Thailand 0% tax
Hey guys, I'm in Thailand, Bangkok now, and I liked it. I'm potentially looking to move here from the UAE and UAE CT, mostly. Some YT videos claim that you can live in Thailand tax-free with...
View ArticleEasiest way to legally do an IDO?
Can anybody name jurisdictions where it will be legal and straightforward to do an IDO? I have met a team that actually did this in the UK, where FCSC compliance should be required to issue a coin,...
View ArticleTransferring personal crypto to a Cyprus company
Hi, Suppose I own cryptocurrencies as an individual and I want to cash out to FIAT through Cyprus LTD (which doesn't own these assets yet). What is a legal way to transfer personal crypto assets to a...
View ArticleUAE (Dubai) Expats: What moves will you make with the new UAE tax laws?
UAE (Dubai) Expats: What moves will you make with the new UAE tax laws? Many of us didn't expect the UAE to start taxing income on free zone companies. What steps will you take to lower/minimize your...
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Germany calls for end of national vetoes on EU tax and foreign policy
Germany calls for end of national vetoes on EU tax and foreign policy Reforms debated to ensure EU continues to function if it adds new member states such as Ukraine www.irishtimes.com Get out while...
View ArticleBuying luxury cars with undeclared money (EU)
Hi, I have been told multiple options to buy luxury cars or property in an EU country, without having to declare or pay the high tax on the money in such country, but I would like to know if they are...
View ArticleGermany changed exit tax rules back from 2022
As always our beloved germany changed their exit tax rules backwords to 2022.Means if a german paid exit taxs for moving out of germany from 2022 he will be taxed again on the new exit tax laws which...
View ArticleSeeking Advice on Lowering Withholding Tax on U.S. Investments through...
Currently, I am exploring the possibility of establishing a new entity or transferring my residence to a country that might entail less withholding tax on my US-based investments. At the moment, I...
View Articletax on disposal of shares Cyprus
Hi! Do you need to pay a GESY tax for the sale of shares in Cyprus? In case it is not a trading. I have been finding different opinions. In case it is trading it seems to be clear that it is subject to...
View ArticleAre debit card transactions exchanged under the CRS?
Hi all, I'd like to know if intra-EU the data on debit card transactions are exchanged between fiscal agencies or fiscal police under the CRS or any other agreement. I know that under the CRS are...
View ArticleForm 5472 - Compulsory Fields?
I am a perpetual traveler with a U.S. LLC and my original home country has a strict days test (and nothing else) to determine tax residency. Does anyone know whether the fields 1n ("Country(ies) under...
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Saudi Arabia
For those who are looking to reduce taxes, there's a rather compelling offer from the Kingdom: Exemption from CIT, no WHT from dividends, no personal income tax. Saudi Arabia offers tax breaks for...
View ArticleSmart enough to make - not smart enough to plan.
But of a long one - but can’t help myself thinking of this when I see some of the posts.. You generally see a lot of good posts on here about legally structuring xyz - tax avoidance (legal). But you...
View ArticleTaxes on investment income - protect against local currency devaluation
Looking for advice on taxation of investment income. It feels to me like there should be some already existing solution for this that I am just not aware of. Given: - resident of Poland (where all tax...
View ArticleDAC-7
What are your thoughts on DAC7 ? What is the difference to DAC6 ? Many online platform operators are asked to get those informations from their sellers. (also those non-EU but acting within EU) Does it...
View ArticlePanama vs. UAE Residency: Is Panama Still Worth It?
Hello everyone, I've been considering obtaining residency in another country and Panama has come up on my radar quite a few times. I wanted to reach out to this community to gather some insights and...
View ArticleLLC in US owned by a single-member resident in Panama, no ETOB but still...
I just read that considering Panama doesn't have a tax treaty with US, if the owner of a single-member LLC is a resident/citizen of Panama, even if the LLC is not ETOB you still need to pay taxes...
View ArticlePaying VAT??
Hey guys, I want to start selling in the EU. I have a HK company. And I'm dropshipping the product directly from China. Do I need to pay any VAT? If so can someone explain it to me, please? Thanks!
View Articlehow avoid CRS
Hello to everybody, I am a citizen of a very high taxation country, Italy,I am actually resident in Spain,other High tax country, I just moved to an African country not CRS ,I would like to cut all...
View ArticleWill Stripe start to report all transactions to the EU Government from 1 Jan...
