Recent content by vs90

Thank you! How expensive? And do they help in the UK as well?

Why?

Thanks for this. I don’t have to necessarily remit, so a fiscal unit might make more sense. I DM’ed you to ask whether you know reliable providers with experience with this structure.

Hey, thanks for sharing about the UK Holding + Malta Trading structure. I will be moving to Malta in a few weeks - do you have someone to recommend for Malta and/or the UK? Everyone I spoke to in Malta never mentioned the UK Holding and always suggested a Cyprus one - but as far as I can tell...

I am interested in the same - is the UK Holding set as dormant? As in, nothing flows through it? Also, if this is true, is this the reason not to do the fiscal unit?

Thanks for your feedback, that's great. For how long did you have this structure in place? Also, I assume you are not working with a fiscal unit since you're talking about a refund - how long did it take? I read the first year is relatively fast, then they take longer and longer, up to a few...

In UK or Cyprus? What about banks like Revolut & co?

Has anyone worked with a UK Holding for a Malta Trading? I know people generally pair a Cyprus Holding with a Malta trading. But I think the UK might have the following advantages: It's more cost-effective and leaner to manage. It's outside of the EU and less likely to be affected by ATAD3. It...

Hello! I saw you know people who have used/use the Malta non-dom residency + US LLC setup. Do you happen to know more about how they keep compliance? Thanks a lot!

Hello! I saw you use the Malta non-dom residency + US LLC setup. I am moving to Malta this year, and was thinking about Malta Trading + Cyprus Holding. However, I know some changes are coming up in Cyprus, plus the EU's Unshell directive. I am therefore looking at the US LLC setup again, but...

This works only if management and control are NOT in Malta. If they are, Maltese Tax Authorities will treat that income as Maltese earned, and not as a foreign dividend. It looks to me that it's quite unlikely they will find out if it's never remitted, and you can sustain your cost of living...

Ideally 0 :D But I am willing to pay a bit if this is going to make the structure safer. I am hoping that as a pass-through dividend (parent-subsidiary EU directive), this will not be taxed in Italy and flow directly from the Malta trading to me in a foreign account. The worst case I think is...

Thanks for the advice. I am thinking about whether it makes sense to have the holding in Italy, where my brother could be MD and ensure substance. I can put other investments in companies under it, so perhaps it would make a stronger case. However, I'll have to see if the dividend from Malta...

I think we're talking about different things? I am referring to the 5% corporate tax, which the company has to pay if there is a fiscal unit. Separately, I'll have to pay the 5k fixed income tax as a natural person. This I plan to maximise by earning a salary that results in the 5k income tax...

Thank you all for your help here. I decided to move to Malta. Now it's about figuring out the best tax structure: I don't want to do the US LCC thing because I want to sleep well at night :D I am most likely going to go for the Malta Trading + Foreign Holding The Malta Trading part is easy...