Recent content by biz1

@khinkali please tell what did the crypto ruling say

@alexeikarp can you detial the virutal zone status regime, would that be a replacement tax regime that would substitute tax policy Georgia would apply otherwise? This is a great conversation. Has there been any thread where these same questions were discussed in question of say Malta...

@maxmmm @Paper Chaser @jackfrost @BlueMist what do you say?

@maxmmm @Paper Chaser @jackfrost @BlueMist I have you a question: if you are personally non-domiciled resident on Malta , and you own and control a non-Maltese company (but still that company does not fall under Malta's CFC regulation) (e.g. company based in Cyprus, Cayman, Gibraltar, Cooks...

@CyprusLaw, so each company incorporated in Cyprus is required to fill out the UBO questionnaire, I see. How does it apply if a Cyprus company has as sole director and owner, a non-EU foundation? Is only the foundation written as UBO, or should the person who was the *founder* of the foundation...

Hi, feel free to DM me

@CyprusLaw, so each company incorporated in Cyprus is required to fill out this questionnaire. * Exemption number (iii), does it apply also for a non-EU foundation? * Where can I read more about this rule? @CyprusLaw if you are a lawyer feel free to send me a direct message to discuss your...

@deepsudeep Maybe would be covered in another thread: What is EOIR/Global Forum?

Hi, Someone told me that there are jurisdictions that when they receive a TIEA (Tax Information Exchange Agreement) information request, they will condition processing the information request with that the requesting jurisdiction makes a money deposit. This has the purpose of lowering the...

@Sols just curious, (1) Can you imagine a real-world situation where the question "is it Sols Foundation (CK) or Mr. Sols physical person (who is also a director of Sols Foundation) who is the actual UBO of a said asset" makes or can make actual real world difference? Please tell (2) Without...

@Martin Everson aha interesting, so reporting bank deposit boxes is not a CRS, AEOI kind of thing (= worldwide) but it's a local European Union thing. I see. I wonder if a non-EU resident or citizen gets a bank deposit box in EU, if they would report it to the non-EU country. I presume not...

@Sols the context and purpose are, a structure/an entity that can hold shares and act as a director, without that the entity/structure's own directors and shareholders is published publicly. Bonus: That the structure/entity is its own UBO, if anyone would care/if it would make any difference...

@Martin Everson curious because you brought it up, in which jurisdictions are bank deposit boxes not automatically reported (now and in future)? @Don just curious where will the information for that UBO registry come from - financial institutions only, or would they somehow add more...

Thank you all for sharing your thoughts. My general thoughts regarding choice of jurisdiction: There are surprisingly big privacy problems in business today, e.g. publicly published directors and even shareholders, this is a reason for Cook. Also Some busienss hubs have BEPS regulations that...

Note for Singapore you will need a local Singaporean director, and list of directors will be public. Not sure if list of shareholders is public too.