tax

I hope you're all doing well. I'm writing to gain some insight and clarification regarding the revised Tax Residence Certificate rules in the UAE. As many of you may be aware, the UAE Government, through ministerial decision No.27 of 2023, made amendments to certain provisions on the...

I am planning on leaving my high-tax country in the next few months. I am setting up meetings with accountants/lawyers in Portugal and Cyprus. Malaysia and Dubai are also possibilities My thought process so far is the following: I should choose a country that my home country has a tax treaty...

I've learnt recently that many wealthy people have their tax structure something along the lines of — A Multi Currency Trust (Usually in the Cayman Islands, Cook Islands, Or Singapore) then holds/owns — A Holding LLC (Usually in Nevis, Belize, Panama) then holds/owns — An Regional LLC (Usually...

Hello, I am trying to optimise my business and reduce the tax burden as much as possible. Your help would be most appreciated. My company is registered in the UK and I have a UK residence. My company is selling online services and digital products and it's trading for just shy of £85,000 a...

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 ?

Do you advise Wyoming or Delaware company? I will also have Mercury account. Which is cheaper to form and has lower yearly renewal fee? And are there any tax concerns? Lastly, I saw that Alabama is very cheap but I guess there is tax and not similar to Wyoming or Delaware? Do you advise me LLC type?

Hello everyone, I have some questions regarding the legal structure for dropshipping. I am currently a Canadian resident, and I am interested in starting to sell in the following countries: US, Canada, UK, and Australia. Before I begin, I want to ensure that I have a solid legal structure in...

Hello Everyone, It’s been a couple of years now that I’m into Affiliate Marketing, and my monthly income has been growing steadily. Currently, the annual income is around $120k per year. Would you say it's time to form an LLC? Or is it still early considering the expenses/taxes of a company...

Hi! To keep it short, I’m Thai, my partner is EU, we are making $5k+ on OF a month but expect to grow it a lot more in the coming months due to hiring an agency. We would like to go back to Thailand for a year or two where SW isn’t exactly legal so we would like to receive the income and pay tax...

I am looking for an alternative to the Georgian Small Business setup I currently have. Is there any? I am interested in low cost setup, easy tax residency and low taxation. Easy visa (or no need as Georgia) is a plus Thanks!

Hi there guys, I am new here, as I just discovered this forum while searching for answers online regarding Crypto Taxes and LLC. Not much info on the internet, to be honest. I do have a French passport, I am a resident in the Philippines (territorial tax system) and I have an LLC in Wyoming...

Hi, Could you please advise a newb when it comes to cashing-out the cryptocurrency profits? I'd like to do it the proper way, so I don't get caught in the mix. For a complete beginner, what would the process look like? Lets say, if you were to cash-out approximately 10k EUR per month, but...

Me and my partner are looking at moving from our home in the UK to Dubai. We were wondering what the steps would be to do this. We both have UK passports and would be looking to relocate for tax reasons. We currently make around $100k per month, we’re unsure how would be best to go ahead with...

I want legal monthly income to apply visas. Portugal D7 visa requires €665/month, Malta digital nomad visa requires €2,700/month. My target is €5,000/month. I want this income from salary, dividend or other legal formats with lowest tax instead of cryptocurrency to avoid influencing my visas...

I am a Chinese living in China and don't have any passport of other countries. I want to cash $2M crypto to US brokerages because 1. I think crypto is not safe after observing many hacks of DEX and collapse of FTX 2. One year US treasury yield is 4.8% while USDC's yield in AAVE is 2% and you...

Dear members, EU resident I'm looking for the best suitable jurisdiction and a cheap one, to be able to accepts third party funds for managing crypto for some customers. Also I would like to be able to incorporate in place where the UBO's are not public, be able to open a bank account and use...

Hello everyone, I am planning on moving myself and my business(close + reopen) to Cyprus by the end of the year which does the following: Build algorithmic trading software/technology, Offer SaaS products to business and individuals, (no financial services, purely software) Use company algo...

Could be a stupid question But are there countries without permenant establishment rules where you are able to open offshore company from and actively work on your offshore company business without being forced to pay PIT or CIT due the PE rules, unless money remitted into the country? Thanks

https://projects.propublica.org/americas-highest-incomes-and-taxes-revealed/#table-jump-link When your average annual income over a 6 year period is in excess of $1bn per an annum then saving taxes is a luxury imho :confused:.

Hello everyone! I’m currently self-employed with Hungarian citizenship offering remote consulting service. Working long term with a US based partner for ~100k USD per year and also dealing with about 70k USD/yr of crypto that I get paid from an EU partner. These are not large amounts so I...