How to avoid paying VAT coaching business

[ilDavid6311]

Hello, I would like to hear your suggestions about setting up a company structure for avoiding paying VAT for my B2C customers based in EU. My business is 100% legit, we sell coaching services with revenue around 50k/month. I'm looking a solution for avoiding paying like, such as using a US LLC. The problem with US LLC is banking and payment processors, in particular, most of my customers uses Klarna through Stripe or PayPal 3 installments. I was thinking about setting up a UK LTD using nominees shareholder and director that works as a payment processor, sending all money to the US LLC, may it work as a solution? Or anyone else can suggest other solutions?

Last edited: Jul 27, 2024

 

[DeepDrilling]

You can setup a UK LTD and just forget about VAT when charging customers. As long as you are not a UK citizen and live there it won't hurt you.

 

[ilDavid6311]

DeepDrilling said:
You can setup a UK LTD and just forget about VAT when charging customers. As long as you are not a UK citizen and live there it won't hurt you.
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My customers are mostly based in the EU, the same apply?

 

[DeepDrilling]

yes, for me it has been working like that 2 years no comments ever from anyone. I file dormant every year 😀

 

[ilDavid6311]

DeepDrilling said:
yes, for me it has been working like that 2 years no comments ever from anyone. I file dormant every year 😀
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Do you use nominee shareholder / directors? If yes, do you did KYC for UBO? And which service you using?

 

[DeepDrilling]

Full nominees, no KYC myself - have private arrangement with the nominees. You should check out Unlock the Gates of Success: Mentor Group Gold! to get inspired.

 

[ilDavid6311]

DeepDrilling said:
Full nominees, no KYC myself - have private arrangement with the nominees. You should check out Unlock the Gates of Success: Mentor Group Gold! to get inspired.
Click to expand...

Which services you used if you're comfortable sharing? Also, aren't you afraid if authorities will go after nominees and then nominees will reveal the real UBO?