We think you have liked this presentation. If you wish to download it, please recommend it to your friends in any social system. Share buttons are a little bit lower. Thank you!
Presentation is loading. Please wait.
Published byAlexis McGrath
Modified over 3 years ago
Domainers Meeting Paris 19th – 20th June ©EP Services SA Tax Department 06/2008 Luxembourg The most favourable tax regime for domain names
©EP Services SA Tax Department 06/2008 Luxs economic policy encourages electronic business. Number of Internet Services Providers are already in Lux. Luxs VAT rates are among the lowest in the whole EU. The new 21st December 2007 bill 5801 introduces a new article 50 bis into tax law related to revenues from qualified IP rights. Luxembourg
©EP Services SA Tax Department 06/2008 Copyrights on software (hire or sale). Patents (protecting technical innovations). Trademarks (protecting the name of a product or service). Design (protecting the exterior appearance of a product). Domain names (on the Internet). Qualifying IP rights
©EP Services SA Tax Department 06/2008 Income derived from the exploitation of IP rights. Capital gains arising from the alienation of IP rights. Taxpayer developing their own patents for the purpose of their activities. Eligible income
©EP Services SA Tax Department 06/2008 Fully taxable corporate entities resident in Lux. Permanent establishments of corporate entities founded in a EU Member. Taxpayer developing their own patents for the purpose of their activities. Eligible entities
©EP Services SA Tax Department 06/2008 The present normal corporate tax rate is 29,63%. Expected 25% as from 1st January Eligible income are 80% tax exempt. Eligible income are taxed at an average rate of about 6%. Expected 5% as from 1st January Tax regime
©EP Services SA Tax Department 06/2008 Eligible entities that acquire IP from a related company do not benefit from the 80% exemption. A company is considered as « related » to the eligible entity if this company owns directly or indirectly 10% of the share capital of the eligible company or vice versa. Restrictions to the principle of exemption
©EP Services SA Tax Department 06/2008 Expenses, Amortisation, Depreciation, must be integrated in the assets of the balance sheet of the company, if these costs have not been compensated by revenues during the same fiscal year. Amortisation
©EP Services SA Tax Department 06/2008 Sale Domain Names Ideal structure Existing Cy Director Management Fees (2) National or E.T. Shareholder or Nominee Buy New Management Cy National or E.T. Sell Parking revenues LicensingRoyalties Dividends (1) Shareholder or Nominee Domain names Management (1) Dividends taxed according to double taxation treaty (2) Max Director manag. fees taxed on a forfeit base of 20% in full tax discharge (EU Directive). Luxco SA Lux Ownership
©EP Services SA Tax Department 06/2008 Drafting your companys articles Company formation (Notary), Opening a bank account, Trustee shareholders Domiciliation (EP Services Sa is a PFS protection by art 41 law 4/5/93), Professional directors, Drafting of accounts and balance sheets, Tax and VAT returns, Furnished offices and logistic services Shelf companies Services provided by us
©EP Services SA Tax Department 06/2008 Flexibility in drawing up Articles of Incorporation, Rapide company formation, Compartimentalisation of shareholder and Cy assets, Registered and bearer shares, High degree of professional secrecy (PFS), Large number of bilateral dual taxation treaties, Ability to form subsidiaries in the EU and beyond, Trustee / nominee services, World leading reputation. Some of the key benefits provided by Luxembourg
©EP Services SA Tax Department 06/2008 You must take the best decision based on your personnal situation. For that Our team is here to give you more information. Mr Paul Keating, the famous layer specialised in domain names, is here at your disposal to help you to find the adequate solution for YOU. What to do now ?
Effective structures for the Russian market Holding Financing Royalty Globalserve Moscow Seminar September 2013 By Phani Schiza Antoniou.
Cyprus Companies in International Tax Planning International Business Structuring The Cyprus Jurisdiction.
Foreign Holding Structures for Indian Outbound Investments Brussels, 2 September 2008.
GLOBALSERVE INTERNATIONAL TAX PLANNING. MAXIMISATION OF NET RETURN THROUGH INTERNATIONAL TAX PLANNING GLOBALISATION OF THE WORLD ECONOMY HAS LED TO CROSS.
CYPRUS COMPANIES AS EFFECTIVE VEHICLES FOR INVESTMENTS By Marios Efthymiou Senior Partner Dinos Antoniou & Co Ltd Certified Public Accountants.
Company Tax System in Malta Presented by Rutger Kriek.
Sole Proprietor Business is owned and run by one individual Nearly 76% of all businesses Owner receives all of its profits and bear all of its losses.
Corporate and Tax Specialist Group Overview to Portuguese Holding Companies Hong Kong, 4 October 2008.
Corporation Tax Michael Devereux Oxford University Centre for Business Taxation and Institute for Fiscal Studies.
Formation of APAN Legal Entity in Hong Kong P T Ho APAN Council Meeting 25 January 2008.
CYPRUS – THE IDEAL HOLDING COMPANY LOCATION, ADVANTAGES OF THE CYPRUS TAX SYSTEM By Marios Efthymiou Senior Partner Dinos Antoniou & Co Ltd Certified Public.
