Recent content by cinquepalli

I am deeply involved in the NFT/crypto market, most of it is either: - Money laundering - A collection created by a well known artist - Collection targeting a specific niche (for example black women artists nfts) - Pay someone to build community on twitter, discord etc. If none of those above...

@marzio demonstrate to who - Is the Portuguese tax authority going to ask for these evidence?

To avoid Permanent Establishment (PE) rules in Portugal - would a LTD in Ireland with a local director and an office presence be sufficient? By taking only dividends (Which should not be taxed in Ireland from what I understand) would mean effectively only paying 12.5% taxes on corporation...

@369 to clarify in my post I was not promoting my services (since I already have enough work without needing to take extra onboard lol) just pointing out a few things that this guy seems to have overlooked

Hey I have pretty extensive experience in the crypto space as an engineer and built various white label exchanges solution in the past. I also have a strong background in financial services and know a tiny bit about what regulators look for etc. This is my take on your post: Your requirements...

I am setting up a Gibraltar company, all my clients are US based and will be B2B transactions for software services. One thing that worries me is that from what I understand nonresident are taxed at 30% in US and a W-8BEN form is required which might make the company exempt from this witholding...

Hey man slightly off topic - but how do you net $50k a month as web developer (remote and not living in the bay area nevertheless)? Do you get multiple clients and outsource your work or have a very specific skillset that is next to impossible to find?

I I am exactly in your same situation and I have been researching on this a lot, you can look at my previous posts. There is no perfect solution and really depends on you and what you value. Eastern Europe or Dubai would be best by a taxation point of view but personally I would not like...

You are right, the problem is not CFC but place of effective management rule. Would lets say a Cyprus/Maltese business, local director, an office space rent in that country and a part time employee (just a few hours a month to show that you have a local employee) work in this case to mitigate...

I am in a similar situation being a single man operation with most clients in USA. From what I understand under NHR dividends from outside Portugal are tax free. However having a single person company abroad while living in PT could lead to CFC trigger (e.g. the company be deemed as Portuguese...

How strictly enforced is the 60 days rule? E.G. do Cyprus taxman check (or care) if people are effectively spending 60 days out of the year there?

So whats the angle here then? Cyprus 60 days residency and live less than 180 elsewhere or if longer stay under the radar (e.g. no card transactions, airbnb etc.)?

Actually I just found out that NHR 20% tax rate for self employed of specialized fields is AFTER paying social security... Which means real tax rate will be much higher than 20% ca#"!:rolleyes:

Yes I would rather stay in EU for variety of reasons. I think I narrowed down between Gibraltar and Portugal. From what I have gathered realistically I will have to pay around 15-20% total taxes in either of them, Gibraltar doesnt tax capital gains which is a huge plus but also its a small...

@marzio so would the UK LLP/Gibraltar reisidency work? (no employees and all my income come from US)?