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Best Place in Europe to Form Your Company? (No VAT & Maybe Zero Tax)
Рет қаралды 16,190
Күн бұрын
@OffshoreCitizen Жыл бұрын
We made a mistake during editing and we have Indian flag instead of Irish at 4:40 😂 lol Sorry about that!
@tinglestingles Жыл бұрын
Spoilt my fun! I enjoy seeking these little errors!.Thanks for the video!
@vrowohllt Жыл бұрын
lol wondering why it was repost
@joebloggs339 Жыл бұрын
You are forgiven. Regards, Deepak O'Reilly
@anakein 4 ай бұрын
No problem. India loves Ireland. ♡
@stephanweiskorn6760 2 ай бұрын
Excellent video 😊!
@calum.macleod Жыл бұрын
Gibraltar also has the "Private Fund" scheme which seems to be half way between a normal fund and an investment club. It looks very cost efficient for a "friends and family" type setup.
@OffshoreCitizen Жыл бұрын
I believe you're mentioning the collective investment scheme yes. Has appeals so long as you keep the number of investors low. Of course there may be reasons related to credibility you'd want a lot of things you can avoid under that scheme.
@calum.macleod Жыл бұрын
@@OffshoreCitizen Gibraltar has a range of collective investment schemes. EIF and Private Fund are both Gibraltar Alternative Investment Funds. The Private Fund in particular can be an easy way to establish a small, simple fund for people who know each other already. I didn't understand the second paragraph above. "want a lot of things you can avoid"?
@calum.macleod Жыл бұрын
@@OffshoreCitizen Gibraltar has EIF and Private fund, which are both Alternative Investment Funds. The Private Fund can be an easy way to establish a small fund for people who already know each other. I didn't understand the second paragraph. "want a lot of things you can avoid"?
@OffshoreCitizen Жыл бұрын
I was basically saying when you establish a fund there are certain things you might want for credibility such as related to fund manager, auditor etc and you can avoid some of these through that scheme
@calum.macleod Жыл бұрын
@@OffshoreCitizen Yes, the basic idea for Private Fund is to be able to get it going with friends and family capital and very little cost and friction. Then, after a year you can upgrade to EIF once you have some track record and can hopefully afford the extra costs.
@davidlang1247 Жыл бұрын
Woow your knowledge is insane, i am running a UK conpany and planning to do that from tenerife now. Gonna book a call in, you are a Dark Wader of Tax legislations 😅🎉🎉
@OffshoreCitizen Жыл бұрын
Haha thanks 🙏🏻
@Carlos.Flores 2 ай бұрын
Great content, thank you! For KZfaq earnings, would you recommend Gibraltar over Estonia? I am based in Peru. Thank you
@Leonardo_A1 7 ай бұрын
Hi Michael, thanks a lot for your update. Could you post some Banks whicg could be used with setup Gibraltar. Thanks Leonardo
@kevinamorimrealestate Жыл бұрын
Why is the arrow in the thumbnail pointing to Morroco?
@VERTICALWisdom Жыл бұрын
Great content... thank you
@OffshoreCitizen Жыл бұрын
Always a pleasure. Thank you for keeping up. What are your thoughts on this topic?
@fritzmetzger22 Жыл бұрын
Nice video editing and good content, as usual :)
@OffshoreCitizen Жыл бұрын
Thank you, John! Appreciate your support. How do you feel about Gibraltar?
@gainz6180 Жыл бұрын
Get the arrow on the thumbnail fixed… its literally pointing to north morocco, not gibraltar
@defenderoflight 3 ай бұрын
Huge problem with gibraltar is the brutal tax contract spain made with it after Brexit.
@Pagan-hn4du Жыл бұрын
Why portuguese companies borrow the debt from hong kong the most?as Americans do in porto rico
@Eric-jt8yx Жыл бұрын
Great video but have you considered breathing more deeply and speaking from your diaphragm? You seem to be speaking mostly from your throat. This makes it quite difficult to listen and tends to a very monotone presentation. Thanks again for the great video. I hope you appreciate the feedback
@OffshoreCitizen Жыл бұрын
Something to work on thanks for the feedback
@keentogo Жыл бұрын
No VAT within Gibraltar but is VAT liable on electronic services provided to UK / EU countries at the rate that they charge? Or need to register for VAT in those countries where the service is provided?
@hendrixansel9750 Жыл бұрын
You need to register for VAT in those countries where the service is provided. So yeah, what he says in video about VAT is just for advertisement bs.
