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cfc rules

  1. R

    Some questions about taxation

    Hi everyone, I have a few questions about a situation I'm encountering and I'm not really sure how to handle this, here is the situation: Let say I have a company in Cyprus, I'm employee of this company and sole director/shareholder, I rent an apartment yearly, I stay in Cyprus 2 months per...
  2. 5K1PP3R

    Dubai resident and Cyprus tax resident opens Dubai company account outside Dubai. CFC+CRC?

    I am Dubai resident and Cyprus Tax resident. From what I understand CFC (controlled foreign corporation) Cyprus laws mandate me to pay Cyprus corporate profit tax on my foreign company's profit. So as long as Dubai bank considers me local resident and doesn't report me to CRS, I am safe. But if...
  3. netizen

    Question Romanian company and effective place of management

    Hi folks, I have the following situation. I, UBO live in high tax country. I am planning to open micro company in Romania and benefit from 1-3% tax on revenue and hire a director. Furthermore, I would prefer to make the company fully remote, so the director would be either digital nomad or...
  4. G

    Countries to run an US LLC from?

    Which countries are the best as a place of residence for a foreign US LLC owner? Sure, many countries have POEM and PE rules, but I'm more interested in how is it reality.
  5. T

    Question Rate my setup! Cyprus + BVI

    Thinking of moving myself and business from UK to Cyprus (I have a UK and EU passport), with this setup: 1. BVI/UAE/equiv. company from which I invoice clients. EMI to receive funds. 2. Personal residency in Cyprus, under 60 day nondom 3. Cyprus shell company for appearances. Maybe run...
  6. G

    Owning and managing a company in another EU country

    I reside in an EU country A and I want to create a company in an EU country B. This company would outsource all its work, so that the only activity for me to do is management. It would have an office in the country B and I would travel there once a month to manage the company there. The work...
  7. G

    The CFC rules and 3 countries

    If I live in country A near a border with country B, I have a company incorporated in country C, it has no employees there, and I rent an office on the company name in country B, commute there every day and work and manage the company from there, where will the company be taxed? country A has...
  8. G

    Company in Bulgaria, residency in France

    Anyone here has any experience with creating a company in Bulgaria while residing in France or other EU country? I'd hire an employee there to create an economic substance, and I'd declare the company to the country where I reside as I'm obliged to. I will pay myself nothing and keep all the...