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OffshoreSeychelles
UK Ltd with emi bank account

Best company country setup for 2 shareholders living in 2 different countries

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JBusiness

New member
Hello all,

I plan to create a new business with a partner/shareholder.

As we are living in different countries (him in Canada and me in France). We ask ourselves which would be the best country to set up the company.
For a brand new company, we don't expect to have a complex business structure at this step.

Also, one of my concern is related to the reclassification as permanent establishment in France and/or Canada...

Any advice on this?

Thanks in advance.
 
Last edited:

JBusiness

New member
Best UAE.
Internet Related try dic.ae (Dubai Internet City)
You can get visa also and tax-free earning.
If my understanding is correct, the company would be considered as non-resident in UAE. Moreover, as some decisions will be taken from France and Canada, tax from profit will have to be paid in those 2 countries ?
 

CaptK

Nominee Company Bank Account Real Estate Passport
Mentor Group Gold
You will have to choose which one is more tax efficient for you. Ideally one of you needs to move to the UAE or alternatively use a UK LLP or US LLC.

Unfortunately both countries are very Aggressive with regards to tax.
 

hirenshukla2017

Mentor Group Gold
If my understanding is correct, the company would be considered as non-resident in UAE. Moreover, as some decisions will be taken from France and Canada, tax from profit will have to be paid in those 2 countries ?
If you remit money to your country then It will taxed as Your foreign source income.
You keep money on Company account and use visa/master card for your need.
 
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