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But why do this instead of setting it up somewhere in the US? Having an office there - if you already have HQ or something in the US - might have benefits. But
by pokemongoaway 9y ago
But why do this instead of setting it up somewhere in the US? Having an office there - if you already have HQ or something in the US - might have benefits. But I doubt choosing most places in EU would have benefits over the US.
- leoharsha2 9y agoI thought the way that one Apple subsidiary avoided taxes was pretty clever. The USA taxes corporations by their headquarters location, and Ireland taxes companies by their physical presence. So apple created a headquarters in Ireland, but did physical business in the USA. So the USA didn't tax it because it's HQ was in Ireland, and Ireland didn't tax it because it's physical presence was in the USA. So that subsidiary paid absolutely zero taxes, they didn't even file. It saved Apple a good 5 billion dollars.
- pokemongoaway 9y agoTax avoidance is another topic, I thought. Roger that, though.
- pgeorgi 9y ago> But why do this instead of setting it up somewhere in the US? Because then you have an LLC in the US. The article opens with "A quick google search of 'How to setup a company in Germany' yields numerous results". Its target audience is likely the sizable expat community in Berlin.