Recent content by Camille Württemberg

Your example with france is slightly different because they have heavy witholding taxes, so if tomorrow you have accumulated 10m€ in a French SA and decide to move to gibraltar, you will not be able to take out the 10m€ as dividends without paying a heavy french dividend tax. In the case of the...

100% sure, that's the only reason you have so many billionaires living in the UK and Malta. In practice, it depends on your company's activity and operations, how many employees you will have (if any), etc. In the UK for example, you can operate the business but not take decisions in the...

In the UK, going to the same hotel or staying at your parents is considered a permanent home. I'm assuming it's the case in a lot of other countries as well -- this is typically not present on the government's website but in a jurisprudence from older court cases. The only way around it is to...

Top of my head, the only few places where you can live and own/manage an offshore company without having to pay taxes in the country where you live are: - United Kingdom, using the non-dom/remittance-basis system. - Malta - Hong Kong - Singapore You can then setup a standard BVI / Seychelles /...

This is a very common structure that we have organized many times for VPN providers and cloud hosting providers. Technically the UK company becomes a re-seller of the Panamian company's service, this helps for the regulation but not for the taxes. In our experience, it is easy to export the...

Hawala means there's no need for bank transfers at all. If you know people outside of Somalia who want to send money in Somalia and some importers in Somalia who need to pay their suppliers, you can easily setup an Hawala scheme.

Doesn't the visa in question also prevent you from working? If you're in the UAE without the right to work, and you're there > 183 days a year, it is unlikely that another country can claim you as tax resident as you won't pass your Tier1 and Tier2 tests. In my 20+ years career I've never heard...

The thousands-year old way to leave no trace is Hawala. You have a guy (X) in Country A that needs to send money to Country B, and another guy (Y) in Country B that needs to send money to Country A. Instead of physically transferring the money, Y gives the money to X's choosing (in Country B)...

The Financial Ombudsman Service only applies to UK regulated firms.

Italy is 100k€ per annum and 125k€ for a couple, you then pay 0% on all income and capital gain, everywhere in the world, Italy included, crypto included, etc. The Swiss "forfait" is getting more and more difficult to get but doesn't need to cost up to 400k€, it typically costs the standard...

He might have an account with Revolut Lithuania and not Revolut UK. https://blog.revolut.com/transferring-our-lithuanian-customers-before-brexit/

That's not accurate. Only the USA, North Korea and Eritrea do this.

That's 2000's ish. Now they send to the Ultimate Beneficial Owners's countries.

Big Four accounting firms - Wikipedia

A stock and B stock costs the same, you're trading a share in both case, it's not a fund that charges fees. If you're going to invest more than 280k / 560k, you should maybe get a proper adviser and have a slightly diversified portfolio