Recent content by Bilbo Begins

Yeah, will do for sure! Thanks a lot for this great forum.

Yeah, agree on that

Residence only. Both of us has Ukrainian passports

Hahaha, looking for all possibilities. Are you saying that forming a Cyprus company with all paperwork + bank account is feasible for 5k? Do you know a reliable formation service that I can contact?

Yeah, but the problem is that all our production is in Italy, and it cant be managed remotely for now (less than 183 days a year). And this makes us tax residents in Italy as I may assume. So it looks that for now the only option is to form a company of lower jurisdiction and play around with...

Thats a great hint, thanks a lot! So if I understood right, me as a shareholder of a company (for example in Latvia) first I pay corporate tax in Latvia, than I pay myself a minimum salary that is taxed in Italy and the "fair" rest of profits I give myself in the form of dividends that are...

Thanks a lot! Much appreciation for an open answer. Do u have any idea on how to lower source income (salary from my IBC) if I am resident in Portugal or Italy? Or its just a matter of good accountant in order to increase all the expenses so there wont be any need for hight salary?

Thanks man! Much appreciated! Yeah now I got the idea how to lower corporate tax, now looking for a scheme who to lower income tax by residing in Italy or Portugal for example. Any ideas? PM me, pls if u have any info on that

Hey guys, As a newbie in this question, I wanted to ask you: 1) what can be a proof of tax residency for the company? Will Nominee Director will be enough to proof that the effective management based for example in Singapore (or any other low tax country)? Even though its other directors...

Thanks for the info. Do u have an idea about approximate costs to form Irish or Singapore company with bank account + annual fees for renewal and accountant? Maybe you know a service I can contact for more details? Hahaha bratan! It nice to hear some familiar words out here! Do you know...

Hey guys, I am looking for a jurisdiction where to form a new business for tax reasons. Me and my partner are Ukrainians, and my partner is resident in Italy. We are about to launch our online shop (shopify) with jewelry line that will further expand into original clothing. The business is...