Recent content by gridline

What would happen in case there is an exit taxation on crypto? I.e. the country taxes you on your holdings if you move to another country. Is there any ways to get around that? Given that the holdings are not declared to the local tax authority ofc.

Lets say we have Company A incorporated in Cyprus. It generates a profits and pays the 12.5% corporate tax. Company A is owned by Company B, which is incorporated in another European country, which has a double tax treaty with Cyprus. Company A pays dividends to Company B. How should the...

How would I get such a setup created? Do you have a reference to a good agent who can help in doing it? I would also like to avoid UBO registers.

Hi, I would like to know if the 12.5% Cyprus corporate tax has to be paid before or after dividends are paid? for example: The yearly profit of the company is 100€, I pay out 90€ to myself as dividends. So there is 10€ left in the company. Will the tax have to be paid of the 100€ or the 10€ ...

"grants access to the general public to beneficial ownership information of EU based companies" Does this mean, that if i own a company on Cyprus, with nominee direction and shareholders, that it will be possible for people to look up that I am the owner? If so, is there anything I can do now...

Hi, I am the owner of a Cyprus company, with nominees, which is generating a decent revenue, and I've been thinking that the company could do some investing in some property in Sweden, Romania or Portugal. Is it possible to do that in the Cyprus company, or is it necessary to have a company in...

Thanks for response, Grigorijs. I got this response from EPB: "Please be advised, the new card issued to you is registered to your corporate account with us." I also found this which might be relevant: Payoneer / firstpaychoice and Automatic data exchange from OECD So it seems like it is not...

Yes exactly, it seems like the card I got is also an individual one. I havent asked EPB about it though. Please update if you find out more. :)

Hello, I am a customer with the Euro Pacific Bank, and has generally been happy with them. However they got a new prepaid master card supplier, and I got a PrePaid SEPA MasterCard supplied by "Wirecard Solutions Ltd". My account with EPB is registered in an offshore company, but I am living in...