Recent content by reelay

Fantastic, thank you!

Thanks man, do you know any good lawyers in Panama that you could refer to to help with immigration?

100% been there and like there and regarding the taxes, I talked to 2 lawyers in Panama yesterday, and both confirmed that no tax for my situtation

How do you DM him? what's his link

Hahaha :D Yeah I realized that now, that it's more about generating ideas on here and then consult with tax lawyers in your own country to get the best result

That's what I thought, that if you have a pass-through SM LLC, and live in a territorial taxed country, you don't owe any taxes. And what do you mean by "small" foreign company? Is there a clear tax code saying if your company generates <$100k/year you do not owe tax and if >$100K/year you do...

You literally said (outside and inside) of the country

Don, so just to recap for everyone who might be looking for this in the future: If you're European (non-US citizen/resident) living in Panama and have a US SMLLC serving USA clients over the internet (service-based freelancing, marketing, websites etc.) and all the money flows to your personal...

Got it, so to summarize for everyone who might be looking for this in the future: If you're European (non-US citizen/resident) living in Panama and have a US SMLLC serving USA clients over the internet (service-based freelancing, marketing, websites etc.) and all the money flows to your...

Got it. I created a thread about it and Don (staff member) is saying the opposite you need to pay tax though if you reside in Panama and it is a central management of a foreign company. check out the last messages here in my post > Panama tax residency w/US C-Corp

Nice, so you're saying that if I have my pass-through LLC in the USA and I reside in Panama I'd pay 0% tax? The only thing I'm not 100% sure about is while living in Panama, with a USA or UK pass-through LLC/LLP, do you have to pay tax on the money you would transfer from your US/UK bank...

Thanks, yes Option 1 seems like the way to go. The only thing I'm not 100% sure yet, is while living in Panama if all I would need to pay tax on is the money I would transfer from my US bank account to a Panamanian bank account for rent and food. And the rest of profits I'd keep in the US...

That's the goal, check out my post here, lmk what you think about Option 1 here > How I plan to restructure my US C-Corp $1M/Year *Digital Marketing Agency*

Ah no, of course I've been paying all my taxes while living here in Poland. So that's why it's time for me to move out and restructure everything and move to Panama. So would you say Option 1 sounds like the best structure for my case? I checked out the list you quoted, but it's not related to...

Thanks, yeah I did more reseach about it. Looks like it should be fine with LLC pass through