Recent content by Juoffshore

Bankera Not a good reputation on Trustpilot :)

Hi all, My client own a Belize company, and he just kicked out by TW. Any recommendation of any good EMI or Banks for a Belize corp who accept SEPA transfers ? He does not use any nominee and complex structure. He is the director and UBO of the company. He does web consulting and...

Also, @martin do you see any advantages to use local director? Or my client can be the director of the Maltese or UK structures?

Thanks @martin for your help !

You are completly right, I am sure living abroard can be a problem for bank like HSBC, Barclays UK ect, so he needs to move his money to TW or Revolut, or otherwise keep a UK address for "high street bank"

Thanks for your quick reply ! I just wondering how a director of UK companies can live abroard and still be appointed as a director a foreign company. Do you recommand him to travel in the UK to show that all the works are done in the UK and not in PT ?

Hi Everyone, I need some advices for one of my customers who own E-commerce websites. He holds a European passport and got the NHR status in Portugal where he lives. He is a shareholder of a UK company as well as Maltese company. Companies have offices, Staff and enough substance as well...

FYI Malta is no longer on the blacklist. Yes, if you want that your foreign company avoid to be taxed in portugal, you have to show that you are not doing any work from there. You need office, manager, staffs, in your offshore company. Be carrefulif you rent an office in portugal it could be...

Is it high risk activities ? What are you selling ? What's your chargeback rate ?

Portugal is good, there is no 183 days Rules with NHR programm, show them you want to live here by renting a flat, and then travel.... Offhsore incomes are not taxed as soon as they are not coming from a country blacklisted by portugal...

Make sure to have enough "substance" into your foreign company (office, Real director, employees....ect) All the management, and decisions have to be taken outside the UK, even Emails phone calls, and meeting have to be done outside the UK. If you manage your foreign company from the UK, your...

Hi Santa M, It depends where are you tax resident. You should also consider Malta with 5% CT and cyrpus 12%.

if the yellow jackets seen that, they would continue to burn the country !

AHHAH :)