Search results

  1. coastymike

    Foreign company

    Yes if a BPO (which a call centre is) and 100% of your income is not from Philippines (which in Optus case it would be) then you could be PEZA registered and the PEZA entity doesn't pay tax for five years. After that 5%. An enormous tax advantage. If in a freeport zone then it's tax free for...
  2. coastymike

    Foreign company

    Agreed the setup could be for legitimate purposes or for a more suspect reason. But the starting point should always be to try to find out what the client is trying to achieve. I've helped a number of mid sized businesses setup backend operations for their accounts payable, accounts...
  3. coastymike

    Foreign company

    There is nothing wrong with a foreign company owing an overseas property. In fact based on the country it may be necessary to have a foreign company established to hold such a property. I hold property overseas and it must be held through a foreign company based on the countries ownership...
Back
Top