A freelancing platform that issues invoices in its name?
- Thread starter gnud
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You can consider www.Xolo.io
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
Xolo something OU not your name or at least this was the last time I used it
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@JohnnyDoe ”“ Your #1 Source for Guidance in Different Offshore Fields
There is a few options:
Bitwage.com
Rimuut.com
Xolo.io
Winglio.com
I have tried all above and they all work.
I can recommend looking at Bitwage, which we have freelancers using now, as there is option for 0% fee and paid in crypto (but also bank transfer)
Bitwage.com
Rimuut.com
Xolo.io
Winglio.com
I have tried all above and they all work.
I can recommend looking at Bitwage, which we have freelancers using now, as there is option for 0% fee and paid in crypto (but also bank transfer)
It depends on what you expect. If you compare the "free" plans that just takes a %, then I can't see much difference between Rimuut and Xolo. Rimuut is just a bit cheaper on the % 🙂
Thanks for the replies. The problem with these platforms is that the decision to use them is on the freelancer’s side, they’re “virtual” companies. If my freelancer already has an entity in his place if residency, I can’t tell him to forget it and use this “virtual” company service to do business with me.
Ideally I’d need something that acts like Amazon FBA but for services where I deal only with one company, and without applying VAT.
I asked around and I found one site that acts like that, the only problem is that it’s not for software development, but writing and content creation.
freelancer.com issues invoices in its own name for deposits but for milestones issues invoices in the︀ freelancer’s name. Almost there, but not completely. I don’t think I’ll be able to claim︁ deposit as an expense, when they even make it possible to return the money so︂ it’s essentially just like a bank account.
Everyone else I’ve asked issues invoices in the︃ freelancer’s name, only fees in its own name.
The reason why I need this is︄ that from time to time I will be the freelancer on the other side with︅ a sole proprietorship formed in another country. I’m not sure how that would be received︆ by the tax authorities, so to be on the safe side I don’t want them︇ to see the final service provider.
Ideally I’d need something that acts like Amazon FBA but for services where I deal only with one company, and without applying VAT.
I asked around and I found one site that acts like that, the only problem is that it’s not for software development, but writing and content creation.
freelancer.com issues invoices in its own name for deposits but for milestones issues invoices in the︀ freelancer’s name. Almost there, but not completely. I don’t think I’ll be able to claim︁ deposit as an expense, when they even make it possible to return the money so︂ it’s essentially just like a bank account.
Everyone else I’ve asked issues invoices in the︃ freelancer’s name, only fees in its own name.
The reason why I need this is︄ that from time to time I will be the freelancer on the other side with︅ a sole proprietorship formed in another country. I’m not sure how that would be received︆ by the tax authorities, so to be on the safe side I don’t want them︇ to see the final service provider.
The advantage is that you get a setup for max 10£ and close the company should someone ask question about the company. You can invoice your customers as you like and don't care about to charge VAT, no one will ever care as long as you don't live in the UK.
You can do the same with a Cyprus company, but the costs are higher.
You can do the same with a Cyprus company, but the costs are higher.
I have UK LTD offering B2C services to EU residents and I'm below VAT threshold for now.
My company accountant told me that I won't be able to register for VAT in UK because operations don't happen in the country. They said they gonna do research on this topic to see if I ever have to register for VAT given I'm not residing in UK
How do you know its not legal?
My company accountant told me that I won't be able to register for VAT in UK because operations don't happen in the country. They said they gonna do research on this topic to see if I ever have to register for VAT given I'm not residing in UK
How do you know its not legal?
If you perform the business elsewhere and manage it elsewhere too, that country can and will demand the portion of profit attributable to that country to be taxed there according to the double tax treaty, so in effect it will be taxable entirely there. Moreover usually you have an obligation to declare its operations on the territory of that country, a failure to do so leads to a penalty. So all benefits of your UK company will disappear, you will only make matters more complicated.
Sure, you can hide, but I need to be able to declare an income in that country, so I really︀ can’t not reveal the UK company.
Also the idea that you just dissolve the company︁ in case someone has questions and everything will be solved seems very naive. There are︂ records and there’s cooperation between countries.
Sure, you can hide, but I need to be able to declare an income in that country, so I really︀ can’t not reveal the UK company.
Also the idea that you just dissolve the company︁ in case someone has questions and everything will be solved seems very naive. There are︂ records and there’s cooperation between countries.
https://www.opeha.com/what-is-rimuut-and-how-it-works-for-freelancer/
That's pretty cool, looks like that's exactly what I'm looking for.
So essentially I'd have my company sign a contract with Rimuut, and Rimuut will sign a contract with my sole proprietorship. The company will receive invoices from Rimuut, the sole proprietorship won't be mentioned anywhere. Equally the sole proprietorship will receive payments from Rimuut, and the company︀ won't be mentioned on that side either. Rimuut will take its cut for being an︁ intermediary, and tax authorities in either of those 2 countries won't know about each other.︂
That's pretty cool, looks like that's exactly what I'm looking for.
So essentially I'd have my company sign a contract with Rimuut, and Rimuut will sign a contract with my sole proprietorship. The company will receive invoices from Rimuut, the sole proprietorship won't be mentioned anywhere. Equally the sole proprietorship will receive payments from Rimuut, and the company︀ won't be mentioned on that side either. Rimuut will take its cut for being an︁ intermediary, and tax authorities in either of those 2 countries won't know about each other.︂
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