Hello Guys, I am new here; I have a question.
I wanted to know if it's advisable to open an offshore company in Estonia or Cyprus just for few months (less than a year), remaining tax resident in Itay, and Once the business is working, I would become a tax resident where I opened the company.
As you may know in Italy, this company would be considered an Italian company. Still, I personally think that doing this temporary won't be a problem, because at the end of the day I am opening a company with the intention to go and live there shortly, plus I won't withdraw any money and how can they trace me in little time anyway?
What do you guys think about this plan?
For the bank account I don't know what to do, in Estonia they won't open it to me from abroad, in Cyprus I am in contact with a firm and it might be easier, Do you have any suggestions about it? maybe I should go with an EMI company, which one do you recommend?
About the jurisdiction do you have any experience with those two that I mention? What is the best choice in your opinion?
I wanted to know if it's advisable to open an offshore company in Estonia or Cyprus just for few months (less than a year), remaining tax resident in Itay, and Once the business is working, I would become a tax resident where I opened the company.
As you may know in Italy, this company would be considered an Italian company. Still, I personally think that doing this temporary won't be a problem, because at the end of the day I am opening a company with the intention to go and live there shortly, plus I won't withdraw any money and how can they trace me in little time anyway?
What do you guys think about this plan?
For the bank account I don't know what to do, in Estonia they won't open it to me from abroad, in Cyprus I am in contact with a firm and it might be easier, Do you have any suggestions about it? maybe I should go with an EMI company, which one do you recommend?
About the jurisdiction do you have any experience with those two that I mention? What is the best choice in your opinion?