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where do you live, which citizenship you have? yeah, we remote employees / contractors / freelancers / consultants do invoice through our own ltd companies an
by wprapido 11y ago
where do you live, which citizenship you have?
yeah, we remote employees / contractors / freelancers / consultants do invoice through our own ltd companies
an accountant unless they are really expertized in cross-border deals usually is not of much help, but there are some knowledgeable
if you are from EU, establishing residence, registering an ltd in britain and getting paid in UK makes sense more than doing that in mainland europe. given there is double taxation treaty between UK and rest of europe (EU and non-EU) you don't owe your country any taxes as you paid them in the UK. also, you can get paid by that company without changing residence as a sole trader in your country of residence
millions of mainland europeans have their companies incorporated in the UK
- firsttimeremote 11y agoGreat. I have no problem setting up a ltd and invoice through that. I just wanted to know if this was common (which from your comment it seems it is) and if I should negotiate the offer as the expenses of contracting through a company are higher vs expenses as an individual contractor. Thanks for your input.
- wprapido 11y agosure, it's how most of us work. well, as per default your contracting rates should be at least your salary + expenses and if you are any good (both, as an engineer and a salesman or at least one of the two) your rates should be multiples of that. if it's a long term contract, rates can go a bit lower. if it's a short term gig, rates go up as they need to cover your living and business expenses between gigs