Recent content by Margeb

You are right, I have this tendency to be very (too) thorough before I make a move. My situation is a bit special and like you say there's no package that offers exactly what I want. The closest I found is Bulgarian company and I think this is where I'm going now. There's 80% chance that this is...

Yes, correct but I need a VAT number plus show that I'm registered (sole trader / LTD). These are businesses that want to work with businesses.

No they won't and again, I need a SEPA account :)

Hi thanks for your comment. Actually, I would LOVE to be a sole trader / proprietor but can't find any place where they accept non residents. In the UK, Ireland, you need to be a resident. You're absolutely right that a Limited is not needed here.

Which US LLC are you talking about ? I mean which state ? :)

Being a non-resident, living in Thailand, I guess social insurance and pension would not concern me ? :)

Thanks. Let's say I make a month with sales of 5000 euros, I can take 4000 and leave 1000 euros, so only 1000 euros would be taxed ? Do I understand well ?

Hi, DId you ask for a HK registered company ? For a HK company all wire transfers are directed to HK DBS except if it's a merchant account. At least that's what I have been told :)

Hi guys, Just want you all to know so I have narrowed it down my choice to UK and Bulgarian company. Both offer pretty much what I need. Bulgaria offers maybe more stability in these days of of uncertainlty (Brexit). Taxes are lower there but accounting + setup is more expensive than for a UK...

Yeah, I thought that as well. You seem to be well versed in UK companies :D.This might be the way for me if I can't find any other solution. In your experience is it difficult to maintain a UK company ? Paying myself a salary ? (I have no employees) Just to tell you a bit more about what I do...

For a UK company (like an Irish one) I read that your sort of need to have some "link "with UK business interests, like clients there etc.. However, I would not have any client there. In rapidformations it says: "You should have a customer in the UK or have the intention to procure customers...

Yeah could be, I just saw it wa sa low tax place. It's possible to open a bank account remotely as well. For a UK Ltd,it looks easy to set up but as I heard, it's not possible to open a bank account remotely.. unless with transferwise ?

Hi, Still a bit early to say. I checked and some of my business partners in Europe seem to be needing a Bank Account for SEPA transfers. I contacted Airwallex et they only provide a European IBAN for merchants accounts, if it's wire transfer then it's directed to DBS Singapore (no European...

o_O;):p nope not me, but I'm not surprised at what you say !

Thanks for that explanation ! So with Airwallex: Name of company IBAN >> then money is on the German account (paid by my customer in france for ex) ? From there I can send my salary to Thailand ? (that'd require swift I guess). Sorry if what I say may sound dumb, I really have no clue about...