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by DyslexicAtheist
3790 days ago
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if privacy is an issue open up a Luxembourg SA (société anonyme). Compared to others Luxembourg has a good standing and no image problems combined with good banking privacy. You can sign contracts with anyone without being labelled as operating in a tax haven. Operating costs are more competitive than France. Most people speak 3 languages. Accountants & Lawyers are familiar with the law and tax code of their neighbours (France / Belgium / Germany). But if privacy is not a problem I'd always register where my clients are. If you want to do freelancing in Germany and invoice German clients with a UK Ltd then be prepared that it is more likely that the Finanzamt will knock on your door - and if they do they will be taking a very thorough look. |
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It's kind of on the second tier of tax havens. Cayman/Man/Channel Islands/BVI etc are the first: incorporating there is a dead giveaway of tax avoidance. Ireland on the other hand has a low tax rate and forgiving regulators but large enough to have genuine business operations there. Luxembourg is kind of in the middle.