Low-Tax EU or Non EU Company Setup with Substance, Advice Needed!

[plotoffshore]

I’m looking for a setup that is low-cost to maintain and easy to handle bookkeeping for. I don’t mind paying someone to do the bookkeeping and the annual accounts. As an EU citizen, I’d like to find a company structure where I pay as little corporate tax as possible.

I’ve budgeted €25,000, which includes substance, meaning an office, one employee, and utilities like electricity, heating, and internet.

What are my options, and how can I ensure that the company is not considered to be managed from my residence in Sweden?

 

[Martin Everson]

What are my options,

For 25k you can get a second residency and do everything local within that second tax friendly country and keep things separate from your home country. You won't need to worry about economic substance when you take this approach.

I don't know your activity or needs but for example a Dubai Freelance license with residency visa may work well. You get a WIO bank account also and away you go. You will have plenty of money left for a chiller free rented apartment and compulsory medical insurance.

https://freelanceuae.com/

Full Freelancer pricing details below:

https://dmcc.ae/members/support/schedule-charges

and how can I ensure that the company is not considered to be managed from my residence in Sweden?

Ideally you want to move from Sweden but it sounds like that's not on your mind. So just keep both residencies separate and its down to you to choose whether to declare the foreign one. I believe up to AED 1m (approx $270k) your income is tax free as a freelancer (someone correct me if I am wrong).

Otherwise an alternative fully arms length economic substance solution may be costly and may not even work due to exchange of corporate information between low/zero tax countries and your home country. You may fall foul of GAAR etc anyway.