Recent content by Don

Its a kind of digital labor, similar in concept to berry picking, but instead of harvesting fruit, the worker collects virtual coins (perhaps from a game, app, or blockchain-based source) and deposits them to the employer’s account, and in return he earns dirhams.

That's an interesting perspective. It's worth noting that some societies are still largely cash-based. I also feel like such tendencies will make stablecoins more attractive to use.

Starting January 1, 2026, the United States will implement a new 1% tax on international money transfers made using cash-based methods. Signed into law by former President Donald Trump, the measure targets remittances sent via cash, money orders, cashier’s checks, or other physical payment...

Was able to cash out this morning and fortunately transfers went through. Heard someone else got this message today: " We want to inform you that, as of today (19/06/25), our connection to the Bank of Lithuania and the SEPA network has been temporarily frozen. As a result, SEPA payments , both...

They report almost everyone now due to CESOP (If the number of payments made to one recipient exceeds 25 in a quarter, data for all these payments must be reported).

Try get some professional advice to avoid issues

Visa costs like 100 euros. You need to first figure out how to obtain a residence permit. If you have a foreign corp or are employed at one then you have more options like digital nomad visa. Yes, you can get in one day if you obtain residence permit. Legally you can do it, but not sure what...

It can work, yes.. You can try an Estonian company with a PE in Cyprus. Operate the company from Cyprus but keep management of the company and personal tax residency in Estonia. Then you just pay 12.5% CIT in Cyprus and no tax on a personal level. This can be a highly efficient setup and...

Ideally, you should obtain a tax residence certificate, so you need to get a residence permit and not just a visa. In Estonia, as soon as you get a residence permit, you can immediately get a tax residence certificate from day one, but it doesn't work like this with just visas or based on...

non-dom refers to your personal status not the company For company: you register foreign company in Cyprus as a PE you create substance so the company is not treated as tax resident in Cyprus. The point is that you are not managing this company from Cyprus, but merely operating as a Cyprus PE

Yes, but this assumes you structure the company as non tax resident in Cyprus, but operate as a PE in Cyprus, and are a non-dom.

Do you have most clients in sweden and local people doing sales in Sweden? Or what are the activities? What @Martin Everson said might work in some circumstances. However you should be wary about your personal tax residence as well as I expect that at the end of the day you want to increase you...

@wellington, how do you hedge against currency risks? (if you do at all?) SP500 recent drop measured in euros is even deeper.

You need to build substance for these structures, else it will not work. Cyprus is a great jurisdiction in the EU for a holding company.