Recent content by kinglion

Arent they expensive as f***? you could pay for an dedicated server. It will be much cheaper

Its correct. But tax avoiding and tax evading are really similar. The costs for an offshore company are high. For 10k it is better to pay the taxes. They are lower than the cost of the company itself

if you are not using algos, any decent internet connection should be enough.

Rak was the First one that got recommended for me. I did not understand the esr rules. Do they apply for me?

Look at m first post. I said Freezone RAK

could you please send me the 2 examples via PM? About bank account: if you hire an agent you pay so much money for nothing.Because they don't do anything else but fill out a form with your data. To open an account you still have to go to the bank personally.

is not correct. i have researched the internet and found out that if you have a residency visa you can open an account without any problems i have no personal experience yet. only what i have read

Are there any other countries rhat would suit me better

but that would again require that in my case Germany knows about the company abroad but because of the visa i count as an arab (simply said) as long as i enter the UAE once every 6 months. For this reason they do not send anything to germany. and because I won't tell the tax office they don't...

Thtas the whole point of Visa isnt it

Can you explain me? im curious

I want to save taxes because I have more money to reinvest it is clear that i have to pay income tax here in germany when the money is deposited in my private bank account

But if I have the visa I count as a UAE resident according to UAE law. That means that nothing is transferred with the CRS. I would shoot myself in the foot when I get a Tax domicil certificate. Does RAK/UAE make sense for my plans with futures trading etc.?

I only need the Tax Domicile Certificate if I want to inform the german tax office. Am I Right? But that is exactly what I do not want. I will then be taxed in UAE but the german tax office will watch me. If f up something they will know.

I'm not an UAE resident. AFAIK when i set up an company, I can apply for residency visa. Residency visa is considered as resident is that correct?