Questions about anonymous UK LTD for french resident + some kind of Online Banks to store cash for Ecom business.

[bluelama]

Hello everyone, i've been reading since last year but never posted.
My question is about how to keep working and generating profits from here (french resident) with a UK LTD. My accountant told me something about the UK gov not communicating with the french gov, and told me it's ok for me to do this before going to expat to Dubai.
Obviously, since im posting here, im an open minded person willing to change opinions and keep improving from there, your valuable messages are well accepted. Many thanks, good day lads.

 

[JustAnotherNomad]

Find a new accountant.
Taxes are probably higher in the UK than in France, by‌ the way. So no idea why you would even consider this.

 

[BigUnicorn]

Look for signs of your accountant still using a︀ Fax machine or things like that

 

[bluelama]

I've actually been forwarded to them from a coach i took, I was skeptical too‌ talking to other people in the industry. Those guys ended up charging me 2.5keuro. Any‍ one with some meaningful advice please? Im in the hole now lol.

 

[jafo]

Have you created a spreadsheet (yourself) and juxtaposed the UK vs. France vis-à-vis⁠ taxes?

Also, include the monthly or annual "ancillary" expenses.

Get a total. Try to figure⁤ it out yourself from there. How much would you save by going elsewhere or using⁣ a "questionable" method?

Pay a LOT of attention to what Charlie alludes to:





Disclaimer: I've⁢ been a BRKA shareholder for decades since I was a freshman in college. You may︀ have to read all their annual reports and watch all their annual meetings a few︁ times BEFORE unlearning the crap we were "indoctrinated" with in college/MBA etc and RE-LEARNING the︂ correct way. Just like getting in tip-top shape, this will require MAJOR energy & effort︃ to conquer and only YOU can do it. It can't be outsourced! 😎

 

[bluelama]

Yes thank you that is so true. Always looking for the expert when we should‌ take responsibility. Thanks brother for the motivation. I've had my company open for almost 2‍ years now. Looking to avoid trouble obviously, looking forward.

 

[jafo]

(1) If you‌ need facts or information from other people to enable you to reach decisions, as you‍ probably will in many instances, acquire these facts or secure the information you need quietly, without disclosing your purpose. p159”
― Napoleon Hill, Think & Grow Rich

...and the MOST⁠ important thing in the world? MUTISM
(2) "There are NO mutes in prison!"
- ©⁤ 1989 - 2023 by Anonymous.

 

[DBeker]

I'm a French resident here and I just set up a SAS here in France.‌ I don't have any salaried employees (not even myself as an employee) and I have‍ some business partners whom I just pay out commissions to as and when successful deals⁠ happen. Tax wise, I don't think it's so bad in France. I'd say it's more⁤ or less the same in other Western EU countries. But in my field of business,⁣ France has a really good professional network, so it just makes sense to set up⁢ here and build partnerships. Some of my business ventures need proper banking support and so︀ this is easier when the company you have is set up in the country you︁ live in.

 

[clemens]

You can find lot's of good information inside mentor group gold which can help you‌ archive your goals.

 

[myhand]

Only by setting something up without your name to appear could work or you relocate‌ to Dubai right away.

 

[clemens]

do you have the link to the working video ?

Can work well︆ for you with a UK company that is anonymized.