perfect answer. Thanks zqq.
Would you recommend the FMBE Tanzania bank instead?
I pretty much have to choose between these two :(
BTW which bank do you recommend that allows remote bank account opening and has min deposit below $10k?
Would you recommend the Rietumu Bank in Latvia for an offshore company? I am an EU citizen.
Is there any banking secrecy in Latvia? Does the bank have a good reputation?
@Admin
1) What do I need to prove that the management and control is in Cyprus?
2) How much would that cost?
3) Do I have to pay VAT after a certain threshold? How much?
@zqq: first of all thanks for your answers. Why do you say that UK would be better then Cyprus? Both have double taxation treaties with other EU countries so why would be UK better then Cyprus?
Forgot these questions:
6. If I am resident in another EU country then Cyprus, wouldn't that make...
I am an EU resident. My business is internet marketing, with non-EU customers. I do not need VAT. I am not interested in offshore countries like Seychelles. I want to earn money legally, without hiding my name. Purpose of the company: pay less taxes, no tax avoidance stuff, and I want to be able...
I do affiliate marketing. I currently have a Seychelles company, but the problem is the withdrawing of money. I used my debit card to get the money. I also think that a Cyprus company would be "more legal", especially because I am from the EU and a double taxation treaty exists between my...
I think you can speak of money laundering when there is money which was not taxed already or which has an unknown source. Your company is registered and you "pay some tax" every year so why would they accuse you of money laundering? They can ask you for documents, but that's ok. This is why you...
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