Recent content by tttttttt

I'm interested in expanding in DEFI, have been looking at layer 2 solutions. What project are you doing? I'd be happy to have a chat, though not sure how the PM function works.

The hotel operator is Austrian. I think there's no question that one needs to pay tax in UK, Germany or Hungary on country specific income. The question is can they come after Dubai income from the UAE company after relocating there? Citizenship can be both British or Hungarian.

In case there are several houses owned in Hungary, and there's a few apartments in Germany within a complex of 600 units that are leased to a hotel operator for 20 years, could it be a problem to relocate to Dubai in terms of tax from the perspective of the owner? Current understanding that...

I do not understand why it matters to cut all ties with the home country and close bank accounts. Can someone clarify? I thought what matters is residency. In Germany, you get that by spending more than 183 days or having an apartment available to you to live in. As a resident, you pay tax on...

UK and many countries have double tax treaties with UAE where they use the "exemption" method, which means UAE sourced income is exempt from UK tax. On the other hand, Germany uses the credit method, meaning you will still have to pay full tax in Germany, since UAE tax is 0. This is when you are...

Is there a difference between Seychelles and Belize in terms of crypto trading and defi investing company?

Would you please send me PM about your Cyprus tax accountant. I'm in the process of relocating a crypto based business there and would appreciate assistance. I can't find the PM button.

Do European agents, such as Aspen or Uniwide, have to report the UBOs of their offshore managed companies in Belize or Seychelles to a central database and authorities?

Aspen trust is a financial services company in Cyprus specialised in international financial structures. When you contact them about how a Cyprus company could help with a Belize company to make efficient investments, they give you feedback over the phone. However, they also immediately ask for...

Wouldn't you need to declare yourself the UBO to receive dividends? I'm thinking the offshore company can lend to the Cyprus company crpyto at low interest, which invests it in stock, and earns some capital gains, which it can distribute as dividend tax free, while repaying the crypto loan to...

So would the company pay corporation tax on the rent in Germany, and also in Estonia on the profit distribution, and finally individual income tax in Hungary on the dividend received from Estonia? So the same rental income would be taxed 3 times?

Let's say I live in Hungary, have a company in Estonia and through the company own property in Germany. The question is how much tax do I need to pay on the rental income? My understanding is 20%, because that's the dividend tax in Estonia for non-residents. If I distribute regularly, then 14%...