Hiya, I do have a question about keeping trading company tx-optimized and avoid unnecessarily tx burdon, how the compliance and local tx office and court(in case we refer to court to solve the tx avoidance dispute between the local tx office and my corporate), thus my corporate tx is based on what parameters: 1- Jurstiction company is located 1-A Jurisdiction director is located 1-B Jurisdiction shareholder is located 1-C Jurisdiction beneficiary owner is located 1-D Considering 1-C while the beneficiary owner is the/a director 1-E Considering 1-C while the beneficiary owner is the/a shareholder 1-F Considering 1-E while the/a shareholder is the beneficiary owner and its another corporate/trust/foundation and the location of corporate/trust/foundation registered 1-G trading corporate in the financial market have an employee that placing trades manually or they using by EA/Robot and considering where this employee is located 1-H Considering company trade by EA/Robot and there is an IT technician(non-trader) that reset the EA/Robot or start and stop it in some frequency and location of that IT employee of the company 1-I Considering 1-H while EA/Robot reset/start/stop as a non-trading activity done by director/shareholder/beneficiary-owner/corporate-shareholder/corporate-beneficiary-owner/trust-staff/foundation-staff 1-J Is the location of individuals or individuals who have the signature of the corporate bank account can affect the corporate tx liability? While the corporate does not use the bank account to purchase or own anything outside Dubai or nothing at all spent (besides the company's annual cost deduction from annual corporate income) as whatever it makes profit annually, it reinvested into the same corporate? 1-K If the broker has been regulated in multiple jurisdictions, is the corporate tx of the company can depend on which branch of the broker we opened and operated the FX leveraged trading account by EA/Robt? e.g. IB in US and IB in HK or IB regulated on other jurisdictions can have an effect on the corporate tx domicile of the company? 1-L If a broker has clearing and non-clearing branch in different jurisdictions, will the location of the account opening and location that trades get cleared(in case the broker have different branches and not all the branches are clearing broker), will the location of broker that corporate account opened and location of the broker branch that clear the trades for that broker(if they are not both in the same jurisdiction) will they anyway affecting the corporate tx domicile location and finally the corporate's tx rate? 1-M Does the corporate capital(amount of capital of corporate if its 1-Million, 100-Million or 100K)is a factor for local-tx-offices involved decision making in where the corporate tx shall be domiciled and paid? or in case we take the case to the court, will it e different in the judge decision, if the amount of capital of corporate tx and corporate tx domicile location and location that corporate obliged by the law to pay tx there if its capital is 1-Million 100-Million or 100K, etc? 1-N Do anyone in this corporate scheme, is there any choice to keep the corporate tx in the desired low tx location? e.g. After setting up this scheme, maybe at the end, there will be a choice to keep the corporate tx domicile location in low tx jurisdiction or maybe there is no choice as there will be only one possible choice? Could you elaborate on how this corporate shall set up to be able to keep the choice on their hand for selecting the corporate tx rate in the desired low corporate tx location? e.g. in case of trading corporate and director and shareholder are in Dubai, EA/Robot runs on a server near to IB servers in the US, do corporate are subject to US state-corporate tx rate(depending on which state the EA/Robot is running)? And what is the best scheme to minimize the corporate tx and avoid it as much as possible? In either of the cases above, if the trades are done by EA/Robot through API, how this trading company's corporate tx will be calculated, and how to practice avoiding the tx as much as possible in the best practice tx minimization scheme? Considering corporate does not own anything, EA/Robot is the intellectual property of the developer(e.g. it can be registered or under review sophisticated patent), annual profit of corporate reinvested into the corporate as capital for trading, corporate does not pay anything besides its annual running cost and the confidential contract with director and shareholder that pays their annual management and controlling fee. The beneficiary owner is Trust or Foundation that does not pay the corporate income to anything, it's just supervising the EA/Robot generated profit, reinvested into the company. This does forever for 10 years or more. Thus how during these 10 years that EA/Robot is trading, the corporate tx will be calculated for the corporate located in Dubai and director and shareholder are a local resident and citizen of Dubai? EA/Robot do the trading on a server online that is in a close proximate location to the broker server probably in the US? Considering the broker is IB? In the end, I'd prefer that this company if there is a possibility, keep its corporate tx in the jurisdiction of incorporation and use the jurisdiction of incorporation tx rate, if there is a possibility for legal tx avoidance? How shall we set up this corporate to keep its corporate tx in the country of incorporation, please help? Please note that we are not speaking about income tx at all, corporate does not pay any income besides to the director and shareholder that they are citizens and resident of UAE and their payment contract is confidential. Considering the possibility that I and a few software companies developing the EA/Robot and providing it to the corporate that is located in the UAE and we are not beneficiaries owner, but the EA/Robot is our intellectual property? Considering a possibility that we may need to debug and update the proposed EA/Robot if required? I want to be sure this EA/Robot's capital and profit that is reinvested as capital is safe and corporate tx will be kept in the desired jurisdiction, preferably UAE, and everything is in compliance with the tx law, while the corporate avoiding corporate tx as much as possible? Tnx and best of luck
Hiya @SunTrader Thanks. My question is, I want to be sure this EA/Robot's capital and profit that is reinvested as capital is safe and corporate tx will be kept in the desired jurisdiction, preferably UAE, and everything is in compliance with the tx law, while the corporate avoiding corporate tx as much as possible? I have contacted a few solicitors/lawyers/attorney-in-law and professional accountants. Everyone says something. They are confirming the structure is acceptable, but they can't guarantee that I don't get in a legal case with any local-tx-office? I want a bullet-proof structure that local-tx-office by looking at it, understand that there would be no way to challenge this and give up before starting to abuse my Robot by disturbing its peace lol To make it simple, I don't have time to defend the legal case and I prefer to make this corporate structure as much as hard as possible to prevent the local-tx-office from thinking about attacking my tx-avoidance stracture? Tnx and best of luck
First step - don't post about it online. A digital trail is just as damaging, for those who try to avoid tax regulations, as a paper trail.
Hiya @SunTrader Thanks. Thus, how to get advice about structure, etc then? Also, do you think posting this question will damage my legal tx avoidance structure? Will these posts are traceable to me in case of a legal dispute between my and local-tx-office? And by what law they can trace a legal question to the posting party looking for advice? Also, this profile is not in my name and my face is cut off the picture. I personally thought asking these are based on my human rights and perfectly legal, now you make me worried if this question can be used against me? And how? At the end of the day, I need pro advice and I may need from some individuals here as at least one person shall know how to file this structure to keep it safe? And I can't trust an accountant or solicitor totally if I don't have the final structure decided and every solicitor and accountant claiming they are right and their structure is the best but there is no guarantee as they get their money and I'm the one who left with the legal case if a dispute happens between me and local-tx-office? Also, this does not mean they win against me, they would only be wasting my time and I shall sue them if happens and claim my legal cost for defending my structure and financial loss because of stress and waste of extremely expensive time, as this structure is solid but I want to be sure to make it bulletproof from any possible attacks? Best of luck
You are looking for more help than myself or anyone else anonymously online can give you. Good luck with your search.