Recent content by jeffbean

There’s massive confusion about foreign income being taxed in Thailand. The Royal decree and the official Thai tax website still says if income earned abroad is not remitted to Thailand it is NOT taxed.

It's always been tax free if not remitted

For what billing your Cyprus company and so the € comes via that?

What do you mean use como/ruul

Isn’t Thailand still a good location to setup even if you extend 183 days? Only the forgiven income remitted or locally earned is taxed in Thailand???

Does it specifically say this in the law? If someone sells a significant amount I wonder if they even have to declare in Thailand if it’s exempt anyway

There charging more now I think from this month for people with a lower balance it’s gone up by 25k

The LTR visa in Thailand comes with the benefit of no income tax on forgiven income https://ltr.boi.go.th/ Does this extend to cryptocurrencies / capital gains?

Spain doesn't recognises foundations and trusts as far as im aware

It's common for expats, digital nomads, and non-Spanish citizens to receive a salary from a foreign company while registering as autónomo in Spain. This is completely legal, and I know dozens of people doing it. Things become more complicated if you're a Spanish citizen and set up a U.S. LLC to...

I think a US LLC while living in Thailand is a good option or a Hong Kong company paying you minimum to get tax certificate for that salary

Hmm what would actually show up if they did get to that stage by using your suggested service. The nominee directors and would myself for example show as a director and a shareholder?

Regarding the nominee directors, if someone such as an investigator from another country/ tax office ran a search, I assume they can pay to access the company register and share holders? What would they actually see? Is your name exposed? If they are not audited or accounting obligations I...

Are you saying that the a good option is to use the Panama + HK setup to off ramp crypto then invoice from Dubai to Panama to extract the funds as salary?

Need to pay tax to be in the system?