Aston & Williams Offshore Company, Trust and Bank
Turner Little - Company Formation Agents
DLS Dubai - Company Formation & Bank Account
Gift Card Payment gateway

Best Zero Tax countries

CALL US ON +971 50 4467827 - TO SETUP YOUR NON-CRS COMPANY STRUCTURE IN DUBAI.

LoveMyLife

Active Member
Why do you want a zero tax countries? Whatabout countries with territorial taxation? There are many about which almost no one ever talked. And you can open bank account easy there. You pay no taxes from foreign sourced income..
 

Konstanz

Active Member
Why do you want a zero tax countries? Whatabout countries with territorial taxation? There are many about which almost no one ever talked. And you can open bank account easy there. You pay no taxes from foreign sourced income..
These "territorial countries" usually have strict permanent establishment rulings. If work is done from that country. It can be considered work in the country. Or if you manage the foreign company through that territorial country. You can still be liable for tax.

The safest choice is 0% tax country. Everything is very clear. No surprises.
UAE is one of the best options..
There is also better option but all depends on your budget
 
Last edited:

JackAlabama

Entrepreneur
These "territorial countries" usually have strict permanent establishment rulings. If work is done from that country. It can be considered work in the country. Or if you manage the foreign company through that territorial country. You can still be liable for tax.

The safest choice is 0% tax country. Everything is very clear. No surprises.
UAE is one of the best options..
There is also better option but all depends on your budget
Panama is easy
 

LoveMyLife

Active Member
Panama: setup once and forget or life. No further cost.
Dubai: Need to renew and pay up again
You can not forget it in Panama. If your residence permit shall not be cancelled, you have to spend at least one day every year. It has to be a day of full 24 hours. So you have to at least come on day 1, be there a full day 2 and leave on day 3.

In the UAE, you have to come there at least every 6 months for at least 1 days.

So, you have to travel to UAE 2 times more. But you can not forget about Panam once you have a residence permit.
 

Konstanz

Active Member
You can not forget it in Panama. If your residence permit shall not be cancelled, you have to spend at least one day every year. It has to be a day of full 24 hours. So you have to at least come on day 1, be there a full day 2 and leave on day 3.

In the UAE, you have to come there at least every 6 months for at least 1 days.

So, you have to travel to UAE 2 times more. But you can not forget about Panam once you have a residence permit.
In real life situation it would be much more than this. Local tax inspector would ask to provide proof of life in that UAe or Panama. Utility bills, rent agreements, card statements of goods and services in that country etc. If they see you only be 1 day. This is useless. They would claim tax residence in home country and tax you
~1 month per year saying you travel a lot with proof of it might work. But you still have to build some base in UAE or Panama. Have HOME (rent or buy) etc..
 

exprtadvisrdev

Silver Member
Panama is easy
Panama easy? Lol I have never got the same amount of issues related to international payments than with banks from Panama, I'm even thinking to finally close all my accounts there. The good thing though is that their banking system is well regulated (or at least that's what everybody says)
 

nomad999

Entrepreneur
I heard panama residence permit doesn't equal tax residency, to get a certificate of residency you still need to spend 6m in the country and provide proofs that you actually live there as you primary residence.
Can anyone confirm or not ?
 

JackAlabama

Entrepreneur
I heard panama residence permit doesn't equal tax residency, to get a certificate of residency you still need to spend 6m in the country and provide proofs that you actually live there as you primary residence.
Can anyone confirm or not ?
You can pay something voluntarily, get it that way or have a home there.
 
Fast Offshore - Company Formations Since 1998
DLS Dubai Company Formation and banking solution
Top