Recent content by PhantomOf ThePits

Depending if you want to be director yourself or would need nominees in addition If for example you're director of the Maltese TradeCompany and would need CY HoldCo with one local nominee director, depending on number of transactions you can get it for around 8k EUR/yr including group audit...

Fiscal unit between a Maltese TradeCo and for example Cyprus HoldCo leads to effective 5% group taxation (without the need to wait for the 30% refund). However you'd need to do also a group audit in addition between the Maltese TradeCo/ CY HoldCo. The money could be sent from Malta TradeCo as...

Great clarifications, thank you @CyprusLaw. Is it still common in CY to have a BVI Trading company in combo with CY NonDom? Back then knew several people who traded like that through their offshore BVI company. If I remember well, one guy even had CY HoldCo with BVI TradeCo below and paid out...

Yes but the same agent as he knows company will be liquidated quotes completely retard prices. Therefore my question was for recommendations about CSPs with reasonable quotes for closing/selling empty MT companies.

Hi, does anyone have experience liquidating a Maltese Ltd in regards to process / costs / time-line / service providers? Any hints/experiences welcome, thank you.

Wise.com as well as Revolut.com open biz accounts for a Maltese TradeCo. Dont waste your time with local Maltese banks, 'trust me Bro'...

Let ChatGPT help to answer questions then - copy/paste ;-)

Not to ibkr.com directly, but you can send crypto to swissquote.com directly and buy stocks bonds and so on there.. Not the same as ibkr.com but also not as bad as many other brokers out there...

Maybe they meant he can go for Golden Visa route through his company setup: https://www.khaleejtimes.com/life-and-living/uae-golden-visa-for-employees-earning-dh30000-eligibility-criteria-application-process?botrequest=true

https://www.harneys.com/jurisdictions/

Wow man thats a tough one... I understand on the one side that you want to leave it behind. On the other side as the payout is so huge, you didnt want to use lawyers to prove your case? Even if the odds are low, payout is generational wealth. Get a law firm who works against a percentage of the...

Interesting thread. @cryptofriendly One thing I dont understand regarding MtGox: I have some friends who sold their MtGox bankruptcy claims in 2021 for around 50k USD per BTC. If you had 1,280 BTC there, thats over 60m USD (now even higher). You never got contacted by MtGox liquidators on your...

Wouldn't that then create Nexus in the US so you'd be taxed there if you had an 'US director'?

try wio.io

You can open bank accounts in UAE or abroad jurisdictions which accept UAE residents/passport/source of funds/KYC/UAE utility bills combinations if you have UAE residency/apartment. Having temporary EU residence won't help you in this regard and would make it more complicated.