3 ESSENTIAL elements for paying - taxes → the golden fiscal triangle
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1/ Where is your company headquarters?
First, determine whether you have:
a traditional or tax-opaque company (UK LTD, HK Limited, Dubai FZE, Estonia OU (private limited company), Domestic/GBC company)
a tax-transparent or tax-transparent company (US LLC, UK LLP, Canadian LP, TU (general partnership), Estonian UU (limited partnership), Authorized Company)
This allows you to calculate, among other things:
the tax on your business profits
and your capital gains tax
Precautions to take:
Is there a permanent establishment?
Is there economic substance?
Where is your company controlled?
→ With the strategy I use
your tax on profits: is only 15% or 3%
and there is no tax on your capital gains: neither on sales nor on investments (ETFs, bonds, cryptocurrencies, stocks, etc.)
2/ Where are you a tax resident?
1/ Is there a tax treaty? YES
PS: France has more than 120 (2nd largest country in the world after the United Kingdom). Forget the lie about the 183-day stay or about digital nomads who are tax residents of nowhere: it's false!
Here are the only essential criteria:
you are a tax resident of the country where you have your primary residence
if we can't determine that: we'll look at where you spend the most time
and if we still can't determine anything: we'll then look at your nationality
2/ Is there a tax treaty? NO
In this case, we look at the domestic law of the country in question.
E.g., the criteria of French domestic law (CGI, Art. 4 B)
Home or principal place of residence in France
Principal professional activity in France
Center of economic interests in France
This allows us, among other things, to calculate:
the taxation of your dividends
→ With the strategy I use,
you pay your corporate tax of 15% or 3%
you pay no tax on your capital gains
and you pay your dividends only where you are a tax resident
"This gives you a total tax rate of between 3% and 19% maximum, regardless of where you are in the world 😉"
3/ How do you withdraw your money?
If you pay yourself a management fee:
45% social security contributions
If you pay yourself a salary:
+ 80% social security contributions
+ Income tax
→ With the strategy I use,
there is no tax on your capital gains
there is no tax on your dividends at source
and only 5% if you are a French tax resident
otherwise, you will only pay them where you are a tax resident
🔔 This is not suitable for everyone or for all activities