"The supply of services between businesses (B2B services) is in principle taxed at the customer's place of establishment, while services supplied to private individuals (B2C services) are taxed at the supplier's place of establishment." - Where to tax?
This is indeed different for electronically...
It should be applicable in the seller's country unless it falls under the exceptions (electronically provided/consulting/...) which I will not
I'd be looking somewhere in the caribbean. Not sure where exactly. It'd be a bit of a stretch, but I'd aim to make that the place of supply.
Thank you both for your input!
@CyprusLawyer101 this is interesting - I was not aware of this development. I am the director, however this shouldn't matter much as I intend to take out the full profits as bonus each year and pay personal income tax on it, so corporate tax shouldn't be applicable.
I'm in the process of setting up a non-resident Cyprus company.
I am a resident in a European country outside EU, with no CFC rules, and a rather relaxed government. I plan to sell B2C services to UK that will have a place of supply outside UK, and thus not be subject to UK VAT. I want to avoid...
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