4 ms·
I have a company in Estonia for cases like this. The amount of paperwork is nearly zero, the corps are happy they’re working with an actual company, and you can
by notpushkin 11mo ago
I have a company in Estonia for cases like this. The amount of paperwork is nearly zero, the corps are happy they’re working with an actual company, and you can do things like holding money there (for business purchases) and paying no taxes in your home country (unless they have a CFC rule, notably US and Japan, in which case eh good luck).
- j16sdiz 11mo agoIt is easier in EU than in US.
- notpushkin 11mo agoIt depends. Sibling thread has some horror stories about Germany, for example. Estonia has been trying to get foreigners to open their businesses there for a while now: https://e-estonia.com/ https://e-estonia.com/ But I don’t think that helps US residents too much (ask your tax advisor about CFC rules; I have only a vague understanding that it’s a PITA).
- distances 11mo agoIt also mostly doesn't help EU residents. If you live in another EU country, your tax office will treat your Estonian company as a local one since that's where the business takes place in truth.