Reselling business

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billthefrog

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May 13, 2022
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So I've recently been sourcing used electronics from local marketplaces, hiring someone to fix them up and reselling in bulk to multiple companies.
The companies recently sent me a documents saying they cannot accept bigger quantities from private person anymore.
What would be best way to accept payment as a company as recently volume has increased to 30-40k per month and I will have to open a company.
I am also projecting that the volume will grow to 100k within next few months.
I am located in europe, how could I accept the payments with paying minimal tax.
 
The best way to receive payments in a normal country? Get a bank account.
Minimal tax is a whole different story. Is everything (buying, fixing, selling) done within the EU?
 
Either Relocate, or pay the tax required. Otherwise go the underground way and check mentor group gold - it's worth it if you want to reduce taxes to a minimal.
 
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