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.

Not a book but this is a good resource https://www.enterpriseready.io/#features

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

We use a combination of Heap.io + Redash for writing queries/building custom dashboards of events from our database.

We use Heap for the auto-tracking and the retroactive analysis. It's miles ahead of its competitors (Mixpanel, Amplitude, etc).

You're a freelancer though.. why would you expect government support or benefits when you're not an employee? That's all part of risk in being self-employed and why you must charge a lot more to safeguard you. I would focus on the lessons from your experience - don't get so invested and make sure your rates are high enough.

Is moving to Switzerland or Dublin an option? Or do what I did and find a remote job with a US company and endure the timezones.

It's not illegal to work for one company. I assume you mean Scheinselbstständigkeit. I've been doing it for 6 years and an accountant here in Berlin handles all my taxes.

My salary is $160k USD and I live in Berlin. I work remotely for an early-stage startup in SF. I still earn less than what I would if I was in SF but obviously it's amazing from a DE stand-point.

My previous job was a German company based here in Berlin and I was on 100k EUR (as Head of Product). Any Enterprise B2B SaaS is where I'd recommend looking tbh.

Why don’t they want to hire contractors? That is what they have to do. You also need to be registered as a business (sole trader at least) in Canada. You don’t need to physically go to California though.

Considering the low taxes and inexpensive cost of living, it's probably not the worst idea in the world to keep your company there.

It sounds like you personally should travel some place else and work remotely. Every company is working remote now anyway and you can always return to your team for short trips.

He wants to get into tech in general. This is a great idea though, thanks for suggesting it!

As a UI/UX designer, I personally look to Dribbble for this. You can search for "Team" and see the designs. Most of the large, popular SaaS companies are active on there.

I try to avoid estimates; they're inaccurate anyway.

This is a great video to watch: https://www.youtube.com/watch?v=QVBlnCTu9Ms

Somewhat random suggestions to follow but I've been researching this a lot myself. I'm personally looking for an EU country with a low corporate tax rate and zero capital gains tax (for early retirement). I've narrowed that down to Cyprus, Switzerland, Georgia, Portugal and Poland.

Switzerland is probably the winner but it is much higher COL (though you can get San Francisco salary there for a much better quality of life).

I actually currently live in Berlin now and I have to admit that the more I research, the more I find that Germany isn't so bad of an option at all. If you want children/family in the future, Germany has much better benefits than Switzerland.

I‘m working for 2 companies atm where one uses Jira and one uses Linear.

Doing anything in Jira / confluence is really slow. It’s a nightmare to navigate and it seems like every time I click on anything, it takes 2-3 seconds to load.

It’s really hard to explain but I guarantee you that if you tried linear out, you’d “get it”.

Diabetes II can also be “cured” by a high carb low fat diet. Not all carbs are equal; the problem is refined carbs.

Where are your clients based mostly? What hours do you work in Thailand?

Would you be open to chatting to me as a mentor?