Payment prcessing and company formation

So i am searching for ideas around how i should structure a company and payment options. My hobby project which involves remotely programming engine ECU grew to 60 000€ anually. Located in EU and all my customers are EU based. Each customer pays 300-400€ for the service. Today most people pay by card to my German company but that results in 68% tax rate....

So i would need a company formation and payment processor where i can recieve and store/use the money without automatic information transfer to EU taxation authorities.

Germany is very strict - you have certain options but its basically not working if you can't a) relocate or b) find a real acting director for a company outside Germany.

Or well c) go full illegal mode and just buy a nominee company.

GermanCPA said:

Germany is very strict - you have certain options but its basically not working if you can't a) relocate or b) find a real acting director for a company outside Germany.

Or well c) go full illegal mode and just buy a nominee company.

Click to expand...

I cant relocate for now but i dont need the money so i have been thinking about starting a Romanian micro company which is taxed at 3% and the keep the money in the company long term and pay out the money when i can relocate in the future.

US llc works well

DrBosse said:

I cant relocate for now but i dont need the money so i have been thinking about starting a Romanian micro company which is taxed at 3% and the keep the money in the company long term and pay out the money when i can relocate in the future.

Click to expand...

The German finance authority will ask you why you are running this company in Romania and not in Germany and then will consider all income of the Romanian company as made in your personal name and ask you to pay the difference. You need a real Romanian (or from any other country) director and not a fake director.