taxation

Hello! I'm a Hungarian tax resident and the sole owner of a Hungarian KFT (Design & IT services). Due to some clients' preferences (GB, NL), I need to establish a company in a more "prestigious" country. My question is: which country would be the best for this purpose? As of 2024, the Double...

A brief search over the Internet will expose you to different points of view. In terms of taxation, you will discover different concepts and ideas. The fact that taxation is theft is often among them – an idea that is constantly brought up as often as possible. Sometimes, it comes with a...

Hi All, I am an Indian citizen, currently living in Ireland for the last 2-3 years. I qualify for the non-dom status in Ireland so my worldwide income is not taxable unless I bring that money into Ireland on a remittance basis as per this source Ireland non-domiciled tax – 10 things you need to...

Hi, I was wondering if there is any replacement to the tax exemption certificate that Seychelles used to issue for IBCs incorporated there. I understood that the service is no longer available. I was offered a letter from the Seychelles Revenue Commission, but its wording- "the company is not...

Hi everyone, I did some research on Moldova company formation posibilities but my absence of Russian language knowlege decrease an ability to find a proper informations. The main question is: Is it posibble in Moldova to own LLC company as non-resident a have some low-to-zero tax regime when...

I was looking for an alternative to US LLC, and I found UK LLP interesting. I don't need asset protection or anonymity, and it's cheap and easy to maintain for 0% tax with good banking options. The other day I tried to open an account at OnlyFans to understand why it was so successful, when I...

Hey people, first of all, disclaimer - I am very much a layperson when it comes to taxation and banking. So, in 2019 I started working for a US-based company and since they weren't willing to give me a contract, I have been getting paid in my standard revolut account. I am a resident of...

https://www.pwc.ch/en/services/tax-advice/corporate-taxes-tax-structures/dac6.html What’s DAC6 all about? The EU is introducing an additional level of transparency in order to detect potentially aggressive tax arrangements. The amendment to Directive 2011/16/EU on mandatory automatic exchange...

Hello, I'm a non-US resident based in Beirut and I'm looking to set up an offshore company. The nature of the business is consultancy services targeting the Middle East and Africa region i.e. all our clients are outside the US and we won't have any business activity in the US. Which...

Hello, I'm a non-US resident based in Beirut and I'm looking to incorporate an LLC in Delaware. The nature of the business is consultancy services targeting the Middle East and Africa region i.e. all our clients are outside the US and we won't have any business activity in the US. Could you...

HI Everyone I am new to this world of offshore corporations and everything here, I really like this topic and I have basically learned a bit by myself. So the situation is this, Me and my dad we opened a company in panama, he is a panamanian citizen by naturalization . I am not. I currently...

I've understood that IBCs are legal entities, and any profits they have generated are supposed to be property of the company. Yet at least the USA and the UK require their residents to disclose any possible offshore assets, and those get taxed. What is the norm? Are IBCs expected to be taxed by...