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How to avoid tax as a digital nomad
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Zolo Offline
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Malta
Post: #1
How to avoid tax as a digital nomad
I have bank accounts in multiple countries (including US) and a company in Ireland. I'm currently paying unnecessary tax in Malta for contract work and moving to billing them through a foreign company. I want to avoid/minimize taxes legally. 

Anybody have any suggestions or links?
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04-17-2017, 09:37 PM
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Hicks Offline
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Peru
Post: #2
RE: How to avoid tax as a digital nomad
Have a parent company incorporated in the British Virgin Isles (There are other options too, but I found BVI to be the best). It will cost close to €1k to set up but will pay for itself many times over. Make sure everything you do goes through this company.


...Or just don't declare and hope not to get caught.

BVI set up options:

http://gws-offshore.com/british-virgin-i...e-company/
04-18-2017, 12:50 AM
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Zolo Offline
El Capitan
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Post: #3
RE: How to avoid tax as a digital nomad
Thanks man!
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04-20-2017, 01:15 AM
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nomadphilippines Offline
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Post: #4
RE: How to avoid tax as a digital nomad
i give you 10 million dollars and you give me this little book
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04-20-2017, 12:45 PM
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XxSMIL3xX Offline
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Post: #5
RE: How to avoid tax as a digital nomad
The answer is not simple.
It depends where are you resident and where are you a tax residence.
In EU if you live in a country more than 183 days it becomes your taxation base.
So you pay taxes in this country for your global income.
You have to state in this country all of your income.From anywhere.
So if you have an income in country A which is your taxation base and an income in country b you have to pay
taxes in both A and B
and in A you have to also to pay taxes for the income in B except there is a deal between these 2 countries where country A should take out the taxes from country B.

I dont know if it is clear enough.

If you have an LTD you write all the income in there and you just keep the debit card.
You spend money via the debit as an agent of the LTD.
You say that the company sent you in Malta to search for any investment opportunities etc etc.
The money arent yours so you dont have to pay any taxes.
09-21-2017, 11:13 PM
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