I'm thinking to diversify my source of income by setting up an US dropship business where both suppliers and customers will be in USA.
I've now a Portuguese NHR residency status.
If product stores and customers are both on the US territory, is it legit for me conducting such business through a Delaware company ?
I'll double check with a local tax consultant of course but I'm just looking for some feedback first.
What're the applied taxes apart the federal 8.7% deduction ?
I might just use my Madeira freezone company to do it easier where I'll pay 5% tax but I'll be probably required to include in my prices the local 22% VAT (for private customers) I'm afraid for a total taxation of 27%
I need to know if I'll save something in case Portugal should accept to let me conduct the whole business through a Delaware company where such activity will be justified by the fact to have both stores and customers on the same territory.
What do you think ? Thanks in advance for your advice.
I've now a Portuguese NHR residency status.
If product stores and customers are both on the US territory, is it legit for me conducting such business through a Delaware company ?
I'll double check with a local tax consultant of course but I'm just looking for some feedback first.
What're the applied taxes apart the federal 8.7% deduction ?
I might just use my Madeira freezone company to do it easier where I'll pay 5% tax but I'll be probably required to include in my prices the local 22% VAT (for private customers) I'm afraid for a total taxation of 27%
I need to know if I'll save something in case Portugal should accept to let me conduct the whole business through a Delaware company where such activity will be justified by the fact to have both stores and customers on the same territory.
What do you think ? Thanks in advance for your advice.