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Is there actually any sane country to do SaaS business except the US? It's insane how easy it's to start an LLC in US, set up a bank account, do your taxes, wit
by shubhamjain 2y ago
Is there actually any sane country to do SaaS business except the US? It's insane how easy it's to start an LLC in US, set up a bank account, do your taxes, without ever leaving your home. Hell, you can start it as a foreigner, opt for pass-through taxation, and pay taxes at your tax residence.
I mean, I get higher taxes, I just don't understand why you want to make it so hard to start and operate a company.
- bluecalm 2y agoPoland is not terrible. You can do most bureaucracy online. Things that require you to visit a government office can be usually done in a day and there is not much waiting. Taxes are lower than Western Europe still (although pressure mounts to increase them). Courts are slow and incompetent but there is not that much litigation in EU anyway so it's often not a problem. When it comes to taxes you pay 19% corporate tax (9% for small companies that bring less than 2M EUR revenue a year) and then 19% capital gain tax. If that's a lot or not I will let you judge. There are other low tax options in EU if you are willing to travel.
- mytailorisrich 2y ago> It's insane how easy it's to start an LLC in US, set up a bank account, do your taxes, without ever leaving your home All of this is very simple, cheap, and quick in the UK, too. Fully agree that it is difficult to understand why so many countries make it so complex and costly to set up and run a company...