Reselling business

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billthefrog

New member
So I've recently been sourcing used electronics from local marketplaces, hiring someone to fix them up and reselling in bulk to multiple companies.
The companies recently sent me a documents saying they cannot accept bigger quantities from private person anymore.
What would be best way to accept payment as a company as recently volume has increased to 30-40k per month and I will have to open a company.
I am also projecting that the volume will grow to 100k within next few months.
I am located in europe, how could I accept the payments with paying minimal tax.
 

johndunham

Active Member
The best way to receive payments in a normal country? Get a bank account.
Minimal tax is a whole different story. Is everything (buying, fixing, selling) done within the EU?
 

lostguy

Mentor Group Gold
Either Relocate, or pay the tax required. Otherwise go the underground way and check mentor group gold - it's worth it if you want to reduce taxes to a minimal.
 

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