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    UK LLP - Are we still obligated to pay VAT?

    The non-eu vendor is still responsible to collect the VAT on behalf of the customer if it is a B2C sale, the rate would be the rate of the customer's country VAT rate. If it is a B2B sale and the customer has a valid VAT number (verifiable through VIES), then a reverse-charge mechanism could be...
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    US LLC ways to receive income

    1. Client couldn't just pay to your mercury bank account via credit card, they would have to either do ACH Transfers or Wire transfers 2. You apply for Paypal or Stripe, so they can pay you via credit card, Stripe will take a cut, and you can withdraw the money to your Mercury bank account 3...
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    UK LLP - Are we still obligated to pay VAT?

    Take a look at VAT for Digital Services under the MOSS scheme. VAT is paid at the consumption country, in your case it would be Romania. https://europa.eu/youreurope/busine...ervices-moss-scheme/index_en.htm#outsidetheeu
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    Estonia Oü or UK Ltd/LLC? which is the easiest to manage?

    You are right, my bad, somehow I mixed it up with some other service.
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    Estonia Oü or UK Ltd/LLC? which is the easiest to manage?

    Although wise is a good option, but advantage of N26 Business over Wise is N26 is insured up to 100K Euro, the standard for german banks
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    Estonia Oü or UK Ltd/LLC? which is the easiest to manage?

    You might want to check out N26, N26 Business supports Estonian companies
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    Midshore Company formation

    No, the holding company would not get taxed normally. Ideally you need to have the holding company that is registered in a jurisdiction that is favorable to Holding Companies tax-wise. As for Amazon, the rule of not having more than one account is not valid anymore, you can setup multiple...
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    Best UE Company for digital nomad?

    Use a US LLC, will solve all your banking and payment processing problems
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    Cyprus holding + USA LLC

    When it comes to CFC rules, the devil is in the detail, if OP really wants to incorporate it in Cyprus, he would have to talk to professionals in Cyprus. However a cursory glance on the internet revealed that...
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    Cyprus holding + USA LLC

    Yes this is the way to go, a lot of countries like Canada, Germany and UK (case by case basis) treat it as dividends, regarding the LLC as opaque entity, rather than transparent. If you want to be safe, use Hong Kong. Dividends are not taxed, and even if IRD regard it as profits, it is offshore...
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    which sim card to get for an American LLC company for the purpose of account verification?

    you don't need a real sim card number, just any voip numbers will do. just make sure the voip number supports text messages
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    Midshore Company formation

    Use a Holding Company + US LLC method Advantages are, the US LLC pays no federal taxes, no employee social taxes, able to get access to Stripe/Paypal/Amazon/Bank, and more importantly able to apply for credit line for your ecommerce business down the road. As for the holding company set it up...
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    US LLC or UK LTD if you are working with company in europe ?

    Sorry to bump this thread but I just need to chime in, even if you have US customers and you are providing services outside US, you definitely do not pay federal income taxes if you do not hire any dependent agents or employees to further your sales activities in the US
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    Lawyers and accountants are giving conflicting information

    Digital Products. Where are you selling to? If Europe, Yes. US, depending on the states. You don't need advice from them here, just use quaderno or taxjar to calculate. Or even beter, use Paddle. As for Federal taxes, it depends on the exact nature of the digital product, but generally no...
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    Lawyers and accountants are giving conflicting information

    What you need is an international taxation expert because it involves multiple countries and treaties. US-centric lawyers especially accountants will give wrong advice. I have talked to many US lawyers and accountants as well, they are over zealous on their interpretation on USTB and ECI. BTW...
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    Foreign China residents offshore options

    No problem, once you clear up the issue of the regulation, and decided to go with the US LLC, give me a ping, I might be able to get you a financial institution that is able to service your industry.
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    Foreign China residents offshore options

    Banking and Payment Gateways are surely a problem for the Travel Industry, but I think you are still able to get them. About the US Travel Agency Regulatory Compliance issue, what if you only service non-US customers and use another company outside US to service US citizens, that is, if this...
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    Low tax, low cost with good freedom setup: Romania vs Bulgaria is the final match?

    You can hire remote employees, that's what I'm told by both accountants, it's just that if they will be dragged into the net of the high social security tax of Romania.
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    Foreign China residents offshore options

    Not knowing the full situation, I would suggest the safest bet, an US LLC, which doesn't exchange information with China. There are no accounting or auditing requirements as long as you don't trigger USTB and ECI, just make sure that you don't have US-based employees or exclusive agents, then...
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    Low tax, low cost with good freedom setup: Romania vs Bulgaria is the final match?

    I always have a question but two accountants actually gave me two contradictory answers. Lets say the Romanian company hires a remote employee, which never set foot in Romania the whole year, and thus a non-resident. Is the employee obliged to pay for Health Insurance and Pension? the 10%...

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