Recent content by MementoMori999

No I didn't know this... doesn't sound good. Who does this - is it the bank who withholds the payments? Yes, that's the weakness here. I'd be creating an umbrella company, be the director of it, and the sole independent contractor also. My understanding is that it's technically legal, but it...

Actually, I think I just worked it out So, we have: Irish end client Irish company (mine to create) - functions similar to a payroll/umbrella company Independent contractor (me) of Irish company, tax resident of nowhere (or a no or low tax jurisdiction) Then, the process: Contractor (me)...

Update. I’ve got a potential Irish client. Looking more into setting up an Irish company, bank account and paying the 12.5%. It appears it’s payable even if the work is not performed there. Ireland seems much more locked down (but gets a better rep in exchange). I’ve lost 2 clients previously...

I would rather not, sorry. But it’s a very sanctioned country at the moment. It’s not too hard to guess but please keep it to yourself. What setup did you go with? I see you are in the same situation in a previous thread.

Agree - simple is best! An Estonian branch office sounds like a great solution. Do other EU countries (e.g. Ireland) have the same concept? With no local taxation (i.e. territorial taxation in effect) of non-resident branch employees? I ask about Ireland as it's a powerhouse at the moment...

Ok, interesting, thank you. So, do you mean an Estonian branch office of a foreign entity (either me the individual OR a single member US LLC)? Is this foreign entity anonymous to the public? (or at least its address?) Also, what about Irish LPs or other EU countries LLP / partnerships / pass...

Thanks... I will look into Estonia. Unfortunately, for employers in the UK/Ireland, countries like Poland/Bulgaria/Estonia are also considered a little 'dodgy'. The other thing they don't like is if I say I am based in Country A (e.g. Ireland) but ask them to pay my company in Country B (e.g...

Thanks for the reply. What if I list myself as 'EU citizen of reputable country' residing at 'address in the same reputable EU country'? This will actually be the address/location where I will tell my end clients I work from. I do actually use this address as my base, receive mail and work...

Hi @ Hi @Bl4ckJackk I am in the same situation as you, EU clients want to pay into EU entities but I have 0% personal income tax - I posted my question here. FYI I think they would be fine with a UK LLP. Can you share what did you go for in the end? Thanks!

Hi! I'm new here, amazing resource! I currently reside in a cheap, low cost, low tax, 'dodgy/naughty' country in Eastern Europe (outside EU). I will either be a tax resident of said Eastern European country, or nowhere (as I travel often). I do remote IT Contracting with end clients based in...