Participation exemption Traditionally if you had dividends paid to you from a company that would be taxable. Very often you’d have that company owned by another company and they would receive dividends tax free. The question is what if that company was foreign? Let’s imagine you have a company in Bahamas, and that company…
Tax avoidance VS Tax evasion Lots of people have misunderstandings when it comes to terms tax avoidance and tax evasion. They are not really certain whether those are synonyms or not. Let’s make it clear – Tax avoidance and tax evasion are two different things! Tax avoidance is fine, it is completely legal while…
What is substance Substance is getting more and more important. We witnessed tighter and stricter regulations is the recent years, and we can only expect it to go worse with time. So what is actually substance? Well, it means that you have something going on behind your structure. Traditionally, the most popular place for…
Real estate investments in MNE Investing in Montenegro’s real estate might be very interesting to foreigners for two reasons: As we mentioned before, Montenegro has citizenship by investment program It might be interesting from investment point of view If you are looking to invest in real estate there are few things to consider. You…
CRS and Automatic exchange of information Today we are talking about the advantage that Montenegro currently has that attracts people to come and bank here. What we mean here is automatic exchange of information and common reporting standards. Well, those will not be your issues if you are here. In 2009. bank secrecy around…
Opportunities in Montenegro Today we will talk about different opportunities in Montenegro. It’s quite easy to relocate to this beautiful country. Recently they introduced a Citizenship by investment program, about which we already wrote. There are many reasons why you’d want to consider Montenegro as a place to visit, become a resident, do…
What is Residency? When we talk about residency for tax purposes and you only live and do business in one country the rules that apply are very simple. If you are a resident of Canada (you live there) Canadian tax rules apply. As you start to do business in multiple countries, have customers elsewhere,…
Opportunities in Georgia (country) Georgia is quite an interesting place. Even though it might not be the most refined country in the world, there are lots of advantages for doing business here. This a business–friendly environment, banking is very good and sophisticated and forming a company is not complicated. You only pay tax on distributions,…
Top 10 places to set up a residency if you are online business owner Having a successful online business gives you lots of flexibility. You don’t depend physically on a place where you’re at and you can spend a lot of your time traveling around. In my opinion, this is one of the biggest advantages…
Things to consider when buying a second passport We all know that buying second citizenship is not an easy decision to make. You probably did lots and lots of research before taking any action. There is lots of data out there about this topic, however, some of it is outdated and not valid anymore. Some…
