We all know that a BVI is exempted from taxes as well as from dividend withholding tax.
Let's say I live in a country which doesn't tax foreign income (it's obviously what I'm finally going to concretize and not just an hypothetic case) and which has a double taxation treaty with the BVI so what's the most legit and transparent way to withdraw dividends from the company to my personal account ?
I mean that I can't surely just wire funds from the company account to mine so should this be cared from my local tax accountant or from a qualified one in the BVI ?
Basically what should I provide to my country to proof the legit origin of such funds ?
Thanks in advance for your feedback.
Let's say I live in a country which doesn't tax foreign income (it's obviously what I'm finally going to concretize and not just an hypothetic case) and which has a double taxation treaty with the BVI so what's the most legit and transparent way to withdraw dividends from the company to my personal account ?
I mean that I can't surely just wire funds from the company account to mine so should this be cared from my local tax accountant or from a qualified one in the BVI ?
Basically what should I provide to my country to proof the legit origin of such funds ?
Thanks in advance for your feedback.