Job offering - offshore

[KetchupKebab]

Hi,

Just received a job offering in Belgium.
The position requires to be contractor so I was wondering if I could incorporate an offshore somewhere else and invoice the subcontractor company from an offshore in Estonia/Malta/Cyprus, ... Note: The subcontractor most likely invoices their client - the NGO - from another country.

Would that be illegal as I live and am resident in Belgium?

Regards,

 

[Spinat]

Many use a company registered in Cyprus or similar places to do exactly that. Wonder if someone can point me in the direction for why it should be illegal.

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[KetchupKebab]

blueweb said:
Many use a company registered in Cyprus or similar places to do exactly that. Wonder if someone can point me in the direction for why it should be illegal.
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As I am a Belgian citizen working in Belgium but not registering my company in Belgium?
In either case, good news! Thank you for the reply.

 

[Martin Everson]

KetchupKebab said:
Would that be illegal as I live and am resident in Belgium?
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Yes if tax evasion is illegal in Belgium which I think it maybe....just guessing 🙄

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.

 

[John Andrews]

Would this be a remote job or will you be working in their office (=employment)?

 

[Marc Jacob]

Martin Everson said:
Yes if tax evasion is illegal in Belgium which I think it maybe....just guessing 🙄
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Haha 😀

 

[KetchupKebab]

mange38 said:
Would this be a remote job or will you be working in their office (=employment)?
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I would be on site.

 

[John Andrews]

Then you'd be considered a disguised employee, which is illegal in most (EU) countries.

 

[Spinat]

Martin Everson said:
Yes if tax evasion is illegal in Belgium which I think it maybe....just guessing 🙄
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hmmm, what's wrong to be the official owner of a offshore company say Cyprus, Malta etc. and get your pay to there but pay local taxes as everyone else does?

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[John Andrews]

because you are avoiding social contributions, which is illegal (implying OP would be sitting in the company office, but working through his own entity).

False self-employment - Wikipedia

"The (Belgian) legislator considers the following elements to define a subordinate relationship:

1. No worker's participation in the company's profits or losses;
2. No proper capital investments in the company;
3. No responsibility or decision”‘taking power in the company;
4. The certainty of getting a regular payment;
5. The fact of having just a single and unique customer company;
6. The fact of having no personal workers/the fact of not being an employer;
7. The fact of not being able to organise one's working period;
8. The existence of in-house control procedures, with related sanctions;
9. No decision”‘taking power concerning customers' invoicing."

 

[Marc Jacob]

blueweb said:
hmmm, what's wrong to be the official owner of a offshore company say Cyprus, Malta etc. and get your pay to there but pay local taxes as everyone else does?
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Just wondering, what kind of corporate services do you provide ?

 

[Remy]

mange38 said:
Then you'd be considered a disguised employee, which is illegal in most (EU) countries.
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And worst that simple tax evasion in term of penalty.

 

[Spinat]

Marc Jacob said:
Just wondering, what kind of corporate services do you provide ?
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lol you and @Remy are the only one that have asked for this. So let's make it clear. I don't provide any services at all. From time to time I have helped a few guys here with some €50 docs just because they asked but it's not my business nor is corporate services my business.

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[Remy]

blueweb said:
lol you and @Remy are the only one that have asked for this. So let's make it clear. I don't provide any services at all. From time to time I have helped a few guys here with some €50 docs just because they asked but it's not my business nor is corporate services my business.
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Well noted @blueweb as I told you. Don't be upset, that's natural to ask, as just below your name besides of each of your posts there is : "Corporate Services" ! 😉 It could be confusing, even I know that's related to the forum.

 

[Spinat]

Remy said:
Well noted @blueweb as I told you. Don't be upset, that's natural to ask, as just below your name besides of each of your posts there is : "Corporate Services" ! 😉
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I'm not upset at all my friend. I will buy you a beer should we ever meet in the real world 😀

Corporate Service @Admin what are you doing can you change the title 😀 ehh actually I don't care.

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[Remy]

blueweb said:
I'm not upset at all my friend. I will buy you a beer should we ever meet in the real world 😀
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Maybe one day in HK or China...

 

[Marc Jacob]

blueweb said:
I'm not upset at all my friend. I will buy you a beer should we ever meet in the real world 😀

Corporate Service @Admin what are you doing can you change the title 😀 ehh actually I don't care.
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I only drink Dom Pérignon champagne in the real world, but you don't mind, we are friends isn't ? haha

 

[lavel]

Marc Jacob said:
I only drink Dom Pérignon champagne in the real world, but you don't mind, we are friends isn't ? haha
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sounds like you are a big 007 fan 😀

mange38 said:
because you are avoiding social contributions, which is illegal (implying OP would be sitting in the company office, but working through his own entity).
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since when is this illegal! I don't get it. I'm sitting all the day at home in my country but do business using a offshore corp which I informed the tax office about so I pay full taxes for this setup only.

 

[fshore]

lavel said:
since when is this illegal! I don't get it. I'm sitting all the day at home in my country but do business using a offshore corp which I informed the tax office about so I pay full taxes for this setup only.
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You're right, it's not necessarily illegal. But there is no point as no taxes are saved, and you'll most likely have higher cost of running the foreign company in addition to local reporting obligations.

 

[lavel]

fshore said:
You're right, it's not necessarily illegal. But there is no point as no taxes are saved, and you'll most likely have higher cost of running the foreign company in addition to local reporting obligations.
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As we have read on offshorecorptalk many times we all have different reason for why we want to use a offshore company to do business 🙂