Recent content by noentry

Haha, exactly I am in Lithuania. I think I could avoid registering cars somewhere else. I import them from Scandinavia, so I would buy them with my UK company and sell them to someone here in Lithuania with the higher price from my UK company. I would still live in Lithuania tho tax guys would...

Hi I have been dealing with VAT that is killing my business. I will try to briefly explain the situation. I am running a car sales business in an EU country, basically we buy damaged stuff, repair and sell. We have to pay VAT from the margin that we make when selling. Now everything would be...

Guys, you all have some very nice setups but I dont see anyone mentioning VAT. What do you do to avoid it? You cross the turnover barrier and you are VAT registered. Then the tax bill increases A LOT.

Michal, thanks for the answer. So probably the only other way is having a lot of expenses, because in my case I pay VAT from the margin. Some countries, like Bulgaria, they hate when you have lots of expenses and especially in abroad. But I was wondering about Cyprus? Do they even care about...

I did notice that most of the traders are crypto/forex! I have been trading goods for 7 years and either I got greedy or I just do not believe in the tax system of my country. I pay a lot and get next to nothing. Which country do you trade in?

I will not be able to avoid VAT, but if I sell the goods back to Lithuanian company for lets say 39500EUR and then resell to the end user for 40000EUR, I will only pay VAT from 500EUR margin. So what am I tryng to find out is how to increase the price of goods without paying too much in taxes.

Hi! I have read a lot through the forum, there are tons of smart people here. But there are tons of threads with crypto and forex trading. I have a little bit different situation but I am sure someone will be able to recommend something. I am based in Lithuania, EU and the business I am doing...