Hello!
Can a UK tax resident (who's also a bona-fide UK resident, with life and fulltime employment established in the UK) justify opening a company elsewhere for the purpose of having a mobile app business, publishing on Google Play and Apple App Store?
The work that goes into the company...
Hello folks,
So I was thinking the other day about the possibility of combining a truly tax-free setup with both Singapore and Estonia.
Establishing an Estonian company first: Estonian law allows me to reinvest money into new businesses/startups.
Opening a Singapore company: By having the...
I stumbled upon this post by @Don
Quote: EE company with a PE in CY can redistribute the profits of the PE to the shareholders tax-free. And in the case of trading securities, there is no capital gains tax in Cyprus, so the overall tax will be 0%.
Do I understand this correctly:
Estonia...
Hi all,
I have an Estonian company with high 6 figures of retained profit.
Is there a way to cash out without paying the corporate tax? (which is increasing next year).
It's fine distributing some as dividends but I'd prefer not to do it for the whole amount.
I’m not in a rush, so it can...
I have a Disregarded SMLLC in the USA and plan to sell it to a new Estonian patrimonial company which will act as an Investment holding.
As far as I understand, all profits from the LLC will pass through the Estonian company, and I can use it to increase my heritage. While I don't get money...
Three partners, Spanish nationality and residence. Currently with a UK Ltd but without income or billing as we had not yet closed any deal so far.
We put buyer and seller in contact, they make a contract for the supply of material and we take a commission for each purchase made by the buyer...
Good afternoon everyone! Maybe someone could share the contacts of registrars who sell ready-made Hungarian companies (Slovakia, Lithuania, Estonia are also suitable). The main problem is that there is no opportunity to come to the country of registration and the process can only be solved remotely.
Hi guys, I have an Estonian company and it finished its operations and however it has 1.5M Euros in its account. How can I move this amount without paying CIT etc.?
The company has 2 shareholders., both are non-resident natural person. So if we pay this amount as dividends, 25% tax cut will...
Hey, guys!
Where should a tax resident of Tunisia register a company to save maximum taxes?
The company will provide marketing services to a client in Germany. The annual income is around EUR 100.000. Currently services are provided by Tunisian company.
I was thinking between UAE or...
#USA #EU #VAT
Hi,
I founded a tech company in Estonia. We operating international website where users can buy contents (pictures & videos).
If i have company with residence in Estonia (EU) but customer from USA and make a (B2C) purchase on my website, do i have to pay VAT to USA? (Based on...
Hello guys,
I have been reading about this, but I haven't found any answers for those specific questions. I heard so many things outside, not in this forum, some are stupid, but I need to know those answers before I proceed to the next decision in my life.
1-can a foreigner has two residencies...
Digital nomads used to be considered the luckiest people in the world – work online and travel around the world as you do it. With the recent coronavirus pandemic, more and more people turned to work from home, and it actually worked well.
Homeschooling also became an option, so the trend is...
I am looking for an jurisdiction for crypto trading. The islands with 0% fees have their disadvantages so I started to consider Estonia. I am wondering what would happen tax-wise if I open a company in Estonia and I:
1) live in Bulgaria
2) travel in different EU countries (or other countries...
Hello, This is my First Post in this awesome forum :D
After couple days research is my conclusion valid:
For e-Residency Estonian company that wants to offer Crypto Payments to the customers and has Transferwise account is this the best option:
1. Customer comes to the website
2. Pays with...
Hey all
Pretty much what the subject says - I did a quick search on the forum and couldn’t quite find much about this topic.
What does one need to know if he/she is a UK resident but has a Estonia corporation? (The corporation is invoicing clients in the UK/EU and also makes investments)
At...
Hi everyone,
Is it better a company in UK or Estonia?
I'm a digital nomad with residency in Georgia (I'm an Individual Entrepreneur with 1% taxation), but in the future I want to open a company and move to Thailand, Indonesia or similar places.
P.S. With Estonia can I pay myself a salary...
Sorry for starting a new thread. I know that Portugal's NHR was discussed a lot and if I didn't have to please my girlfriend Portugal wouldn't be my first choice.
I'm a software engineer making websites and mobile apps working for a UK company remotely. I'm not physically tied to any country. I...
Hi All, I got 3 questions:
(1) Can I put my crypto (Bitcoin) as initial capital when I will be forming company in Estonia?
(2) If I want to withdraw these Bitcoin at the later stage from the company - what taxes I should expect to pay?
(3) What if the value of these Bitcoin will increase while...
Hi everyone
I've been lurking reading some of the posts, but haven't found a reliable answer for my situation yet and was wondering if someone knowledgeable could provide some guidance.
I'm a tax resident of South Korea and have been looking into incorporating in either Estonia or maybe...
Hello,
I'm planning to create another setup for my business. I already have 2 UAE companies but this time I need to incorporate outside UAE(for better banking options).
I'm a UAE resident(zero income tax) and I can provide a tax residency certificate from UAE. I'm planning to incorporate an...