Recent content by robertisnt

Is banking smooth on in Panama, providing you bank there.

If encryption is needed, your own office would be the safest solution.

Thanks. Do people usually need to declare that (no-tax) income in their country (Europe), if they have proof they do not need to pay taxes for that money. It is far safer, not to declare the income, so taxman doesn't know if you own the company. I am pretty sure but not certain, taxman cannot...

What is the benefit of DNA, i mean why would you register a company in Cyprys, if you still need to pay tax in cyprys and your home country and the sum of those 2 taxes is the same as the tax in your home country? I do not see there any tax benefit? There is only benefit, if you DTA allows...

If the price is no problem, you can always rent an office in belize and use remote desktop.

As far as i know any offshore company can have a paypal account, but most offshore countries excluding Hong-Kong can only withdraw money to an USA bank account or to a visa card. Paypal require account owner/representative must reside in the country. It is a nominee director who has to be...

I think you do not have to pay dividend if you spend less than 183 days in Cyprus. Not sure if i need visa to work for my company from cyprus that long (6 month per year). Even if i earn as little as 10K per month, Cyprus is much better than my country for many reasons. Surely for 1500 it...

And it is pretty cheap. I mean, everyone is doing it, so why shouldn't you. I am not sure you need to report you have a company in Cyprus to authorities in your country, if your country has the double tax agreement with Cyprus? I am pretty sure you do not have to. If you need no to pay...

Isn't the criteria, that company is resident of a country, if the management and control takes place in this country (mostly). So if he own company and controls it, this doesn't means he makes all important decision in hos home country. He may go to the offshore country make decision and then...

So lets say i spend 5 months per year on Cyprus so i am not resident, using a travel visa. can i work in this case for my company from there providing. Or i still need work permit visa. In this case i will most likely become a resident, which i do not want if taxes are very high. So please let...

An expatriate (in abbreviated form, expat) is a person temporarily or permanently residing in a country and culture other than that of the person's upbringing (other than home country). Source :Wikpedia - expatriate page

The most important, do you have right to reside there as a tourist and work/manage your company. It seems to be a very easy solution, since i do not need any visa for this. I can stay 3 months every 56 months. That is quite fine, because i am not that hard working :) *******************...

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Admin Can i both reside and manage a Cyprus company from Cyprus. and have 10% tax rate, since all income derives from outside of the Cyprus? Is cost of living in Cyprus less than 1500 EUR per month? Also is there any other country than Cyprus where i can reside, and own an IBC(or any other...

Let me explain it better. Keep in mind that Belize is just an example. From Wikipedia: "Typically the IBC cannot conduct business in the country of incorporation." Does "conduct business in the country of incorporation" means, i cannot do business with local Belize companies and individuals...