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Recent content by Macky

  1. M

    Best 1st world countries with low to zero income tax?

    Just an update on this: - Dividend witholding tax rate in Slovakia went up from 7% to 10% since the beginning of 2024. - Romania might be a good option with only 1% tax rate on yearly micro-company turnover tax. However there are many conditions AFAIK so better check that. - Cyprus has a good...
  2. M

    Paying tax on Forex

    Since I am forex trader myself and I run a big forex site, I have regularly newbies coming to me with the same question about forex and taxes. Then when I ask them if they already earn like 3 months in a row, they answer that they are just on demo account LoL. First of all, make sure you are...
  3. M

    Offshore company for EU resident

    I mean if you are unhappy with Romania for you the best would be to live in Cyprus, as sole proprietor it is easy to proof identity and address with forex broker (most of them are located in Cyprus also by the way )and start trading forex from there.
  4. M

    Offshore company for EU resident

    If you physically move the money to Romanian bank account then yes you will have to pay local dividend tax. BTW 16% is not that high believe me, if you compare with Austria for example dividend withholding tax is 25% as an example and company profit tax in Austria another 25% so be glad where...
  5. M

    Offshore company for EU resident

    Dude, I apologize if Im wrong, but I am 99% sure you are another forex millionaire wannabe and you will NOT exceed in forex trading the 1.000.000€ yearly turnover volume that is an official threshold in order to pay 3% revenue tax in Romania for your SRL as micro company. If you are just...
  6. M

    What's the best offshore structure to avoid taxes and keep privacy?

    There is nothing like "Best structure"becaue it depends case by case. All comes down to simple question, how much money you earn what are you willing to risk.
  7. M

    Best offshore setup for run my affiliates websites

    I guess Thailand has territorial taxation, so if you are truly a tax resident of Thailand then your worldwide income from USA for your non-thai affiliate websites (not selling to Thai in Thailand| should be fine. Check this with some tax experts in Thai. Socialist France has got very aggressive...
  8. M

    Which is the best EMI for a Seychelles Company

    I share the same concern as the OP. The company in Seychelles or Belize is useless without a bank account or secure EMI. If impossible to open, why people open Seychelles companies these days ? Someone pls explain.
  9. M

    I think it is public not private. It is my profile public board that anyone can see :)

    I think it is public not private. It is my profile public board that anyone can see :)
  10. M

    Romanian micro-company

    @kevino How can I contact you in private ?
  11. M

    €700K - Where incorporate and live as digital nomade

    What about this one: Move to Cyprus, apply for non-dom tax residence for you as a private person. Rent a flat/house for 2-3 months to make it 100% legal and bulletproof and dont live anywhere else for more than 183days... Create LLP in UK and invoice from UK As tax resident of Cyprus you...
  12. M

    €700K - Where incorporate and live as digital nomade

    Can you please PM me ? I am interested to talk privately if possible. Want to establish this Slovakia Ltd. + UAE setup. Any advice from you is welcome.
  13. M

    Best offshore company for my affiliate business?

    It depends on many factors. Are you US citizen ? Where are you located ? Are you willing to relocate physically ? What affilaite program (where are they paying from) etc.
  14. M

    Cyprus company yearly running costs

    I want to ask you guys what are approx. yearly running costs for your Cyprus Ltd. ? Accounting approx 15 items per month Possibly VAT tax returns monthly Once a year tax audit required by law Do I need to rent registred office ? + What did I forget ?
  15. M

    Cyprus company + Skrill

    My understanding is, if you sell B2C inside EU you MUST charge VAT for your clients if you exceed the minimum threshold VAT turnover per year. But your clients will pay the VAT included in the price not YOU. You just collect the VAT and send it to your Tax office. Check the VAT threshold based...