Btw why you guys so surprised on 10% percent rate? I invested in p2p fiat lending, when in EU it was -% rates, and it gave(with my conservative strategy) +10% APR. Now even EU banks gives 4-5% on USD. So high risk crtypto with 10% is kinda even low, no?
I want to express my gratitude for this forum and its community. Though I'm still on my journey toward financial independence, the discussions here and the diverse perspectives have profoundly shifted my worldview. A year ago, I was a typical EU citizen with a standard pension plan and some...
Thanks @wellington I indeed don't look for some tricky way, but instead legal way to do it, as tech company we won't be able operate under semi legal ways.
You gave me food for thought, maybe having bank accounts and company branches in Kazahstan/Georgia will help us.
Thanks for replies! Ok, got your points, I thought similar, but hoped that there could be some way around.
Asked since service like paysera, allows to send bank transfers to Belarus, and thought that there is maybe something similar to it but that combines bank transfers and crypto.
Hello,
I'm currently conducting research on developing a payment system. The goal is to enable the acceptance of payments from customers worldwide and also facilitate transfers to recipients, likewise located anywhere around the globe.
While setting up this system for countries that support...
Got it, I need it to be other format(not freelancer company) and in another country and it should have some other director(local) to make it work through EOR
Is it possible to do via US LLC?
@Cloudbanck thanks for detailed answer.
Do you think US LLC will be better than EU (Cyprus, Georgia (non EU but close)) or UAE company for time being in Argentina (and potentially working via EOR as @Don suggested)?
Sounds like a good plan @Don, thank you! At least my idea was not crazy :)
Can you recommend some countries for offshore? I thought of Uruguay, since it's nearby and can relocate there easy after, heard on this forum that Panama also could be an option.
Marzio is right, I'm not, aiming to obtain it, that's why won't be able to reside in tax free zone.
Also don't want to pay 140% taxes they have there, but ok to pay reasonable taxes on Monotributo(like micro business) (40k$ per year taxable income allowed there)
Part of freelancer or small business kinda OK for me (except ability to pay dividends and reporting every month)
Working as Monotribute from Argentina to Georgian company - this is still something I looking to figure out if it's possible. I will consult with the lawyer from there.
But overall...
Taxes in Georgia under small business statut will be 1%
Good point about director, that make sence to consider it. Then it will be 1% in Georgia and 11% in Argentina as contractor to Georgian company.
I plan to move to Argentina in few months, and will loose my EU residency.
In my head overall plan looked like that:
1. Some offshore like company (Georgia f.e.) which is used for all contact remote work
2. Some local Argentinian company that work on contract vase with it (here I pay local...
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