Basically totalitarian regime, this covid 19 really changed the entire mentality of the country. Similar to others maybe, but there the army and police have hardcore discipline like robots and if you will not follow any new rule that might be brought it can cost you.
Also they will probably be...
Georgia sound good cause its in EU area but not part of EU
If I'll like the place and can super minimize tax i prefer to pay this minimal tax rather than have 0% tax.
it seems the world forcing banks as hard as possible not to accept Money from no tax jurisdictions nevermind how much legal it...
If its possible that total tax will be 5% with no employees and I'll like the city
Then im there :)
thanks for being so helpful, final question turn, do you know any reliable English speaking lawyer/accountant that might consult on available options?
Thanks for the thorough reply, it's great help. I'll probably be visiting tbilisi soon to feel the vibe myself.
you wrote about FZ company "After 20% tax on salary, profits can be taken at just the 5% dividend tax"
If I'm the sole owner and only take dividends, then what salaries?
Exactly.
- so there are things to do in Tbilisi?
- Are there any tax benefits for sole traders?
- how does free zones work there?
- Is foreign income not taxed even if I still actively run the company from Georgia as a resident?
Any info from someone who lives there will be great, thanks
Agreed with everything said about EU
That's why trying to ask here, the experts :)
Cyprus is boring in my opinion
Its just close to rest of Europe which is cool in none CoV19 time. But still too much tax to leave the Thai convinience.
Malta I just visited for short time, not exactly Manhetten...
So,
living in Thailand, company in Gibraltar, generating passive income to bank accounts outside Thailand. No tax is paid.
I want and have an option to move anywhere I want.
I don't want to live in Asia anymore,
I don't to move to some Caribbean island to retire and die of boredom just not...
Thanks for the reply.
I'm basically free to move anywhere.
are there any countries in europe that don't have income tax
Thanks for all your replies guys
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