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Set up the company in your home country, it will make your life much easier. Otherwise, unless your country has a double tax agreement with the country where yo
by adrianmacneil 13y ago
Set up the company in your home country, it will make your life much easier. Otherwise, unless your country has a double tax agreement with the country where you registered your company, you will need to legally declare the company drawings as income, and you will end up paying tax twice.
If your company is registered in a different country than where you file your personal tax return, you will also have a very hard time if the tax years don't match up (for example if one country files tax returns in June, and one in December).
Basically, you can't avoid paying tax anywhere, so don't try. Just get a good accountant back home, and it won't matter where you travel.
I've spent the past couple years traveling this way with a company registered back home and had no problems.