Offshore company + Transferwise account

[copepe]

Hello everyone and congratulations on the forum.

I am a lawyer and I offer legal consulting services for foreigners, mainly North Americans and Mexicans. I want to expand my business and my forecast is to invoice 3,000 € to 5,000 € / month.

I would like to know what simple and cheapest off-shore structure you advise me. I have read that having an LLC in Delaware + Transferwise could be an option, but in my particular case this can be a problem because most of my clients are North American and, if I am not mistaken, it would force me to pay taxes there.

Any ideas?
Thanks a lot

 

[JohnLocke]

copepe said:
legal consulting services for foreigners,
Click to expand...

really😵 and you ask how to avoid taxes?

Welcome aboard anyway.

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[copepe]

Admin said:
really😵 and you ask how to avoid taxes?

Welcome aboard anyway.
Click to expand...

Hehe.

I have notions about international taxation and taxes, but it is not my specialty. That's why I come here to learn 🙂

 

[Fulton Abraham Sanchez]

copepe said:
Hello everyone and congratulations on the forum.

I am a lawyer and I offer legal consulting services for foreigners, mainly North Americans and Mexicans. I want to expand my business and my forecast is to invoice 3,000 € to 5,000 € / month.

I would like to know what simple and cheapest off-shore structure you advise me. I have read that having an LLC in Delaware + Transferwise could be an option, but in my particular case this can be a problem because most of my clients are North American and, if I am not mistaken, it would force me to pay taxes there.

Any ideas?
Thanks a lot
Click to expand...

Delaware is better than other jurisdictions if your account is located in USA. LLCs do not pay taxes if it is only one owner. The owner pays taxes personally and needs to apply for a tax ID personally to pay taxes. The profits of the company are reported personally and tax is paid.

 

[lory]

How does this works with foreign owned Delaware companies? US reports too to the EU!