Recent content by 5K1PP3R

I know some people personally who recommend Cambodia. Also @Martin Everson banks there afaik

Nothing is tax free, but seems like still non CRS and Cambodian banks don't care if you receive dividends on your account there. You can check the link to the original thread. At the same time Cambodian banks are reputable and modern. So can anybody estimate the feasibility and cost of such a...

I wonder can Cambodia be used? The recent thread was quite in favor. US LLC with a personal account in Cambodia on a business visa? You don't need to live in Cambodia. Pay salary, dividends, buy crypto if you want.

How would major EU EMIs look at sending money from business accounts to Cambodia? Suppose there are invoices for IP royalty or AI systems etc. And btw how is this better than UAE? I suppose I can also send myself 5 figures to FAB/WIO personal accounts? Or they won't allow it?

So can I get paid for services or for royalty from some US/EU company? Usually EU banks don't allow business transactions on personal accounts, they require a separate business account for that

then what does keeping low profile mean? And what happens if I don't? Can I get an inbound payment from US/EU for a few hundred thousands from some company?

what will bank do when six figures drop on your account? Freeze, steal or sell the info to local gangs?

up to 184k USD per year tho. You go to Tbilisi, find a fixer near Justice Palace, open bank acc. But you will need to draft contracts as IT

Cyprus non dom tax residency. 0% on dividends. You need to spend 60 days in Cyprus. Georgia individual entrepreneur, 1%, banks consider you local and don't report. No need to live in Georgia

see my previous reply, you won't get 2.5%. If you bought it at 100k and paid another 100k for R&D, you will get 5% and so on. I actually may be wrong about the exact numbers, but that's the idea. If you IP is fully developed using Cyprus company, you will get 2.5% from the formula, because all...

You can't transfer an existing IP! You can, but the equation won't give you 2.5%. To put it in simple terms, if you buy an existing IP for 10k and during the year add another 10k, the rate will be 5%, not 2.5%, because the first 10k won't qualify. If you buy/transfer an existing IP worth 90k and...

it is enough to register a company outside EU, Georgia for example

any other alternatives for FZCO? I don't have an office, only unit lease agreement with IFZA Property in Dubai Silicon Oasis

What happens if I just withdraw all the money as dividends and forget about my company? Do they have some kind of auto liquidation procedure?

https://www.numbeo.com/cost-of-living/rankings.jsp Santa Cruz de Tenerife, Spain 45.2 Alicante, Spain 49.7 Limassol, Cyprus 62.3 Paphos, Cyprus 54.5 Cyprus is similar to Spain. Recently it has become more expensive because of influx of Russians. Wait for the WW3 in Middle East...