Portugal tax resident under NHR + US LLC

[disagree]

Because it's managed from Malta.

Yes form who/what? If you're resident in Portugal, who is managing the Singapore company from Malta? A Nominee?

 

[Marzio]

A Nominee?

Of course. Malta is full of directors eager to get your money for doing basically nothing

 

[disagree]

Of course. Malta is full of directors eager to get your money for doing basically nothing

Here my question is: ok but with Nominee service, usually you have a contract between you (real UBO) and the lawyer/accountant offering you the Nominee service, that states that is only for privacy and stuff, so it's not a real shareholder or involved with the company operations.

That's why also incorporating a UK LTD (with nominee) + NHR is not totally compliant. As if they check on you, nominee will just show the contract and step back, and you'll be exposed as the effective UBO.

How's the Singapore company resident in Malta solution different from this?

 

[Marzio]

How's the Singapore company resident in Malta solution different from this?

UK LTD with nominee will pay 25% CIT while the SG company resident non domiciled in Malta is tax free. How about that difference to begin with?

The point here is that if you do all the work from Portugal no setup will be compliant.

If they check on you you shoud show proof that you are paying somebody to do some of the work.

The more you pay, the more it will seem real.

You can also hire a nominee director + someone else remotely that will help you for real.