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  1. Q

    Owner's draw - Best description for the payment reference?

    Hi friends, I searched the forum but nothing came up. What do you put in the reference field when doing an Owner's draw from your (disregarded) LLC to your personal account (Revolut) to make it as smooth as possible with the receiving bank? Just "Owner's Draw" or "Owner's Draw - First Name...
  2. Nigital Domad

    Anyone have thoughts on best ways to hedge crypto positions / profits?

    Hello comrades! I hope many of you are finding yourselves with large paper profits during the current cypto bull run. I would like to ask the hive mind: What are some good ways you've found to protect / insure those paper profits? I have found some crypto exchanges which have Options trading...
  3. J

    Reducing personal tax (no relocation)

    Hello! We have a branch in Germany & HK, but UBO is a tax resident in Balkans (and EU citizen). He wants to somehow cash out profits every year, around 5-6 figures, but where he lives the personal tax is huge (he is an old guy, doesnt want to relocate) How to do it smart ?
  4. a112114

    Question Why UK LP is not "ought" to pay tax on profits?

    Hello everyone. So, I'm thinking about opening a GB LP and can't understand how we can not pay taxes on profits. The model is to keet profits on accounts of LP and does not widhraw dividends. The structure that been offered to me is 2 physical person nominees from Cypress as partners and me...
  5. Neqzwer3

    Dropshipping and VAT

    Hi I have a dropshipping shop. I buy from China for EU base customers. My cost is a 50 EUR My sale is a 100 EUR Profit is a 50 EUR. So i should pay 20% Vat from my profit or from sales price?