Recent content by lacomaco

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    Malta Residency or Portugal Residency + Romania SRL or UK LTD?

    Are they swiping your passport or ID? If not then they just which is not a problem at all as records are not registered
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    U.S. to terminate treaty with Hungary over resistance to global minimum tax

    In a Double-tax treaties several types of income can be taxed in both countries, foe example dividends This termination affects US taxpayers much more than Hungarians as the US obviously has much more investment in Hungary than vice versa… Quite surprisingly this “tax expert” does not even...
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    In which country do I have to pay taxes?

    No, I am just cautious
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    In which country do I have to pay taxes?

    Servers are in The Netherlands, webhosting is done in The Netherlands, VPS sare running on servers located in The Netherlands, the servers which are sold are in The Netherlands and clients are also from The Netherlands. Let's say that the possibility of taxation of the PE in The Netherlands is...
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    Question Tax-free day trading with a Cyprus company. How does that work?

    The country where a foreign registered company is controlled and managed from may tax the profits of the company. Control and management can be a “permanent establishment” - the PE.
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    Question Tax-free day trading with a Cyprus company. How does that work?

    When someone indicates “ will the profits be tax-free?” I always look both at the corporate and personal tax levels. If you start your trading after you physically move to Cyprus then the PE will not be a question. If not (and according to my experience ”eventually” usually means later) then my...
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    Upcoming EU digital ID with digital wallet

    The US, Canada and Australia will not be too much different
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    Cryptocurrency Titan Coinbase Providing “Geo Tracking Data” to ICE

    It is just so funny to hear the ravings about blockchain forgetting to tell that recording all transactions on the chain could also have some bad consequences…. Like the people who donated to the truck drivers in Canada and not just their bank accounts but the crypto accounts were frozen…...
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    Question Tax-free day trading with a Cyprus company. How does that work?

    If I understand your question correctly then I need to respectfully decline commenting on what CyprusLaw wrote. What I referred to was the possibility of taxation of the Cyprus company’s profits in the country of your residence through the place of business rule
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    In which country do I have to pay taxes?

    You forgot to attach the first rule in the OECD model treaty Paragraph 5: 1. For the purposes of this Convention, the term "permanent establishment" means a fixed place of business through which the business of an enterprise is wholly or partly carried on. That is why Rule 2 says “especially”...
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    Costs of a regular audit for Free Zone entity in Dubai

    What if you try to change your way of thinking Sergey and put substance behind what earns you the money? Cheap solutions bring cheap results
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    Question Tax-free day trading with a Cyprus company. How does that work?

    Do not forget to ask for accounting and auditing cost, especially if transactions are done in several currencies. Also, check if you might have a place of business via controlling the activities in your home country
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    Costs of a regular audit for Free Zone entity in Dubai

    Yes you need substance, a flexi desk is not a substance
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    Best Freezone to set up a Consultancy Business in Dubai

    Do you think that any respectable person can answer the question of how much the expected audit fees will be in 2025? If that was your question
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