Recent content by Financelady45

I spoke with a few lawyers in Romania and they told me to stay away if I try to save less than 250K because the country is Europe on paper but very different in terms of corruption, fraud,cheaters, etc

I spoke with some lawyers in Romania, a group told me that everything is possible, the other group said to forget Romania due the large burocracy. I believe Romania is worth only for those saving at least 250K per year and for at least 3 years. Also note a lot of EU countires have implemented...

Hi I am in touch with the Spain Department of Emergency, they want to buy around 5M masks to prevent the Coronavirus. I have found a factory in China but they ONLY accept payment upfront (30% immediately and 70% before sending the stock. The GOV does not want to send money to China because...

Hello Guys! My sister lives in the Philippines and she is the owner of a data center with 20+ employees. She offers service to the Philippine Gov (Data entry, etc). What kind of online business / Service would you run if you could have 20+ employees working like for free? Thanks for your ideas!

Hi As long as the foreigner live in SK for more than 6 months I do not see any reason why they should not issue a certificate. Can you please tell me more?

Hi I want to sell goods on LaModa.ru (Russia), they want me to (A) open a company in Russia or (B) get a partner in Russia who can legally make the agreement with LaModa. A new company costs around $5000 in fees and expenses I have to fill taxes every year. Do you have any suggestion how can...

I have asked more information, it is a banking licence from Puerto Rico which is worth nothing to me. The M&A firm told me that a EU bank will cost at least EUR 100M.... So I will pass the ball as Puerto Rico is a s------y place!

Hi Yes this is point. Exit Tax? How to call this? Is it legal to have it in the EU? I mean, the structure can be like: NL or DE Limited -> 100% Owned by SK Limited What can be an Exit Tax on this?

Hi I was wondering... it looks like banks offshore are not expensive, I found one for $500K and I am wondering if anyone has never acquired a bank before Bank for Sale in Europe with Licence If I buy an established bank I will be able to have a real control of all information exchange, due...

Hi, I remember one Accountant from Slovakia told me that tihs is possible as long as the Director move for 183 days to SK. The only concern he as arising was related to the social contribution because at that stage the Director will be Director of the Dutch Limited AND Self employed in SK. So...

Netherlands 25% Corporate Taxes -> Dividends To Slovakia another (10% Withholding Tax - 7% SK Dividend) if the Director moves to SK. According to this schema it should work like this, the 3% will not be refundable but at least no social security. What do you think?

OK Got it. So you did it when SK was allowing offshore companies, right? Did you pay any social contribution on the dividend?

Nice! How long did you have to stay in SK? Did you also pay social contributions? Any problem with your home country to get funds back to your place?

Swiss is a very good place if you LIVE in CH but if you live abroad, even if your name is not public, you can still not sleep well.

Hi, I was wondering if anyone has considered to incorporate a limited company in Western Europe, pay between 9% (Poland) - 30% (Germany) Corporate Taxes, live legally in the country and then after a few years, move yourself (As solo Director) to a place like Slovakia and Portugal and cash out...