I've lived as a digital nomad for 4 months in Thailand and 3 months in the Philippines, while I kept paying taxes in my Northern European country. I've had to go back to my home country due to corona for 3 monthly, but I've been living and working in Ukraine for 2 months now.
Due to poor administrative execution of ceasing activities of my UK Limited Company, the remaining balance of my corporate bank account was transferred to the UK Treasury. Even though I had already paid corporation tax and personal tax over the money. I wasn't aware of all the technicalities and...
I'm planning to use a corporation to work as a freelancer in Southeast Asia for the next 3-5 years. I'm earning good money (~$200k-250k yearly), but my goal is to invest the money and to put the money away for retirement while deferring taxation.
Many accountants will charge $200 monthly and I...
My father is Turkish and my mother is German. I only have German citizenship and I'm planning permanently leaving the EU and live in Southeast Asia.
Would requesting Turkish citizenship help me in any way for saving taxes in the future?
Sometimes it can be very hard to open a corporate bank account and I can easily open a personal N26 or Transferwise bank account to get paid in. I live in Southeast Asia, but I'm still officially registered as a tax citizen in Europe, which will change soon.
I have an income of $18k monthly...
I used to live in the United Kingdom and operated through a Limited company. When moving back to my home country in Northern Europe, my accountant suggested we should close down the company.
My accountant didn't inform me to empty the bank account and I just assumed I could still withdraw the...
I have already decided that I do these things before officially emigrating from Northern Europe to Southeast Asia:
Open a N26 bank account
Open a Transferwise bank account
Request Estonian e-identity
Any other things that I should do now, while I'm still officially a citizen and tax resident...
Dubai and Monaco have extremely low taxes for everything.
Thailand and Philippines have 0 taxes on foreign sourced income.
Doesn't that mean that almost always for tech entrepreneurs, real estate entrepreneurs or even sports superstars, both countries almost wouldn't charge you any taxes on...
You can easily set-up a company in Estonia.
The Philippines do not charge foreign residents taxes for income from overseas.
Since salaries are expenses, that means the Estonian company isn't making any profits and I wouldn't have to pay any taxes?
Is it possible to have a European company to use for sending invoices while keeping the Belize tax advantages?
Some clients aren't going to be happy doing business with companies incorporated in Belize.
I liked the solution presented on nomadlist.com, but I'm not from the United States and...
If I wish to open a personal Singapore offshore bank account, do I have to fly back to Singapore later to open a corporate bank account?
I am planning to incorporate an offshore company in the future.
Do most people both have a personal and corporate bank account in Singapore?