Hey everyone, just saw this news - EU introduces new VAT reporting obligations as of 1 January 2024 If I understand correctly, as of January 1, Stripe will start sending all transaction information to...
View ArticleHow to avoid VAT in EU from the 1st 2024
Hi Everybody, In case some of you don't know it yet, but from the 1st of 2024 big payment processor like paypal, stripe...will have to report to EU tax authorities transactions made through their...
View ArticleReal Estate Investor Visa in Dubai / UAE - thoughts
Hello, Even though I have recently created an account, I have been reading the forum for ages and understand many of its members are familiar with and/or have a strong UAE nexus. From my side, I hope...
View ArticleSetup Company before Moving to Switzerland
Hey there, I am in the process of relocating to Switzerland and my tax advisor suggested me to get organized before moving in. In particular suggested me to setup a company (ideally before entering...
View ArticleForeign owned US LLC and accounting
Hi Let's say I'm a German citizen and resident and I open USA LLC company (the customers are from USA and they demand me to operate as a LLC) (Germany or any other European Union country, just an...
View Articleservice provider Andorra
Hi, could you recommend me any service providers in Andorra? Have to be efficient working with the reasonable prices.
View ArticleTax strategies for 2024, new game?
A lot has changed in the age of 2024. From FSI re-definition in Malaysia, to new corporate tax in UAE, to global substance requirements for offshore corporations, to BVI investigations, Thai changes,...
View ArticleTransferring over 10K€ to Thailand (Property purchase)
I was planning to send over 10K€ to Thailand to purchase a property there, but I'm scared of what repercussions this might have if the tax authorities of my country are alerted of the transfer, or if...
View ArticleThailand tax update 20/11/23
Missed - but a important update Income earned before 1/1/24 can be brought into Thailand after 1/1/24 tax feee They’ll use CRS I guess to check balances overseas to confirm Thailand’s Revenue...
View Articleoffshore trusts
how can i find a good offshore trust lawyer online? not some crook or conman???
View ArticleRecord Keeping + Fees (risk EMI)
How do people deal with the fact - bg - have a startup that i am throwing money into - completely separate from main business interests - because i'm unsure of the market up-take i am avoiding going...
View ArticleRegister brand new supercar
Hello, I'm a resident in UAE and would like to register a brand new supercar that I will buy in Luxembourg and I heard about the MT plates, do anyone know if I'm eligible with a UAE resident card and a...
View ArticleBuying UAE property for tax residency
Hey folks, I think I'm not the only one who wants to achieve freedom and don't want to live in the desert to save a few bucks on taxes. So, I have an idea to purchase the cheapest UAE property, I've...
View ArticleDo cash exchange in Dubai report to your home country?
Hello, I am wondering if the cash exchanges in Dubai report your exchanges to your home country, as they ask for passport and phone number. Does anyone know?
View ArticleMoving Maltese entities to LLC
Hi, I have a 2-tier setup in Malta (Holding + Trading companies). I'm thinking about incorporating in the US (LLC) and don't know what would be best for the Maltese companies... 1). Liquidating them...
View Articlehow is it possible that fiverr does not pay VAT in europe?
When you make a purchase from Europe they do not charge VAT, how is this possible? All sellers submit their invoices to their tax agencies with fiverr as a customer, so the scheme would be: customer...
View ArticleUAE Tax Deadlines to Avoid MASSIVE Fines?
Hey guys Just trying to get a handle on the new CT regs in the UAE and thought I'd bounce my situation off you all to ensure I'm on track. Here's my deal: I own a FZCO incorporated with IFZA since 1...
View ArticleUS LLC VAT obligations
Hi! For US LLC that is providing services to the clients in EU (both B2B and B2C) what are the obligations in regards to VAT? Any recommendations of the accounting platforms that keep track of VAT +...
View ArticlePassive income taxation in Croatia
I'm thinking about moving to Croatia from another EU country and living on passive income coming from a stock portfolio. I'd like to realize capital gains by selling shares (once or twice I year, so no...
View ArticleTax optimizing structure for Czekh s.r.o. trading company
Dear Offshorecoroptalk members, Will appreciate your opinions and advises regarding optimization of Czech registered s.r.o. trading company. The main objective is to continue operations of this legal...
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UAE: Up To Dh5m Fine, Life Imprisonment For Violating Money-Laundering,...
UAE: Up To Dh5m Fine, Life Imprisonment For Violating Money-Laundering, Terror Financing Laws Companies and individuals must step up their efforts to adhere to UAE's anti-money laundering and...
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