To receive
monthly updates on new features in lowtax.net
and tax-news.com just enter your e-mail address
below:
Daily
Tax Quote
New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below.
Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers.
Lowtax Network Sites
Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
>
LOWTAX
ONSHORE
ESTONIA
INFORMATION: BUSINESS, TAXATION AND INVESTMENT
I am setting up a new eShop that will sell consumer goods in Europe and Switzerland. The suppliers are in Europe and the distribution will be handled by independent logistic companies. I need for my eShop: - a merchant account (credit card payments from customers) - a bank account - anonymity for both shareholder and director I am now living in Switzerland (but ready to move) and looking for a budget solution. What would be the best solution? Thanks in advance, Fritz
I ama british national living in dubai for last 13 years, and currently have a UAE freezone company, all business is in the middle east region, (design consultancy)
I am considering my taxation liability if i decide to reside in the Uk again, but travel once a month to UAE to manage my business/staff in uae, then return to Uk in between
I am from UK and have a very good income from ebay. I fear soon i will have to declare it, i dont want to be taxed or more important pay VAT. Can i make an offshore account and still trade online, paying my profits into an offshore account and will it be tax/vat free ?
I get my wholesale merchandise with no VAT obviously, from USA. I really dont want to be taxed on my items, so will an offshore account be worth thinking about?
I will be selling software online. Where is the best place to open a company if I want zero VAT rates and minimal corporation tax? The company will trade online and should be able to accept credit card payments.I am not concerned about dividend taxation at this stage. Thanks pete
I have an e-shop and want to minimize corporation tax payable.My market is Western Europe. I am resident of Canary Islands . Where should I incorporate my company?I need a solution that would take credit card payments online.Thanks steve
I look for a place with good internet connection, nice weather, cheap to live, nice nature, low tax, good international connections (by air), good medical infrastructure & English speaking (or second language).
I am looking for the best jurisdiction for my e-commerce startup. It is important that it has a DTA with Denmark as the e-commerce startup should be a subsidiary of a danish holding. The main customers are in Europe. I am not looking for a Belize or Seychelles company or any other discount company formation service. Any advise?
If I provide consultancy services to customers situated in a number of jurisdictions through an offshore company, would this company be having a presence or some sort of permanent establishment in these jurisdictions? Do double taxation treaties help in this regard? HH
My company needs to send some employees to a high tax, North European country for period of 1-2 years. We have established that they would not be liable to any earnings outside this country.
Can anyone recommend how we could set-up a "dual contract" arrangement so that they also have an employment in a 3rd (preferably European) country where they can receive earnings from the dual contract at a low or zero rate? We could arrange them to visit said country for conferences, training advice etc - so prefer it to be in Europe to keep costs low.
If anyone could give me some advice it would be great.
I am thinking of selling a house in Australia, and paying the necessary taxes. This money will then be transferred to Europe. I know that if you have cash or other earnings you will not be entitled to an Australian Pension untill that cash disappears. So that no trace or so that the Australian Tax Office does not know I would still have the cash, where and how do you suggest I deposit it to use as I like when I like? Is Switzerland safe? Malta? Litchenstein? Anywhere in Europe? What do you suggest???
I am considering establishing an LLC in the US. However, I am not sure whether my services (actually combined into a product) will qualify or not as effectively-connected income. I will sell a magazine (investment advisory) to clients around the world. Will my proceeds from US customers be classified as US-sourced income?
I have had various educational experiences in setting up a foundation, trust, etc. It seems somewhat complex, if you haven't had any real life experience with it. I am a new business owner that lives in New Zealand, doing business in the USA (via ecommerce). I am still a US citizen, wife is a US and Canadian citizen. We are both NZ residents. I would like to set up a structure where I can legally minimize profits (and not have any governments annoying me). What problems will I have as a CFC in US doing business? I won't have any structures set up in the US, just pay people that facilitate orders. Richard
we're implementing a new offshore structure. Our holding company is in cyprus, and we are looking for a jurisdiction to set up a trust to hold the shares of the Cypriot company. The trust will do nothing else but hold these shares.
Beneficiaries are UK residents but non-doms as they hold USA passports.
We've been recommended Netherlands and Cyprus thus far for Trust set up (or private foundation).
Might anyone have any other opinions?
We're looking for privacy, information/confidentiality protection, and security. Mainly considering '1st grade' jurisdictions only.
I'd like to be able to direct about $700K a month to HSBC in an offshore account and then block the funds for different investments, letting the profits accumulate at low tax till I bring the funds into the US. I am told that no matter where I place it I'll have to deal with the close to 50% tax here in the US. I've been thinking of the Bahamas- any top 25 world bank would be OK, any suggestions?
We buy and Sell Precious Metals and are looking for an effective Structure
We had thought of setting up an individual Offshore Company (IBC or otherwise)in an Offshore Jurisdiction (please advise what you think is best) which doesn't trade. This Offshore Company would have 'nominee agent' agreements with seperate limited companies in each of its trading centres eg UK France Germany Ireland USA Australia. These 'nominee agents' act as Management Companies in each country for all bullion sales and trading on behalf of the Offshore Company, they charge a fee for this service to the Offshore Company of between 5-10% of turnover of the Offshore Companies Trading Revenue.The other 95-100% is remitted back to the Offshore Companies Bank Account weekly as its revenue after deducting the Management Fees.
