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flagfree's latest activity
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Fflagfree replied to the thread Portuguese resident NHR: Best company location/structure.You shouldn't be "operating it" from portugal (otherwise it can be considered a portuguese entity). If you ask how to declare it anyway...
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Fflagfree replied to the thread Portuguese resident NHR: Best company location/structure.Can i ask you under what section? (since if you put it under capital gains, it would be taxed)
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Fflagfree replied to the thread Portuguese resident NHR: Best company location/structure.I'll gladly file everything as much as possible, if it's 0% :D it's such a future-proof protection of "where did you get this money...
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Fflagfree replied to the thread Portuguese resident NHR: Best company location/structure.Well wait: whatever you get that should be taxed at 0% from abroad, you have to still file. Me missing something?
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Fflagfree replied to the thread Portuguese resident NHR: Best company location/structure.Wouldn't creating substance forfait the passthrough taxation, since it would become ETBUS? Also, what would be the right way of setting...
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Fflagfree reacted to Revoltec's post in the thread Setting Up an Anonymous, Low-Cost Tax-Free Company Globally in 2024 with Minimal Compliance Requirements? with
Like.
There can be many reasons for this and probably not CRS. In many countries the bank needs to flag suspicious activity by law. In that... -
Fflagfree replied to the thread Setting Up an Anonymous, Low-Cost Tax-Free Company Globally in 2024 with Minimal Compliance Requirements?.I read that in Panama they give some residency card which is initially bound to your passport, but they are always used as a couple. It...
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Fflagfree replied to the thread Setting Up an Anonymous, Low-Cost Tax-Free Company Globally in 2024 with Minimal Compliance Requirements?.Indeed. But you know, you might want to go back to that country one day. If possible I would prefer to stay anonymous, since I have no...
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Fflagfree reacted to Revoltec's post in the thread Setting Up an Anonymous, Low-Cost Tax-Free Company Globally in 2024 with Minimal Compliance Requirements? with Like.
Wrong. CRS reports to resident country and not passport country.
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Fflagfree replied to the thread Setting Up an Anonymous, Low-Cost Tax-Free Company Globally in 2024 with Minimal Compliance Requirements?.Well this is what's confusing: if you open an account as a resident (and you have an id), Panama is your home country. And that becomes...
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Fflagfree replied to the thread Setting Up an Anonymous, Low-Cost Tax-Free Company Globally in 2024 with Minimal Compliance Requirements?.About that: does this mean a panama bank account opened by a foreigner will be reported to his home country, but a panama bank account...
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Fflagfree replied to the thread Panama tax residency w/US C-Corp.Sorry, upon reading this answer (bit late but I did) I still do not understand... If income is generated from abroad, Panamanian tax is...