tax

Hello, I am happy to join this community after so many hours reading the content of this forum. I think I am pretty much ready to start writing the offshore chapter of my business story but I would like to have more experienced people's feedback or point of view in case I have missed anything...

Idea is to incorporate a business and of course, optimise the personal income by leveraging global opportunities. What I was thinking of is to have a; - Singapore business for webshop, selling mainly Digital services, this to minimise VAT/GST cost as Revenue below 1m s$ is excluded from VAT/GST...

I understand we can get automatically a resident VISA with a RAK corp. However what is not clear to me, in order to avoid to CRS - you surely need a RAK residential address. ie you actually need to buy or rent a residential house?(which you can do as you got a VISA). Is that correct? After...

Hi there, I understand a non-UK / non-EU resident can form a company and open a bank account in the UK but I have a few questions that I hope the community here can help me with. To give you an idea, we are looking to use the UK company that we will form, to work with a local payment gateway...

Just curious about this. Does anybody knows how is GOV verify this thing at all? Do they check passport or immigration data?

Hello I need to pay 5% dividend tax in country A when I pay myself dividend out of my company. I live in country B. Would I in general need to pay income tax over these dividends in country B?

Hi everyone, My current situation is like this: I am a citizen here and own a sole proprietorship in Malaysia doing business (IT) with foreign clients, so profits are remitted from outside Malaysia. I pay tax to the Malaysian equivalent of the IRS, so no problem with this. I also have a...

Hi All, planning on opening a U.K LTD - what's the corporate tax rate if you're a "non-resident company" ? basically, I'm not a U.K citizen neither a resident. I have a European citizenship Which U.K bank would be keen to open for me both a corporate account and a personal account ? anyone...

Hey guys, A couple of years ago I was looking into moving my business to Cyprus due to their taxation on IP but during that time they were in the middle of changing how the structure would work so I ended up going to another jurisdiction. However, now when I looked, the new taxation system...

Hello, Just joined the forum and have done some reading on it. Great info. I would like to know if anyone here had experiences with setting up a company and bank account in latin america, like Uruguay or Guatemala. Are companies from these countries better treated by banks than Belize and...

Will you report my transfers to the tax authorities? TransferWise Limited is a UK company authorised by the Financial Conduct Authority as an Electronic Money Institution. We are still evaluating the impact of the Common Reporting Standards, including FATCA, to our business and how we will...

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?

Hey, I looking for best way to optimize tax in UK. My accountant gave me idea. BVI as shareholder in LTD UK company. 95% incomes goes to BVI from LTD based on license agreement. And later i will send money from BVI to my personal account as "loan" with 0%. Its right? Does anyone have...

Hi Guys, I am a non U.S citizen neither resident and I would like to inc. a Delaware LLC. However, the company monthly income will come from a U.S company and the wire will come from their U.S bank account. will this income be taxable as it comes from the U.S? thanks

Hello Everyone, One of my customer has 'UK NON DOMICILIED' statut. (He is allowed to pay tax only on his local income and not on his worlwide incomes if the funds are not remitted into the UK) He has successful businesses in the UK and wants to devellop his new activities outside the UK, in...

Hi, I'm from EU, my business is mainly adult (all legal), but officially it is webdesign, photo/video editing etc. I have Seychelles company but it is getting risky with taxes now so I'm considering moving to Malta. It seems, their remittance system of taxation is ideal for online business. What...

hi guys, I have two citizenship : number 1 and number 2. I live in country number 2. What if I open a company and a corporate bank account in a third country where I don’t live and I don’t have citizenship using my ID papers from country number 1 where I don’t live? The bank will report to...

Hi, I have gone trough so much information about Payoneer prepaid card as well as CRS. But I'm not still quite sure whether Payoneer is treated as a bank or not. I am still wondering if CRS will affect on Payoneer or not. Does Payoneer give information and my data to my country's tax authorities?

Heys Sirs I have a question about tax exemption in hongkong, some time ago i have made some research about opening an offshore company in hongkong saved in some word docs and now am trying to have a business account at neat.hk as a bank account and am looking for a web host for my online shop...

Since most countries are under OECR AEoI Common Reporting Standard regulation or FACTA there is information they send at end of December every year to respective jurisdictions. So I am interested which law and paragraph governs WHAT KIND OF INFORMATION has to be sent to respective jurisdictions...