“Actually, I wanted to set up a limited company for my self-employment. Every advisor told me "no problem". We do a holding company in Ireland, a holding company in Malta and an operating limited in Malta for €15,000.00 and manage this for €1,360.00 per month, then you only pay 5% tax. Fortunately, I came across someone who recommended that I talk to you guys.
What you told me during our conversation was simply sensational. A company construct in my situation was unnecessary and would cost me more than it would bring me in tax savings. As a self-employed person, I would have completely different requirements. Only when the business development exceeds X amount is it worthwhile to set up a limited company. Thank you, thank you, I have saved a lot of money, because this way my bookkeeping costs me just 200.00€ and you also take care of the timely filing of the returns.”
Chris
(Name changed for discretion)