Recent content by zyzl

Thank you for this advice. I will try one of those. RAK Bank is asking for 6 months bank statement of my european bank, I think that is a bit much isn't it? I think it's because I have a Free Zone Establishment. The customer service employees particulary at HSBC were really rude and staight...

I have a new company formation with visa and residency in the UAE and wanted to open up a bank account in 5 days because of my flight schedule. It seems to be not possible because many are suspicous about the origin of the funds even when I present bank statements. One bank is fine but needs...

Can you tell me what kind of company foundation is needed to receive a visa to live inside the UAE? I have read that this is not possible with a regular offshore company?

Ah, okay. Perfect. I thought I then have to open up a bank account locally in Sweden or somewhere else. Thanks for the helpful information Marc, also Sols.

Do you mean opening up a bank account in Sweden or a scandinavian bank with a local branch in Latvia (locally available in Latvia/online process?)? Why do the latvian banks have such a bad reputation?

Okay, then only option is EU company + EU bank account. Double taxation treaties should also work for non-residents. If not, rent a flat and declare a new domicile.

How will they know anything related to me if it's managed by a nominee director? Perfect scenario would be UAE formation with Dubai banking. Then applying for a visa and live there. I don't know if I should go 100% anonymity or not.

As of right now I collected my information from nomad/law blogs and am in dialogue with an offshore agency (3 letters .com, probably already known here). I read about same structures here in this forum all the time, that's why I'm a bit confused right now and feel like I'm getting trolled. I...

which paragraph particularly?

This is simply not true. Because of double tax agreements inside the EU you should only be taxed once (company side) not twice. What do you mean with losing money? They close the account? CFC does not apply to every country and can be avoided if you use a local director?

double tax agreements? I should only pay 20% on dividends from Latvia or am I wrong? What's your source of information?

what do you mean exactly? It's not about avoidance, which is definitivly possible (UAE/HK?), but to choose the easiest and quickest solution for me. I can relocate to any EU country but of course stay registered in Germany if that is possible (which it should be possible, correct?). Can you...

Hi, I want to minimize my tax expenditure because I am a German resident. I can potentially re-locate to any EU country. I sell digital products. All of my customers are from GER + EU, that's why I prefer an EU bank account. The best would be RAK UAE + RAK bank account but I am not near Dubai...