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Recent content by thawk

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    Lying about Volumes. How does Compliance work for Processors?

    Hello! I have a small problem since the payment processor is asking for the volume history of the last 6 months. The problem is that 3-6 months ago, we had revenue drops because of a few problems, but the current (and expected revenue in the future) is much higher. However, they require a...
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    Hello, you can contact me at [email protected]

    Hello, you can contact me at [email protected]
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    Want to get Approved by Checkout.com

    Hello! I run an e-commerce business based in Europe for several years now and my favorite payment processor has always been checkout.com because the biggest competitors are using them and it seems a good fit. I already tried to apply 2x times (one year ago and two years ago). Last year, they...
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    Question Structuring EU based Internet Business | VAT | 1M+ Revenue

    Thank you for your response (and the other responses). I know that I can not evade the income taxes/ corporate taxes in my country without moving the effective management. My tax advisor told me the same. However, my goal was to evade VAT because I thought that the Dubai company would not need...
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    Question Structuring EU based Internet Business | VAT | 1M+ Revenue

    Alright, thank you for the info. I just thought a "free zone company" is not obliged to collect VAT (like the duty-free shops in the airports). I actually don't really want to move to another EU country. I would have to live in a new country at least for half a year and I don't want to do that...
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    Question Structuring EU based Internet Business | VAT | 1M+ Revenue

    Hello, I already opened a thread some time ago as I had questions about indirect taxes. But, unfortunately, no one could help me. Facts: I'm doing 100% business through the internet (customers from all over the world, with 50%+ U.S. customers) 2021 Revenue: ~1 million EUR (revenue is...
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    Indirect taxes (digital global e-commerce) - Dubai free zone?

    Push. Would be happy to hear your opinion about the indirect taxes for digital, global e-commerce businesses.
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    Indirect taxes (digital global e-commerce) - Dubai free zone?

    Hello, I'm running multiple e-commerce stores selling digital services (no shipping, no inventory). Customers are from more than 50 countries (50% U.S.). I'm a registered sole trader in an EU country. I'm expecting about $1M gross revenue in 2021, and $1M+ in 2022. By far the biggest problem...