I'm planning to use a corporation to work as a freelancer in Southeast Asia for the next 3-5 years. I'm earning good money (~$200k-250k yearly), but my goal is to invest the money and to put the money away for retirement while deferring taxation.
Many accountants will charge $200 monthly and I am not sure I want to keep using the company for more than a few years. I would like to keep the corporation open so I can use the money to invest in stocks, withdraw it 20 years in the future to pay tax over it then, so I can use the money for my retirement.
I don't like tying myself down as I like my freedom. It's already hard enough to change accountants while staying in the same country. I might stop the freelancing in a few years and do sometimes else.
Any tips to avoid the high upkeep costs?
Many accountants will charge $200 monthly and I am not sure I want to keep using the company for more than a few years. I would like to keep the corporation open so I can use the money to invest in stocks, withdraw it 20 years in the future to pay tax over it then, so I can use the money for my retirement.
I don't like tying myself down as I like my freedom. It's already hard enough to change accountants while staying in the same country. I might stop the freelancing in a few years and do sometimes else.
Any tips to avoid the high upkeep costs?
