Recent content by DavidTheDude

Thanks for the reply. But if the customer claims to be outside the EU, VAT would not be applied for the customer, and if the company got caught they would have to pay the VAT to the correct government that was never paid by the customer in the first place (If the government found out via credit...

Interesting, for now, I've set up individual VAT rates for every EU country so that I can use MOSS for customers inside the EU. So customers outside the EU do not have to pay any VAT/sales tax? In that case, I would just set the VAT to 0% for US customers, etc. Because the VAT is based on the...

I saw that the government developed something called Mini One Stop Shop (MOSS). "MOSS means you don't need to register with tax authorities in every EU country you sell to, instead, you can register for VAT, file VAT returns and make payments in one single place." So that would make things...

I'll take a look, thanks! The pension system is mediocre at best, most elders are poor and we lack a lot of resources. I always go for private over public healthcare because the waiting times are too long.

Ah, I see, so I would essentially have to pay Swedish tax along with Cayman fees? Might as well go full Marvin Heemeyer at that point. Jokes aside, Malta or Cyprus seem interesting, I'll have to look for info on banking and the ease of running e-commerce for both Cyprus and Malta. Depending on...

Thanks a lot for the answer, I'll have to look further into the Swedish Corporation laws since I am managing the business in Sweden. My business can be managed from anywhere since only a laptop and camera equipment is required. The business could even be managed in international waters on a...

Hi! I am new to this forum and it seems like an amazing resource for offshore discussion. I am a newbie but I'm willing to listen and learn from the experts here and hopefully be able to gather enough knowledge on what I can do for my situation. I'd also like to join the mentor group gold for...