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    Estonia e residency

    Basically pointless these days. The main (only?) advantage of it used to be the ability to register an Estonian company online, but as the banking options for EE entities that have no economic substance in Estonia have disappeared, you're basically in the same boat as you'd be with a BVI or...
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    sᴋʀɪʟʟ ᴀᴄᴄᴏᴜɴᴛ ᴄʟᴏsᴇᴅ ᴡɪᴛʜᴏᴜᴛ ᴀɴy ʀᴇᴀsᴏɴ

    That seems to be their modus operandi. I had mine closed a few years ago, after I had used Skrill for over a decade from time to time. Amounts were never large and not even remotely suspicious, but at one point someone (probably a computer) decided my account was too risky. Ever since, I got...
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    Flippa SCAMMERS!

    I'm not sure if that's because I'm not logged on, but it doesn't seem that the seller is claiming anything? Either way, one can ask whatever they feel like, regardless of whether it's realistic or not. I can list my old socks on eBay for $500. The market would react by not placing any bids...
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    Questions about LLC + Bank Account for Stripe

    Okay so this isn't going to be what you want to hear, but it is what you need to hear. Firstly, registering an LLC is the least of your worries. Pick a state (Wyoming and Delaware are the most popular ones for various reasons), Google for an agent (I've used Incfile but there are literally...
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    Tax Residency. How to prove it?

    And utterly and completely flawed advice like what you see above is the very reason why you NEVER go to a public forum for something as important as tax advice. Do yourself a favor and speak to a tax attorney, who knows the actual tax laws of both your country of residence, as well as the...
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    GDPR and bank accs

    That's a good question, but one that doesn't have a clear cut answer. Here's an article I've found that talks about pretty much that - https://www.afme.eu/en/news/views-from-afme/does-the-gdpr-conflict-with-banking-regulation/. But all in all, the one thing to bear in mind is that the relative...
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    How can I open a bank account in europe without me being a european?

    I second the suggestions of Transferwise and Revolut - both have been good for me. But be prepared to answer questions / prove your source of funds as soon as your total incoming payments hit 50-100k. Estonian e-residency is going through tough times right now. Getting a bank account is painful...
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    Want to get a virtual US Metropolitan Commercial Bank account from outside US.

    Why not just hop over to the States and get a proper bank account? Surely, if you're so desperate for the account then spending a few days and a few k on a quick trip wouldn't be a major issue, regardless of where you're based.
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    Tax-free for foreign owners of a US LLC?

    Correct. The reason why this is happening is that a single member LLC is considered what's called a pass-through entity. This means that the profits of such company aren't taxed on the company level, but rather on an individual level. For a US resident, this just means that they need to report...
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    Flippa Upgrades : The Due Diligence Team

    I actually sold Centurica already years ago, so can't help there unfortunately.
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    Declare earning from ads

    It's pretty bad / risky to try and hide your income in hopes that your tax man never finds out. But it's 1,000x worse to come to a public forum and post about it, as whenever you do get involved in an investigation this is an additional piece of proof that your tax authority will be very...
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    How to open up an offshore bank account that I can use in the UK?

    International tax planning is an incredibly complex topic and I would never advise making any decisions without speaking to a tax attorney - or rather - several tax attorneys, one in every country that is involved in your structure, but overall there are a few initial points to bear in mind: 1)...
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    E-residency in Estonia [Question]

    It depends on his country of residence. Some countries (UK, most of Western Europe) tax their residents on their worldwide income, in which case it would be so. Others (Hong Kong, Malaysia, Costa Rica, many Eastern European countries) only tax income that originates from that same country...
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    E-residency in Estonia [Question]

    Yeah, the 0% income tax on reinvested profits is a nice and fairly unique thing. ALTHOGUH, as of this year, Latvia has actually switched to the same model (but their dividend tax is smaller than Estonia's), and we also have Georgia (where I am now, ironically) that has the same model, but the...
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    E-residency in Estonia [Question]

    Nice one! When it comes to bank account eligibility, a lot will depend whether the 12 hours is towards the East or the West ;) I'd also recommend you to ring up the smaller / lesser known banks like LHV. Large ones (Swedbank, SEB) are less likely to play ball with you. For your monthly...
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    E-residency in Estonia [Question]

    I happen to be someone who's originally from Estonia so whilst I haven't lived there for quite some time, I do know a thing or two about the taxation, as well as the e-residency program. In general, there are a few quite important things that are noteworthy and relevant: 1) The first hurdle...
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    Open a Business bank account for UK company

    For what it's worth (to anyone else who stumbles upon this thread later), there are a bunch of new "challenger banks" around, most of which have more relaxed due diligence requirements than traditional high street banks. Most of them only do accounts for individuals but there are some (e.g...
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    U.K. Business Accounts - Recommendation?

    Most high street banks are largely the same to be honest. But the majority offer good deals for the first year, so if you don't mind switching often, you can literally go from bank to bank each year and pay pretty much no fees. Personally, I can't be bothered with it so I've stuck with HSBC and...
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    [WTH] Part time sales assistant - US-based - 1 hour a day

    Hey, I'm looking to hire a part time sales assistant who would help us (a young startup) qualify our incoming leads. The process looks something like this: 1) A lead comes in, in the form of a demo request. 2) You will call the lead within 1 hour (during US business hours) to qualify them...
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    Does Super Seller Tag in Flippa hold any weight?

    Someone being a 'Super Seller' doesn't mean much other than that they have a 100% positive feedback (or close) and that they've been around for a while and completed a certain number of transactions. In fact, for someone looking to buy decent, revenue-generating properties, the seller being a...
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