Recent content by Basilia

So 0% is illegal? If someone reports, the IRS will find out about it and make you pay.

I don't know, some people here write that it is.

Did your accountant tell you that, or was there even a claim from the IRS? Unbelievable of course, how to work, cardinally different opinions... And if you deduct everything as an expense under the agency agreement in the country of residence? That is, maybe even c-corp, but withdraw...

Well, even in this thread there are different opinions. One says no taxes, the other says there are taxes. ns2 UK LTD pays 19% on all worldwide income imho.

No-no-no! Not avoid it, but do it right. (although tax-free options seem possible if you live in Paraguay or Singapore, etc. countries) You still have to pay at the place of residence. That is the question. I need to choose a simple jurisdiction, I need to understand where and how much to pay...

Wyaoming LLC / Non-Resident from Russia / 1 member. Online business. No office, no employees, no permanent partners in the US. Customers from all over the world, including the US (or example mostly in the US). Doesn't want to go to jail or get in trouble with the IRS. We have two theories, two...

- Standing in line at the bank, a Jew, a Black, and a Gypsy. - A Russian walks up, asks who is last in line. - Everyone looks at him and says: "Russians are not served". That's weird. There are two opinions, some say it's all nonsense and you have to pay taxes in the U.S., regardless of...

What do you mean by resident? They ask for receipts for electricity. That's all residency is. Only Revolut asks for a real documented residence permit (ВНЖ). (And Wise may have been closed to you because you still had a Russian address there.)

Странно, так вы же резидент Кипра. Куча людей просто рисовало квитанцию и им открывали счета. А у вас реальное резидентство. Хотя каждый день что-то меняется. Пробуйте Vivid, Gemba например. Но грохнуть то везде могут акк... В гонконге тоже, акки компаний currenxie например закрывает, neat не...

Some yes, some no. Either way, the screws are being tightened. It was possible to work through the same Paddle for example to receive cards, but they announced a shutdown, and so on. It's very difficult, it's not even just about the Russian company, it's about residency and citizenship in...

Thank you! Yes, russian taxes, in Russia, personal or sole proprietorship. Aha, ok. I hear opinion about C-corp: "LLC is not better. There will be additional reporting and residency issues. On a small scale LLC will be more expensive than opening a C-Corp - there will have to pay tax on...

Hello, What jurisdiction would you recommend for company registration? Micro-online-business (not for investment). Wishing to provide web-services, sell own courses, affiliate marketing, upwork .etc to the whole world (hooked up stripe/2checkout), maybe mobile apps at apple/google stores. Buy...