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by ExpertAdvisor016 hours ago |
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upvoteby f6v5 hours ago|
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> The optimal solution is just to leave Germany

Just go to one of them Baltic states. They actually have a functioning electronic ids and other necessary infrastructure.

There’s no reason to live in Germany if you’re working with international clients.

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upvoteby ExpertAdvisor015 hours ago|
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Malta and Cyprus offer much better quality of life and also significantly less taxes .

Also Polands IP Box(5% tax rate) regime can be very interesting to software engineers right across the border.

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upvoteby fakedang6 hours ago|
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Can't you just incorporate a Wyoming LLC (zero corporate tax + federal tax because you're non-resident in the US) then just open a Wise account?

Wyoming LLC gives passthrough taxation, and because you're in Germany, you'll be subject to German corporate and personal taxes alone, I presume?

Edit: changed from just personal tax to personal+corporate

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upvoteby ExpertAdvisor015 hours ago|
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What should the US LLC do ? It will end up being treated like a GMBH in Germany (keyword : Typenvergleich ) and you will have to do all the bureaucracy in the us + Germany and end up paying the same taxes
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upvoteby fakedang5 hours ago|
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The point I thought was a plus was that you'd be paying German taxes without all the German bureaucracy? Because there's definitely no bureaucracy for a Wyoming LLC except for a couple of IRS forms annually.
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upvoteby ExpertAdvisor014 hours ago|
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Unfortunately it doesn't work like that. You are just adding us bureaucracy+ dual accounting (euro/USD) to German bureaucracy where nothing changes .
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upvoteby fakedang2 hours ago|
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My point is that US bureaucracy is very minimal - like I said, just need to submit a couple of forms to the IRS as a foreign-owned LLC.
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upvoteby r_lee4 hours ago|
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from what I know this is very much possible, you can also use tax treaties to transfer taxation to Germany.

e.g. Irish Ltd that is a resident in Germany

you won't have to bother with the naming problems etc. either

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upvoteby eagleal5 hours ago|
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Do not know Germany's specific tax code, but in most EU countries should a control fire up it would result in tax evasion (not even tax avoidance), as in this case Germany can easily demonstrate the center of control is in fact in Germany.

Especially as you will have to file tax forms and disclosures for your salary.

You guys might want to take a consultation with a proper accountant/tax advisor for these setups.

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upvoteby petesergeant6 hours ago|
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Finanzamt may well decide this is a German company in the cunning disguise of a cowboy hat, and charge it German corporate tax
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upvoteby fakedang2 hours ago|
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Which is still fine imo. My idea was not about skipping German corporate or personal taxes - it was about skipping German bureaucracy.
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upvoteby petesergeant2 hours ago|
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> it was about skipping German bureaucracy

By creating a company that requires a special filing status to the German tax office?

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upvoteby fakedang34 minutes ago|
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Ouch, is that painful too? Damn.
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upvoteby barrenko6 hours ago|
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Bookmarking for my personal posterity.
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