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Foreign travel advice Indonesia
FCDO advises against all travel to parts of Indonesia.
Foreign travel advice Romania
Warnings and insurance Still current at: 24 April 2024 Updated: 23 April 2024 Latest update: Information related to drug offences and Romanian music festivals (under 'Laws and cultural differences' subheading on the 'Safety and security' page).
Foreign travel advice The Gambia
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Ferry services between Banjul and Barra have been suspended until further notice; The Islamic Summit of the OIC (Organisation of Islamic Cooperation) will be held in Banjul on 4-5 May; road closures and delays at Banjul International Airport ('Safety and security' page).
Foreign travel advice China
Warnings and insurance Still current at: 23 April 2024 Updated: 22 April 2024 Latest update: Updated information on flooding (‘Safety and security’ page).
Guidance Living in South Korea
Information for British citizens moving to or living in South Korea, including guidance on residency, healthcare, driving and more.
The Austrian Private Foundation
The Austrian Private Foundation came into existence in 1993 and is a pure success story since then. The Austrian Private Foundation was designed to preserve and create wealth for the benefit of a family.
Far reaching tax exemptions make the Austrian Private Foundation a perfect tool to avoid income tax or inheritance tax burdens.
What is an Austrian Private Foundation ?
- Corporate entity belonging to itself (NO shareholders)
- Minimum capital of € 70.000,-- required
- Founder can be any resident or non-resident individual or juridical person
- Foundation has access to all tax treaties contrary to trusts
- Can be established either revocable or irrevocable
- Founder can amend the charter and the non-public by-laws (letter of wishes) whenever and how often he wants
- Far reaching tax exemptions make the foundation a unique tool for tax efficient wealth management
Please contact me for a personal meeting !
Erich Baier, MBA, LL.M. (Int’l Tax Law) TEP
Certified Tax Advisor
Austria, 1010 Vienna, Schwarzenbergstraße 1-3/14a
Phone: (+43 1) 516 12 0
Fax: (+43 1)516 12 14
mail: baier@austrian-taxes.com