Best EU Country to... - Page 2 - GoFuckYourself.com

MaDalton · 07-01-2015, 04:35 PM

Quote:

Originally Posted by Goethe

LOL no worries

I am german and moved everything incl. myself to CZ.

I can recommend that.

Brian mike · 07-01-2015, 04:38 PM

Cyprus i guess

ilnjscb · 07-01-2015, 09:07 PM

Quote:

Originally Posted by MaDalton

I am german and moved everything incl. myself to CZ.

I can recommend that.

From everything I hear Germany is pretty awesome these days - if you had the choice to do over again would you?

MaDalton · 07-02-2015, 05:42 AM

Quote:

Originally Posted by ilnjscb

From everything I hear Germany is pretty awesome these days - if you had the choice to do over again would you?

the German laws do not allow me to run by business like I need to - and that was the question here

otherwise it is pretty awesome, correct

aka123 · 07-02-2015, 05:51 AM

Quote:

Originally Posted by Goethe

Why does private home location matter?

One aspect of this got already answered, but in some countries (like mine) you can't just open off-shore company and run it from your own country. Well, you can, but it is considered just as a coverup and you and your company will be treated as if it wouldn't be off-shore (not regarding all aspects, but for many aspects). For it to be real off-shore company, there has to be real staff on the off-shore location and it has to be led from there (really and not just for the show). Many popular off-shore company countries have services those offer leaders and staff for your company for real and for the show. But the show part is of course at your own risk.

If you live at the off-shore location you of course need some place to live. Unless you plan to live under boat.

NaughtyEmails · 07-02-2015, 08:23 AM

I know this thread specifically said EU countries...

But has anyone incorporated in Belize? It looks like one of the most adult-friendly countries out there, and there's ZERO tax.

I'm seriously looking into it, but if anybody had some first hand experience to share that'd be cool.

faxxaff · 07-02-2015, 09:09 AM

Quote:

Originally Posted by aka123

One aspect of this got already answered, but in some countries (like mine) you can't just open off-shore company and run it from your own country. Well, you can, but it is considered just as a coverup and you and your company will be treated as if it wouldn't be off-shore (not regarding all aspects, but for many aspects). For it to be real off-shore company, there has to be real staff on the off-shore location and it has to be led from there (really and not just for the show). Many popular off-shore company countries have services those offer leaders and staff for your company for real and for the show. But the show part is of course at your own risk.

If you live at the off-shore location you of course need some place to live. Unless you plan to live under boat.

Offshore companies were never designed to be used as coverup. Of course you can create multiple entities in different jurisdictions where that is legal and have them manage and hold shares in your prime offshore company ... or you can hire people to work for you. Then it's legal .... just look at Apple, eBay, Deutsche Bank, .... Really, it comes down to the numbers. Offshore won't help unless you make more than middle six digits. Otherwise costs and fees will eat up profits just like taxman does.

BTW: people don't need to live in one and the same place all the time. They can move around and travel without having a (tax) residence. That's perfectly legal as long as you bank in a liberal country, i.e. USA or Mexico.

aka123 · 07-02-2015, 09:16 AM

Quote:

Originally Posted by faxxaff

Offshore companies were never designed to be used as coverup. Of course you can create multiple entities in different jurisdictions where that is legal and have them manage and hold shares in your prime offshore company ... or you can hire people to work for you. Then it's legal .... just look at Apple, eBay, Deutsche Bank, .... Really, it comes down to the numbers. Offshore won't help unless you make more than middle six digits. Otherwise costs and fees will eat up profits just like taxman does.

BTW: people don't need to live in one and the same place all the time. They can move around and travel without having a (tax) residence. That's perfectly legal as long as you bank in a liberal country, i.e. USA or Mexico.

Yes, of course you can travel. But in most cases the issue is not the traveling, it is the opposite, unless you mean traveling to your home country and still being taxed in some other country. I am sure that US and Mexico want to tax their people in US or Mexico. You don't have to be very liberal to tax people.

For whatever off-shore companies were designed for, those are used extensively for coverup.

faxxaff · 07-02-2015, 09:28 AM

Quote:

Originally Posted by aka123

Yes, of course you can travel. But in most cases the issue is not the traveling, it is the opposite, unless you mean traveling to your home country and still being taxed in some other country. I am sure that US and Mexico want to tax their people in US or Mexico. You don't have to be very liberal to tax people.

For whatever off-shore companies were designed for, those are used extensively for coverup.

There are many countries that don't tax passive income. There are other countries that don't tax income from third sources. They just don't care if a foreigner brings his earnings in as long as he does not live there. They don't care if he invests the funds into another company in a different country or if he gives a loan to his grand mother. And as long as the person does not have a tax residence .... nobody else cares and nobody taxes anything.

Others don't tax capital gains, etc. It's pretty easy to construct a tax free living for those who are creative as long as they are ready to move out of their "home country" and don't plan to return until you are well off.

I would say off-shore corps were designed to facilitate trade beyond borders at a time when the world was less open than it is today. Since the world gets less liberal again, there is renewed demand in such structures. The only difference: everything gets more complicated and more expensive. Just my 2 Cents.

Anyhow, I would suggest CZ, Slovakia or Hungary if EU is a must.

aka123 · 07-02-2015, 09:50 AM

Quote:

Originally Posted by faxxaff

There are many countries that don't tax passive income. There are other countries that don't tax income from third sources. They just don't care if a foreigner brings his earnings in as long as he does not live there. They don't care if he invests the funds into another company in a different country or if he gives a loan to his grand mother. And as long as the person does not have a tax residence .... nobody else cares and nobody taxes anything.

LOL. That previous discussion was and is all about how that tax residence forms. Without tax residence there is no ground for taxing (other than buying locally if there is VAT, etc.). Getting taxed without tax residence is not at all what I meant.

07-01-2015, 04:38 PM	#52
Brian mike #Alberta51 Industry Role: Join Date: Oct 2014 Location: USA Territory (Alberta) Posts: 8,247	Cyprus i guess __________________ Tube - Cam - Escorts - Top List Menu Tab - Banner - Header Link - Blog Post DM me

07-02-2015, 08:23 AM	#56
NaughtyEmails Registered User Industry Role: Join Date: Mar 2015 Location: Florida...currently Posts: 47	I know this thread specifically said EU countries... But has anyone incorporated in Belize? It looks like one of the most adult-friendly countries out there, and there's ZERO tax. I'm seriously looking into it, but if anybody had some first hand experience to share that'd be cool.