All the SECRETS to pay ZERO TAXES thanks to tax havens | PART ONE
There are three main types of tax havens.
In this first installment of the mini series, we will see the so-called total tax havens.
These are countries that have no major direct taxes, have no personal income tax, have no corporate income tax, have no capital gains tax and have no inheritance tax.
For example, countries such as Monaco, Saint Kitts and Nevis, Anguilla and the Cayman Islands fall into this category.
These are just examples, as there are dozens of states that can be considered tax havens.
To get the full picture, however, consider that some of these jurisdictions impose small fees on company incorporation deeds, or annual company registration dues.
However, these are fixed costs and are generally very low.
There may also be import duties or local sales taxes, equivalent to VAT, generally with much lower rates than those applied in Western states.
In most cases, these countries allow you to live with a significant level of freedom, and minimal government involvement in your affairs.
In the next installment of this mini series we will see another type of tax haven, which allows residents to pay no taxes on their earnings from abroad, and therefore to pay no tax if the whole of your earnings comes from abroad.
If you need specific advice, you can contact us.
Remember that laws change all the time; therefore it is essential to check the law in force when you decide to relocate or move abroad.
It is also very important that you speak to your international tax attorney before starting any type of tax planning or relocation of your business.
If it is your first time, here are some examples of the results our tax lawyers can help you achieve:
- international tax optimization, to cut down your taxes (even to zero)
- analyze your specific situation and your business situation to help you choose the best country/countries for your specific needs, which guarantees you both tax savings and everything you wish for;
- protect your assets, making them "untouchable";
- become an international / global entrepreneur, able to use all world regulations and tax advantages to your benefit;
- making you profit using tax havens;
- acquire multiple residences;
- acquire new passports;
Check our main page now and contact us https://yourinternationaltaxlawyers.net