Dear mates,
a friend of mine works in turkish central bank telling me to transfer my money [EUR] there to get per year 5% interest under turkish central bank guarantee.
I did some research, it's true.
Government there needs obviously money since there are elections and Erdogan may try to keep...
which trust companies did yyou use, which banks and which company is your tax consultant?
I have an offshore in freeport as well and I'm disappointed with my tax consultant and have to change him asap.
even if this topic is 2 years old i have something interesting here:
i was last week in north cyprus (NC) and opened up an bank account in a turkish bank isbank. my tax consultant told me open up an account there, nobody, not even isbank turkey, will see anything.
The first thing the lady at...
Rent your appartments to a company in a foreign country, and let the foreign company gain the big income. Then your foreign company needs an offshore shareholder to deduct the bigger income, so that in the offshore your money accumulates.
Positive aspects:
you pay less taxes
negative aspects...
you can use a trustee in the UK ltd to avoid your name shown up there.
many people use trustees for that reasons, so that your name is not in any books.
@ cyprus lawyer: yes, i want to avoid taxes in UK.
@Sols: I can invoice an amount out yes, but always to the same offshore-company and the dividents would also go to the same offshore-company which is the shareholder. Your suggestions sound good :) i just have to sophisticate it.
does anybody...
I skimmed over these 15 measures taken by authorities (BEPS), but people are still running exactly this modell sown above.
This shows that it's working, even if there are any regulations like this. Therefore, there must be any "play-rules" which allow this. MAybe someone has a link or sth. like...
Dear all,
constellation:
there is an english ltd with a north cyprus offshore as a shareholder.
Aim is to deduct all funds out of the ltd. and gather them in the offshore in north cyprus.
Question:
how can the offshore shareholder issue invoices on long term to the english ltd. (over years)...
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