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...
Could be a stupid question
But are there countries without permenant establishment rules where you are able to open offshore company from and actively work on your offshore company business without being forced to pay PIT or CIT due the PE rules, unless money remitted into the country?
Thanks
More and more entrepreneurs turn to offshore companies for a wide variety of benefits. To lots of business people, this is all about reducing tax and diversifying assets. To others, it is about minimizing the overall hassle.
If you are "lucky" enough to live in a country with lots of...
If I want to keep tax residency in the current country while having a company in another EU country, the solution is to create an economic substance there. But it seems like it's a problem to hire someone if he/she already has a job, because of limits on work hours.
Due to double tax treaties...
When operating an offshore business, you may encounter the term permanent establishment. Simply, permanent establishment (PE) is a way for jurisdictions to tax foreign businesses that operate in their jurisdiction.
Before we get into the details, remember that every country has slightly...
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