Recent content by dissident

Estonia works great if you have EU customers too, VAT accounting is easy to delegate, and reinvested profits are remain tax-free if you don't distribute dividends. US LLC is optimal if you don't have customers in the US and live in a low-tax jurisdiction. I'd suggest moving your a*s and then the...

Would you recommend it? Any others' experiences? I'm wondering if it is worth applying given the following scenario: - Not intention to reside in Georgia more than a few weeks per year (tourism). - Not spending more than 183 days in another jurisdiction. - No substance, family, properties, or...

Georgia tax regime for small businesses with 1% and 3% taxes respectively is only applicable to certain types of businesses. You cannot for instance do consulting services of any kind and pay 1% tax, in that case, you will be liable to pay 20%. Georgian law is often complex and has many...

Georgia is also another interesting option for a nomad, you can distribute profits to an FTZ IT company in Georgia from the Estonia company and pay 5% taxes. That's all. The tax residency can be easily obtained and there is an option to do not reside there 183 days per year while still being tax...

I don't see the big deal here. You can move funds into stable coin (USDT, USDC...) if price volatility is your major fear, which I don't believe it's the case since he waited 6 years to withdraw funds, including waiting during the crazy 2017-2018 bull run. Anyway, it's very unlikely BTC will...

I found some services where you can "rent" an already formed company in different jurisdictions that can be used to invoice end customers or simply move funds across companies, as proxy companies. They typically take a fee per transaction. I can think of different useful cases that can work nice...

Why not? Let's say using 4 different person BTC debit card accounts, each spending 600€-700€ per month = 2400€-2800€ total spending per month in order to cover one person life expenses. That during 5-10 years, about ~156,000€ - 312,000€ respectively in total spending, all without triggering...

If you have the choice, run away from Spain. It's a bureaucracy hell, taxes are high and authorities will try to bother you as much as they can when you start making some money. Now they even have a radical socialist-communist government that has a state-expensive economic plan that the only way...

This is far simpler: you just need TransferWise for a SEPA bank account linked to the Estonian company (it works with e-Resident owned companies). Stripe for payments, then withdraw money to TransferWise. End of story. Paypal/Braintree sucks compared to Stripe. If you can rely on Stripe, forget...

That's exactly what I have asked, but they failed to name just one. False promises with no value. EMIs are risky when managing certain volumes and I don't to end up being blocked. Anyone knows any reputable, reliable provider that can help to setup a structure with safe local bank account. Thanks!

You can spend it with a good level of privacy by using debit cards connected to your Bitcoin wallet. Coinbase Card is a reliable service, but they have a strong KYC process that might eventually expose you in the future if they are enforced to share information with EU tax authorities, as they...

I see, what could be needed the budget then?

I don't understand why if it's so complicated, how the heck all these online company formation firms offer lots of packages for banking account services. Is it all fraud? I have been suggested, in order to have access to solid payment processors, such as Stripe/Braintree, which is key for the...

I'm not really into cars tbh, just looking for some useful advice.

Hi folks! I'm looking for a solid offshore setup. Let me give some context: software a service online business, nothing illegal but might be eventually exposed to be sued by a private US company. The money flows from customers (individuals & companies) to the company primarily through Paypal...