Recent content by soleil1

Just because your salary is flowing from abroad and paid by a foreign company, does not mean it is foreign sourced. Foreign sourced means the work (or dividend or rental income) was done abroad. Where were you physically when you performed the work? You need to pay taxes where you worked. So you...

Thanks to all for your replies. It was very helpful :)

Hello to all A friend has offered to sell 100% ownership in a currently dormant 5 year old Singapore company + a bank account at a very reputable Singaporean bank. How much should one reasonably pay for it? I understand that as a non resident of SG the buyer would need a local director. And...

Aspire is a singapore neobank that seems to be geared towards lending with focus on south east asia... but their bank account offerings are interesting because no fees. They seem legit but cant find much info about them on the web... Has anyone tried?

Thanks for your confirmation :) Seems like UK holding company is solution My current jurisdiction shouldn't care because the holding company will have no revenue to tax (dividends are not taxed). It also does not tax foreign sourced revenue so it also does not care about the swiss company. UK...

Thanks for the reply. I'm aware of the theory, and the dividend rate between swiss company and the holding company is not the issue. My question is around paying from the holding company to myself. I want to ensure that the country of the holding company will not apply some taxes. Georgia as...

I live in a jurisdiction where dividends are not taxed. My company is based in switzerland and the DTA with my country states that individuals must pay 15% taxes to switzerland and only 5% if its a corporation. Now i could open a company in my country, have that company own shares of the swiss...