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N26 does not work for companies. NorthOne does not deal with non-US residents. I'm giving Every a try. Thanks. So far all we got was Wise. I have, in advance, contacted Wise to explain them our business, what we do, what pattern of transactions we expect and also sent them the invoice for the...

I'm also looking for a bank for US LLC needing to receive $500k from a client (legit startup). Mercury and SVB failed as we do not have US operations.

prostitutes are usually not in my line of business

Hello all, Life changing decisions to be made and I would very much appreciate anyone who knows Dubai well to give some advice. So, my partner's wife has an unrefusable offer to work in Dubai and for that reason he is going too. Starting from there, we have been discussing”¦ what if we just...

The same thing that happened decades ago in the US is starting to happen in the ME and I don't see a difference between foreigners flocking to the US in search for a better life and Dubai these past few years. Natives didn't develop the current Americas neither did bedouins in the ME.

Wait, are you saying most startups in the US were started by Americans? Haha

I'm happy for you. It doesn't come to the topic but I can share you horror stories with Revolut which, funny enough, were resolved in 24 hours after me posting on their Facebook. It never occurred to me that social media could be so powerful to the point of unfreezing assets that have been...

Because you don't want your assets frozen for no apparent reason.

@RaoulDuke Welcome :) We're kind in the same situation I guess. I'm Portuguese and I also develop products and services. For many reasons, that are not all tax related, we are thinking of moving away from Portugal. Social Security taxes alone makes it an inferno. So after a lot of considering...

Explain? I don't think you're right.

I'm on the same boat for my US stocks. I was planning on setting up a UAE company for it. Wrong move? EU citizen here.

Thank you @AdamT1 for the invaluable info there. To everyone actually.

My Amazon example isn't a good one as Amazon is a fully automatic digital service and therefore they are obligated to implement the technology that processes VAT automatically accordingly to the customers. If anything, this would be a problem of the platform where the HK company sells their...

@fshore is Amazon paying VAT on the orders they fulfill for third parties? Is any processing/transportation/fulfillment company paying VAT on their customers sales? Answer to both questions is I don't think so. I don't even see how they would even if they wanted to, if they're not selling...

Is this sh** even permitted in the EU?

Thanks @AdamT1 that would be more in line with our situation although I'd hope no one would be invoicing me. Anyhow, the answer I got regarding VAT was the following: “Hong Kong does not have sales tax and hence we are not required to charge any tax on our sales. Europe - Import duty and VAT is...

Have anyone heard of these guys?

From research online, you can look into Maderia (Portugal) that has 5% corporate tax and 0% on dividends. Not sure how it works tho.

I would imagine this is exactly why they are looking for an EU partner to do the logistics. They will be shipping directly from their supplier, a company in the EU (I've verified and they are a big business... legit too). Don't want to be a douche but on that "How to avoid paying VAT?" thread...

Maderia has a 5% corporate tax and 0% on dividends if I recall correctly. VAT is 22% tho.