A bit lost... someone can help me :)

[wachu]

Hello,

I'm a french guy. So i pay high taxes

I currently have two kind of income :

1/ Selling online formation / ebook with stripe / paypal.

2/ Selling physical product with amazon FBA.

With those two income stream i earn ~6K/7k/month

I'm looking for an idea to avoid some taxes

Someone have a little advice to help me =)

Thank you for your time !

 

[Internationaloff]

Hello,

I'm a french guy. So i pay high taxes

I currently have two kind of income :

1/ Selling online formation / ebook with stripe / paypal.

2/ Selling physical product with amazon FBA.

With those two income stream i earn ~6K/7k/month

I'm looking for an idea to avoid some taxes

Someone have a little advice to help me =)

Thank you for your time !

Hi.
1. Why not an offshore company + EMI account + 2CO?

 

[JohnLocke]

Welcome aboard

The amount you make per months can not rectify the setup costs for a Cyprus company which is one of the jurisdictions you can use for PayPal and stripe.

If you are able to use a service like 2checkout for your payments you could use a Belize company for instant with darks

 

[wachu]

Whoa that fast answers !

@Internationaloff : any advice for a country for the company ? And sorry about that but... what is emi ?

@Admin : I would prefer to keep stripe if possible. The price for a Cyprus company is really more expensive that a Belize one ?

Thank you

 

[Internationaloff]

Whoa that fast answers !

@Internationaloff : any advice for a country for the company ? And sorry about that but... what is emi ?

@Admin : I would prefer to keep stripe if possible. The price for a Cyprus company is really more expensive that a Belize one ?

Thank you

St. Kitts and Nevis, St. Vincent and Grenadines, Belize, Dominica and Seychelles. EMI is for example Leupay, Worldcore, AdvanceCash, etc...

 

[wachu]

Ok so basically an EMi is a kind of an online bank ?

I read that Nevis and some other have signed up and are going to implement AEOI.
Is it still safe to open a company there ?

 

[Internationaloff]

Ok so basically an EMi is a kind of an online bank ?

I read that Nevis and some other have signed up and are going to implement AEOI.
Is it still safe to open a company there ?

AEOI is between the bank and the Tax Authority and not between Registry and Tax Authority.

 

[MoneyMiner]

But the service providers or the countries where the company is registered also report now! an agent told me that!

 

[Internationaloff]

But the service providers or the countries where the company is registered also report now! an agent told me that!

No, because for example in St. Kitts and Nevis (and other jurisdictions) there is NO public registry. No panic, read CRS.
The Registered Agent will report only if you are a criminal (terrorism, drug traffic, child pornography, money laundering, etc.).

 

[Internationaloff]

I repeat it again.
The AEOI is between Bank and Tax Authority and not between Registry (when it's NO public) and Tax Authority.
No panic and read CRS.

 

[lavel]

Hello,

I'm a french guy. So i pay high taxes

I currently have two kind of income :

1/ Selling online formation / ebook with stripe / paypal.

2/ Selling physical product with amazon FBA.

With those two income stream i earn ~6K/7k/month

I'm looking for an idea to avoid some taxes

Someone have a little advice to help me =)

Thank you for your time !

Did you sort it out with any offshore jurisdiction? also what are you into, darks, legal setup?

 

[maxmoney]

Wonder what path you choose? I'm ready to go for a Cyprus company with 1/2 darks for verification purpose only!

 

[bountymounty]

Hello,

I'm a french guy. So i pay high taxes

I currently have two kind of income :

1/ Selling online formation / ebook with stripe / paypal.

2/ Selling physical product with amazon FBA.

With those two income stream i earn ~6K/7k/month

I'm looking for an idea to avoid some taxes

Someone have a little advice to help me =)

Thank you for your time !

Belize company, leupay or advcash account (EMI) and 2checkout to get payment processing. You may even consider to go for a business paypal with darks.

 

[negon]

Belize company, leupay or advcash account (EMI) and 2checkout to get payment processing. You may even consider to go for a business paypal with darks.

Agree pretty simple setup that works.

 

[syn]

Belize company, leupay or advcash account (EMI) and 2checkout to get payment processing. You may even consider to go for a business paypal with darks.

Have you setup this yourself?

 

[bountymounty]

Yes I have not less than 3 setup's like this running. Making me money each day!

 

[happyjohn]

Yes I have not less than 3 setup's like this running. Making me money each day!

second that

OP what did you figure out, how will you proceed with your company setup?

 

[sirjones]

Ok so basically an EMi is a kind of an online bank ?

I read that Nevis and some other have signed up and are going to implement AEOI.
Is it still safe to open a company there ?

use fake documents for your setup and avoid to worry about AEOI

 

[Starlights]

again will amazon allow you have a bank account (EMI) in another country then the country you company are setup....i do not think so but i not sure....

i suggest for you amazon business use USA LLC and Payoneer as bank account if you use amazon i have same issues when i sell apps at google play store...need bank in same country as you business ....

 

[thinkat]

again will amazon allow you have a bank account (EMI) in another country then the country you company are setup....i do not think so but i not sure....

i suggest for you amazon business use USA LLC and Payoneer as bank account if you use amazon i have same issues when i sell apps at google play store...need bank in same country as you business ....

If bank account should be in the same country like company is not hard to setup.