Our valued sponsor

Setup for subscription service, $300k monthly revenue

@juul2
whats the category/class of digital goods and current subscription base!!
 
If you are not willing to move, then it doesn't really make any sense. You are trying to save on a 19% corporate tax, but you would need incorporate somewhere with lower or no corporate tax. Create substance trough a real office and real employees with real salary. I dont see how it would be worth it. Cause you are quickly gonna have to spent 5-10k pounds a month to create substance somewhere else.
 
Last edited:
If you are not willing to move, then it doesn't really make any sense. You are trying to save on a 19% corporate tax, but you would need incorporate somewhere with lower or no corporate tax. Create substance trough a real office and real employees with real salary. I dont see how it would be worth it. Cause you are quickly gonna have to spent 5-10k pounds a month to create substance somewhere else.
His revenue is 300k USD per month. 19% corp tax means he's spending ~47k USD per month on taxes. Therefore spending 5-10k GBP per month on substance somewhere abroad is more than worth it.
 
  • Like
Reactions: Fboost
What are the digital goods? This will dictate where you can incorporate.
Like it has been explained above you will need to set up an office with actual workers doing real work.
As you are a digital based business you can employ people to push the social media and marketing. Plus some admin in the offshore office.
Spend a sensible amount if you want to save the majority of that £720K tax bill. Budget £100K
 

Latest Threads