Recent content by D0naldDuck

Thanks guys. Do you see any problems regarding VAT (or other taxes) here? "Now imagine you hire contractors from all over the world to do the actual translation (example) work in this case, so you are more or less a platform. Would you say its still considered "rendered" in Panama? Because now...

Thanks, Sols! :) This source states that VAT is levied when selling to Consumer in the EU (telecoms, broadcasting or electronic services): https://ec.europa.eu/taxation_customs/business/vat/telecommunications-broadcasting-electronic-services/content/when-and-where-charge-vat_en I'm quite sure...

Now imagine you hire contractors from all over the world to do the actual translation (example) work in this case, so you are more or less a platform. Would you say its still considered "rendered" in Panama? Because now, the real service is executed in a third state, the one of the contractor...

Thats what I thought as well actually.

Thank you guys for your fast answers. Could you explain this statement in a bit more detail or add a few sources here? If you imagine a non-EU company selling manually carried out services, for example translation services, (at least no physical products or electronically supplied services as...

Hi guys, I’m planning to form a US LLC and run it from Panama as a Panama resident. I’m a EU resident now and the business is a service business. Afaik this should have the following consequences: - Zero tax since disregarded entity by US and forgein sourced income in panama - No VAT liability...

Hi, do you have any news on this? :)

Hi guys, It would be amazing if you would share your thoughts on that setup: 1. HK company receives B2C payment from EU customers (service business, so no VAT) through Stripe and paypal to EMI 2. HK Companys 100% shareholder is (natural person) CY resident (who manages the company from CY) 3...

Thanks for your answer! :-) Would a simple nominee director be enough for that purpose?

Hi guys, Does anyone have experience with the CFC regime in switzerland? I read online that they formally dont have CFC rules but there are some court rulings that have a similar effect as if they had CFC rules implemented. Could I, as a tax resident of switzerland, run an offshore company...

Haha „predictable environment“. One reason more to check if you could open multiple micro SRLs :D

Hi guys, Imagine you would have a romanian micro company with 1 employee hired --> 1% corporate tax on revenue (as long as revenue < 1mil). Now your business outgrows the 1mil yearly revenue. Now would it be illegal to just open multiple micro companies, so you can get more revenue taxed at...

Could you, or someone else, elaborate why non-doms arent considered tax residents? I think this would probably blow up the setups of thousands of people^^

Sounds nice, thanks Fred :)

Thanks for your response, makes sense. The problem is that the business model is more or less a platform model, meaning psychic consultants will register and work independently, will publish profile descriptions of themselves that’ll include clear mentions of psychic services etc. Would you say...