Right now, I'm not optimising for taxes. I'm just looking for a solution to actually move the money from OF to the company. How can I do that? I thought I was good with Paxum Business. But it doesn't work.
Maybe it is great. But how do I bank properly ?
Local bank, Wise, Revolut shut us down.
OF refuses to pay to Paxum Business.
Cosmo pays in crypto but I need at least one business fiat bank account to pay taxes.
Tax rate is 16% and VAT is a nightmare. When I invoice the model's company, she has to pay VAT. Which she only getsback 3 months later. And by the end of the year, so much VAT is claimed back that it triggers a f*cking audit. I don't wanna deal with this shit every year.
Any developed country...
I think Payoneer is gonna be like the rest. Once they see how much we make, they will look into it and realise it's Fenix, OF, adult and shut us down. We are operating from Romania at the moment. But also wish to move. Tax rate is only interesting below 500K per year.
Opening the business account is not the issue.
It's either keeping it. Because once they see that we're making more than 100K a month, they look into us more deeply. New KYC, more questions, etc. Then they shut us down.
Or getting OF to accept the account. For example Paxum Business is...
Hello guys.
I'm doing OF with my girlfriend and we are challenged by the banks. Her page is making good money and we had to switch from personal banking to business. But it's killing us.
- All locals bank are refusing her company
- Wise worked for sometime but shut her down
- Revolut worked...
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