A company is a tax resident in the Slovak Republic if it has its effective place of management in the Slovak Republic, where the key management decisions are made or accepted. In such case it should be subject to local corporate tax.
If it's a single-member LLC, demonstrating the substance of the LLC might be challenging. However, if I establish a partnership, it could potentially present a better scenario?
Slovak tax autority told me that single member US LLC pays tax like V.O.S in Slovakia which Translates to Publicly Trading company. First we need to Calculate tax base depending on profits, expenses and social contributions and then i looked up V.O.S is taxed at 19% From this tax base. Where did your Contact get 7%? Dividends in Slovakia are 7% But US LLC single member disregarded entity cant paid dividends in Slovakia.
A foreign company may trade through a Slovak branch, which must be registered in the Slovak Commercial Register. The taxable income of the branch must not be lower than that which an independent entity (e.g. a Slovak company) would achieve from carrying out similar activities under similar conditions. If the branch’s taxable income cannot be assessed based on its income less costs, as adjusted for tax purposes, certain other methods may be used. A taxpayer may ask the tax authorities in writing to approve such a method.
Possibly. It depends on many factors.
Do your self a favour and reflect on the following principle a little before establishing anything: "The tax doctrine of “substance over form” is a judicial creation applied in many countries. It is often used by the courts in cases where a taxpayer has constructed a scheme of transactional relationships in documents only or primarily to obtain tax benefits. If the tax motivation outweighs the business purpose and/or profit objective of the transaction, courts will decide that “form” (written contracts and arrangements) does not reflect the “substance” (the real deal) and, on that basis deny the intended tax benefits."
In practice, it's illegal to conduct business activities in Bulgaria with a foreign entity without registering it first as a branch.
What VIsa are you going yo get ? The easiest visa is to form yet another freezone company
in practice, you can probably get away with it, but it's often not completely legal since normally to work you need to obtain a work permit
For Bulgaria. How difficult and how expensive is it? Does it allow OnlyFan girls?
