Recent content by thatIT

What is EMI? The actual services take place in european country, nothing high-risk about offering hosting, the company does not host any illegal websites or shady customers. I am currently considering Cyprus, law corporate tax but they have VAT though about 70% of the customers are outside the...

Can someone give me some recommendations as to where to incorporate my new company? I'll provide IT cloud hosting services, the physical equipment of the company (servers) are located in a European country Payments will be made using paypal, stripe and bitpay though there are alternative to...

Currently the company offers services in the local jurisdiction and meetings/decisions are taking place in the same country, so it is a local resident company not offshore and I want to continue it to be like that. Your point is valid, still in that case I wonder what would be the point in...

Not if you already pay taxes in the jurisdiction and it has a tax treaty with the home country... That's why a tax haven is not an option but paying some taxes will lower your own taxes at home.

Opening an LLC in UAE costs $7000+ is that correct? We're paying the same now for an company in the EU, not sure where the improvement cost wise is. And why not opt for a cheaper freezone structure?

Stripe is not available in UAE for quite obvious reasons, a 0% corporate tax haven is NOT an option for us.

I've been looking at starting a HK limited by shares, I read that it's extremely difficult to open a "regular" bank account in HK but that there are some fintech companies that are more lenient. I run an IT company (cloud hosting) that also accepts paypal and bitcoin. Our current bank barclays...