Alright. that makes sense.
Just wanted to check what my options are.
Since I already pay income tax for the salary I pay myself in my country of residence, along with CIT and social security I thought there would be a better way to use the surplus left over after I've paid what I need to live...
My thinking is that this would be for future income. So not the current surplus.
And since I'm doing IT work myself. I would invoice these from the other company as "consulting services", which is basically what I'm doing already now to my existing clients.
I currently work as an independent consultant in the field of software engineering, operating under my own LLC based in the EU. While I am rooted in my current location and have no immediate plans to relocate, I am considering the viability of establishing an offshore company in Dubai/UAE. The...
If only I shared a fondness of sleek cold danish design ;)
But to be considered a "non-domiciled" resident. Do I have to have another country where I'm considered "domiciled"?
The Cyprus option does seem very tempting I have to say. Especially since it seems to be a very, or at least quite, easy way to do things. Basically just setup company there, move, live there for at least 60 days (although I don't mind living there longer) and it's in the EU so can bill my...
Thank you for the input.
I'm still unsure what the optimal way to do it is. if I pay myself a salary from all the income I'm generating I guess I would pay 0% CIT. But then I would pay PIT and SS right? And 60 days seems like a nice minimum. But tbh I don't have any issues staying longer, at...
I am a SWE that is currently running my own company in the Nordics. But as most of you know the taxes here are extremely high (and the country is going to s**t, but that's another topic).
I've been looking to move abroad and also optimizing my taxes along the way.
In a optimal world I'd like...
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