Malta Taxes

[theRevolt]

How about going to malta, when your ready withdraw the money and have it in hands, to avoid double taxasion?

Lol that is tax evasion what you're posting.

Your company will pay less taxes so if you leave all profits in the company or invest on behalf of the company then you can get a better option.

But you really should speak to tax attorney as nobody will be on the hook but you by asking on a forum ..

Also if you enjoy where you located but complain about taxes just move. Fair system you pay taxes and live that n that country and take advantage of things the taxes pay for. Of you don't agree move, with exception of us citizens all other western countries only tax residents.

 

[Perry8]

Im making 20k+ usd profit every month.

When you have this type of profit it makes sense to move offshore. But, please note that Sweden has tough CFC rules and they can aslo try to redomicile your business. So, you have to do this correctly and put a litte effort into it.

In your situaton I would probably open a UK LLP, but it is difficult to advise without knowing all the details.

 

[ExperimentalSEO]

The best solution would be to just move to either Romania or Bulgaria.

 

[Perry8]

The best solution would be to just move to either Romania or Bulgaria.

True. Rule number one is to always leave the country where you are a citizen - at least if it is one of the high taxed countries.

 

[Intofantasy]

Ah, then it'w actually worth looking into. What about starting your holding vompany in Ireland instead?

How does that work?

 

[Intofantasy]

Lol that is tax evasion what you're posting.

Your company will pay less taxes so if you leave all profits in the company or invest on behalf of the company then you can get a better option.

But you really should speak to tax attorney as nobody will be on the hook but you by asking on a forum ..

Also if you enjoy where you located but complain about taxes just move. Fair system you pay taxes and live that n that country and take advantage of things the taxes pay for. Of you don't agree move, with exception of us citizens all other western countries only tax residents.

Thanks so much for the advice!!

 

[Intofantasy]

When you have this type of profit it makes sense to move offshore. But, please note that Sweden has tough CFC rules and they can aslo try to redomicile your business. So, you have to do this correctly and put a litte effort into it.

In your situaton I would probably open a UK LLP, but it is difficult to advise without knowing all the details.

Could you please advice me? I can fill you in the details, add me on skype kapsarn or whatsapp +46728534324

 

[frodo92]

On Romania we pay 1-3% on income (up to 1 mil eur / year) / 16% on profit (after 88,5 k eur).

 

[ExperimentalSEO]

On Romania we pay 1-3% on income (up to 1 mil eur / year) / 16% on profit (after 88,5 k eur).

It's only 10% + (~1680 euro/year) for personal income and social taxes rather than having the money stay in the business.

 

[M4DM4X]

If you weren't in EU you could use payoneer to avoid paying taxes, but now they are registered in Ireland and all EU customers accs will be moved to this new entity instead of Gibraltar like before the brexit (no financial informations share in Gibraltar, contrary to EU)