@OffshoreCitizen Жыл бұрын
Yeah technically the way VAT and also usually sales tax in other places such as much of the US is supposed to work is it should be the same regardless of where the company is registered. In practice foreign small businesses tend not to charge because there's no good policing or enforcement mechanism & no incentive for customers to say anything about it.
@keentogo Жыл бұрын
@@OffshoreCitizen When we had a SAS company in France our accountant made us show the sales split for each country in the EU and the amount of the VAT applicable at the country's rate, then pay all of that to France to distribute accordingly. 😩 We left France and closed the company. It was new in July of 2021 apparently. No VAT due on sales outside the EU.
@OffshoreCitizen Жыл бұрын
Yes that's normal. EU VAT is quite a nightmare
@Ram-hu-mai Жыл бұрын
you had the Indian flag as Irish at 4:43
@hemantparakh6462 Жыл бұрын
I wish to play Dominoes in Gibraltar so kindly suggest a suitable plan for me to start a Company to play Dominoes in Gibraltar
@plammenn888 Жыл бұрын
Thanks for your video. I am from Bulgaria and wondering if I open a non-citizen U.S . LLC and gain capital from services rendered(Video Marketing/2D Animation) in that US LLC, will I be obliged to tax here in Bulgaria. And if yes is there any way to open an offshore noncitizen company anywhere in the world and not be obliged to pay taxes here in my home country. Thanks in advance.
@OffshoreCitizen Жыл бұрын
Hi Plamen, best to reach out so we can discuss all the details of your situation
@Leonardo_A1 Жыл бұрын
Hi Plamen, here is Leonardo ... here is my understanding: a US-LLC (with one person) is NOT a limited company! This means the profit of the company is assigned to the person! In Bulgaria the whole world income is taxed. That means also the income from the US-LLC. Tax rate 10% is nice. In case of licening 5% CU Leonardo
@helali_s Жыл бұрын
4:43 ; that is India's flag, not Ireland lol.
@manuelquiroga7994 Жыл бұрын
I came here to say that 😂
@MrScoobydoo12 Жыл бұрын
Thanks, your Flag for Ireland is the Indiann Flag
@Ziemecki Жыл бұрын
Why Gibraltar and not Estonia?
@MrDynamicMedia Жыл бұрын
Great video, i been told is cost about £20,000 to set up a Gib company is that right??
@fritzmetzger22 Жыл бұрын
No, costs about 1k
@OffshoreCitizen Жыл бұрын
No that's nonsense you'll pay maybe a couple k
@MrDynamicMedia Жыл бұрын
@@OffshoreCitizen ok thanks I thought that was BS they where just trying to run me up!
@OffshoreCitizen Жыл бұрын
Yeah unfortunately some companies are a rip off
@MrDynamicMedia Жыл бұрын
@@OffshoreCitizen yep that's for sure NO WAY WOULD I PAY THAT!
@lautbrecher6684 6 ай бұрын
5:00 thats the flag of India :D
@clarity2597 Жыл бұрын
I just wonder the tax treaty with Norway.
@Pagan-hn4du Жыл бұрын
Is there that our European land tittles are held? Is there the European mortmain account?
@thewemadeit9983 Жыл бұрын
But I have study Gibraltar not best option
@NzePriddie 3 ай бұрын
Sir you have a great voice, however you should stop contaminating it ,with vocal fry. Makes you appear as if you are not confident in what you have to offer since you are not confident or comfortable in speaking without vocal fry. And also it’s just annoying to listen too.
@stevenlong2111 Жыл бұрын
Pay your taxes. Don't use loopholes, help society, don't be so greedy
@OffshoreCitizen Жыл бұрын
Nonsense, in the modern world the way the system is set up the most patriotic thing you can do is pay as little tax as possible, reasoning explained here kzfaq.info/get/bejne/g5qReMaUrczNnmw.html
@OffshoreCitizen Жыл бұрын
Also check this one out kzfaq.info/get/bejne/pLN1it2kvp27in0.html
@AndreaPirlo888 Жыл бұрын
Help society or help the left politicians?
@infineite5132 Жыл бұрын
Guessing you don't know about the 'The grace commission'...those taxes don't pay for what you think. Just the interest only on the national debt. You've been lied to, but hey, remain a sheep if you want. Do you think this is just a US thing?
@IAmDevtube 6 ай бұрын
Why don't you then pay more tax than you're required to?
Dan Rodgers
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Offshore Citizen
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