3 ms·
If you are e-citizen in estonia you can easily open a company there. Taxation in estonia is pretty nice since basically the only tax you pay is when you pull m
by siscia 11y ago
If you are e-citizen in estonia you can easily open a company there.
Taxation in estonia is pretty nice since basically the only tax you pay is when you pull money out of the company, not when you sell something, as long as the money are inside the company you don't own anything.
(Of course is a little bit more complex that this, but here is the idea, you need to pay tax if you have employee for example)
- icebraining 11y agoWell, you also pay VAT when you sell something. You just don't pay corporate taxes.
- eCa 11y agoYes, but VAT is not part of your revenue.
- kintamanimatt 11y agoIIRC you pay corporate taxes when the profits are distributed, but aren't taxed so long as you keep them in the business.