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Recent content by SmartestSmarty

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    Question: How to set up a single member LLC from overseas, LOW cost online services for set up and filing.

    Thanks, I know the company will be taxed wherever I am resident/manage it from. But what I am keen to understand, is on the US side, if the income from outside of the US is potentially taxed there by either the state or the IRS. Hopefully the answer is NO.
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    Question: How to set up a single member LLC from overseas, LOW cost online services for set up and filing.

    Does anyone know? If I set up a single member LLC (disregarded entity) as a tax resident of the UK, and a non-US citizen, is all income (US and foreign sourced) disregarded for corporation tax at the Wyoming state level, and IRS? More specifically foreign source income from UK and EU.
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    The treaty non-resident UK Ltd. - the best-kept offshore secret?

    Is this a reply to my VAT question?
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    Question: How to set up a single member LLC from overseas, LOW cost online services for set up and filing.

    When reporting income earned from the single member US LLC to the IRS, does any one know, if there will be tax to pay on income earned from sources outside of the USA? I was told all US income will not be, but potentially income from outside of the US passing through the US LLC may be taxed...
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    The treaty non-resident UK Ltd. - the best-kept offshore secret?

    Would the non-resident UK LTD be able to have a UK VAT number?
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    In which countries can a non-citizen purchase land?

    Thanks, I mentioned it as generally a company should be a going concern, if not, dormant. There are still filing requirements even for a dormant company. So purchasing under a company is allowable, I’m just pointing out that there will probably be some annual filing requirements just for holding...
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    In which countries can a non-citizen purchase land?

    Thank you, owning it as a company makes sense if it is for rental income, and maybe depending on tax rates for the capital appreciation. What if you simply want to buy a house, and keep it, maybe live in, maybe use it periodically through out the year. If it is purchased under a company, the...
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    In which countries can a non-citizen purchase land?

    Hello all, I have noticed investing in apartments is not too difficult in many different countries, however when it comes to buying a house that sits on land (even if it is a small garden) - or simply buying land by itself, a non citizen is not allowed to own it. So, in which countries can a...
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    Using a non-EU car in Romania (RHD) law.

    Hello all, I hope you can help. If I take a car to Romania from the UK or from Georgia, I believe I can keep it there for up to 30 days (but I’ve also read 90days so I’m not sure on that point). If I leave and then return, does this 30 or 90 day rule reset (basically per entrance)? Or is it...
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    Question Options for a Self-Publishing Company selling on Amazon, receiving Royalties, Low Tax Set Up - EU Citizen

    Thank you. In regards to the mandatory social contributions, do you happen to know how this is calculated, or a website you can point me to?
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    Question Options for a Self-Publishing Company selling on Amazon, receiving Royalties, Low Tax Set Up - EU Citizen

    I am considering this as an option, can you clarify which form is required each year?
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    Which countries can I apply for a driving licence, without releasing mine?

    Hello all, Generally I have found that when you apply for a driving licence in another country it is exchanged for your current one. Why have I heard that some people have multiple driving licences then? I am wondering, is it possible to simply apply for a licence based off my current one...
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    Setting up business in countries which lead to citizenship

    Thanks, I have also seen that Dubai (UAE) have economic free zones as well, do you know if that could also lead to permanent residency / citizenship?
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    Setting up business in countries which lead to citizenship

    Maybe, but they have lowers some rates from 2018, it is possible they will slowly increase the rates over time. Maybe.