Greetings, need your best advice for this case scenario:
Brazil resident with Brazil company, working with SaaS, also Panama permanent residency.
Need to declare ownership of company in Brazil but need legal tax free for this.
My idea is: UK Holding owning Panama IBC where I would only be resident Director. Panama IBC would own US LLC - US LLC for payments processing (Stripe etc) - Panama IBC to receive eventual Dividends/Profits from US LLC - UK Holding maybe receive some dividends from Panama.
Would declare in BRazil ownership of UK Holding and nothing else because don't need to receive money in Brazil.
Would this be a safe structure? Pros and Cons? What do you suggest as changes/alternatives?
Thanks
Brazil resident with Brazil company, working with SaaS, also Panama permanent residency.
Need to declare ownership of company in Brazil but need legal tax free for this.
My idea is: UK Holding owning Panama IBC where I would only be resident Director. Panama IBC would own US LLC - US LLC for payments processing (Stripe etc) - Panama IBC to receive eventual Dividends/Profits from US LLC - UK Holding maybe receive some dividends from Panama.
Would declare in BRazil ownership of UK Holding and nothing else because don't need to receive money in Brazil.
Would this be a safe structure? Pros and Cons? What do you suggest as changes/alternatives?
Thanks