I currently make a living as a self-published writer making around 40- 50k USD a year although my income is steadily rising every month. I live in a country with no so friendly taxes in the EU and want to relocate somewhere else since I can work wherever.
I have been looking mainly at Romania's micro company scheme because of the ease of setting up the business with the law firms and the freedom to live somewhere else. Although, are there any better options out there than their 5 percent tax on dividends and 3 percent on corporate tax? I'm not so sure about living in Romania because of the corruption, so if I relocate somewhere else in the EU will I then have to pay more taxes for those dividends? I tried to get in contact with another dude here who lives in Romania but he hasn't answered so far. I have some questions about maintenance costs which I didn't get a clear answer from the law firms.
I have thought over Hungary with their 12 percent corporate taxes but reading through their threads here makes me think otherwise because of bureaucracy.
Countries where pornography is illegal are not good either, since what I write is mostly adult related. So Bulgaria, Dubai and Lithuania are out.
Another important thing, the US must have a tax treaty with the country otherwise Amazon, where I sell most of my books, will take a thirty percent tax.
I have been looking mainly at Romania's micro company scheme because of the ease of setting up the business with the law firms and the freedom to live somewhere else. Although, are there any better options out there than their 5 percent tax on dividends and 3 percent on corporate tax? I'm not so sure about living in Romania because of the corruption, so if I relocate somewhere else in the EU will I then have to pay more taxes for those dividends? I tried to get in contact with another dude here who lives in Romania but he hasn't answered so far. I have some questions about maintenance costs which I didn't get a clear answer from the law firms.
I have thought over Hungary with their 12 percent corporate taxes but reading through their threads here makes me think otherwise because of bureaucracy.
Countries where pornography is illegal are not good either, since what I write is mostly adult related. So Bulgaria, Dubai and Lithuania are out.
Another important thing, the US must have a tax treaty with the country otherwise Amazon, where I sell most of my books, will take a thirty percent tax.
