anyone knows a lawyer who can setup a Hong Kong trading company and company bank accounts in multiple jurisdiction (f.ex. France, Germany, Spain, Italy) with a signatory to allow clients a domestic bank wire transfer?
T&C Insurance company.Anybody have exp in doing this? I have been told its up to 100,000 capital but can be as low as 10,000 capital. I am doing a pass throught, not holding premiums. TDS
i´m living in Austria and i get 20000.- Euro yearly sales commission from Hongkong. How can i avoid the income tax in Austria? Furthermore i think about a tradecompany which can buy and sale good from Asia to Europe. Please let me know your ideas. Thank you Peter
Am after a corporation and a bank account in a jurisdiction that allows e-payment(collect third party client funds from the customer into your account and forward these funds to the final creditor) online businesses without the need for a licence. Also the bank mustn't have any problem with this type of business. The juridisction must be tax free/no tax treaties with UK/USA. Please advice. Dinos
I am a resident in Austria and am a professional photographer delivering my services as a photographer worldwide, but mostly within Europe, 60% within Austria, and mostly to private individuals.
I am wanting to now set up my own company as business is growing, and am unable to do so in Austria due to paperwork. I at present do not have or own any company.
My idea is to set up my company elsewhere for invoicing and to 'employ' myself.
I need advice on the best type of company and location for this type of service. My idea was Jersey since my father lives there. Any ideas?
just wondering what's the best place to start a business that covers all aspects of the financial markets? like banking forex investments insurance etc. What country has the best taxation for financial markets companies. Looking for a country that doesn't tax on international income. basicily how to pay no taxes at all.
Hello, I am interested to know about who should pay taxes for offshore companies that have opened in the Marshall Islands. I am not resident in these islands and this company has working relationship with companies in different countries. Then where should you pay taxes such as taxes on income or dividends Any information would be greatly appreciated.
An IOM company does not pay any tax (tax rate 0%).
So if i'm a resident on the IOM and my company has for example 1.000.000 USD income she does not pay any tax. Correct?
And if I as a Manx resident/shareholder liquidate/wind up after for example 5 years this company... I still pay no tax.... Because there is no capital gains tax on the IOM. Correct?
I have a small commercial opportunity with 2-3 customers located in Monaco and perhaps 1-2- in Italy. I need to supply and invoice IT and telecom services and the like. Hence I need a Company.
Expected small revenue, about 100-200,000 usd per year. Lowest cost of sales anyway, if any.
A credible face and good corporate appearance are paramount, even at the cost of higher taxes. I.e. no invoices coming to customers from Cayman, Panama, Cyprus or the like.
Acceptable countries would be: UK, Ireland, Netherland, Luxembourg, Switzerland, Belgium, Germany.
Obviously I am seeking the most tax-light solution, at the condition to be safe and not run risks with the local authorities. For instance I was planning to form an Irish Company as an agent of a Panamanian Company, but so far this seems to me very difficult and hardly boycotted by the Irish authorities.
As an ADDITION to / REPLACEMENT of the above EU Company I may be interested into forming a Delaware company for same identical purposes and same customers.
I can use my name as shareholder and Officer. Plus I may use up to 3 additional persons' names, who cannot travel anyway. Myself too, have serious difficulty to travel.
No employees would need to be hired. As for myself, except your contrary advice I would take profits as dividends only.
In all cases, availability of full featured Bank Account is required. In case of an incorporation in an EU country, the Bank Account may be in the same country or in a different country within the above list of EU countries. In case of Delaware Company a Bank Account, the Bank Account ought to be opened in London (practical, safe in respect of the US tax authorities and credible). In case of 2 companies, the Bank Accounts must not be opened at the same Bank.
Also in all cases I require immediate VAT number where available; and full book-keeping and accounting services.
I am a Canadian citizen living in Canada. I have a successful business based in Canada in which I’m ok paying Canadian taxes. I also have a successful and rapidly growing internet business based outside of Canada. I would like to put this revenue stream permanently offshore as a hedge against possible economic disruptions in North America, plus the obvious tax benefits.
This income will not be brought back into Canada and for the most part will be used for charitable purposes.
I believe I’m looking for a Trust with accompanying IBC along with various brokerage accounts. I’m also looking for a jurisdiction where I can find a professional firm to manage this structure with the utmost trust and security. There will be a sizable amount of revenue deposited into this structure every year with a possible sale of the revenue stream in a 3-5 years timeframe.
I’m somewhat knowledgeable on offshore structures but haven’t followed it closely over the last couple of years. I’m leery of the recent Swiss action and the aggressiveness lately shown by governments looking into tax shelters.
My questions would be;
1. What would be considered the safest jurisdiction in terms of stability and trust? 2. Can anyone recommend a leading firm to deal with in that jurisdiction?
The EU Savings Directive, which came into effect on July 1, obliges financial institutions in all EU member states to disclose tax and bank information to the relevant tax authority.
The new directives will affect EU residents, a number of banks in ‘tax havens’ have also agreed to exchange customer information, including Jersey, Guernsey, the Isle of Man, the British Virgin Islands, the Cayman Islands, Switzerland, Liechtenstein, Monaco and San Marino. So what is the solution – Is there one? Dubai - which has well publicised taxation benefits and is not on any OECD, UN or EU unfair tax advantage blacklist and is not forced to disclose banking information. This is fantastic news for expatriate and offshore investors who are aware that the benefits of many offshore jurisdictions are being eroded by increased international ‘interference.’ The G20 leaders and the OECD have declared that there will be a crackdown on non-compliant jurisdictions which fail to adhere to guidelines on tax information transfer for example, and this may mean that certain previously popular havens become less appealing if they remain on any OECD type watch list. With a Dubai Company you will benefit from 100% foreign ownership, 100% repatriation of capital and profits, 100% corporate and personal income tax exemption, no currency restrictions and excellent support services. Using the combined experience of our management team in Europe, Middle East and Asia specialists on of all forms of offshore company structure around the world you can have a complexity free, cost efficient and tax effective offshore or onshore company formed in Dubai within days. We are fully authorised, registered Middle East Agents and have successfully advised individuals and multinational businesses to establish in UAE. Our clients range from large, multi-million dollar firms to entrepreneur individuals relocating to Dubai. We enjoy a proven reputation of trust and efficiency, because we conduct our business dealings in a consistent and professional manner. Fundamental to our business development strategy, is our focus and commitment to providing highly relevant cost-effective business solutions.
No two companies are exactly alike. So we make sure the international business and strategic consulting we provide is not just standard but we make sure it is a tailor made solution for your business and banking needs.
For further information or initial free consultation please contact Europe Emirates Consultancy +971 501 470 50044 www.uae-eu.com info@uae-eu.com Pat
My firm is currently a Delaware LLC. We'll be mainly consulting for financial services firms in U.S. Later hope to have international clients as well. I'd like to understand what legal alternatives there are to offshore my firm and gain favorable tax status and minimize Uncle Sam.
Also will US firms have issue with doing business with firms from these countries/locales? Thanks Avoid Sam's deep pockets
I'm fed up with my country's "tax-the-rich" schemes and am looking for a way out. I'm a software developer. 100% of my income is paid to my California S-Corp which is then passed to my personal tax return. I need a way to lower my tax burden. I want to "outsource" the software development to an offshore company. The payment to the offshore company would be a deductable expense for me. Thing is, I can't own that offshore company directly since US citizens are taxes on worldwide income. Any solutions that will give me control over the funds without having official direct ownership ? Need help. Please advise. Mr. Jackson
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