Hey fellas,
I am a 20 year old guy, about to start working on a business ( more like a freelancer than a registeres company) and will be doing pretty well, roughly I will be making a minimum of €100k/month profit.
I have a couple of questions and I don't have anyone that I know give me a proper answer.
I am from Bosnia aswell.
1. What's the most efficient way for me to get paid? I wanna use PayPal since that's my only option in Bosnia, but I constantly see people getting their funds limited. How do I get paid as a freelancer most efficiently without having to stress about funds being limited?
2. Bosnia has a 10% income tax and that's it, no other bs progressive tax rates and s**t, so that's why I am looking to be a non-registered company and instead be a "freelancer". What should I do in order to keep paying only 10% income tax and also somehow manage to pay other people for some outsourced work if you feel what I am saying? Or is it possible to register a company somewhere with 0% profit rate and possibly open up a personal bank account to hold all the funds and paying 0% or similar to 10% in Bosnia?
3. If there is a possibility to have an "offshore company" that pays 0% tax on profits and a personal bank that can hold my funds with 0% or 10% income tax, how can I use that money around the world? Do those cards work everyhwere in the world, any atm. I know these questions might be stupid to some, but I am really trying to learn this game and do it right and safely.
4. How could I buy assets and liabilities without them being on my name or anybody of my family's name? Is there a way to have the offshore company own the car but the car being registered in Bosnia or however it would work?
I have many more questions, but that's it for now.
Thanks to everyone that shares some value, knowledge in advance.
I am a 20 year old guy, about to start working on a business ( more like a freelancer than a registeres company) and will be doing pretty well, roughly I will be making a minimum of €100k/month profit.
I have a couple of questions and I don't have anyone that I know give me a proper answer.
I am from Bosnia aswell.
1. What's the most efficient way for me to get paid? I wanna use PayPal since that's my only option in Bosnia, but I constantly see people getting their funds limited. How do I get paid as a freelancer most efficiently without having to stress about funds being limited?
2. Bosnia has a 10% income tax and that's it, no other bs progressive tax rates and s**t, so that's why I am looking to be a non-registered company and instead be a "freelancer". What should I do in order to keep paying only 10% income tax and also somehow manage to pay other people for some outsourced work if you feel what I am saying? Or is it possible to register a company somewhere with 0% profit rate and possibly open up a personal bank account to hold all the funds and paying 0% or similar to 10% in Bosnia?
3. If there is a possibility to have an "offshore company" that pays 0% tax on profits and a personal bank that can hold my funds with 0% or 10% income tax, how can I use that money around the world? Do those cards work everyhwere in the world, any atm. I know these questions might be stupid to some, but I am really trying to learn this game and do it right and safely.
4. How could I buy assets and liabilities without them being on my name or anybody of my family's name? Is there a way to have the offshore company own the car but the car being registered in Bosnia or however it would work?
I have many more questions, but that's it for now.
Thanks to everyone that shares some value, knowledge in advance.
