3 ms·
You’d also have to obey the bookkeeping requirements of the companies country of origin. For example in germany the line between paying yourself a wage and “ver
by Xylakant 9y ago
You’d also have to obey the bookkeeping requirements of the companies country of origin. For example in germany the line between paying yourself a wage and “verdeckter Gewinnentnahme” is important (you can’t just take money out of an LtD) and it’s important to understand the host countries law. When things start to go haywire you’d need to hire an expert in Maltese law and that may just be very expensive from the comfort of your desk. You might also in addition require an expert in German tax law on top of that. I’d avoid that.
- charlesdm 9y agoThere are also differences between pure emoluments and traditional board meeting or director fees, etc. You'll have to check the DTA between your country and Malta. In addition, (Maltese) social security might be due on salaries received, or could be exempt.