1) What sort of Company and Where? 2) The trading is generally all online, servers in Luxembourg? 3) The trading is Global? 4) Are Luxembourg, Malta, Monaco or Madeira suitable? been told that Luxemborg has a new entity an SFC or something which can hold assets inc precious metals but like all the other jurisdictions too 5) Been told Netherland Antilles good as a new base for servers? 6) Should the Offshore Company stand alone or hold all the equity in the 'nominee agent' companies or should they themselves also be stand alone? 7) Bullion is shipped from Mints and other Dealers to us for security and we distribute but we'd like to have it sent direct to one location (Secure Freeport facility and distribute worldwide from there to save VAT, so the bullion would be shipped from mints and other bullion dealers worldwide to us at one vault facility where we'd ditribute it globally but avoid VAT. The VAT is a problem because eg Silver is VATABLE in UK but not Gold Coins and that makes UK Silver prices higher than US...a market disadvantage. 7) The owners currently reside UK but would move to Monaco for domicile purposes...eg UK & Travelling Tues-Thursday then Monaco Fri Sat Sun 8) Just looking for a lawful, honest but tax efficient and asset protected way of trading. 9)Assuming framework of above is set up...the owners then want to protect themselves and remain anonymous after transfer of their interests in above Offshore Company and have their shareholdings held by anonymous nominees or open if their domicile is low tax eg Monaco. 10)The Offshore Company will be used as a vehicle to buy assets, property, bullion and precious metals
Can anybody suggest a way forward as we're totally confused by conflicting advice.. implementing strategy with next 3 months so just sounding out to see who know whats best? Obviously August will be the month we contact chosen advisors and move forward on this
My wife and I have sold everything we own in the US. We now own a sail boat which is currently our home and only mode of transportation as we cruise the Caribbean. We also have a nice chunk of investment capital that has already been taxed by the mongers that we all despise. Now it's time to start a new company and begin investing in markets that have a future. We're mainly interested in Central America and South America.
My main question at this point, is how to minimize our tax exposure, I understand that foreign income has to be reported but that we as a married couple filling jointly are exempt up to $180k or so as long as we are not living in the US. I have heard conflicting statements regarding the rules however, can someone clarify the current rule regarding foreign income exemption?
And, can someone clarify the Hosing deduction rule and if our boat could enter into the equation for a deduction of some kind?
We are getting close to setting up our IBC and offshore bank for a web/real estate related business that will for the most part be operated from our boat.
Thanks for any help and advice, there are so many difficult decisions to make!!
I have a question regarding Seychelles. I am a contractor and live in the UK and have setup an offshore IBC in Seychelles. I work across Europe (France, Netherlands and UK) and the company that has hired me in Paris told me that because my company is in the Seychelles and as France does not have a tax treaty with Seychelles they need to withhold 33% tax as that is the law. This basically means that I only get 66% out of 100%. Does this apply to all countries that do not have tax treaties with Seychelles? If that is the case, Seychelles will not be an interesting country as an offshore country. Does any off you have a better structure to minimize tax paid? Any feedback highly appreciated. NT
I have a LLC set up in Wyoming that I (and two other equal partners) run all of our marketing advisory and international expansion consulting work through. We originally intended to help small, but highly ambitious American companies expand overseas either through JVs or simply new distributors/promoters. Recently, we've found ourselves get more and more business bringing foreign companies and brands from overseas back to the US. We are beginning to get paid in RMB, HKD, CHF, GBP, JPY, and EUR as much as we are paid USD. We're wanting to focus more and more on higher-paying (and more exotic) overseas clients.
Any suggestions, insights, or gut feelings (with reasoning) on setting up an IBC to serve our legitimate non-US billable business?
Again, we do a lot of work in China, HK, and Europe. We're wondering if Seychelles is really that easy and inexpensive to set up and ultra-efficient in the long term or if we're going to create more headaches than it's worth.
Ultimately any IBC we set up will be owned by (three) American citizens (we have no objections to paying taxes on any eventual payouts), but would appreciate the opportunity to be more tax efficient if we can legally route more of our legitimate expenses associated handling international clients to an offshore entity.
What issues should I consider? I figure the community has been in my exact situation many times before. Any collective wisdom? A diversity in opinion/experiences is appreciated, as well.
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
Advertising & Marketing
With over 50,000 qualified readers every month our web-sites
offer a number of cost effective, targeted advertising,
sponsorship and marketing opportunities:
Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings
Could your corporate web-site or newsletter benefit
from incorporating regularly updated news and content
tailored to serve your clients' interests? We can provide
a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
IMPORTANT NOTICE: THE LOWTAX NETWORK
has taken reasonable care in sourcing and presenting the information contained
on this site, but accepts no responsibility for any financial or other loss
or damage that may result from its use. In particular, users of the site are
advised to take appropriate professional advice before committing themselves
to involvement in offshore jurisdictions, offshore trusts or offshore investments.
All materials on this site copyright THE LOWTAX NETWORK 1999 to 2010.
All content on this site
has been provided by BSIRN.
LOWTAX.NET
13/07 
