Listing of tax havens adopted by EU

Cetme308win

Trusted Member
Business Angel
I don't think EU has balls to play such games with US
We hope that

Unofficially, the US is blacklisted in the EU. It's very difficult for an American citizen to open a bank account in the EU, and I will not renew my Wyoming LLC next month, because I haven't found a single bank willing to open an account for it in the EU.

About the list above, it's much too lengthy to be of any use. It includes Turkey, Vietnam and many countries which are far from being tax havens.
Try Paxum bank(Dominica) or Bank of Asia (BVI)

You have been a fan of Wyoming LLC for a long time with lot's of posts that people should consider it, and now it came to an end just when I started to believe you and looked into Wyoming LLC :D
As an European I am a big fan too,there are not so many banks that will open a bank for it buuut Paxum and Bank of Asia don't have any problem with that

No, it was only the tip of the iceberg. It's getting nearly impossible to do business in the EU using an offshore company. Things have changed a lot this year.
Transferwise is not good enough to me. Besides, all my transactions would be in the same currency, within the Euro-zone.
I understand you men,anyone wanna do business with a company in Belize or Seychelle...Hope US won't be blacklisted
 
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TurnedToRobot

Trusted Member
Business Angel
I know that too well. The problem is that you must have a high margin business to survive. In France and Germany, I've seen good businesses closing, because after paying all taxes, social security and everything, there was no money left for the hard working owners.
are you able to move out of the country and establish your business and company say in Malta, Cyprus or Andorra ?
 

OTR365

Building Trust
Entrepreneur
An updated list (26.03.2019):
  • American Samoa
  • Aruba
  • Barbados
  • Belize
  • Bermuda
  • Dominica
  • Fiji
  • Guam
  • Marshall Islands
  • Oman
  • Samoa
  • Trinidad and Tobago
  • United Arab Emirates
  • US Virgin Islands
  • Vanuatu
Original source, containing more detailed descriptions, is here.
 

xzars

Trusted Member
Business Angel
@OTR365

This one looks a lot better than their previous efforts. Like a schoolboy who has failed twice to do his homework, but eventually did what was needed.

I give this effort B-; solid overall, but the reasoning quoted below is not specific enough. It can be applied to many more jurisdictions, such as the Luxembourg - the hearth of the EU.

"facilitates offshore structures and arrangements aimed at attracting profits without real economic substance and has not yet resolved this issue"
 

AND2

Building Trust
Entrepreneur
Carefull with Andorra. They recently signed many tax treaties and you might find yourself living in Andorra and still having to pay taxes as if you lived in some other country!!! Depends on your center of interest: life or economic... Crazy
 

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