Recent content by Siggi

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I do 100% agree. Ethically speaking Id just expect someone to make these potential consequences very clear when explaining such possibilities to total newbies.

There is no bank in the world where your money is safe anyways. There is no point in holding cash reserves in the bank that you actually don't need. Cash is trash not matter where you are!

Seriously? Are you advising tax evasion here? Because that what is actually happening if you dont report Dubai profits while staying in Romania the whole year. The fact that Dubai is not reporting anything doesn't change the fact that you are actually doing tax evasion. Whoever is having such a...

Yes you have to check CFC Rules in Romania.

The cheapest and easiest solution for Dropshipping will be using a US LLC or when selling to the US it will be safier to use an UK LLP. Dubai doenst make any sense in this case! Keep in mind that staying in Romania might get you in trouble when operating offshore companies without declaring...

Its a long process but not difficult. You can get bank accounts for HK company with Paysera, Neat and Currenxie without a problem. Thats only 3 and there are more options. Bank account is def not hard to open with EMIs

Hi, what experiences do you have with Dubai companies trading crypto currencies? I could not find anything on this topic on your website. I have crypto assets that I am currently holding privately which I am looking forward to transferring to an offshore company. Would that be accepted in...

Okay Dubai but what other options do you know of that are crypto-friendly and have a 0% tax rate? I was told you can open a bank account with Migom Bank for Belize.

Hi, so are you saying as cyprus non-dom it is not possible to payout offshore dividends with 0% tax rate anymore?

Why is it not a good jurisdiction? Its still possible to be 100% shareholder of a belize company and having someone else as a director while paying out dividends as a non dom in Cyprus with 0% tax rate. This has not changed, so what do you mean?

Hi, I am also in Cyprus and I don't understand the issue with having an offshore company to payout dividends. The only thing you need to take care of is to not be the director of the company. So you just find someone else to have this position or you hire a nominee director. From there all...