Recent content by John M

The question is what is your citizenship and where is your residence, as these are more important than the company registration.

Guenrsey will trigger the tax authorities in the countryes where the payments are made from, as it is perceived as “offshore/ fiscal paradise” jurisdiction. Why not use an UK company?

The Romanian government is going to increase the taxes on microcompanies starting September so you should better wait. If you are Romanian citizen but you haven’t declared yourself (at Tax Authority) as living abroad you’ll be taxed in Romania for all the income you’ll have from Romania as you...

https://www.ftadviser.com/investments/2023/05/02/criminal-charges-for-tax-avoidance-promoters-under-proposed-govt-rules/

The local banks are now requiring tax ID/ tax residence certificate for the Administrator (Director) of the company and also you need to be phisically present in order to open the bank account. You’ll also need to grant a PoA to the accountant (with Apostille if granted from abroad).

No, I think that actually EU is going to introduce EU tax residence so it won’t matter if you move from one EU country to another.

Yes, but for Non Dom, and the Italian Tax Authority will not consider this as a full tax residence in Cyprus.

Tax on dividends in Romania is only 5%, therefore it would be a great solution to receive the dividents from his Estonian company. I know a lor of italians that have residency in Romania for the same purpose

I would sugest Romania. If you find a local company to employ you for minimum wage, you’ll be employed with a full tax residency (as you are a full time employee in Romania). You’ll also need a local address and maybe a local mobile phone contract (for banking).

You can try Libra Bank Romania. https://www.libraonline.ro/ChatBotMobile/DocRequirements?utm_source=web_btnhp&utm_medium=online&utm_term=banner&utm_content=hp_btn&utm_campaign=libraonline_PF

We’re six lawyers and three paralegals. You can visit our office when in Bucharest.

Where did you get that I could be a Serbian?! Do you think that only serbians are making payments to Serbia?! You sound very professional, indeed

What questions do you have? I am lawyer in Romania and I might be able to help

The problem I am currently facing is that UK banks are considering payments to Serbia as “high risk”. Barclays closed the accounts of my UK company for payments towards Serbian Banks and there are banks that simply “do not support” payments to Serbian accounts.