The plan is to open a new bank account for each company. When the company terminates then the bank account terminates.
Is it hard to open bank account even if the bank and company are in the same country? Example Cyprus company + cyprus bank?
Starting an offshore company with me as public shareholder, use it for one year and then close the company.
I figure that there will not be any requests from my home country to the offshore location for at least one or two years after the incorporation date.
Is the risk of getting...
Suppose I will not be hit by the CFC rules and not be taxed in my home country for the offshore company.
Then which country is sloppier with the checks and will let me deduct expenses easier than others?
I imagine Malta/Bulgaria/Cyprus/Slovakia/Romania will allow far more business expenses than...
Old reader, new writer on the site.
Having read a ton of useful information on this wonderful site I have a question for the more knowledgeable in here.
Having a company in EU will allow you deduction of business expenses related to the business.
Some countries will question expenses to...