Recent content by FriendlyFace

Hey folks... I know that, above a certain threshold, Paypal reports income to the IRS for USA entities. I have been looking for similar information regarding Greece, and can't find anything online. Do you know what the deal is? Preferably, I would appreciate a direct link to at least one...

Hi, folks... I live in Greece. It appears the only legitimate way to have a company in another country is to live in that country 183+ days/year (or use the Cyprus 60-day rule). I'm currently looking into relatively low cost options of countries close to Greece - like Macedonia (FYROM) or...

Thank you all for the answers. I really appreciate it!

Thanks for the reply. The country in question is Greece, so it does require a company owner to live in the same country the company is incorporated, in order to not challenge the tax residency of the company. Could you perhaps point me in the right direction, at present? Assuming I do reach...

I understand. Of course Estonia will want me as an e-resident, so money from my company will go in their banks. The problem isn't Estonia. It will be Greece challenging the company's tax residency. I understand this too. But the effective management of the company will still be done in Greece.

Hi, folks... Let's say I have a company incorporated in "country A" while I live in "country B." Every post/article etc I have come across, says this: If I'm the sole owner of the company, I need to live in "country A" 183+ days of the year for the company to have a chance to be considered...

Hi guys... First of all, thanks for all the answers. Agreed. The problem is that Greece has extremely high taxes. And even some loopholes that existed have been closed and new loopholes that get discovered keep getting closed. Well, in that case, I will be required to pay taxes in Greece...

Hi, guys... Let's say I become an e-resident of Estonia and start a company there. Meanwhile, I will live in Greece. Where will the company be tax-resident? Thanks in advance!

Thanks, Martin!

Thanks for the reply, Martin. I live in Greece. I have created a company in Cyprus. I plan on opening a bank account with Alpha bank in Cyprus. I plan on spending 6+ months per year in Cyprus, and the rest in Greece. Thanks!

Hi, Martin... I have not. But again, may I ask what the issue is? Thanks!

Thanks for the responses! Hmmm… I looked around for "apart hotel" and "hotel apartment" in the country I'm interested in (Cyprus). Every single result I found comes out to at least double the cost of what I could rent a "normal" apartment for. To be fair, I understand I'm looking for...

Hello - hope you're well. As you know, in order to be a tax resident in a specific country, you need to spend at least 183 days of the year there. For example, let's say you live 6 months of the year (total) in "country A" and 6 months of the year (total) in "country B". This may be happening...

Thank you, sir!

Thanks for the reply. I work 100% online. Which might be another important point. What if Greek authorities say "why do you have a Cyprus company when you can be working from home from anywhere (including Greece)"? Do you mean something like: - Live in Cyprus 2 months of the year. - Live...