I guess Prague would suit someone with a family better. Never spend long periods of time there, but whenever I visit the Czech's capital alone, or with friends/family we leave with happy memories.I believe that Slovakia also has some gems where one can live, but I must agree with the above, it is not a place I would immediately take my family to live. I would find other places and live with a higher tax.
whenever I visit the Czech's capital alone, or with friends/family we leave with happy memories
Why 9%? Is this enforced by some kind of regulation?If you stay within Schengen, Bulgaria is good. You can cash out from 20-30k/month as salary with low tax, don't have to wait for yearly dividends. Easy to maintain tax residency without staying in the country (with the correct setup).
If you want to stay outside of Schengen, Cyprus is good, travel in and out through North Cyprus while it looks like your inside the country. You can take a shareholder loan for 9% interest and then clear it against dividends.
No matter what, always make sure to have the correct setup (yearly rental contract, utilities, arrange monthly cc spending within the country with receipts).
https://www.aretilaw.com/wp-content/uploads/2021/05/Tax-treatment-for-loans.pdfWhy 9%? Is this enforced by some kind of regulation?
how often do you have to get these documents and to whom ?+1 for Bulgaria; also, after joining Schengen, as long as you keep producing documents (rent, utility bills), you can always keep residency while staying outside the country.
Best option is to rent a real cheap apartment outside Sofia; in some villages, prices can be as low as €150 per month. After renting the apartment, sign-up for internet and utility bills, and keep paying it in order to keep it active.how often do you have to get these documents and to whom ?
I guess that you have to find a way to have real consumption for your utility bills (to show someones lives there) to be on the safe side?+1 for Bulgaria; also, after joining Schengen, as long as you keep producing documents (rent, utility bills), you can always keep residency while staying outside the country.
Workarounds for that too; but consider that internet and bills are always flat fees, and with agreements with apartment owner, is possible to have flat fees for utilities as well.I guess that you have to find a way to have real consumption for your utility bills (to show someones lives there) to be on the safe side?
Around $2k for non-resident UBO company (all fee included) + high street bankingBulgaria sounds really appealing, how much are the costs for a basic setup?
Do you think there is a possibility to operate through a US LLC from Bulgaria and pay 10%?Around $2k for non-resident UBO company (all fee included) + high street banking
It depends, so many variables. For what you need an US LLC? Where's the managing based? Where's the "center of interests" of the company? And so on.Do you think there is a possibility to operate through a US LLC from Bulgaria and pay 10%?
The idea would be to appoint a Bulgarian company as a member of the LLC. Hire a manager for the LLC in Bulgaria, an office... in short, a bit of substance.It depends, so many variables. For what you need an US LLC? Where's the managing based? Where's the "center of interests" of the company? And so on.
PE in Bulgaria pays 10% CIT.The idea would be to appoint a Bulgarian company as a member of the LLC. Hire a manager for the LLC in Bulgaria, an office... in short, a bit of substance.
Why the LLC? Easy management, anonymous (publicly), purely online sales. No physical goods. No presence in US.
If I needed an EU company I could still use the Bulgarian.
You do this? Can you send a pm the other details pleaseAround $2k for non-resident UBO company (all fee included) + high street banking
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?