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Be aware that incorporating in another jurisdiction doesn't mean your operations aren't taxable according to the local laws of where you are. For example, if a
by jlangenauer 9y ago
Be aware that incorporating in another jurisdiction doesn't mean your operations aren't taxable according to the local laws of where you are.
For example, if a company is incorporated in the US, but all it's employees/owners are physically located in Germany, then under German law, the "place of ordinary business" is Germany, and the company gets taxed as though it's a German company.
I believe the same sort of principal applies in most jurisdictions.
- fasteo 9y agoSame for Spain. You need a permanent office - that is, employees that generate revenue for the company in the US - for the Spanish government to consider whether you can pay taxes in the US or in Spain. Note that this varies from country to country depending on the double taxation agreements between countries [1] [1] http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio/La_Agencia_Tributaria/Normativa/Fiscalidad_Internacional/Convenios_de_doble_imposicion_firmados_por_Espana/Convenios_de_doble_imposicion_firmados_por_Espana.shtml http://www.agenciatributaria.es/AEAT.internet/en_gb/Inicio/L...