Offshore company + Transferwise account

[copepe]

Hello everyone and congratulations on the forum.

I am a lawyer and I offer legal consulting services for foreigners, mainly North Americans and Mexicans. I want to expand my business and my forecast is to invoice 3,000 € to 5,000 € / month.

I would like to know what simple and cheapest off-shore structure you advise me. I have read that having an LLC in Delaware + Transferwise could be an option, but in my particular case this can be a problem because most of my clients are North American and, if I am not mistaken, it would force me to pay taxes there.

Any ideas?
Thanks a lot

 

[JohnLocke]

legal consulting services for foreigners,

really and you ask how to avoid taxes?

Welcome aboard anyway.

 

[copepe]

really and you ask how to avoid taxes?

Welcome aboard anyway.

Hehe.

I have notions about international taxation and taxes, but it is not my specialty. That's why I come here to learn

 

[Fulton Abraham Sanchez]

Hello everyone and congratulations on the forum.

I am a lawyer and I offer legal consulting services for foreigners, mainly North Americans and Mexicans. I want to expand my business and my forecast is to invoice 3,000 € to 5,000 € / month.

I would like to know what simple and cheapest off-shore structure you advise me. I have read that having an LLC in Delaware + Transferwise could be an option, but in my particular case this can be a problem because most of my clients are North American and, if I am not mistaken, it would force me to pay taxes there.

Any ideas?
Thanks a lot

Delaware is better than other jurisdictions if your account is located in USA. LLCs do not pay taxes if it is only one owner. The owner pays taxes personally and needs to apply for a tax ID personally to pay taxes. The profits of the company are reported personally and tax is paid.

 

[lory]

How does this works with foreign owned Delaware companies? US reports too to the EU!