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Best country / setup to minimize tax? (software biz, ~400k, eu)

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Thank you very much.

This is⁣ a bit of a segway, but I actually stayed in Thailand for some time before⁢ and I liked it, so I am looking at that as well.

If I stay︀ there, do I actually need a company? The companies which send me payouts (such as︁ Paddle) can pay me directly to my personal Revolut account (Lithuanian). Would that work for︂ me to have 0 tax legally as long as I do not bring the money︃ into Thailand? (I'd just send it to a broker). Is that completely solid? is there︄ any risk in the future if I move that money, that the broker / bank︅ / new country would ask me about proof of tax paid on it?

Not sure︆ I want to move away from Europe + I have some property here, but I︇ want to understand what my best options are. I suppose with Cyprus advantages are that︈ I'd get to stay in Europe + have all the money completely in the clear.︉
 
I think that's a bit risky.︂ At some point one of the EU countries with which you are involved could make︃ some sort of claim.

In my opinion, setting up a company is the right way︄ to do it, especially for your income level, and to have "all money in the︅ clear" like you stated.
 
Well in Estonia if you payout a salary, yes is not taxed as the dividends,️ but you still have to pay Income Tax and Social Security Tax no?
 
It usually works that way in most countries (if not all), anything⁠ else is a misunderstanding or perhaps the sender means something else.
 
You usually‍ pay tax and social contributions where you are resident. For Europe there are some rules⁠ on social contributions which limit the payments to exactly one country at a time. Under⁤ certain conditions it may not be the residence but the workplace.

The problem he will⁣ have us that you cannot have a company making 500k and paying it all as⁢ salary. A company is meant to be profitable and the salary needs to be at︀ a fair market value and in relation to the revenue. Hence you will have to︁ take it something as dividends eventually.
 
Marzio, please tell me,‍ does a US LLC have to pay FEDERAL income tax if the income is not⁠ received in the USA?
 
You should pay income and social tax where you are resident and⁠ where the work is performed
 
Yes.. if you‌ have specific questions better DM
 
Dont, polish tax system‍ is one big TRAP and polish tax authorities do not honour their own laws. Stay⁠ away from PL as far as You can in terms of taxes. IP box is⁤ an illusion.
 
In theory yes, in practice no due to a fact that ruling is based on Your‌ description of the problem. So in very simple cases true, it will give You some‍ protection - but in those kind of cases You actually dont need the ruling. In⁠ a bit more complicated cases common practice there, by the tax authorities, is to assess⁤ the case in Your disfavour even if You can prove them wrong, or deny the⁣ previous ruling stating that Your description of the problem was not detailed enough. In the⁢ end You will win in court but a) this will take years as polish courts︀ work really slow b) will cost You money. And since few years PL tax authorities,︁ if everything else fails, have a tendency to use a new "weapon" they got -︂ so called "law circumvention clause" which basically gives them the right to classify broad spectrum︃ of actions ( including legal one ) as illegal - "inconsistent with the spirit of︄ the Act"
 
I thought‍ we were the ones using "law circumvention clauses" how dare they competing with us?
 
What should be a "law circumvention"? It is just called abiding by the law. If‌ they do not like it, they have to change the laws. But hey guys, I‍ think all empires raised taxes shortly before their collapse. It is normal.
 
Using the law that they don't profit from as much instead of the⁠ law that maximises the profit earned by the government's coercion.

But look at the Polish⁤ leaders. Tusk is Putin's friend, and he publicly announces that Polish law is what he⁣ thinks it is, not what is said in the legislation.
 
Hi, can I ask you to share please where did you see that you can have⁣ a 10 years residency visa with jus 120k eur of real estate investment?

Is not⁢ 200k bhd the minimum amount to invest in Bahrain to obtain that 10 years resident︀ visa?
 
It's 2 different options, unfortunately it's quite badly⁤ advertised, but for 200K BHD you can have the golden visa, and for 50K you⁣ can get a Self Sponsor Property Owner visa.

The only difference is that with the⁢ Golden Visa you are allowed to work in the country.

You can actually see and︀ request the Property Owner Visa from Bahrain Electronic Visa Service

This is the whole process:︁
 
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