Christine Müller
Only 5% taxation on corporate profits was never possible for me until I met St. Publius and their tax saving strategy in form of a Malta Ltd. with non-domiciled status.
Industry: Wholesale
Challenge: Too high taxes in the GmbH
Solution: Maltese Ltd. with non-domiciled status
Gain: Approx. 44 000€ per year
Christine Müller is the CEO of a large trading company for textiles. She buys products regularly in China and Italy, and imports them to Europe. All profits were until now fully taxed in the German GmbH (30%).
Together with St. Publius Christine Müller established a Maltese Ltd., which now takes over the international sourcing. The company sells its products directly from Malta to Europe now. The resulting gains of the Ltd. are taxed with 35%, of which she gets 6/7 back later. She moved to London and enjoys the private non-domiciled status.
| Maltese Ltd. & UK Non-domiciled status | German GmbH & German Residence | |
|---|---|---|
| Profit corporation | 100,000 € | 100,000 € |
| Business tax 0% / 14% | 0 € | 14,000 € |
| Corporate tax 35% / 15% | 35,000 € | 15,000 € |
| Solidarity surcharge on CIT 0% / 5,5% | 0 € | 830 € |
| Cash dividend | 65,000 € | 70,170 € |
| Tax Refund | 30,000 € | 0 € |
| Total dividend | 95,000 € | 70,170 € |
| Withholding tax plus solidarity CIT & KSt. 0% / 28% | 0 € | 19,647.60 € |
| Remaining net profit | 95,000 € | 50,522.40 € |
| Tax savings | 44,477.60 € |