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I decided to Incorporate a Company in Cyprus with @CyprusBusiness since he is very experienced and professional, I discovered that I can create a Publisher Agreement between myself and the LTD in Cyprus and pay myself up to 95% of the total gross income with Royalties, so I will receive the...

So what is your advice, then .... I can not seem to find a solution.... The LLC thing as you said is seen as a corporation in Portugal therefore I can be seen as CEO and taxed in the country ...at this point the NHR doesn't make sense to me

Hello, I am publishing books on amazon, after a lot of research i came to the conclusion that based on my circustances the best solution would be to: -Take the NHR - Create a company in Cyprus or the UK -Create a Publisher and Copyright agreement to receive royalties (from my LTD to my...

I ask about the withholding because i know a guy from spain (5% tax withholding) that said by setting up a LLC in the US, he managed to remove the 5% withholding... maybe once you insert your EIN on amazon they pass the responsibility to yourself to declare the 10% and pay taxes accordingly...

I am receiving royalties from amazon us, Not much at the moment, around 5k per month and half of that is marketing and advertising, I am aware that Portugal has a 10% tax wittholding on royalties but i would like to have a clarification by reading on internet, it does look like that as soon as...

I am now even more confused than before

yes, as you see i am a newbie on this tax planning thing, so, citing the structures I proposed above, which one would you think is the smartest one? there are different things I am doubtful about the NHR, first: I have read on this website Here that your company needs to be in the EU, so, i...

Thanks, but i prefer to have Liability protection. I want to start a company. I did research a little bit more and here's what I found so far: 1) US LLC + NHR = PRO: 10% withholding but almost 0 bureaucracy, bookkeeping and headache CONS: I am not sure it is completely legal as I have seen...

Thanks for your reply the 10% tax withholding would be calculated on the gross income, therefore let's say it's 10k$ every 100k$ of gross income.... I spoke with a UK CPA today, at the moment my expenses are 50-60% of the gross income, in UK i'd be taxed relative to the net income, but, I can...

Hello, I am Self-Publishing Non-Fiction Books on Amazon, I am making 5000$/month but my income is doubling almost every month and I am scaling very fast, I think I will reach 10k in the next 2 months and 20k by the end of the year since I found a scalable brand. I am an Italian resident, and...