Operating as an individual entrepreneur in Georgia is a solid option, with a cap of 500k GEL.
I know a few people who minimize taxes on their AdSense income by running EU AdSense accounts through companies in places like Romania, Estonia, Bulgaria, or Latvia.
Estonia is a good option too, but you’d need to figure out how to pull out the money without getting hit with dividend taxes. The same applies to Latvia.
The real issue, though, is personal tax residency. There aren’t many places left where you can get away with paying 0% personal tax. PE is also a challenge. Even in the UAE, you’ll face corporate tax on anything over $100k in profits.
There’s actually a whole market︀ of people who can’t get their AdSense, TikTok, or app store payouts. There are companies︁ stepping in to help by accepting the money into an EU company (like in Latvia),︂ then paying the recipients through freelance platforms. They deduct these payments as expenses and only︃ pay taxes on what’s left as profit.
Being an individual entrepreneur in Georgia is definitely︄ a good move, but another interesting strategy is having an EU company owned by a︅ UAE company,this can help cut down on taxes too. Will it work with the Estonia︆ + UAE?