McGraw-Hill/Irwin Copyright © 2005 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 10 Additional Consolidation Reporting Issues.
URUGUAY AS AN OFFSHORE CENTER. Why Uruguay? Main Characteristics of Uruguayan Corporations Corporations (SA) Free Zone Corporations (SAZF) Services Provided.
Corporations: Paid-in Capital and the Balance Sheet Chapter 13.
Ministry of Economy and Finance Public Revenues and Taxes Department Main features of the new Income Tax Law December 2009.
1 STRUCTURE AND OPERATION OF (INTERNATIONAL) TAX TREATIES.
Business is owned and run by one individual Nearly 76% of all businesses Owner receives all of its profits and bear all of its losses.
Accounting and Tax Issues for Small Business 1 Andrew Zhu, manager, China Service group Deloitte Touche LLP May 31, 2003.
1 Belgium-China income tax treaty Marc De Mil Fiscal Department for Foreign Investments Federal Public Service Finance.
Finance and the Financial Manager. “Any legal economic activity to earn profit is called business.” Kinds of Business: Manufacturing Business Services.
Real Estate Investments in Italy made by foreign investors: FOREIGN COUNTRY Direct investment Investment through Italian Real Estate Investment Fund.
Camacho Palma & Lisboa Afonso - SROC Madeira Free Zone (Portugal)
The Dutch B.V. For Tax Planning By Robert Hek Paritax International Tax Advisors (Cyprus) / Fundatio B.V. (the Netherlands)
Leading Tax Advice in Cyprus... and across the World Investments in and out of the Czech Republic Avoidance of double taxation Prague, 17 th June 2010.
MANA 3325 – Thurburn Lecture Slides Forms of Business Ownership 1.A separate legal entity from its owners. 2.Unlimited Life 3.Taxable What Types.
Entrepreneurship CHAPTER 7 SECTION 2. Corporation – business that is registered by a state and operates apart from its owners. 1.Ownership or equity.
U.S. Income Taxation of Foreign Students, Teachers and Researchers Arthur R. Kerr II Vacovec Mayotte & Singer LLP
1 ETG Gothenburg 2010 : French tax incentives for R&D and IP.
1 ETG Gothenburg 2010 : Belgian tax incentives for R&D and IP.
Copyright © 2007 by The McGraw-Hill Companies, Inc. All rights reserved. Financial Statements and Business Decisions.
Horlings is a world-wide network of independent accountants and consultants firms 6 February 2009 The Dutch co-operative Nexia European Tax Group Meeting.
Doing Business in Mexico (Tax Regime). June, 2010.
Cyprus: Practical application of the new developments and its impact on tax structuring Cyprus: Practical application of the new developments and its impact.
Poland – the right location for intangible services centres.
Chartered Accountants and Business Advisors mnp.ca Trimming taxes Alyson Kennedy CA January 26, 2009.
McGraw-Hill/Irwin Copyright (c) 2002 by the McGraw-Hill Companies Inc Principles of Taxation: Advanced Strategies Chapter 8 Chapter 8 Multiple Entity.
4-1 Reporting Earnings and Financial Position Electronic Presentation by Douglas Cloud Pepperdine University Chapter F4.
CYPRUS – LITHUANIA TAX STRUCTURING Alecos Papalexandrou Tax Partner Lithuania, June 2012.
Workshop: A Review of Financial Statements with Analysis Professors Tom Byers and Randy Komisar Stanford University With special thanks to: Roma Jhaveri,
Lansing, Michigan, September 30, 2008 Doing Business in France Legal Check List.
Doing business in Oman April April 2008Doing Business in OmanPage 2 Index of topics ► Business climate ► Legal system ► Business structures ►
INTERNATIONAL TAX PLANNING IDEAS DINOS ANTONIOU C.E.O GLOBALSERVE GROUP.
Chapter 12 Legal Forms of Organization. Copyright © Houghton Mifflin Company12-2 Overview How to make the decision Legal forms of organization –Sole proprietorship.
TAX CREDIT AND TAX SHELTER UNDER ITALIAN LAW MARIO LA TORRE (La Sapienza University of Rome) GIAN MARCO COMMITTERI (High School of Economics and Finance)
Case for partner ship A taxpayer is partner in corporation own 40% of capital and has monthly salary 2500 NIS for managing, he is married and has three.
Dana S. Beane & Company, P.C. Income Tax Based Export Incentive IC DISC.
LOGO THRESHOLD DETERMINATION- SIMPLIFICATION PROVISIONS General Department of Taxation (GDT), S.R. Vietnam INTERNATIONAL TAX DIALOGUE CONFERRENCE.
Chapter Objectives Be able to: n Explain sources of Canadian tax law. n Identify the two primary entities that are subject to tax. n Explain how residency.
Establishing in China By: Vincent Sacilotto, Lowe Thunberg and Therese Nilsson.
© 2017 SlidePlayer.com Inc. All rights reserved.