Recent content by pippo

Hello Jack, Cyprus may be very interesting to attract EU clients and minimise tax. The setup may resemble the following: A Cyprus non-dom resident owns the Cyprus company on your behalf and acts as nominee director No need for employees or physical office, no extra expenses (you need a true...

@saintjohnny on telegram?

I've been advised to ask also the opinion of @saintjohnny on the topic. Would you mind to PM me? Thanks

https://thebanks.eu/banks-by-country/Cyprus It does not look so bad! Any direct experience worth sharing?

Hello, I'd like to incorporate a ltd company in Cyprus. EU resident, planning to move there since april 2022, but I'd like to have the company setup right now. 50k turnover, 100% as sales commissions. Roughly 200 invoices going out, barely 20 coming in No employees I'll be the director I need...

I am an EU National with Irish non-dom residence and I recently started to think about how to exploit my remittance based tax regime to make profit helping realtors to reduce their tax burden. I focused on Real Estate as the standard transaction size and the profit margins are high: fewer...

Trying to revive this topic. hannes, sky walsh, have you progressed in your research for info? I'm Irish non-dom but never really exploited my status to trade crypto. Now, the rest of the info I read above do not seem 100% correct to me. To the best of my knowledge, Capital Gains Tax (CGT)...

Sure enough, all of the above is true if you want to keep things transparent and legit. If you find a nominee and decide to open a company on his name, then another, then another, in an infinite loop, authorities are reasonably slow to catch you and you may get away in an easy way. Anyone can...

Hmm, besides substance you'd definitely need to give it the appearance of legality. Messi could have SOLD his image rights to the offshore companies in Belize and Uruguay for a reasonable sum, and pay Spanish taxes on it. The contract may state, for example, that Messi gets XXX € in advance...

hey, I absolutely confirm the tax nightmare and do NOT advise you to incorporate in any of those jurisdictions. Just a bit of context on the 2 jurisdictions I know thanks to direct experience: As a matter of fact, just for being the director of a company in both Italy and Spain you are liable...

12.5% corporate tax for director fees, use any of the simulators as if you were getting a salary...

Depends on what you consider "high". 90€ a month for a tax advisor 600 € a year for company address + secretary Roughly 400€ a month for a room for rent, 1k for a house, OUTSIDE DUBLIN ;-)

There's surely some better adivce around, but here's my 2 cents. Ireland has a hassle free procedure for you to setup a travel agency. In case you do not offer any travel to, from or through the Republic of Ireland, you can pretty much incorporate a ltd company there and call yourself a travel...

Hey @ontherun, you got me curious here. Could you please elaborate on: - how many accounts it may be connected to and - certain special functions Ireland struck me for the lack of banks. Coming from a country with something like 800+ banks, I was astonished to find a banking system that...