I am currently running an offshore hosting business that generates a few thousand euros a month in profit.
Its not registered yet as a company. Due to the nature of my business, i want a jurisdiction with maximum privacy - Seychelles for example.
All payments are accepted in cryptocurrency, no bank is needed. I myself am based in the Netherlands.
What are the disadvantages of this? Since i am based in the Netherlands, does this not mean that i am liable for tax and VAT in the Netherlands?
How does one solve this issue?
Its not registered yet as a company. Due to the nature of my business, i want a jurisdiction with maximum privacy - Seychelles for example.
All payments are accepted in cryptocurrency, no bank is needed. I myself am based in the Netherlands.
What are the disadvantages of this? Since i am based in the Netherlands, does this not mean that i am liable for tax and VAT in the Netherlands?
How does one solve this issue?