saas & taxes & boring stuff

Orozuz

Orozuz

Senior Member
Joined
Nov 21, 2020
Messages
832
Reaction score
494
hey. so after failing miserably in trying to find a payment processor for a saas that doesn't ask for ID, and having to consider just send my stuff to 2checkout and getting an account, i'm now stuck in the taxes part. i'm absolutely illiterate to everything related to taxes and accounting. i thought about just charging in crypto and forgetting about it but the reach would be so minimal, that i should just try with regular payment methods.

how does taxes for saas work? im located in southamerica (vat), but i plan to sell worldwide, so i have no clue to what i have to comply with or percentages or how to even pay those taxes. it's not a hassle for me because i'm against taxes, which i'm not, it's just that i have literally no clue how that works, even less so for a saas website.

in 2checkout or paypal, i'll create the account as individual/sole proprietor but still, i don't know if even not being a business, taxes apply.

i need like, legal advice, not ways to circumvent the taxes, btw
 
Advertise on BHW
Why not just use Paddle? https://www.blackhatworld.com/seo/anyone-using-paddle-com-payment-gateway.1118426/

Better still, basically learn how tax work.
 
crystalwiz said:
Why not just use Paddle? https://www.blackhatworld.com/seo/anyone-using-paddle-com-payment-gateway.1118426/

Better still, basically learn how tax work.
Click to expand...
so, I just signed up in paddle and looks great but there's a part asking for id verification and business verification. I don't have a business, it's just a website, and on the other hand, the id verification so i'm again at zero. I read your thread from 2019 "I have set up my Paddle account with zero document required." and maybe that changed now
 
ThunderProxies said:
There's no way you will find anyone that will offer you such service without KYC, forget about it.
Click to expand...
I know mate, that's why in my original post I said that I'd just send the info to 2checkout or maybe risk it with paypal (knowing they freeze accounts for nothing), and I was mostly focusing in some taxes guidance. I just had my hopes renewed because @crystalwiz mentioned paddle and his/her thread said that no verification was needed.
 
Orozuz said:
I know mate, that's why in my original post I said that I'd just send the info to 2checkout or maybe risk it with paypal (knowing they freeze accounts for nothing), and I was mostly focusing in some taxes guidance. I just had my hopes renewed because @crystalwiz mentioned paddle and his/her thread said that no verification was needed.
Click to expand...
Oh maybe things change now. Back then, it was only sign up as sole proprietorship or individual biz, very smooth. And I could accept Paypal payments without having a PayPal account.

May I know what documents they are asking for now?

Naughtyfatkid said:
Sometimes I forget about paddle. they specialize in saas and digital products payment processing right?

Cant help but notice your post was made in 2019. Did they ask for other documents throughout the years?
Click to expand...

Yes SaaS and downloadable digital products only.

It didn't require a single doc back in 2019. My product was merely an ebook and I made some sales using my blog. Good old days.
 
crystalwiz said:
Oh maybe things change now. Back then, it was only sign up as sole proprietorship or individual biz, very smooth. And I could accept Paypal payments without having a PayPal account.

May I know what documents they are asking for now?
Click to expand...
damn, too late for me then. They are asking for "domain approval" which is totally understandable, and then "business identification" and "identity verification", which would make it, nowadays, even harder to start with than paypal or 2checkout, as paddle now doesn't allow, to apply as individual/sole proprietor
 
Orozuz said:
damn, too late for me then. They are asking for "domain approval" which is totally understandable, and then "business identification" and "identity verification", which would make it, nowadays, even harder to start with than paypal or 2checkout, as paddle now doesn't allow, to apply as individual/sole proprietor
Click to expand...
Did you find a suitable payment gateway now?
 
Some tax advise for free:
  • If not wanting to be a criminal in the EU, on all sales to EU consumers you must charge VAT once you reached the 10,000 EUR EU threshold.
  • There is a high chance you don't have to charge VAT on customers from international customers (f.ex. US or Canada, except EU). You have to check with an accountant about your local laws.
  • Evade tax, do copyright infringements, do whatever, but don't fuck with VAT evasion.
  • With a company f. ex. in the UK or Cyprus you have easy access to payment processing. Combined with other locations, the tax can minimized.
 
Orozuz said:
hey. so after failing miserably in trying to find a payment processor for a saas that doesn't ask for ID, and having to consider just send my stuff to 2checkout and getting an account, i'm now stuck in the taxes part. i'm absolutely illiterate to everything related to taxes and accounting. i thought about just charging in crypto and forgetting about it but the reach would be so minimal, that i should just try with regular payment methods.

how does taxes for saas work? im located in southamerica (vat), but i plan to sell worldwide, so i have no clue to what i have to comply with or percentages or how to even pay those taxes. it's not a hassle for me because i'm against taxes, which i'm not, it's just that i have literally no clue how that works, even less so for a saas website.

in 2checkout or paypal, i'll create the account as individual/sole proprietor but still, i don't know if even not being a business, taxes apply.

i need like, legal advice, not ways to circumvent the taxes, btw
Click to expand...
If you cant afford an accountant, the money is not enough to do this sort of risky business in the first place.

Scale up first or move on.
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top