Most of the digital nomad visas and other types of visas too require a certain minimal theshold in terms of income.
I own a company in UK. It, officially, doesn't generate enough of revenue or income because with some of my clients I work directly and unofficially - not via the company.
Yet I'll need the official income or revenue of my company to be of the curtain minimal amount.
If there a low risk, legal or semi-legal, way to inflate the numbers a bit? Let's say, up to $5k/mo, or $10k/mo at maximum.
The first thing that comes to mind: I'd find a person who I trust, give him, say, $5k-$10k/mo as an individual, and he then would, monthly, pretend to buy some consulting or software services from me. Thus he'd pay $10/mo to my company. Then I'd take out that money as dividents or salary, and then rinse and repeat it on monthly basis.
And, of course, I'd have to pay soome taxes, plus some comission to a person. Or, in case of LLP, I'd pay no taxes, if my current residency permits so.
Would that be a good way?
Are there better ones?
I own a company in UK. It, officially, doesn't generate enough of revenue or income because with some of my clients I work directly and unofficially - not via the company.
Yet I'll need the official income or revenue of my company to be of the curtain minimal amount.
If there a low risk, legal or semi-legal, way to inflate the numbers a bit? Let's say, up to $5k/mo, or $10k/mo at maximum.
The first thing that comes to mind: I'd find a person who I trust, give him, say, $5k-$10k/mo as an individual, and he then would, monthly, pretend to buy some consulting or software services from me. Thus he'd pay $10/mo to my company. Then I'd take out that money as dividents or salary, and then rinse and repeat it on monthly basis.
And, of course, I'd have to pay soome taxes, plus some comission to a person. Or, in case of LLP, I'd pay no taxes, if my current residency permits so.
Would that be a good way?
Are there better ones?
