seekingcharlie

Damn! I didn't know this, thank you!

I don’t understand what you are asking. How are you going to live in Thailand without bringing income into Thailand?

The quote from the revenue department is clear - you will need to pay personal income tax in Thailand since you’re resident there. “Sourced” most of the time means where you do the work, which will presumably be in Thailand for you.

If you set up a company, you will need to pay both corporate tax (wherever you incorporate), plus personal tax on the dividends that you pay yourself with in Thailand.

You originally asked about the LLC, which was why I mentioned it specifically. With an LLC, you would be fully taxed in Thailand at the personal tax rate, because that’s how LLCs work (you don’t pay corporate tax with an LLC).

My advice would be to look into Cyprus and their non-dom program. You can get tax residency there with only spending 60 days per year. Create a Cyprus LTD and your tax rate would be 12.5% + 2.65% for social security. You don’t need to pay personal tax on dividends.

An LLC is a pass-through entity, which means you don't pay corporate tax but you pay personal tax on all profits. With an LLC, you can't pay yourself with dividends like a normal company, so it won't count as "foreign sourced income". This means that it's generally a bad solution for paying less tax, as personal tax rates are much higher than corporate.

You should look for countries with low corporate tax that don't tax on dividends.

They happened under Trump..

Weight loss isn't linear though.. your weight varies daily by sodium, water intake, ovulation cycle (for women), etc.

Why don't your designers use the product?

Depending on what you need it for, Airtable might work?

You can have a US co and still employ yourself legally in the UK. Check out remote.com et al.

> biological men temporarily identifying as female

That is a discussion of gender, not sex.

The vast majority of domain names are .com - it’s a fair assumption to make, isn’t it?

Move to Cyprus and work remotely.

English-speaking, Mediterranean weather, no tax on dividends, and a pretty good expat/international scene.

Deutsche Telekom’s OTC.

I believe they are saying that if “success” is measured by the sale, then logically, a successful sale would be one where the founder gets back everything they put in plus more. In this case, the founder didn’t - they sold at a loss.

I work for a German fintech who pays well and we're hiring. If you're interested, LMK where I can contact you