Recent content by jenhuang30

Hello, How much money do you make when you decide to move to a better place or to incorporate offshore? When do you think a relocation is worth the money? $10K Tax Saving per year? $50K Tax Saving per year? $100K Tax Saving per year? $250K Tax Saving per year? $500K Tax Saving per year? more?

Hello guys, here the proper calculaton: 100,000 EUR 25,000 EUR (Corp Tax) 75,000 EUR into LTD Bank Account A) IF Salary to myself as Director -> Progressive Taxes + Social Insurance B) If Dividend to myself another 20% - 30% of 75,000 EUR Dividend Tax + Social Insurance

The point is that by incorporating i Romania you can save around 20% taxes, however, even with a substance, countries like Germany and Austria but also other Western EU countries have strict regulations about substance, where the decisions are takes, etc etc. In they believe it is a structure...

A lot of EU countries have anti avoidance clause, if the tax rate is less than 12.50%, they they automatically consider the company as in country company with higher tax rate

Yes of course, you can buy everyone, you cannot trust anyone, you have the money, you are a big wallet walking around... all friendships will be fake and no real integration....

You have the money in a "shitoles" country..... Stress, gangsters, corruptions, instability etc.... 50% and more taxes is scam but 30% (with the dividend system9 probably is still fair for all the benefits (safe place, Western EU, buy properties, live stress free as it is no hidden money ec)

Yes this is the point, the price to live in a decent place like EU is 30% Taxes.... Also Hong Kong has introduced a new law for substance.

Remy, to which country outside EU would you relocate to save for lets say 3-4 years?

Thing is that for a EU Passport Holder, going outside EU and then getting back with money is never so easy... Also even outside there are some pains, 15/30% taxes, only -10 countries have no taxes but they have a lot of issues with decent countries in EU about information exhanging, CFC, etc. So...

Yes, this is a lovely purpose, however if I am in Europe, it will be so difficult to maintain a structure outside EU with that tax rate. Remember the "substance" issue, offshore regulation, CFS, Commor Reporting agtreement ,etc. A lot of pain and stress... Not sure if its better to pay that 30%...

1. 25% Corporate Income Tax 2. Dividend is paid, corp coughs up 5% more in dividend withholding tax 30% Is gone. --- 3. Individual receiving the dividend pays progressive Personal Income Tax, usually 20% effective rate 4. Individual spends the earnings on goods and services, paying VAT...

Yes but you always live in a gray zone... stress, problems, etc. also the regulations and laws are dramatically changing.. Do not you think so?

Thanks guys. The concept is to pay this "fair" 25% and then accumulate capital. Once ready, Portugal or Slovakia can get the dividends on a monthly base and you could move the dividends in any country of your preference... Do you think 25% or 25% + 7% is still better than offshore? I think so...

This is a good point, basically because my country has a strong reputation and safe banking system. Slovakia and portugal are not safe countries

Hi, You can keep your Limited into your hometown, then in EU you are free to move and live where you want as Director for 183+ days.