Recent content by alley

maybe try services like https://tollfreeforwarding.com/virtual-phone-number/singapore

There are other forums out there where you can find plenty of freelancers from India and Pakistan who can help you with this, though we can’t post links to external forums here.

What type of business are you running through @ActionMan ?

How fast can I take over the company and the costs please?

How about Ing Bank and Postfinans in Switzerland, they could possibly work with you.

That must be all the activity you have tied to Singapore, if I’m reading it correctly. But of course, I could be wrong.

which one, can you name just 2 ?

Do you sell the websites as a service / business, I mean it is not a single business you sell you make this as a living ?

I have to fully agree with @SilverNeo if you can’t afford $1,300 a year to maintain a company, then you really don’t need one. Just pay the tax you owe and set up a local sole proprietorship instead. It’ll be a much better option for you.

Why don't you want a license, what capital do you have available ?

So you’ve protected yourself as best you can by keeping your setups clean to avoid any tax audits? Is that by keeping the revenue low in each company, or how exactly are you doing it?

What’s the issue nowadays with setting up a company where imaginary friends officially own your assets?

The problem is that you have to be tax resident somewhere, it doesn’t really matter where, but if you’re not, you’ll run into all sorts of issues with the crypto you earn, especially if you ever want to convert it to fiat at some point.

As already mentioned earlier in the thread, your local tax office will likely call you in for a meeting if you’re using your company in this way. That said, a US LLC is still the recommended route from my side, it’s the cheapest and simplest option.

Personally, I would prefer to set up a local company in Cyprus and just pay the required tax, simply to have peace of mind and something to show, if needed. You never know when you might want to finance a house, a car, or move to another country where you’ll need to document your income from the...