Recent content by archer

I think that there is some confusion with the 183 days. Staying 183 in one specific country, can make you strongly a tax resident of that country, with the proper actions Staying 182 days or less in one country, doesn't guarantee that you will not be considered a tax resident there. Because...

I own my UK-LTD as a non resident. I can give a salary to my self up to 519 GBP per month, without having to pay any NIN contributions. This 519 * 12 and taking the GBP/EUR currency in consideration, makes it 7.2K EUR per year. Plus some expenses that I can add to my UK LTD, I will be able to...

Hello, I am coming back with an update of my situation: In 2022 I worked via my UK LTD. That tax year has ended, tax has been paid and I am pretty happy with the result, tax ratio/revenue, etc In 2023 I started a new contract in the summer. This time I created a Greek personal company and I...

1. A partner with 1% share of OE, EE, is eligible/liable for the 1% of the profits/losses of the company, however for legal issues, every partner is fully responsible for any liability of any amount that may occur. Even with 1% of a small company he will be liable to pay let's say 5 millions...

Because I have already been paid to my UK-LTD all the previous months. Even if I create an OE, EE, IKE now in Greece, I will need to invoice my UK-LTD, which may cause problems. If I can invoice my UK-LTD with my current personal Greek company, which was the original plan, then it's fine. If I...

I am still struggling to understand if the dividends from my UK-LTD will be taxed in UK (with 8.75%) or in Greece (with 5%). My accountant says the first but I read plenty of articles and discussions stating the second. If it's the first, then my current schema with the UK-LTD is a total fail...

Maybe the personal income that is coming from a OE or EE, will be further taxed on personal level? Instead of it being declared as dividends, it must be declared as income from business and get taxed based on higher rates? Need to confirm all this with my Greek accountant, I will post the...

This is true for OE, EE and personal companies. However OE and EE require a partner, you cannot have them alone. However with 22% tax rate and no dividend tax, they really look as the best option, even compared with many other countries https://www.startyouup.gr/el/a/106-forologia-epixeirhsewn

Hi all, thanks for the helpful answers to this thread so far. I have 2 other questions related with my setup above: 1. Shall I pay dividends tax in UK or in Greece? I couldn't find a clear answer on that online. Actually I heard both the answers from different people 2. I want to invoice my...

It's not 22% in Greece for the full amount. My total income will put a significant portion at a tax rate of 28%, 36% and even at 44% For income below 50K, it will remain at 19%

This means that I will be taxed in US as person? From some research I did I understood that in this case I will only have to pay the Federal tax only if I register my LLC in Delaware?

Regarding your first point, tbh I haven't looked for an LLC in USA at all, as I was familiar with UK and my agency that I work for is in the UK. My schema is a bit complicated. End client is a large USA company, client is based in UK and the hiring agency is also in UK. Do you know if this way...

Hello, I think that the 4.5% is only if your entire income is less than 10000 EUR, if it's higher, then the first 10000 will be taxed with 9% Here is a relevant article, please use google translate to read it...

Thanks. My Estonian company costs nothing, just a formation cost some time ago. Its actually dormant. My Greek company I need it in order for me to pay national insurance contributions as self-employed, its a cost that I am willing to pay. My main concern is if I need to pay taxes in Greece for...

Hello, I am a Software Developer and I work for a UK based company fully remote from Greece. I am a Greek citizen and tax resident and I have created a non-resident UK LTD and invoice my client via this company. I expect a yearly income of 50K EUR. I am trying to make some planning of my tax...