Apply now for our company formation service
For instance as one fully legal international normative applied in tax planning, in this particular cases for EU companies, the normative adopted by European Union – Council Directive 2011/96/EU, named “The EU Parent-Subsidiary Directive”, mainly is abolish withholding taxes on dividend payments between 2 EU companies (EU parent must hold at least 10% of EU subsidiary) and the Directive also prevents double taxation of the parent companies on the profit of the subsidiaries.
Asset protection planning is the process of protecting your personal property or business from such risks as: bankruptcy, lawsuits, divorce settlements and claims, forced heirship.
Trust and Foundations are used for asset protection and can be also part of tax planning.
A foundation is an incorporated, self-owning; a legal entity is a separate company and is therefore capable of holding assets.