Best place to create a company in EU?

[Konstanz]

Don't live in France. Emigrate to HK.
Incorporate in HK. Open account for HK⁠ in europe.
Yes, you will be able to bill European customers.
In my opinion this⁤ could work, because you will be staying and living with your girlfriend in HK. So,⁣ you will be HK resident and company will be HK resident.

 

[thomasparra]

Thanks for the tip. Indeed, I am thinking about this option more and more. Can I open a bank account in Europe for my HK company? I thought I could only do so in HK (unless you are talking about payment processors but maybe EMI like Wise work too?). I hope the HK contract that is under HK law will not deter potential customers in Europe

 

[thomasparra]

Thanks for the tip. Indeed, I am thinking about this option more and more. Can‌ I open a bank account in Europe for my HK company? I thought I could‍ only do so in HK (unless you are talking about payment processors but maybe EMI⁠ like Wise work too?). I hope the HK contract that is under HK law will⁤ not deter potential customers in Europe

 

[TheCryptoAnt]

tbh if you plan on staying in France for only a few years Id just roll‌ the dice and go with a US LLC.
Keep your mouth shut and dont be‍ flashy.

 

[thomasparra]

TheCryptoAnt said:
tbh if you plan on staying in France for only a few years Id just roll the dice and go with a US LLC.
Keep your mouth shut and dont be flashy.
Click to expand...

Why wouldn't I move back to Hong Kong instead? The US LLC will still be taxed in France, especially as I have French clients so I don't think it would make sense. The way I see things:

1) Start the business in France, and when (and if) it generates a good income, I can move myself and the company to another juridiction

2) Start the business overseas right away but it will be more costly at first, not worth the tax savings versus staying in France for the first year

 

[thomasparra]

Why wouldn't I move back to Hong Kong⁠ instead? The US LLC will still be taxed in France, especially as I have French⁤ clients so I don't think it would make sense. The way I see things:

1) Start the business in France, and when (and if) it generates a good income, I⁣ can move myself and the company to another juridiction

2) Start the business overseas right⁢ away but it will be more costly at first, not worth the tax savings versus︀ staying in France for the first year

 

[TheCryptoAnt]

If thats what you want then yeah move back, HK is a nice place to be.‌

What Im saying is︀ role the dice as in dont pay nothing, you dont even know if the biz︁ will work and you are gonna be in France just for a few years so.︂

Dont say anything, and just use a corp where its convenient for you.