Recent content by airborne18

Exactly what i thought, hence a pass through entity. Maybe he is misunderstanding me or being too conservative. I will know more when i speak with him.

I have a call with my UK accountant soon to explore this option further. His only concerns were, in his words, "that an LLP should be set up for an active purpose of making a profit. Whether this can be by the LLP taking a cut to justify its existence, I’m not sure. Just one more thing, we’re...

Yes i chatted with the local lawyer here the other week and he did not see any issues with that arrangement either. I was hoping to chat with my UK accountant contact to get his perspective but he has gone all quiet for the time being. We will keep investigating, it is not something we need...

I can recommend Accruvis Capital Partners - they utilise a company out of the UK which has an FX algo strategy and returns 14% net to investors - 50k minimum entry EUR, GBP and USD. They also have a listed bond which is on the Vienna and Frankfurt stock exchanges. They have been running this...

Just an update from the US accountant who didn't have too much to add only that i need to be aware of the deadlines for certain document filings or face stiff fines such as the 5472 and he also mentioned that there could be a change on the reporting of the names of non-resident holders, which...

My friend has been here less than a year and has yet to do a full years tax return. He himself is not clued up on local matters and simply does what his accountant tells him :)

To be fair i have heard that unofficially they assume that an expats foreign assets are taxed at source and only care about your income and assets in the country itself. They also do not regard crypto as an asset yet so do not tax it. This is where Do Kwon was hiding out for a while and Vitalik...

LOl, yes i am actually not looking to avoid taxes as much as getting a payment processor solution figured out. Will report back here when i know more :)

Yep, chatting with a US based accountant tomorrow who i have known for a while and does have a lot of experience with cross border stuff so looking forward to his input. ;)

Wow! Thank you so much for all of that advice. That is very helpful and has cleared up a few things for me. We don't sell any physical products only services and do not have any employees in either the UK or the USA so it could just be down to personal preference. I can speak with a US based...

Hi there, Thanks for your comments. As it stands, the MNE company allows us to have residency as directors of the company here in MNE. To run this properly you need to have a MNE based bank account and issue those pesky fiscalised invoices. MNE would not care that you are billing another entity...

Hi all and this is my first time posting so go easy if i am asking something obvious. I have done quite a bit of online research on the topic but there are conflciting sites,YT vids and reditt posts so i figured i would ask here as the folks here seem to be on the money. So myself and my wife...