Recent content by tradeall

I am portuguese tax resident with NHR status. I don't get you with buying US T-Bills. The reason behind sending the usd to kraken and swapping to USDT is to trade in an exchange without KYC and then send to cold wallet. My question was about taxation of these operations due to my clients pay me...

And what about taxation? As a foreign owner of a U.S. single member LLC, I’m considering investing some of the LLC’s profits in cryptocurrencies (only buying USDT not trading in Kraken). Given that this LLC is a disregarded entity, I’m a non-resident alien (NRA), and I have no effectively...

Cyprus has 0% tax of WHT on dividends

Yes. The Cyprus LTD would have that protection so you don't appear in public registries. The cost for this services is around 5K when you setup the company and annually around 2 or 3K. Bookeeping, accounting, auditing. tax returns etc around 2K

Yes, for example, you can set up a company for consulting services. Ideally, this company would have a nominee shareholder, director, and secretary (all provided by a law firm). You would then obtain a VAT number, allowing you to invoice other companies within the EU (that are also in the...

Agree with Marzio. I don't know any case or anyone that have been exposed by tax authorities. It doesn't mean that the setup is right because is not. And the ruling that is in freshportugal webpage talks about a multi member LLC not a c-corp or a single membership. In my case I think that the...

Did you find more info about this? I have recently post a thread with a similar situation but with a more complex setup

Hello guys. I have searched a lot in the forum but I didn't find anything conclusive in those posts. After doing some investment in setting up companies in USA (New Mexico), Estonia and Cyprus I want to be able to be covered if I have to reply to tax authorities if I am required. I am currently...

Why do you say that? Wise is not cryptofriendly. I tried to do a transfer to an exchange and first time ok. Second time the warned me that they would close my account if I do another crypto possible transaction

Yes. You have also a IBAN account from Malta so you are able to pass cryto to FIAT in EUR, USD or GBP

If you need to transfer crypto to Fiat world you can do Off Ramp with Nexo bank. But as other colleagues mentioned you should be attached to some "patterns" that make the bank not to fire the red flags.

Hi dude. After searching on the internet there are plenty of "companies" that offer creation services. You can PM me and we can discuss the setup that I need. I am living in portugal with NHR status and Estonian company but I have problems with the deferred corporate tax. Many thanks