Recent content by ghouldog

yes, there is a declaration form CT2 that needs to be filed. Does not look so bad, to be honest. Wondering if I should just push back on the accountant.

Gibraltar makes a big fuss about declaring dividends, so my Gib accountant is recommending a take the profit out of my hold co. as a "consultancy fee". But I am worried that this fee may now be treated as income from work (rather than passive income), and taxed in Malta (where I am resident and...

Does anybody have any experience using a non-domiciled resident company in Malta? I.e. an operating company set up in another jurisdiction but resident in Malta for tax purposes. The reason I am asking is because setting up a Malta company seems like a huge and expensive hassle.

@jackfrost curious why did you choose Gibraltar over UK for the hold co.? Would you advise against UK for any particular reason? Thank you

Thanks, that makes a lot of sense now. I guess if you want to do things properly (i.e. you are a "digital nomad" living and working from Malta_, you would still need to register as an employee of your Malta Co (owned by an offshore co.), pay taxes on your salary (although you could choose not to...

@jackfrost Assuming you are in Malta as "economically self-sufficient", you pay your €5K in tax, have your insurance, etc. But you work remotely (running an offshore company with no business whatsoever in Malta) from home or a co-working space. Are you are breaching the rules? I understand that...

@Martin Everson @Osleak I think the key word is "AND" (i.e. you need to fulfil both thresholds). Basically, you can have a holding company with as much non-trading income (i.e. dividends) as you want as long as you do not have any trading income (which a holding company would not), and you will...

@Nomad did you get an answer to this? I have a similar situation and not sure if this is the way to go. I am concerned the holding company could be treated as Maltese due to CFC rules. Any thoughts @jackfrost?