Most likely and actually are two different things.
Most likely and actually are two different things.So you do live in Ivory Coast? Then there most likely is a PE, as I mentioned in my first comment. But I guess they don’t really care about enforcing their own tax code.
I also still don’t understand why you’re so interested in changing your citizenship. For Americans it absolutely makes sense, but India doesn’t seem so bad tax-wise?
You should start something like a UK company. You would pay out salary or fees to the workers and to yourself, and the UK company is tax resident in the UK by default so you can get a tax resident certificate (not sure how easy it is to actually get a tax residence certificate). Maybe the client won't require that for a UK company.Work will be carried out by digital nomads from different countries who will be paid as consultants. So Place of work being performed will keep changing at the backend however just to show we can add an office in seychelles ,vanuatu or uae or Georgia( Georgian vze) to show where exactly offshoring is happening if place of work performed is some kind of an issue.
Also US substantial presence test doesnt apply as I am an Indian.
Andrew Henderson is an idiot. Certainly not someone I’d want to take advice from.
Yes absolutely agree with you on this.Be a little classier than that, and say what you did not like.
He's a middleman and a marketer, not a lawyer. His free advice may be a bit generic, but he's certainly not an idiot. Without any value to add, he'd be out of business yesterday.
Chucking the Indian citizenship is the best solution as I have deduced.Wow. Finally I found another Indian who face the same s**t I face.
I have a UAE Freezone company and was living in SE Asia.
Now with the new laws by modi govt. I am f***d.
Looking at finding alternate solutions for tax free life.
Did you resolve your issue brother?
Chucking the Indian citizenship is the best solution as I have deduced.
If not the citizenship atleast you need to be resident in another country.
It is still a work in progress for me.
But that is goung to be taxed in the USA so whatever you gain you again lose isnt it?Maybe a tax free state in rhe US might wtill be an option.Maybe next year- this is the year of corona.Have you considered opening USA LLC and bank account as USA don't report back earnings to India?
thinking that might be a temporary solution till I get a Vanuatu or carribean citizenship
NoBut that is goung to be taxed in the USA so whatever you gain you again lose isnt it?Maybe a tax free state in rhe US might wtill be an option.Maybe next year- this is the year of corona.
Next year we will probably haveNo
Unless you have economic substance in usa, that won't be taxed. (That's what I understood)
Do you have employees or offices in usa? if no then there is no tax payable in usa.
If you are into consulting we can collaborate maybeOkay , with employees in USA this wont work.
I got this pdf from a website some time ago.
Explains the process.
I have 0 employees in US and plans to maintain it that way. So thats my plan till I exit India.
Hope you find solution for your issue soon too.
All the best brother.
If you are into consulting we can collaborate maybe
But a UTR isn’t a tax residency certificate, is it? It’s more like a company ID, isn’t it? It doesn’t confirm that the company is tax resident in the UK? Much like an EIN or ITIN only is an ID the IRS assigns you, so you can fulfill your filing requirements, but it doesn’t mean you or your company are a US tax resident.
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