Recent content by churumbelo

I read this online in a couple of sources (I think that one was Xolo) so I reached out to the Estonian tax agency via email and they confirmed what I say.

And good luck changing that

$240$/year for only a USD account with an EMI. I have never used Mercury, so probably I am missing something. I cannot find if they will accept non-US residents.

I confirm that if you aren't a resident in Estonia you can pay yourself a salary from the Estonian company without paying tax or SS in Estonia. BUT the Estonian tax agency can request you proofs that you are paying the tax and SS in the country where you are a resident. If you are required to...

For some states you don't even need to file the accounts. Nothing. Nada.

Yes, I know that in the UK it works like that. But not in every country. Some people think, ok, I am a digital nomad, I spend 2 months in country X, 3 in country Y, 3 in country Z,... and I do not trigger a tax residency anywhere. I can live tax free. Well, that depends on your country of...

Some countries can deem you as a tax resident (Spain for instance) if you are a national from said country and you have not been tax resident in any other country. They can claim the years where you were not a tax resident anywhere else as a resident in your country of citizenship. That's why it...

My understanding, I spoke once to an UK accountant about it, is that you have to ask first the HMRC for an exemption. If granted (I don´t know how this works), then you do not have to file the partnership tax return nor register the members for self-assessment. Only annual accounts and...

I confirm this works as I said. I have just done it today. I went with a Thai friend and they were giving me a hard time to get a TIN with the Elite Visa and asking for stupid things. Then I told my friend to show them my bank statement from last year where the bank withheld tax on the interest...

I don't think you need to replace it. You can have both at the same time. Having the IDL allows you to get the Thai license without any tests. I will try to get my Thai license in the coming weeks.

I think that you might have wanted to quote someone else. I also have the Elite, I was just asking him how it is possible that a 5-years visa isn't considered as a long-term visa.

Maybe there is no logic behind it and it is just the "Thai" way.

How cannot it be a long-term visa when the visa is for 5 years?

If you have a savings account the bank pays you some interest while they withdraw a % for tax. You can claim a TIN to get a refund since you are a tourist. Maybe that would work.

Yes, in theory it is a permanent establishment. But that's not something new. It was already like that before.