Effective Management & Control

[techtrader]

How to tackle this? Many countries have this in their tax code. Can it be done with nominees and real office?

 

[Emirates]

I want to know, because my tax office say I can't open an offshore company unless I pay tax in Hungary is that true?

 

[negon]

You need a nominee director and shareholder including documents to proof the company is controlled abroad and not by you!

 

[JohnSeed]

Nominee or Trust the only valid solution!

 

[redeye]

Agree with all of the posts here. Yes you need a Nominee director and shareholder + contracts to prove the management and control takes place in the jurisdiction where the company has been registered!

 

[bastard]

How to tackle this? Many countries have this in their tax code. Can it be done with nominees and real office?

I read it requires a real office with staff and so? but not sure?

 

[Internationaloff]

Nominee (Shareholder and or Director) is for privacy on corporate documents.
If a customer needs a High level of privacy, the only solution is a Fiduciary Service (NO cheap) or new residency.

PS: I remember that with nominee services, the bank knows/identifies you as UBO.

 

[bastard]

Is real office and staff required?