Hello guys,
I am living in Cyprus with the non dom program.
Right now I work with a US LLC (Florida). I would like send this money to a offshore company to earn the money back as dividends. My only cost would be 2,65% NHS instead of 12,5% corporate tax.
Now my question is - which country should I choose?
The cheapest solution would be Seychelles with a bank account of ABC bank..
Second cheapest solution would be Singapore company with different banking opportunities.
Most expensive soltuion would be UAE (RAK) company.
From what I understood, none of this companies will have real substance. it will have a shared office rental and a nominee director. But from what i heard, this is common and also accepted by Cyprus.
I am living most of the time outside of cyprus (Iam living there 60-90 days)
Which of these 3 companies would you recommend? I dont have a good feeling with seychelles and would prefer singapore but its more expensive.
Thank you in advance for your help. I already searched the forum but I couldnt find a answer to my questions.
Best regards
I am living in Cyprus with the non dom program.
Right now I work with a US LLC (Florida). I would like send this money to a offshore company to earn the money back as dividends. My only cost would be 2,65% NHS instead of 12,5% corporate tax.
Now my question is - which country should I choose?
The cheapest solution would be Seychelles with a bank account of ABC bank..
Second cheapest solution would be Singapore company with different banking opportunities.
Most expensive soltuion would be UAE (RAK) company.
From what I understood, none of this companies will have real substance. it will have a shared office rental and a nominee director. But from what i heard, this is common and also accepted by Cyprus.
I am living most of the time outside of cyprus (Iam living there 60-90 days)
Which of these 3 companies would you recommend? I dont have a good feeling with seychelles and would prefer singapore but its more expensive.
Thank you in advance for your help. I already searched the forum but I couldnt find a answer to my questions.
Best regards