Why WALLIS ?
Wallis is part of France. It is an unknown place, which is fact totally tax free. It is kept quite and not advertised by the French government. However large cruise ships are registered there to compete with the ones with flags of convenience like Panama. By establishing a French company, you will benfit from a French Address, and French laws while paying very little taxes at all.
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No Company Tax (Small occupational fee)
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No VAT
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No Income Tax
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No Inheritance tax
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No Capital Gain Tax
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No Wealth Tax
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No CRS & FATCA Treaty
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No Accounting mandatory
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Special Law for registering Wessels under French Flag
Corporations in Wallis
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SARL No Minimum capital. Timeframe 1 to 2 months
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SA Minimum capital 37 000 €. Timeframe 1 to 2 months
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Not for Profit Association (NGO). No Capital, Time Frame. 1 to 2 months
Personal Income Tax in Wallis
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No Income tax ​
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No inheritance Tax
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No wealth tax
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No direct taxes
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Free healthcare
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Advantages of Wallis
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Zero Tax: No Corporate, Income, Capital, Inheritance,VAT Wealth, and direct taxes.
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No accounting necessary, Preserving secrecy
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French authorities provide each year a document stating that all taxes have been paid.
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French Company with a French address
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Special extra advantages for cruise and merchant ships.
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Associated with the European Union
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Currency linked with the Euro
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Not subject to CRS and FATCA treaties
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Not included in any black /grey list of Tax Haven
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Very healthy tropical paradise.(no coronavirus)
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Small Disavantage
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Far away,but it is, sometimes, an advantage
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