Recent content by skoffs

what about romania ? they have 3% turnover tax - which is really good for owning IP as you dont really have any expenses. also hungary is having 9% tax and 4.5% for IP but they are little bit strict with what they consider IP. Also i strongly suggest paying some local guy to find you local...

i would go for upwork.com as you can find best people there. Key here is you have to post your ad at like 2pm CET so you will get replies from people from serbia, ukraine or romania instead of india and pakistan.

why would you need cyprus bank ? since you have to report these money it doesnt matter ? for any european company you can have bank account in any eropean bank without problem. and yes it seems that money you keep in company are fine but when you pay yourself you have to pay either dividend...

upon some reading, in EUrope you have to pay higher dividens. if romania does have 5% and your country does have lets say 10, you have to pay 5 in romania and then rest up until 10 in your home country ( depending on double tax treaty )

@1nomad but when they have 5% dividends on witholding, you would have to pay that + dividents in your country of residence, right ?

and how do you withdraw money from company ? you earn 50k, pay tax of 1500 and what happens with 48.5k which are there ? can you just withdraw them in ATM ? or what do you have to do ? I tried contacting several Romanian accountants but they are very lazy in replying. Does anyone have...