Recent content by brescape

In shorts, you pay corporate taxes where your company has substance and it is controlled. You pay individual tax where you are resident. Even shorter, if you plan to be resident forever in Italy, there is no much planning to do. You either pay your tax, or you break the law. if you are...

Being an online business, you can form a limited company and create some substance abroad. You will have resident director but you will held 100% of equities. You will pay corporate tax in the country of incorporation (and substance), that hopefully has been chosen to be a low corporate tax...

Issue I see, is that the UK company (regardless of the ownership) could be considered as PE in Portugal. So in this respect that CFC rules above (that I do not entirely understand) are quite important

So if the UK tax company pay directly to NHR in Portugal, the dividend will not be taxed (not by UK, nor by Portugal) UK, with 19% (soon 24%) CIT would not ce subject to the Portuguese CFC rules, from what you write above. Would it mean that a UK limited controlled from Portugal that pays...

I totally agree that Cyprus is a great option comparing to _higher_ tax jurisdiction. However, I do think that the OP has an easy and safe option has a 10+4.5% tax base, so, personally I would take that. If he wants to take a risk (and it is a risk that a non dom status in Cyrpus doesn't...

I would not bother. Not only you need proper planning and structuring, that is not cheap, but you will always possibly incur the risk of being resident _also_ somewhere else, that given that the residency rules in Cyrpus are very light, may easily win a tie break. And this means also your...

Looking at your situation, you have two (and half) options 1) Pay corporate tax in Bulgaria, and consider yourself with a center of interest in one country (Bulgaria?) and pay dividend tax there (10%+5%) 2) Pay corporate tax in Bulgaria, and do not consider you tax resident anywhere (10%+0%)...

I was in touch with them with relatively and general advise about dual countries residency, corp taxation, and PE, and they asked me around 19k. I though was way out of the park (by a factor of 12) for the type of advice asked, that probably was worth 1/2 days of work.

Does anyone has any experience with this, I found many service online but could use a recommendation of anybody having done this already? :)

My company is a software / consulting provider. Only one client based outside uk

Can somebody recommend a service for local UK resident nominee director? I am going abroad but I would like to keep substance in the country.

Hi Orange Kangaroo I have a Limited Company in uk, that does software development. It needs to stay as it is, as it has a number of contract with existing customer. I was thinking to create a Georgian 5% software company and become tax resident in Georgia - Limited company in UK invoicing...

Thank you Here is an interesting article about eligibility of 1% small business rule: https://forbes.ge/blogs/1-personal-income-tax-applicable-in-georgia-what-to-know-and-consider/ and about the residency rules...

No, that seems not correct, there is no withholding tax on dividend regardless of the country you are , and regardless if you have DTT with UK. There is witholding on Interest & Royalties, but not on dividends.: Dividends There is no requirement to deduct WHT from dividends. Therefore...

Thank you LoveMyLife, that was useful insight Although both OrangeKangaroo and myself are looking at moving our residence in Georgia, one thing is not clear about your comment: The corportae income tax in UK is 19% and there is no dividend withholding (you pay tax on dividend where you are...