Recent content by dziter

Any possibility to not be considered tax resident in France with following criterias? - You have a company in Cyprus - You live 6+ months in Cyprus - But you take a CDI (french unlimited employee contract) - For work, you have to stay in France 3.5 months per year Or is it possible to keep the...

It seems that you do not have to prove that in case of a "sedentary activity". As I pointed out, ZRR and AFR look nice too. We do not only have ZFU Another thing I am wondering, is it possible to be eligible to one of these tax incentives and considered non-tax french resident (spending most...

In France, ZFU are not the only areas giving you access to tax advantages. For more information, you can translate from official source: https://www.economie.gouv.fr/entreprises/exoneration-impots-zones-zafr-ber-zrd-zrr-zfu-qpv From my understanding, AFR and ZRR look quite interesting because...

To be clear why we are speaking about US in this setup: The 'investor part' requires a US entity. They will invest only if the asset is owned by a US entity. We do not have flexibility here and it's not any investor, we do want to proceed that way. That's why we are trying to find a solution here.

So, if we speak about: - CY LTD owns a US LLC OR Partnership between CY LTD and US LLC - All the entities are managed from Cyprus Can you confirm that: - US LLC or Partnership will be taxed at 12.5% (PE in Cyprus) - US LLC can distribute profits to the CY LTD and then the CY LTD can distribute...

In my case, the US LLC is not resident I think.

Which tax are you referring to? Does anyone have experience about real fees, tax obligations and legal framework about managing a US LLC from Cyprus? Tax implications are messy in my mind. Especially the branch tax or other things I am not aware of. We are interesting to create 1 US LCC (or...

Interesting. The goal is to have one common structure to manage different businesses that we will create from scratch or acquire (only the assets). So in this scenario, if we want to exit one business, we have to sell the shares/get away of the company. Most of investors, for small SaaS...

We are 3 partners. You mentions a holding. Does it mean: Estonia company with 3 partners + a Cyprus holding to setup. So it’s a 2 structures setup? We do not necessarily need to take off the profits but part of it from time to time would be nice. Some salary are probably necessary and the tax...

I was considering this option indeed: Pros: - Banking should be fine - Good reputation - Easy to setup and cheap to maintain Cons: - Paperwork headache with Cyprus? - Dealing with 2 juridictions (double accounting etc) Do you know if we have to charge VAT with a company based in UK for B2C...

Hi, Context: 3 partners (2 EU, 1 NON-EU) are looking to acquire a SaaS business (just the asset, not the company) All are tax residents in Cyprus All have their own personal Cypriot company for their main business activity Goal: To acquire few online businesses and to sell some at some point...

@Bill D : It is not a professional advice. Some information I have collected myself (for a non-dom individual). Hope it helps you to understand it better.

Hi, Thanks for your detailed answer. What is the rule to be considered as a financing vehicle? Not having any other activity with the company? Having a certain value/number of assets? Does a rule exists to know when an individual is falling in this category? In the past, when I asked about...

Hi, What is the most tax efficient between investing/trading as an individual OR a company? What about GESY in both cases? Context: Personal - Non-dom CY tax resident Corporate - CY company Investments - Simple securities like US Gov Bonds or S&P500 index (Trading is not the main activity /...

I did not follow the full Dukascopy story with credit/debit cards but it seems to apply only to this Swiss Bankers Card. Dukascopy Card still have the 2CHF monthly fee. Does someone know the difference between these 2 cards? What does it mean 10kCHF balance maximum balance? Inside their...