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Recent content by boresnake

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    Best low tax EU country for freelancing

    As always in case you are EU citizen - to stay in the Czech Republic for at least 183 days in a given calendar year (you will have to prove that) and do not have center of life (houses, spouse, children) in any other country that could claim you to be tax resident there. This is hard to achieve...
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    Best low tax EU country for freelancing

    It's included as well. Here is detail reconciliation in local currency (1EUR=25CZK) Let's say your revenue from invoices is 2.000.000 CZK You pay 116 800 CZK in social security You pay 54 000 CZK in health insurance You pay 95 160 CZK in tax You totally have paid 265 960 CZK which makes your...
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    Best low tax EU country for freelancing

    If your turnover doesn't exceed 80k EUR, then effective tax rate in Czech Republic will be 13.25%. Social security and health insurance included. For VAT fillings you have to report each month to the tax authority. But it's manageable, I am doing it myself regularly. If you wish I can help you...
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    Euro Pacific Bank - Costa Rica fraud?

    I have o.k. experience, I already solved a rollback of finished transaction (funds sent to wrong account). They delivered everything what they described. Don't know why they should be considered a scam, please explain.
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    How to collect forex profits and not have to pay taxes or just a minimum tax?

    That's almost correct. The solidarity tax 7% is only applicable to the income from salary and business. This is fine as long as you have the option to use flat expenses (60% of income in many of the cases) and your real expenses are low. For trading/capital gains there is only 15%, not +7%...
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    How to collect forex profits and not have to pay taxes or just a minimum tax?

    Nice thread here. I live in Czech republic as well. The tax system is nice, you're right, I don't have problem to pay 15% on personal income and 19% on corporate income. I even do not have problem to pay 15% on dividends. I do all that regularly and pay X0.000 EUR in taxes. The only problem I...