To receive
monthly updates on new features in lowtax.net
and tax-news.com just enter your e-mail address
below:
Daily
Tax Quote
New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below.
Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers.
Lowtax Network Sites
Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail.
Tax News: Global
tax news, continuously updated through the day.
Law & Tax
News: Daily news and background data on tax and legal developments
for international business.
Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation.
Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources.
US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax.
NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers.
>
LOWTAX
ONSHORE
SLOVENIA
INFORMATION: BUSINESS, TAXATION AND INVESTMENT
We buy and Sell Precious Metals and are looking for an effective Structure
We had thought of setting up an individual Offshore Company (IBC or otherwise)in an Offshore Jurisdiction (please advise what you think is best) which doesn't trade. This Offshore Company would have 'nominee agent' agreements with seperate limited companies in each of its trading centres eg UK France Germany Ireland USA Australia. These 'nominee agents' act as Management Companies in each country for all bullion sales and trading on behalf of the Offshore Company, they charge a fee for this service to the Offshore Company of between 5-10% of turnover of the Offshore Companies Trading Revenue.The other 95-100% is remitted back to the Offshore Companies Bank Account weekly as its revenue after deducting the Management Fees.
1) What sort of Company and Where? 2) The trading is generally all online, servers in Luxembourg? 3) The trading is Global? 4) Are Luxembourg, Malta, Monaco or Madeira suitable? been told that Luxemborg has a new entity an SFC or something which can hold assets inc precious metals but like all the other jurisdictions too 5) Been told Netherland Antilles good as a new base for servers? 6) Should the Offshore Company stand alone or hold all the equity in the 'nominee agent' companies or should they themselves also be stand alone? 7) Bullion is shipped from Mints and other Dealers to us for security and we distribute but we'd like to have it sent direct to one location (Secure Freeport facility and distribute worldwide from there to save VAT, so the bullion would be shipped from mints and other bullion dealers worldwide to us at one vault facility where we'd ditribute it globally but avoid VAT. The VAT is a problem because eg Silver is VATABLE in UK but not Gold Coins and that makes UK Silver prices higher than US...a market disadvantage. 7) The owners currently reside UK but would move to Monaco for domicile purposes...eg UK & Travelling Tues-Thursday then Monaco Fri Sat Sun 8) Just looking for a lawful, honest but tax efficient and asset protected way of trading. 9)Assuming framework of above is set up...the owners then want to protect themselves and remain anonymous after transfer of their interests in above Offshore Company and have their shareholdings held by anonymous nominees or open if their domicile is low tax eg Monaco. 10)The Offshore Company will be used as a vehicle to buy assets, property, bullion and precious metals
Can anybody suggest a way forward as we're totally confused by conflicting advice.. implementing strategy with next 3 months so just sounding out to see who know whats best? Obviously August will be the month we contact chosen advisors and move forward on this
I'm living in Australia and I'm divorsed women. After 3 months I get payment from my exhusband. No children. I have two nationalities: Australian and Polish, but I dont want to live in Poland. I decided to return to live in Europe for several reasons. One of them - I dont want to keep my deposit in Australian Bank, becouce 35% TAX fees. What I can do when I get my check with considerable amount of money? Which is the best country to live? Whish is the best bank to keep deposit and get a good rent? Please, send me your advice. Magda.
I work for a multinational company and I have actually my tax residence in Portugal where I pay 42% of income tax. I have the option to change residence to France, Germany, UK, Sweden,Belgium or Nederlands. What can I do to lower this rate a lot? Txs
I am looking for the best jurisdiction for my e-commerce startup. It is important that it has a DTA with Denmark as the e-commerce startup should be a subsidiary of a danish holding. The main customers are in Europe. I am not looking for a Belize or Seychelles company or any other discount company formation service. Any advise?
I have an e-shop and want to minimize corporation tax payable.My market is Western Europe. I am resident of Canary Islands . Where should I incorporate my company?I need a solution that would take credit card payments online.Thanks steve
I am setting up a new eShop that will sell consumer goods in Europe and Switzerland. The suppliers are in Europe and the distribution will be handled by independent logistic companies. I need for my eShop: - a merchant account (credit card payments from customers) - a bank account - anonymity for both shareholder and director I am now living in Switzerland (but ready to move) and looking for a budget solution. What would be the best solution? Thanks in advance, Fritz
My company needs to send some employees to a high tax, North European country for period of 1-2 years. We have established that they would not be liable to any earnings outside this country.
