Thank you! This tip is very interesting and it would avoid CFC since it's just a branch (I guess) and PE would not be an issue as long as I just did the work related to it from Poland.
Do you know about how the revenue from the branch is taxed in CZ or where can I find info about that? I guess...
Yes, but how could he delete his messages if @void reached the message limit rather than conversation limit? It seems an unsolved issue.
About an hour drive, why?
That makes sense because you need Mentor Group Gold to message, but I bought it and still cannot message you because of that inbox thing.
@JohnLocke can you chěck this please?
Hi Daniels,
I know - and I never asked about incorporating elsewhere. I even said I don't plan on opening a company elsewhere because it would be a waste of time and I would be triggering PE and CFC anyway.
I'd consider moving, but I have a decent amount of real estate here in the country...
Willing to, but would prefer not to move.
I'm fine letting the state steal from me a bit, just would prefer to make it a bit less than the 20% + 15% as currently (amounts to 32% now). I'd be OK paying <25% total.
Just one company for the main activity. There is a second CZ company that is used when it is preferable to not have a VAT invoice (it doesn't cross the 2 Mil CZK mark to become a VAT payer). But practically all of the activity is carried out within the main one, yes.
Yes, I'm aware of Výzkum a...
Hey All!
I currently run a company in the Czech Republic. Browsing the forum over the past weeks, I realised it makes no sense for me to incorporate an offshore company and scam the tax office by breaking PE and CFC laws.
My business is in the digital advertising space, it is a platform for...