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Online Sales..offshore or pay taxes etc?

tonybkt

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Mar 1, 2018
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HI, I am based in the EU and run several websites online selling IPTV and take around 15-20k a month through PayPal.

I originally thought I needed a bank account in a country like Cyprus with nominee and debit cards etc but really aren't sure

Would I be better paying taxes and going self employed in my own country?and declaring as VPS services etc like others do?


Is there any other solutions? I am willing to travel etc to open accounts or listen to any ideas as totally lost with this as it has grown faster than i thought

Thanks!
 
I guess you are already paying taxes on the money earned via paypal?

Paypal is a licensed bank in Luxembourg, they should have already reported your account to your tax authorities.

If you want to change your tax situation then move to a tax free or territorial tax country.
 
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If you want to change your tax situation then move to a tax free or territorial tax country.
I agree to this, you may consider a relocation to a low tax country.
 

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