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Recent content by jkl197

  1. J

    Faking UK residency for UK LTD non resident

    first: what Martin said second: it wont work as they will not find you in credit reports, electoral registers, etc. etc. so you just make the situation much worse
  2. J

    Need URGENT solution for UK Business Bank (non-resident)

    you can make some desperate attempt with EMIs such as Fireworks, Equalsmoney, Monese, but make sure to speak with them in advance explaining your case and get pre-approval from their compliance officer. As advised by others, if the sum is really substantial, ideally more than 1m then you can try...
  3. J

    POLL Who will be the next Pope?

    Pizzaballa would be the most competent to fix problems, therefore will not be elected Parolin would fit Malachia prophecy in terms of the name, some probability to be elected Zuppi more chances, unless they pick someone who is the most woke option and can make sure that rome is destroyed...
  4. J

    Premium Advertising Partner 0% Tax PANAMA Offshore Company & 0% Tax Dubai Residence with NON-CRS Bank Account & Crypto Off-Ramp - DLS Offshore

    hi all, forgive my ignorance: why panama company + HK bank and not simply HK/SG company + HK/SG bank? is it simply to avoid accounting and audit? sure audit has a cost but sometimes it is a required document when you wish to open an additional bank or brokerage account
  5. J

    Which jurisdiction should I open or purchase a bank in?

    Portorico not an option anymore?
  6. J

    Moving to Cyprus: mere business owner + medical insurance vs BO & employee + public healthcare

    it always depends on personal circumstances: - if you are obsessed with paying zero tax, then yes, dividends only is the solution; - IF you are dealing every other day with some monkeys of banks, brokers, landlord to rent a flat, medical insurance company or any insurance provider, car rental...
  7. J

    Moving to Cyprus: mere business owner + medical insurance vs BO & employee + public healthcare

    did you consider the 50% tax discount for a salary of 55k or more? https://www.harneys.com/our-blogs/regulatory/cyprus-clarifies-the-50-per-cent-income-tax-exemption-for-employment-exercised-in-cyprus/
  8. J

    Good jurisdiction for personal startup investments holding company/mini family office

    CY is interesting but the rules for companies making investments are a bit complicated when you look at SDC on certain types of dividends for example. You have to review all details with an expert
  9. J

    Roast / give me do's and dont's for my plan to move to Cyprus

    PS possibly try to stay away from UK (as tax resident) for at least 6 full years, especially if you are planning to receive dividends while you are away. If you go back to Uk before 5 years then on your return hmrc will tax the dividends you got while away, as well as part of other type of income
  10. J

    Roast / give me do's and dont's for my plan to move to Cyprus

    read below summary, you should find more complete guidance on gov.uk (the rules could be complicated, better to find a great consultant) please note that being sole director of your UK Ltd is a problem, it means you have strong ties with UK and/or they may question you are working in UK. Even...
  11. J

    Roast / give me do's and dont's for my plan to move to Cyprus

    make sure you fill out form p85 and ask your Uk accountant to remove yourself from the database for Self Assessment, unless you need to keep filing SA for some reasons. Leave as soon as possible, regardless of 5th april cut off, the more you wait after 6th April the higher the risk of creating...
  12. J

    Anyone Heard of UTGL? Trusted Trustee in Hong Kong?

    UTGL was already discussed before https://www.offshorecorptalk.com/threads/utgl-hk-trust-account-any-experience.45614/
  13. J

    Italian government surfing on bitcoin wave

    and apparently this is their reasoning: they claim that the extra tax is fair as cryptos do not serve a social purpose as prescribed by the doctrine of the Catholic Church https://www.criptovaluta.it/98740/bitcoin-tasse-cornelli-consob
  14. J

    U.S. broker for foreigners? any recommendation?

    You could try with Fidelity