Recent content by FRANCO

Hi, Seems that you can help creating companies in Bulgaria, is this true ? If yes, I would be interested. I would like to create an IT consultancy company there. It will be working for European companies and especially French ones. Thanks

I wanted a bit more details;

Hi, Anyone who can help creating a company in Hungary? Remains the question of creating an account in a real bank in Hungaria. Anyone could help on this?

Hi Marzio, Do you have already a company in Hungary?

Hi, To be able to do business with European companies (IT domain), I think to let my Lebanese company creates a company in Hungaria. I know taxes are just 9% on the benefits, however I am not sure regarding dividends. I found the table below on Deloitte webtire: Seems following this table...

Thanks for your responses. I am going to contact you cyprusLawer. >> Think about the PE rules in UAE now with the new CIT What's PE and what's CIT :) ? Are you talking about the taxes that compnies ub UAE will have to pay starting from June 2023? As far as I know, companies in freezones are not...

Hi, I am living in Dubai and I am starting a remote consulting business in IT in domains where it's not easy to find requested skills . To facilitate finding clients and because European companies don't like to contract with companies outside of Europ for IT services, I would like to create my...

Hi, I asked transferwise if it is possible to open an account for non resident uk llp, I git the following response: Yes it is possible to open up a business profile for a UK LLC with partners in Dubai. The only restriction would be if we could provide you with certain banking details or where...

Because if he asks support and they merge both accounts, CRS report will go to France :(

I beleive it is the same problem both with US LLC and UK LLP, should use EMIs. Do you think it will be more difficult for UK LLP than US LLC ?

No, with UK LLP the company does not pay taxes, the person who owns it pay personal taxes. Exactely like US LLC. All you had to do is to create a UK LLP instead of UK LTD. At least this is my understanding, maybe guys here can confirm.

Hi, My cousin who has both french and lebanese passports have made the mistake to create a transferwise account with his french passport just to try it. Since banks in Lebanon are very dangerous these days, he would like to open a transferwise account with his lebanese passport to receive...

Hi Antonia, Why did you put in place such solution instead of just using a UK LLP? The owner of the US LLC will be the one who owns UK LLP. Guys, what's your opinion? Isn't UK LLP is more simple than the suggested schema with the same advantages (paying less taxes) ? Thanks

Hi, For me your schema is not legal because even if the money is not physically distributed and stays in the bank account of the company, you MUST declare the benefit in your revenu to Austria. This is the rule of the UK LLP and US LLC. At the end of the fiscal year of the LLP, you must declare...

Well, I'll be in the following situation: - I am not resident in Panama, I have just an account there. - I am resident in Lebanon where I spend the most of my time. - However, my income is arriving to my account in Panama (because banks in Lebanon are going to bunkpruts otherwise I would use a...