Recent content by rastompk

Again, thanks coopster for the answer! (and there's even a disclaimer as a bonus! :)) I agree with you about paying the taxes. Actually I'm not seeking to avoid them completely. I'm old enough and I know those schools, roads and other more or less useful stuff is not for free. I just think...

Yes it helps. Indeed very nice and clear reply easy to understand, thanks! Just to be sure 2 more precisions: 1) When you're saying "you could drip feed the money out of the company over several years" you are basically saying that you have to tax (with this 30% tax rate) only the money that...

That is exactly what I was thinking. But when I was reading offerings of these companies that will setup this Cyprus company for you (and one of the stated reason is always trading and taxes), it was written in these offerings that this way it is completely legit (or maybe it was written that...

Has anyone from EU (not living in Cyprus) is using Cyprus based company for trading. I've just found some information that corporate tax is only 10% and there is no tax from trading profits(although i'm not realy sure about this). The advantage is that Cyprus has a lot of agreements with other...