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Reply To: Where should I register a company for low taxes?

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#755942
Anonymous
Inactive

anyone should seek proper tax advice as it varies so much depending on where you live and where you were born and where you are domiciled !

There are so many variables its untrue.

but the main jist to pay zero or low tax is to move to a country with “foreign source exempt (FSE)” or Nil tax Haven(NTH) – like malta for example is FSE or hong kong which is NTH.

below is an extract of a fantastic tax guide i bought a earlier this year (its a complete 206 page quide btw, so this is just a tid bit of info, bu one that gives good examples that shows you its where you live / born / reside that matters the most and not where you incorporate…..



Possibly the easiest way to escape tax in one country is to move to
another!

With more and more people ‘telecommuting’ (working from
remote mobile offices), doing your job or running your business in
another country may not prove such a problem.
While most countries, such as the UK, tax the worldwide income
of their residents, they do not tax citizens who leave the country
and become non-resident.

So a UK a citizen can escape high UK tax bills simply by moving to
a low-tax country.

Most countries treat you as non-resident if you are absent for six to
nine months.

However this is not always the case. Certain countries such as the
US, the Philippines and Eritrea tax their citizens, no matter where
they live.

So if you’re a US citizen and go and live in the Bahamas for 10
years you’ll still have to pay US tax on all your income (subject to
a limited exemption for overseas earned income).

To escape the US tax net completely you would have to relinquish
your citizenship and acquire another one.

Citizens of most other countries, such as the UK, can escape the
taxman’s clutches by becoming non-resident.

However, certain countries make it more difficult than others to
lose your resident status.

For example, in Sweden you are regarded as resident if:

• Your ‘real home and dwelling’ is in Sweden, or 94
• Your ‘habitual abode’ is in Sweden, or
• You previously had a ‘real home and dwelling’ there and you
have an ‘essential connection’ with Sweden.

‘Essential connection’ means, for instance, that you had Swedish
property or family in Sweden.

Another big stumbling block is that anyone who has spent more
then 10 years in Sweden is deemed to remain resident for five
years after leaving, unless they can prove that they have no
‘essential connection’ with the country.

Similar rules apply in Holland. The factors that determine your
residence status include the number of days you spend in Holland
during the tax year, whether you own Dutch property and
whether you have any family there.