Countries without Permenant establishment laws/rules?

[offsho]

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

 

[TheCryptoAnt]

Pay attention to countries where rather the government/tax agency are inept or they simply dont care and you good.

Mexico, Thailand, Turkey, etc are known for this.

Not saying its 'legal' nor 'by the books'. Just pointing out the way things work in real life.

 

[JohnnyDoe]

For example the often ignored Dominican Republic, where you can also find free zones.

 

[RealDude]

For example the often ignored Dominican Republic, where you can also find free zones.

Can you name a few FZs in DomRep that are relevant? The country is at the top of my next itinerary.

 

[TheCryptoAnt]

For example the often ignored Dominican Republic, where you can also find free zones.

as an added bonus, bitches under 28 are usually fine

 

[Marzio]

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?

Malta's resident non domiciled companies works exactly like you described.

 

[JohnnyDoe]

Can you name a few FZs in DomRep that are relevant? The country is at the top of my next itinerary.

https://drfreezones.com/There is something for everyone

as an added bonus, bitches under 28 are usually fine

be careful with locals and their 100+ members extended families. If you don’t respect them, you will have a bad time.

 

[TheCryptoAnt]

be careful with locals and their 100+ members extended families. If you don’t respect them, you will have a bad time.

word

 

[CyprusLawyer101]

Pe rules are not upheld in the majority of jurisdixtions. Especially if you are not somehow registering your business in the country. Its a risk based approach.

 

[flyingadventures662]

In my country Bulgaria this works for jurisdictions without DTA. But you need an ND there.

And so far the whole experience of opening such an offshore company seems to be a hell. So I am really starting to reconsider it.

 

[uplana]

https://drfreezones.com/There is something for everyone

be careful with locals and their 100+ members extended families. If you don’t respect them, you will have a bad time.

that may very well be true

 

[kekmaw]

Pay attention to countries where rather the government/tax agency are inept or they simply dont care and you good.

Mexico, Thailand, Turkey, etc are known for this.

Not saying its 'legal' nor 'by the books'. Just pointing out the way things work in real life.

Does anyone know if Brazil is one of these mismanaged countries? Seems like they don't have PE rules besides in tax treaties but they have some other version of it.

 

[TheCryptoAnt]

Does anyone know if Brazil is one of these mismanaged countries? Seems like they don't have PE rules besides in tax treaties but they have some other version of it.

See below, its really how this works.

Pe rules are not upheld in the majority of jurisdixtions. Especially if you are not somehow registering your business in the country. Its a risk based approach.

 

[blackmax]

Moldova doesnt have PE rules

 

[Cloudbanck]

Monaco, Palau and Vanuatu also officially have no PE rules I think.

 

[JustAnotherNomad]

@Marzio created a thread for this somewhere... Should be pinned maybe?

 

[Revoltec]

Moldova doesnt have PE rules

It does. https://taxsummaries.pwc.com/moldova/corporate/corporate-residence

@Marzio created a thread for this somewhere... Should be pinned maybe?

Link?