St Vincent LLC's and others allow to opt-in for a 1% tax.
Then we also have Belize.
But Belize banned crypto.
Nevis multiform foundation has also an 1% tax opt-in.
Romania Micro-company tax regime 1% corperate tax up to 1.000.000 EUR on revenue but one also has to pay 19% VAT.
What is that good for?
These jurisdictions seems all quite messy (very little information available, do not even publish human readable laws). (Except for Romania but then VAT applies.)
Other alternatives with 1-5% corporate taxes, no VAT available?
Saint Vincent and The Grenadines (SVG) IBC / Territorial Taxation
As the International Business Company (IBC) offshore structure no longer exists in St Vincent due to some changes in early 2019, I understand all companies are now liable to pay 30% tax. There was a grandfathering provision for IBCs incorporated pre-Dec 2018 but as I understand this comes to an...
www.offshorecorptalk.com
Then we also have Belize.
Belize introduce corporate tax of 1,75% to please the banks.
there is a crucial difference between the 'is' status and the 'planned' one. In the furure, you have to prove, that you pay taxes elsewhere, if you can not, you have to pay taxes in Belize - see page 160 here http://www.ibcbelize.com/wp-content/uploads/2019/01/IBCAmendment_24_of_2018.pdf
www.offshorecorptalk.com
But Belize banned crypto.
Belize, Public Statement CryptoCurrency prohibited from Feb. 2019!
I just got the shitty information from an agent that Belize has banned CryptoCurrency and that it isn't allowed to maintain or own a company which deals with CryptoCurrency! That's really bad news for all the people who have put Crypto business in the description of the company's activity...
www.offshorecorptalk.com
Nevis multiform foundation has also an 1% tax opt-in.
Nevis Multiform Foundation LLC
Nevis Multiform Foundation LLC looks pretty cool. How come it has never been mentioned in these forums? Anyone having any experiences with it? It's a foundation and at the same time allowed to do business because it is at the same time also an LLC if I understand this right. Is a Nevis...
www.offshorecorptalk.com
Romania Micro-company tax regime 1% corperate tax up to 1.000.000 EUR on revenue but one also has to pay 19% VAT.
Romania - Corporate - Taxes on corporate income
Detailed description of taxes on corporate income in Romania
taxsummaries.pwc.com
What is that good for?
What's the use of elect volunteer a 1% tax?
St Vincent LLC's and others allow to opt-in for a 1% tax. https://www.offshorecorptalk.com/threads/saint-vincent-and-the-grenadines-svg-ibc-territorial-taxation.30293/ What's the use of that? Well, you can pay a bit tax and get a tax assessment letter. Can you see scenarios where this would...
www.offshorecorptalk.com
These jurisdictions seems all quite messy (very little information available, do not even publish human readable laws). (Except for Romania but then VAT applies.)
Other alternatives with 1-5% corporate taxes, no VAT available?