You are correct! (I think)
I mistakenly assume that people have the same thought process as I, where my aim is just to stack cash somewhere with no real desire to buy mansions and sports cars, and being a permanent expat makes the process easy.
My problem is not making money, is the taxes
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You are correct! (I think)
I mistakenly assume that people have the same thought process as I, where my aim is just to stack cash somewhere with no real desire to buy mansions and sports cars, and being a permanent expat makes the process easy.
Shows how smart some of you guys are to make such comments. Of course I'm trying to impress you guys lol. Who the fuck you think you are, to impress you?
bluechina: no it's not excuses, it's my view on it.
Anyway, for those reading that need a little bit of help. You can setup a company in a place where taxes are low and hire you there as a CEO or whatever, so you can have a salary. Make it look real so you don't have a 10k salary and driving a lambo. Don't be afraid to pay taxes too, it's part of the business but look to pay as less as possible. Legally of course. Don't pay more than you have to. With the setup above you'll pay taxes on your salary and the rest of the money will be in the company business account, from where you can deduct a lot of things.
That's my clue on it so far, do your research and read a lot and filter the info you find.
And for the rest of you who make retarded comments, just fuck off because really I couldn't care less. I don't try to impress anyone and I also don't have anything to sell and I don't intend to (because I'm tired of selling services to clients). 99% of this forum is broke or doing biz on such a low level, so what the fuck I was expecting.
bluechina: no it's not excuses, it's my view on it.
Anyway, for those reading that need a little bit of help. You can setup a company in a place where taxes are low and hire you there as a CEO or whatever, so you can have a salary. Make it look real so you don't have a 10k salary and driving a lambo. Don't be afraid to pay taxes too, it's part of the business but look to pay as less as possible. Legally of course. Don't pay more than you have to. With the setup above you'll pay taxes on your salary and the rest of the money will be in the company business account, from where you can deduct a lot of things.
That's my clue on it so far, do your research and read a lot and filter the info you find.
And for the rest of you who make retarded comments, just fuck off because really I couldn't care less. I don't try to impress anyone and I also don't have anything to sell and I don't intend to (because I'm tired of selling services to clients). 99% of this forum is broke or doing biz on such a low level, so what the fuck I was expecting.
This was only mentioned about six separate times above.
Broke?!?! Excuse me, I'll have you know my rent is $300/month, and I pay it ALL BY MYSELF!
Yea, it seems I have over complicated it a little, just how I did when I learned about SEO.
Things aren't that complex, especially when you're interested to pay some taxes.
Yeah, except chances are, unless you live in a total shitfuck of a country, that'll be illegal tax evasion if you're controlling it from your own country. You know it's fairly likely that for your income, you'll be able to pay a pretty menial amount of tax without bothering with offshore setups or not reporting things, right?
See an accountant.
Almost all will give you a free initial hour long consultation.
Wah... my millions of dollars and property and fly ass cars aren't enough.
Send it to one of those Nigerian Princes, they'll hook you up big time
:disgust:
Bro, ever heard of a "virtual office"? I have an office on the prestigious 5th avenue in New York City for $25 a month. They receive my calls and forward my mail to my suburban home here in Canada. I could be banking in Papua New Guinea and my clients wouldn't know.
What I thought about is something like
As an example, I get a company in Dubai and I'll have Adsense to send the payments in the company bank account. I will be CEO with 30k$/month let's say and that's what I'll declare in my country, and I'll pay 30% or 40% taxes for that amount.
I don't mind paying 30% taxes for 30k$ but I mind for paying 30% on every mil $ I get.
In this way, I'll have 30k$ to live on every month and these money will all be declared while the rest of the money will sit in the company bank account, I'll make payments and deduct a lot of things from there.
This 30k$/month will also allow me to drive a lambo or live in a 2 mil$ home with no stress, because the tax guys will see I have a decent salary that affords me that kind of things.
Thanks for the help Joe.
Yea, what a shame. By the way, you hate Matt Cutts because you can't rank? Also, how sweet that Kiopa_Matt liked your post. Isn't Matt the guy that couldn't believe jstover that he made 1 mil$ selling SEO services on BHW.
How much are you making right now?
Offshore setups can be formed later if needed, but my guess is they're not at the moment. What country are you in?
So let me get this right. You're raking in the millions, and you just haven't quite figured out the basics of incorporating a company yet?
Fuck I hate liars.
So far your big plan is, "ohhh, so keep my money in a different country, and draw a salary. god damn, I'm so smart!". If you're raking in the millions, go get a proper tax lawyer and accountant.
Can someone help me -rep this guy so he can't get back to orange? And if a mod is feeling generous ban this waste of cum.
For anyone who feels the same, post a ban vote here:
http://www.wickedfire.com/shooting-shit/173517-official-ban-thread-let-hammer-fall-5.html
For anyone who feels the same, post a ban vote here:
http://www.wickedfire.com/shooting-shit/173517-official-ban-thread-let-hammer-fall-5.html
Step one is to leave your country and take residency somewhere like Cyprus or Malta (or Andorra, San Marino and more), which hardly tax foreign income. There are several countries around the world where this is the case. Then you register a company in another country. If you want to do legit biz and write invoices, then Singapore and Hong Kong are two of the easiest to set up and at the same time are very legit and no one will think it weird. Then the usual tax law is that you have to spend at least 180 days abroad to not be subject to local tax, but that is difficult to prove inside the EU if you're smart about it. Then you can lease your Lambo or Porsche in Germany perhaps through a German Mini-Gmbh shell company and drive it to your own Euro country.
Problem solved, that will be $1000 worth of tax planning advice, where do I send the invoice?
Problem solved, that will be $1000 worth of tax planning advice, where do I send the invoice?
