Recent content by Eurocash

Bro I literally ran a legitscript certified telehealth site

You ain't getting Shopify or a payment gateway until you have LegitScript, you arent getting LegitScript to sell illegal pharma

Local tax advice, and knowing how likely you would be to have your overseas company exposed are two entirely different subjects, but I appreciate the comment nonetheless

Aside from the legality it’s also going to be a pain to manage the extra companies, extra bank accounts, extra things to go wrong. The regular pass through LLC is my preference, I don’t know why the person I spoke to was so against it. Maybe more money in it for him to simply sell a bigger...

Yes, I got that, my comment was lighthearted. See the further exchange. Following my post, I had a call with an American tax attorney the other day who basically told me that a C-Corp is the realistically the only way for me to minimise IRS audit risk in the coming years I really don’t like...

The problem with what you're planning to get into is that it's illegal. It can be quite hard to market illegal products/services. You'd have to use a lot of burner meta ad accounts and stuff like that, plus run the discord/telegram groups. It's quite intense from what I can see. Up to you...

I was involved in this back when there was money to be made in compounding. If you want to stand a chance, you'd need LegitScript certification, 500,000 USD to burn on ad spend until you (might) become profitable, among other things. The legal market is now not possible for new entrants. What...

I’d be happy to look into BVI It’s funny you mention it being most bankable, my concerns about BVI are exactly that, I seem to have the impression that it’s hard to bank a BVI Ltd? I’d be happy to fly there physically if required

Please forgive me for my sins

Who told you where the company was being run from?

Damn, okay. I thought I was onto something there. I wonder if there's actually any real risk with declaring the full amount of LLC profits on my EU tax return. The remitted amount at 70,000 is not fabricated, no other funds will be remitted, so it would stand up to scrutiny from that...

Scenario: Living as a non-dom in an EU country (UK citizen) No company registered in the EU country Paying self employed taxes in the EU country based on the amount remitted from the LLC as a "contractor", around 70,000 euros remitted - full self employed taxes paid on this amount at around 32%...

excellent suggestions

Put your apparent task of criticising me to one side for a minute: you're not helping the OP I'll make this as concise as I possibly can. Piercing the corporate veil is easier than ever, and supported by judiciaries in many countries. With that in mind, my position is that if your goal is...

Are you honestly disputing that banks have it as part of their standard terms and conditions that they need to be kept informed of changes to the UBO? Are you joking? You think banks are just happy for UBO's to change without them being informed? I am speechless if so. And with regards to...