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It should be noted that for Europeans other alternatives exist, as you can freely shop any EU country to incorporate a business. Many of my tech friends have se
by Jhsto 3y ago
It should be noted that for Europeans other alternatives exist, as you can freely shop any EU country to incorporate a business. Many of my tech friends have set a company in Estonia for tax planning once they have hit a certain revenue (and 0% corporate income tax).
- newaccount74 3y agoYou will still need to pay taxes once you take any money out of that company; whether it's payroll tax or capital gains tax. And there's also health insurance and pensions insurance.