So my business is ALL online. We get paid by companies all over the world and actually probably very little by any US companies.
My question is if I open a Cyprus corp can I take advantage of the low corp tax even tho I live in US?
or would I have to move there?
Not sure because my accountant says I have to claim worldwide income being a US citizen and I would still end up paying the same amount of taxes no matter where the corp is set up.
sorry for the newbie answer but this still...
Cyprus Account Benefits for US Citizen?
My question is if I open a Cyprus corp can I take advantage of the low corp tax even tho I live in US?
or would I have to move there?
Not sure because my accountant says I have to claim worldwide income being a US citizen and I would still end up paying the same amount of taxes no matter where the corp is set up.
sorry for the newbie answer but this still...
Cyprus Account Benefits for US Citizen?