This video covers the “Bul-Kong” structure with a Bulgarian holding of a Hong Kong operating company. This enables the owner to establish his tax residency in Bulgaria and run his business from a Hong Kong company.

With the new Automatic Exchange of Information (AEOI) launched by OECD (CRS), This is particularly interesting for digital nomads that must clarify their residency status and chose their residency before their residency chooses them.

Nowadays Digital Nomads can’t hide anymore and although they believe they are resident of nowhere and therefore should pay tax nowhere, it isn’t true. And they should quickly make their situation clear to avoid problems.

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