Hi all.
I was reading some documents on KYC that banks are require to establish your tax residency now. What happens if you don't have any tax residency, if you legally don't own money to any country?
This is my situation now and it is by design, however I think i will have difficulties...
Also the merchant can settle funds into a Swiss account just as well as a Latvia account. Are there any advantages in using a swiss bank? I am not going to make millions and it seems an unnecessary complication, Latvia seems to be easier as banks are more flexible.
They haven't, but I have provided all documentation proving I am Australian. Since my company is in HK, it doesn't owe money to the Australian government. Not even to KH for that matter as all business is done outside HK. As an Australian, I am taxed on my global income as long as I am a...
Hi everyone, first post! :)
I have a well established business in Australia and since I do not live there I thought it would be great not to have it paying income tax. So I have incorporated a new company in Hong Kong and opened a new account at a swiss bank.
The Australian business will...
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