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Recent content by doomslayer123

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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    I wonder if you took out money from your PayPal, straight to your Romanian (RON) bank account. If you did, it's no wonder they found out about it as all RON and Romanian bank accounts are completely visible to ANAF ( RO tax office). In any case, I agree dodging them is not a viable long-term...
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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    Thank you very much. This is a bit of a segway, but I actually stayed in Thailand for some time before and I liked it, so I am looking at that as well. If I stay there, do I actually need a company? The companies which send me payouts (such as Paddle) can pay me directly to my personal...
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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    Yes, updates for the software are constantly released (1-2 updates per month), including new features and improvements to existing features. I expect a slight income increase but I cannot guarantee it in any way.
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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    - I am selling software for online stores (plugins that extend the functionality of a popular e-commerce platform). I have developed the software. - The main source of income is selling this software through my website. I work with Paddle.com for payment processing, and their company also acts...
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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    Very interesting information, thank you for sharing. I guess my question is: In that case, am I not at risk of the Romanian government saying the Estonian company is tax resident in Romania due to place of effective management? Would it not be the same if I just opened a US LLC and received +...
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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    Currently paying 12% though. I work almost every day with rare exceptions, so that's 44 days a year wasted ( a month and a half) . In 10 years, that's over 1 year of my life wasted slaving away for government and parasites. I've been thinking about it, I think the tax evasion option is not...
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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    Thanks for the info. Yeah, crap government, the mountains / nature are pretty much the only nice things here. Not sure where you're from but Germany is a dump as well, you couldn't pay me to move there. Swiss is great though, best in Europe probably. Thanks for the suggestions! Will look into
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    Best country / setup to minimize tax? (software biz, ~400k, eu)

    I'm residing in Romania, running a (completely remote) software business which is currently earning around 400k USD / yr. If relevant my net worth is around 1M, most of it liquid. Currently I'm paying around 12% tax (3% revenue + 8% dividend withdrawal + ~smaller taxes), which is not horrible...