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Ask HN: How do I earn a dollar of my website legally in western Europe (EU)?
Question in title - basically, is there any way to legally receive money in EU for some digital service / product without opening some sort of trade / LLC?
We can say I'm specifically asking for Belgium.
- carlosjobim 1y agoAlmost all tax collectors let you earn up to a certain amount per year before you have to make it a business. It can be as high as €20 000. Talk to an accountant or the business bureau in your region. They usually have very accessible information on their websites.
- Uzmanali 1y agoYes, in Belgium and most of the EU, you can earn small amounts legally. You can do this through a “side income” or hobby income model without having to register a business right away. Like that, use platforms like Ko-fi, Gumroad, or Buy Me a Coffee, which handle payments and taxes partially. If your income stays below a certain limit of about €6,000 a year in Belgium through the deeleconomie scheme, you could get tax benefits. And you won’t need full business registration.
- barrenko 1y agoThank you for the reply (and everyone else)! Is there a sort of a guarantee that below that threshold I won't get a random inquiry from the tax office, or is that always a possibility? I carry that sort of fear from southern EU.
- carlosjobim 1y ago> Like that, use platforms like Ko-fi, Gumroad, or Buy Me a Coffee, which handle payments and taxes partially. Or just old fashioned bank invoices to begin with, until it has enough revenue to motivate card payments. It is easy to incorporate a business, costs very little, and then you can use pro payment platforms like Stripe.
- barrenko 1y agoStill way too much to test an idea or a product.