5 ms·
I live in a draconian tax country. How can I open a online international business and receive money from anywhere in the world? Do I need to move to a tax heave
by hgfischer 13y ago
I live in a draconian tax country. How can I open a online international business and receive money from anywhere in the world? Do I need to move to a tax heaven?
- CyberFonic 13y agoYou might not have to move, just have your company operating from an appropriate tax haven. You typically need to pay lawyers, accountants, etc to achieve what you are thinking about and they end up costing more than the tax you would have to pay. Do your numbers first before you get too preoccupied with the tax. As a very general comment, in some low tax countries you need to spend a lot of money to have what you get more or less for free in other higher tax countries.
- ivanca 13y agoYou can save the money in an international account (paypal?) and when you need to retrieve the money fly to such country or someone else who can do it for you.
- dublinben 13y agoFrom your perspective, the US state of Delaware might be an excellent location to incorporate. It's very inexpensive, popular, and would let you use all sorts of US-based payment services like Stripe and Paypal.