So I have this LTD somewhere in the Balkans doing software and a friend of mine has a similar service with an Estonian setup.
We used to work together and we trust each other's work.
Sometimes I would outsource stuff to him and sometimes he would outsource stuff to me depending on the volume of projects.
We thought about it and it was better to settle stuff on the moment rather than wait for the end of the year and settle the bills like banks.
I have a freelancer license in Austria and he has a similar one in Germany ( I leave 70% of what comes in on my LLC whereas he takes everything )
I came across this post USA LLC + Belgium Freelancer and it kinda worried me as people as sometimes we'd settle large-ish invoices and folks have been screaming left and right that's illegal as f**k.
While I have hired people back in the Balkans and have outsourced part of the work, he's "hired" himself as a contractor at his own company, and that's how he gets the money home.
Would this raise any eyebrows in general?
We used to work together and we trust each other's work.
Sometimes I would outsource stuff to him and sometimes he would outsource stuff to me depending on the volume of projects.
We thought about it and it was better to settle stuff on the moment rather than wait for the end of the year and settle the bills like banks.
I have a freelancer license in Austria and he has a similar one in Germany ( I leave 70% of what comes in on my LLC whereas he takes everything )
I came across this post USA LLC + Belgium Freelancer and it kinda worried me as people as sometimes we'd settle large-ish invoices and folks have been screaming left and right that's illegal as f**k.
While I have hired people back in the Balkans and have outsourced part of the work, he's "hired" himself as a contractor at his own company, and that's how he gets the money home.
Would this raise any eyebrows in general?