Tax Free Today Blog
Articles for digital nomads, entrepreneurs, investors, savers and free-thinkers
12 possible uses and 2 special cases for your US LLC
In today's article we present 12 cases in which an American LLC can bring you great advantages and 2 in which you have to be careful to avoid problems. We have already written several articles on the blog about LLCs, so the purpose of today’s article is not to repeat...
The effects of the Corona crisis on Flag Theory
A lot has happened recently - who could have imagined 30 days ago that things would come to be where they are today?! The situation undoubtedly calls for a proper newsletter because, as you will already know, crises always bring many opportunities, but at the very...
Associations – an interesting option with unknown advantages
When someone asks what the rich’s tricks are to pay less taxes, they often come across the terms foundations, tax havens, offshore companies and foreign accounts. However, few people know that most of these things can be done without large costs through normal and...
Russia: residency, incorporation of companies and opening of bank accounts
Lately, in Tax Free Today we have talked a lot about the superpower, the United States. After all, it is one of the few countries capable of defending itself against the increasingly brazen attempts of the European Union to include any country that does not have...
Visa and residence options in the U.S.
In recent years the United States has emerged as a popular tax haven. Our Tax Free Today office in Fort Lauderdale, Florida, has already helped many entrepreneurs create tax-free U.S. businesses without the need to submit the company’s bookkeeping whilst also being...
Cases where it may be interesting to register a company in Switzerland
So far, we have not written much on Switzerland in Tax Free Today. This is because although Switzerland seems like a tax haven to its German, French, Italian and Austrian neighbours, there are actually many other more interesting options for personal or company...
Living tax free in Austria through corporate structure in Cyprus
Today’s article is aimed at those people who are not ready to give up the comforts and simplicity of living in Europe in exchange for tax benefits. We will explain how you can live in Austria without paying personal taxes. Multiple Tax Free Today customers have...
Residence in Italy: 3 tax benefit schemes to attract foreigners
In the European Union not everything changes for the worse. Many countries reflect on their national identity which boosts tax competition among the EUs 28 members. In recent years countries as Romania, Poland and Hungary, have shown this in their respective corporate...
Optimizing withholding taxes with a holding
At Tax Free Today, we have spoken of holdings on several occasions, especially as a way to avoid withholdings on dividends and royalties. Today, we want to provide a clearer picture on the subject. A holding company is a business that holds majority stakes in other...
Learn how to protect your money through trusts like the rich do
In Tax Free Today we have already talked about ways to protect your assets either through offshore companies or trusts. Now, let's introduce ourselves a little more to the world of asset protection and see how the rich protect money so that you can do the same. Most...
How to manage intellectual property by optimizing the taxation of royalties
After having addressed in detail in the last article the foundations of withholding taxes and double taxation agreements, we are now going to enter into another complex issue: fees and licenses. To better understand this article we recommend that you read the previous...
Reducing withholdings by using double taxation agreements
Of course, moving your residence to a country where you do not pay taxes for your income is the first step, but according to your business model and the countries where your societies reside, sometimes it is not enough because we find ourselves in certain cases with...
On the insanity of the European Union and your options to escape it
The European Union (EU) has many advantages, but its disadvantages have increased disproportionately in recent years. The European Union has gone from making great achievements, such as a common internal market for goods and the opening of borders for people, to...
How Tax Information Exchange Agreements (TIEAs) work
At Tax Free Today we’ve already dealt extensively with the subject of CRS and its automatic exchange of information. But today we’re going to take a quick look at its precursor, the TIEAs, which continue to coexist today, but which are more limited. The TIEAs are the...
6 ways of making your money disappear without leaving a trace
There are many ways of transferring your money to an offshore account, outside the local authorities’ area of influence and control. Today, for purely informational purposes, we're going to digress somewhat and explain which legal options you have to make your money...
Tax optimization, 19 real-life examples – Freeing yourself from the weight of the State
There are many different situations, as well as options, for tax optimization. We often think that tax optimisation only makes sense for rich people and big companies, but this simply isn’t true; practically anyone can do it. In today’s article, I’d like to leave you...
Why incorporating an LLC in Florida (or in the USA) is interesting again in 2019
Between 2015 and 2016, at the beginnings of German-language Tax Free Today (Staatenlos.ch), the American Limited Liability Company (LLC) was a very popular form of business. Newcomers to the perpetual tourist's world chose to incorporate their LLCs because of their...
6 truths about setting up offshore that lawyers and offshore business agencies won’t tell you
If you are a Perpetual Traveller, or try to live your life according to Flag Theory, at some point you’ll come across lawyers and agencies specialising in company registration (both offshore and onshore). It turns out that not all jurisdictions allow you to set up...