Recent content by optimus

This is about getting a payment provider license. It's quite a process, nothing you can just order. But the fees themselves aren't that high.

Around 1000 + 0.585% in fees. Payments

A financial services company license from Lithuania might be the cheapest option. Then you can have offices in any other jurisdiction in EU. You don't have to pay the corporate tax in Lithuania.

@Martin Everson In the other FACTA thread you quoted: "The Model 1A IGAs entered into by the United States acknowledge the need for the United States to achieve equivalent levels of reciprocal automatic information exchange with partner jurisdictions. They also include a political commitment to...

I'm really surprised that Apple allows a Seychelles company on the app store just like that. Very interesting though. I have a feeling that the EU would love to make a case out of Apple for negligence around those setups - it's the biggest cash bin in the world and could be a huge windfall for...

@Pauls I didn't think in terms of investing, but a solution where a Ukrainian resident earns money from a company controlled by UBO, pays tax, but "gifts" or somehow transfers the proceeds back to UBO. I see that Ukraine has lots of stringent currency controls, but I guess it's fairly simple to...

Ukraine does a lot of IT outsourcing, so invoices/payments to Ukraine are reasonable expenses for most companies. Ukraine has a simplified tax of 5% for up to approx EUR 150k. This applies both to individuals as well as companies (simplified tax, type 3 - 5% as opposed to 3% as IT services are...