advice on an offshore structure

[Mark Ross]

Hi,

A client of mine, EU citizen and fiscal resident, needs to receive about 25k Euro/month from a EU-based company.
He would like
1. to set up a company in a jurisdiction
- with a trustee shareholder and manager
- where physical presence is not needed
- (ideally) with tight privacy rules
2. the company would need to open a bank account in a jurisdiction where not too tight "real beneficiary" rules are implemented

The overall objective is not to avoid taxes in the respective country, but to sleep relatively sound even if he does not declare the income in his home country.

I am reading about Belize, Panama and Nevis. In the past I read about St. Vincent and the Grenadines...
We understand we need professional support, so consultants' proposals are welcome.

Thanks

Mark

 

[reesek]

You can have your client be paid in crypto, it will be a while till it be properly taxed. In some places like Germany if an individual holds crypto for 2years it is tax free.

 

[Mark Ross]

You can have your client be paid in crypto, it will be a while till it be properly taxed. In some places like Germany if an individual holds crypto for 2years it is tax free.

interesting but not applicable.
My client's payer is a company based in a country where it is not usual for companies to buy crypto.
He would never take the chance of such a spotlight.

 

[Granwasa]

OP, you could try Georgia or Armenia.
Both countries do not belong to OECD or AEOI.
Major banks accepts nominee structures and offer multi-currency accounts in USD, EUR and local currency.
Given the monthly amount and the currency you are dealing with,EUR, you should not have any problem.