LEETdude
Registered Member
- Jan 28, 2022
- 67
- 38
Do you pay TAXES or not ?
In theory in most of the countries every single online activity that generates income it is taxable and you should have a registered firm or be an authorized individual or just declare your revenue (depending on the country)
Now I am asking this because I recently relocated into a new country due to some family related issues. I barely speak the language fluidly and it is gonna be a pain in the ass to resolve the required documents to register as a individual that has an online activity + the costs are around 700$-1.000$ to set everything up and I just feel it is not worth it.
Currently I have no monetized activity but I am planning a long term project and realistically speaking Its not gonna be worth paying the 1k $ at least in the first year ) . I intend to sell the website after growing it and making some money from it.
So how do you guys handle the legal aspect of your online business ? Whatever it is CPA , SMM Panel, SEO Services etc How do you get paid ? And how do you not get in trouble ?
In theory in most of the countries every single online activity that generates income it is taxable and you should have a registered firm or be an authorized individual or just declare your revenue (depending on the country)
Now I am asking this because I recently relocated into a new country due to some family related issues. I barely speak the language fluidly and it is gonna be a pain in the ass to resolve the required documents to register as a individual that has an online activity + the costs are around 700$-1.000$ to set everything up and I just feel it is not worth it.
Currently I have no monetized activity but I am planning a long term project and realistically speaking Its not gonna be worth paying the 1k $ at least in the first year ) . I intend to sell the website after growing it and making some money from it.
So how do you guys handle the legal aspect of your online business ? Whatever it is CPA , SMM Panel, SEO Services etc How do you get paid ? And how do you not get in trouble ?
