it must be a US adress: "
"Complete current U.S. address:
» Report the address of the principal place of business in United States, or, if the reporting
company’s principal place of business is not in the United States, the primary location in
the United States where the company conducts...
I know both countries quite well and decided to settle in Varna/Bulgaria. Nice beaches and city made my choice besides the tax issue. No beaches like this in romania.
Can support in both countries with company founding and Accounting
hey cazorla,
i can advice you on the LLC topic for free. the foundation of a LLC is my service. total zero tax can get achieved. pls contact me on whatsapp, if you are interested +491781363936
A Romanian Microcompany (Micro SRL) with turnover below 1 Mio. € and 1 Manager (can be you) is taxed with 1% on TURNOVER (not profit)+5% dividend tax =6%.
The combination with PT has to be checked as PT changes the NHR program continiously. I can support the RO setup. I was there and in BG the...
Approx. two weeks ago, Georgia was on the list with CRS-implementation due date 01.05.20. Now, this due date has disappeared and the list format has completely changed as well. Looks like an instable CRS-implementation process :)
My personal experience on the mexican ground as an investor in the automotive business is that i would avoid, to open a company there. Corruption (5% additionaly to the invest) , mafia and laws which depend on the "interpretation" of local authorities aren't a solid base.
But...Living there at...
As I said it's tax free and as I as well said, there are many other possibilities...Many zero/low tax destinations are possible.
My reply considered eRabbit's wishes: Residency in Panama, combined with zero/low tax. UAE reputation as well is better than the classical offshore destinations from...
As an RAK-offshore Ltd. you are part of the freezone and tax resident with 0% direct tax. Physical residency is with a Ltd. not possible. 2 stopovers/year and above mentioned fees are necessary for maintenance. To open a bank account you need an agent. Restrictions in terms of your profession...
2 stopover visits/year are enough with an Offshore Ltd.. Residency is not possible and necessary. Banking and reputation are the big cons. But i may not see a topic here, looking at the initial post. Banking has to be checked. Maybe TW can help. I beleave, other UAE threads are helpful here.
Maintenance fee starts at 1500 USD/year, depending on the emirate and the company construction. RAK Offshore Ltd. is the cheapest solution with all pros and cons.
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