Recent content by Hans Mandel

There is a website promoting SA as tax heaven - which is close to a scam. IF YOU have a residency in a third country one can officially spend a lot of time in SA and own property and still have a very explicit argument that you can opt out of becoming a tax resident. Which at least is...

hi, may I ask if you diod end up with a MRU bank account? I am also considering to open a mru company. thanks for your reply.

Doesnt sound too bad to me. But if you had another recommendation for a MRU bank I am sure we all are happy to learn more. thx.

update: 1) new input: Tax Certificate is critical One source explained that the 183 rule is applied when I personally want to apply for my MRU TAX Certificate. I didnt find it in writing but this makes sense. Only when I have my personal certificate as the director I may apply for the company...

Dear Meze, this is a great suggestion. Will happily do so and follow up here with updated results on the matter. Must I become a premium member to send PMs btw? great community, Hans Impessive. I would like to get in touch with you / your advisor. How to PM you?

Let me clarify: you are also saying :I need to first stay 183 days to become a tax resident. but on which basis? I keep digging everywhere and cannot find the reason. Original quote clearly sais: OR (!) between the conditions. I found a claim that my origin country Germany may challenge my tax...

This helps indeed. So you agree the afformentioned 182 day rule would not apply to become a tax resident? This is what I understand but noone else seems to be able to back up. I may actual use a company there but would need to find a local actual director to get the PE requirements for the...

I hear you. I may consider this. If I want a business run and operated (by myself) I understand substantial requirements - like 183 days. My question remains: where/what is the technical requirement to stay more than lets say 2 months pa - given that I dont have any active income in MRU? I...

great replies. thanks. Are you implying it is the leaving country having those requirements? Sorry I have been vague: - German citizenship, former business owner. - planing to quit my domicile in Germany (cancelling rented flat, no other ties except family, no investments). - I was carefully...

I keep finding conflicting requirements for Mauritius tax residency: Quoting: Mauritius-Residency.pdf (oecd.org) Whether a person is resident for tax purposes in Mauritius usually depends on how many days he spends in Mauritius in a tax year which is from 1 July to 30 June of the following...

Now I am looking into Cyprus (only 2 month presence required) or Mauritius - which I like anyways. Yet there I would probably need an additional EU company to invoice EU clients for IT services.

UPDATE: Sadly - this setup was too good to be true. SA TAX advisor claims: I cannot become domiciled in SA from Germanys perspective AND YET NOT a tax resident in SA. The physical presence tests is no longer applicable, the moment I claim I am a resident in SA. There is no such thing as...

understood. German tax advisor sais: LLC would be 0% - hence troublesome for my german client as this may be considered "weisse Einkünfte" = profits that are taxed nowhere and hence a major tax penalty for my client. I have business clients who wont get a VAT bill within EU - from what I...

Valid point: SA is corrupt. The actual tax interaction is apparently highly digitized nowadays so one should not deal with an individual. I have property in SA - no property in Germany. Looking back 5 years I can prove I spent more time in SA than here. So domicile status should be easy to...

Dont understand CRS Self Certification - Does this mean which residency I report to my German stock broker? I assume I tell my bank I am a "Steuerausländer" = non tax resident in Germany no more and domiciled in South Africa. Then they wont deduct any local taxed on my capital gains. I am...