Recent content by jamescameron

That's interesting Nick, let's chat about that via DM. I'm totally with you that if anything happens, it needs to be 100% transparent and legal. Let's see if there's a way.

It's a digital service where we consult customers + offer them access to our tech platform. It's a SaaS + Consulting firm.

I'm based in Spain where I'm a fiscal resident. I also have residency in Dubai, since I've lived there for 5 years prior to moving to Spain, and I have an Emirates ID as well as an LLC registered (that doesn't operate so far). My partner is based in the US, where's a fiscal residence. We have...

If I can add to this, we are a legit active Company that develops tech (phisically in the US) and sells it on a subscription basis. I am also willing not to take any salary or dividend for at least a year.

Thanks again for your help, appreciate the effort to respond. Makes sense!

Thank you so much for your answer, I appreciate it. Basic and perhaps obvious question: being the CEO would configure myself as an employee? Although I don't perceive any salary? I'm only after the dividends at this stage, since we reinvest whatever we make.

I'm not sure if I get this right and I'm aware that I should chat with a professional tax attorney. However, this forum is such a wealth of knowledge and I found out that some of the topics that you guys cover here are not even clear to the average attorney (or maybe I'm going to the wrong...

My cofounder and I would like to incorporate our SaaS business, since it's getting traction. I'm a Spanish resident and he is an US-resident. Our customer base is global, with the majority of being US based. We thought of Delaware through Stripe Atlas, however, we are unclear of the running...

I'm a Spanish Resident (not a Spanish national) who would like to setup shop in Dubai to offer digital services together with a partner who is a resident of the UAE (non Emirati national). The goal is to offer digital services predominantly to UAE / KSA companies, but not limited - we might...

That's what I am at the moment, an Autonomo. But as my earnings grow, I was advised that I should move to an SL setup, whether in or off-shore. Both from a tax and responsibility perspective.

I understand. But regretfully, I have just filled my 720 model, so I helped the authorities go through a full colonoscopy when needed. They disseminate terror online about filing the model late, or not filing it at all, with their fines threat. Well, at least we live in a beautiful country I...

That was my original idea, but I understand from what others say that the Spanish authorities won't like it.

That makes sense, thanks Sols. And again, thanks a lot for walking me through things and I'm sorry to exploit your kindness. You talk about "my portion of the profit". Would the tax authorities consider "profit" even I leave the money on my company account in the UAE, and eventually re-invest...

Thanks for your reply Sols and advice. The Spanish legislation considers a CFC if a foreign company is owned or controlled by at least 50% by a Spanish shareholder. Also, CFC regulation applies when a foreign company does not have what the Spanish legislation considers an adequate structure...

I’m a resident of Spain (EU citizen) and I run a small solo-consulting Spanish firm that makes €100-150k a year. This year though revenue might triple as I might be winning a larger contract in Dubai. If I setup an entity in the UAE (e.g. free zone), move my business there and leave my...