invoice clients. EMI to receive funds. 2. Personal residency in Cyprus, under 60 day nondom 3. Cyprus shell company for appearances. Maybe run...

I reside in an EU country A and I want to create a company in an EU country B. This company would outsource all its work, so that the only activity for me to do is management. It would have an office in the country B and I would travel there once a month to manage the company there. The work...

Let's say I own a company abroad, with employees, offices etc. and I own a company in my country of residency. If I decide to do a one time contract between these two entities and I'll send money (< 10k EUR) for the rendered services from a company in my country of residency to the company in...

Anyone here has any experience with creating a company in Bulgaria while residing in France or other EU country? I'd hire an employee there to create an economic substance, and I'd declare the company to the country where I reside as I'm obliged to. I will pay myself nothing and keep all the...

Hello, I was thinking about moving to Cyprus and becoming a non-dom tax resident there (plan to actually live there). I wanted to open a Swiss company for trading crypto. Everything is legal and I don't try to avoid taxes or anything. How strict are the CFC rules there, considering that there is...

Hi, I hope some one can answer my question. Here is my situation, I am Domiciled within UK since 2020 April, Resident and Ordinarily Resident. I own 100% of a UK company pay my self a salary (PAYE), take profits and declare my taxes (self assessment) to HMRC both personal and the companies. My...

I'm a software developer working 100% remotely. Currently, I'm living in Malta but I'm thinking about moving to Cyprus. All my clients are currently in the UK. I found that, for some reason, some UK companies are not enthusiastic about working with Cypriot companies (although they didn't have a...

Hello everyone, I am a cryptocurrency trader and looking to set up an offshore company to better manage the profits. I have done a lot of research and Malta or BVI look the most promising. From what I understand, Malta would be 11.66% tax on crypto gains with a 2 company (holding and trading)...

Hello, gentlemen! A newbie here, at this forum. Would really like to hear your opinions and possible advice regarding my situation. We are a UK IT startup, and we are looking for tax optimization. It’s a legit business selling market data online. The reason we are looking for the shareholder is...

Hi guys, I have a couple offshore companies of which I am the director and shareholder. I haven't worried about my name being on documents too much as I am a resident of Panama and don't pay tax offshore anyway. My partner now is wanting to relocate back to Germany and doing so I will get...