Recent content by charlemagne

Yes correct. I know that if they really want to find out they will. But the question is if the bullion dealer automatically reports the purchase to my home country?

Bank transfer from offshore company account in Cyprus. Gold bullion dealer in Germany. Shipping address to another EU country (not Cyprus, not Germany). My home country does not have access to the bank account since it is a company account in another EU country. Of course with CRS they will...

Btc debit card is not an option, I do not want to withdraw the money privately. I want the money to end up in my home country company's bank account. This way I will be able to use the money for investments through my home company. Yes I will pay home country corporate tax, I can live with that...

The money will end up in my company in the home country. So it will be taxed in my home country, this is not the problem. What I want to accomplish is to move funds from Cyprus company to home country company, not to private account. Cyprus corporation sending money to home country corporation...

The home country tax authorities do not have access to the bank to see the transactions. Bank account is in another country EU country.

I want to get the money in an offshore Cyprus company to a company in my home country (EU). I planned on sending an invoice from company in home country to the offshore corporation for "services". I am not talking about getting the money in my own name, it will be a company to company...

If I buy gold bullion online from Germany and have it shipped to my home country (another EU country), will my home country's tax agency receive any CRS information about the purchase? Bullion bought online, paid by bank transfer from bank outside of home country.

Yes that would be a good option but traveling at the moment when there is Corona virus in the world is not an option right now. Isn't there really any bullion dealer that will accept payment from company and delivery to different address? I don't even know how to approach a bullion dealer with...

They don't allow delivery to a different address than the registered bank account address. :( Taken from their web site: With a high number of attempted fraudulent transactions and identity theft, we are unable to send orders to different residential addresses to those other than the registered...

So Hong Kong will have to wait then. I also read that getting bank accounts for US company (for example Wyoming or New Mexico) can be pretty hard if there is no local business activities and directors are outside of US. So maybe sticking to EU for example with a Cyprus company is still...

Tax on distributed profits is very high in Estonia. But if this business is sold after 5 years for a big profit then the sale is not counted as distributed profits (I guess). Maybe Estonia could work.

Requested to change mailing address for Cyprus company with bank in Cyprus. They sent a CIF card (2 pages full of customer details) that needs to be signed and returned to the bank. Form must be signed by signatory of the company. Question is, who is this signatory? Shareholder 100% is the only...

Thank you. I never thought of opening this company outside of EU. This is a big saving on tax since the difference between Hong Kong tax and any other EU company tax is at least 10%. I double checked Amazon registration and they also accept Mauritius, Guernsey and Qatar which also are low on...

Hello I see many smart people here. Am asking for friend. What is the best setup for a European Amazon FBA company structure? Amazon FBA = Amazon Fulfillment. It means that I send goods to Amazon and then Amazon stores all goods, gets orders, packs and sends to end customers. The idea is to...