Recent content by Dexur

Portugal might be the same. But you can have a studio in Bucharest for 400e

It's still alright in Romania. The taxes a bit higher, but it's still a good option to incorporate

As somebody who was born in Russia and was following Navalny's journey just wanna say f**k you all who is saying s**t about him here :) For Russia, me, my friends and other decent human beings it was a dark day when he was murdered.

Damn Damn, I've heard it is easy and painless, but I've also heard the horrors of Spanish beer bureaucracy. Good luck with it!

How did it go for you in the end? Did you buy the property? I'm currently thinking about a similar thing - rent and then buy an apartment in Spain, but stay there less than 6 months/year and have tax residency in Romania ( plus a company and another rental/bought property there ).

Oh, very good news! Only 2% tax increase is perfectly fine. No need to panic and move to Cyprus yet xD

From my accountant: https://reinventconsulting.ro/modificarea-codului-fiscal-impact-fara-precedent-asupra-mediului-de-afaceri?fbclid=IwAR2e267e7l_X5SGPgJMWVdDSz49GH-7w9gL35C0a8-3ysQxxjgJNx9-Htec Also, https://contapp.ro/blog/modificari-cod-fiscal-2024/

Check the latest news. Romania has a high chance to lose the tax benefits by the end of this year. I'm already looking where to go next

But you will eventually have to pay those 20% of Estonian tax? Plus anything that your current residency will require Although keeping the money in Estonia for years and reinvesting sounds tempting.

Alright, so it seems that the solo trader option(PFA) is also getting knifed. The limit will be around 20k eur plus extra taxes. Dividend tax info is contradictory at the moment, but might get to 10% or stay at 8 for now. But it will be raised again, that's for sure. So, according to some...

Any link to read(even in Romanian)? I just applied for tax residency last month. The changes in the first post look scary especially considering the deadline. Romania also has a solo trader option which is a bit more expensive than SRL micro company, but considering the changes it makes sense...

You can use the office for 1y if the office is provided by your lawyer. In reality, they just move your office once a year to under a different company, in the same building ( so you don't have to do anything yourself). This is already my second year here :)

I haven't tried. If I'll buy an apartment here, I'll def register it as my office to save a few hundred eur a year. You need a virtual office at least. Should cost around 200e yearly. I use one from Reinvent consulting. And I use R&R if I need some heavy lifting like getting CNP.

I can recommend Romania and micro company. I moved here myself a while ago and it's pretty good so far. There are some language barriers and opening a company is more tricky than in more advanced places. But overall it might be the best tax jurisdiction under GDPR. You can check my post history...

Oh, thank you. That's news to me. So it's another 1.5k (maximum) euros worth of yearly taxes. Still ok considering you can take enough dividends to last for a few years and then take minimum dividends ( less than 18k lei per year ) for the next few years. Once out of money repeat the process :)...