Can anyone recommend how we could set-up a "dual contract" arrangement so that they also have an employment in a 3rd (preferably European) country where they can receive earnings from the dual contract at a low or zero rate? We could arrange them to visit said country for conferences, training advice etc - so prefer it to be in Europe to keep costs low.
If anyone could give me some advice it would be great.
I am thinking of selling a house in Australia, and paying the necessary taxes. This money will then be transferred to Europe. I know that if you have cash or other earnings you will not be entitled to an Australian Pension untill that cash disappears. So that no trace or so that the Australian Tax Office does not know I would still have the cash, where and how do you suggest I deposit it to use as I like when I like? Is Switzerland safe? Malta? Litchenstein? Anywhere in Europe? What do you suggest???
With threats from EU-based governements on Switzerland bank account holders, where should small investors move their money to, or put it in gold? Singapore, Hong Kong, Dubai?
I will be selling software online. Where is the best place to open a company if I want zero VAT rates and minimal corporation tax? The company will trade online and should be able to accept credit card payments.I am not concerned about dividend taxation at this stage. Thanks pete
I am from UK and have a very good income from ebay. I fear soon i will have to declare it, i dont want to be taxed or more important pay VAT. Can i make an offshore account and still trade online, paying my profits into an offshore account and will it be tax/vat free ?
I get my wholesale merchandise with no VAT obviously, from USA. I really dont want to be taxed on my items, so will an offshore account be worth thinking about?
I ama british national living in dubai for last 13 years, and currently have a UAE freezone company, all business is in the middle east region, (design consultancy)
I am considering my taxation liability if i decide to reside in the Uk again, but travel once a month to UAE to manage my business/staff in uae, then return to Uk in between
I look for a place with good internet connection, nice weather, cheap to live, nice nature, low tax, good international connections (by air), good medical infrastructure & English speaking (or second language).
If I provide consultancy services to customers situated in a number of jurisdictions through an offshore company, would this company be having a presence or some sort of permanent establishment in these jurisdictions? Do double taxation treaties help in this regard? HH
I am considering establishing an LLC in the US. However, I am not sure whether my services (actually combined into a product) will qualify or not as effectively-connected income. I will sell a magazine (investment advisory) to clients around the world. Will my proceeds from US customers be classified as US-sourced income?
I have had various educational experiences in setting up a foundation, trust, etc. It seems somewhat complex, if you haven't had any real life experience with it. I am a new business owner that lives in New Zealand, doing business in the USA (via ecommerce). I am still a US citizen, wife is a US and Canadian citizen. We are both NZ residents. I would like to set up a structure where I can legally minimize profits (and not have any governments annoying me). What problems will I have as a CFC in US doing business? I won't have any structures set up in the US, just pay people that facilitate orders. Richard
we're implementing a new offshore structure. Our holding company is in cyprus, and we are looking for a jurisdiction to set up a trust to hold the shares of the Cypriot company. The trust will do nothing else but hold these shares.
Beneficiaries are UK residents but non-doms as they hold USA passports.
We've been recommended Netherlands and Cyprus thus far for Trust set up (or private foundation).
Might anyone have any other opinions?
We're looking for privacy, information/confidentiality protection, and security. Mainly considering '1st grade' jurisdictions only.
I'd like to be able to direct about $700K a month to HSBC in an offshore account and then block the funds for different investments, letting the profits accumulate at low tax till I bring the funds into the US. I am told that no matter where I place it I'll have to deal with the close to 50% tax here in the US. I've been thinking of the Bahamas- any top 25 world bank would be OK, any suggestions?
One of the web's largest and
most authoritative business and investment information sources. Alongside
topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
Our 16 constantly updated
intelligence reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer pricing.
Reports are available for immediate downloading or as subscription
services with news pages.
Advertising & Marketing
With over 50,000 qualified readers every month our web-sites
offer a number of cost effective, targeted advertising,
sponsorship and marketing opportunities:
Display advertising - from 'skyscrapers' to 'buttons'
Content/article submission and sponsorship
Opt-in email marketing
On-line Services Directory listings
Could your corporate web-site or newsletter benefit
from incorporating regularly updated news and content
tailored to serve your clients' interests? We can provide
a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
IMPORTANT NOTICE: THE LOWTAX NETWORK
has taken reasonable care in sourcing and presenting the information contained
on this site, but accepts no responsibility for any financial or other loss
or damage that may result from its use. In particular, users of the site are
advised to take appropriate professional advice before committing themselves
to involvement in offshore jurisdictions, offshore trusts or offshore investments.
All materials on this site copyright THE LOWTAX NETWORK 1999 to 2010.
All content on this site
has been provided by BSIRN.
LOWTAX.NET
13/07 
