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Recent content by 12345

  1. 12345

    For sale: handmade jewelry business

    you could mention if its eu or usa amazon
  2. 12345

    What tool can encrypt a laptop's data instantly when it's closed, and how do you set it up?

    get vera crypt its great and nobody can bypass that unless they know the password
  3. 12345

    Mentor Group Gold - AD Thread! I can help you to open a real US Corporate Bank Account for your US LLC remotely

    Yes it is not realistic to open us business bank account remotely as a foreigner. better to be careful here
  4. 12345

    Wyoming, Delaware or New Mexico, please tell me what's your choice?

    for the annual report (you report assets owned by the company) in Wyoming in case of foreign owned entity you can just fill empty raport and its okay I saw many entites do so. It's no big deal.
  5. 12345

    Why would you form a UAE company?

    it was needed to incorporate it to get a business visa in UAE right
  6. 12345

    Aussies ... Icelanders ... Is this true??

    Social credit score in China is wide spread fake news. No such thing exists.
  7. 12345

    List of Residencies obtainable without living in the country?

    Ah Dominica (offering CPI) and Dominican Republic are different countries But it's still worth it. What is the estimated cost to get it done in total ? Visa-free travel options are way worse than the Caribbean CPI programs, at least you get visa free entry to Russia smi(&%
  8. 12345

    Do I need to pay taxes in USA as european company

    Yes he is working only for the company. He's working as B2B, not employment Just one brand Selling directly I'm 100% sure its ECI at this point, did some research
  9. 12345

    Do I need to pay taxes in USA as european company

    Sure but first I wanted to ask on the forum USA Tax advisors tend to be so annoying, first charge a few hundred usd for short consultation then provide no clear answer at all
  10. 12345

    Do I need to pay taxes in USA as european company

    Yes i understand that physical sales agent = PE I am talking about completely different case No sales agent and no presense in the US Revenue from US customers is around 50% of total revenue of the company selling saas. Would it be liable for income tax in the us?
  11. 12345

    Do I need to pay taxes in USA as european company

    I read the tax treaty but this matter is not clarified I have one additional question. if there is european company that has around 50% of its customers from the us, is it liable for any income tax in the us ? Its saas developed in Europe. No employees, no PE, no presence in the US.
  12. 12345

    Do I need to pay taxes in USA as european company

    I just called IRS and they confirmed that in the case of hiring an american sales agent the income would be considered as Effectively Connected Income. 40 wait time on the phone but I got the information needed smi(&%
  13. 12345

    Do I need to pay taxes in USA as european company

    Hello, let's say an european company is selling Saas in USA and they hire american sales agent (B2B) to boost sales. Is it enough to trigger Effectively connected income and be liable for taxes in the US ? The company is selling SAAS in many different countries, not just the US Is hiring one...
  14. 12345

    Leveraging dual citizenship

    Okay, thanks, I see, it seems risky indeed and like a bad idea. I did not know that CRS is based on residency, So you would need to get an address in the Caribbean country and basically lie to the bank that you reside there. So getting a rent or owning a property in the caribbean would be an...
  15. 12345

    Leveraging dual citizenship

    So can I get Caribbean citizenship and open a bank account with it CRS will be reported to the caribbean country where there is often no income tax at all Home country will not be able to find out. I assume it's tax evasion ? How risky is it though, sounds like a good plan especially if someones...