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Thanks for the response! Yeah you pay more to start up the company but you should save a lot more money from tax vs the UK if you're earning past a certain amount

Thanks for the detailed reply, very helpful. Ive been advised airwallax is great for HK banking. As for the downsides (tt ads, open AI, etc) - could be worth keeping my UK LTD around to handle this sort of stuff and invoice a HK LTD. Ive heard Dubai is good but requires residency and I don't...

Can you not get wise and stripe with your WY LLC? Regarding opening banks in different countries, is this legal? Might be a dumb question, but you can open a HK business, and have the business bank account in a different country? Will look into CITI BANK GOLD thank you!

What VAT registration issues are there? I thought you can just sign up to pay VAT as a foreign entity? RE payment processors and FB being stricter with HK, I suspected this so thanks for confirming - definitely something to consider

Sorry brotha, been a long day. I have not heard of mercury shutting people down for this before? Do you think showing a few orders going to US customers would be valid proof?

No, you definitely have to pay tax on any income you receive from your LLC. But not any money your LLC makes. E.g. can make 100k in your LLC, pay yourself 20k and you only pay UK tax on that as its your income

UK Yes I read your post From my understanding most countries, yes you pay income tax on any income - pretty standard unless you're saying some countries disallow/charge extra for receiving money via pass through entities? Thanks for the detailed reply man. How comes you still have your HK...

By any chance, was your HK provider Osome? Also do you still use both HK LTD and Wyoming LLC? If so why do you still use both?

Thanks, do you recommend a service like Clemta/Doola/FirstBase?

How is a UK LTD a good option? I have this now, 25% corp tax, 8-33% dividend income tax. Wyoming LLC would be 0% corp tax and 20-40% income tax. Genuine question

Hello all, long time lurker here. What is the best business and tax structure for an e-commerce store (shopify payments are payment processing) where most of your customers are based in the EU (75% UK, 25% USA/Canada)? I've read a lot of old threads and spoke to various people. Some say Hong...