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Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

news.ycombinator.com

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Re: Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

#11

Post by decentrality »

Wow I was just thinking about this, having a cup of coffee next to a creek out on the edges of town, after asking this:

https://news.ycombinator.com/item?id=8939426

Right now I'm in the United States and I'm forming a Nevada Series Limited Liability Company. I needed a Registered Agent to do that, but the question came up for me: how long do I need to be somewhere, and what kind of mailing address do I need, to not even need a Registered Agent?

Nevada has no State tax, but there's still Federal. I'll be watching this with interest on the tax piece... otherwise to me, in this country, it seems like Nevada is the way to go.

Re: Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

#12

Post by decentrality »

alltakendamned wrote: post #10

Register your company where there is no corporate tax, be a citizen of a country with no income tax. As to the how and what, I'm willing to learn myself.

Even then, if you do business in the US for example, unless you're 100% digital ( possibly even then ) you'd be a foreign corporation that'd need to register secondarily in that country, and vooala-- tax exception gone.

Unless someone has a way to prove that wrong?

Re: Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

#13

Post by silver1 »

alltakendamned wrote: post #10

Register your company where there is no corporate tax, be a citizen of a country with no income tax. As to the how and what, I'm willing to learn myself.

that's interesting because i was doing the same a while a go ... i dont remember which country but there was one where tax is zero and you dont even need to file a tax return every year! ...

Re: Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

#14

Post by silver1 »

decentrality wrote: post #11

Wow I was just thinking about this, having a cup of coffee next to a creek out on the edges of town, after asking this: https://news.ycombinator.com/item?id=8939426 Right now I'm in the United States and I'm forming a Nevada Series Limited Liability Company. I needed a Registered Agent to do that, but the question came up for me: how long do I need to be somewhere, and what kind of mailing address do I need, to not e…

Everybody talks about Delaware corp (as they've matured business laws) ..but very few knowt hat when it comes to taxes then Nevada and Wyoming are the best ....

however recently I've heard that if you're selling stuff on Amazon or any other e-commerce store then taxes are different depending upon where you're located ... and you may not even be eligible for selling in few states - I wish someone can explain this in a simple language ...?

Re: Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

#17

Post by charlesdm »

This depends highly on your country of citizenship, as well as country of residence.

Americans have it different than most others, because they are taxed globally.

A true 'digital nomad' without set residency somewhere might also encounter problems, because certain countries might challenge the tax treatment of certain transactions. (depends on if you're selling your own stuff, or doing consulting, for example)

Talk to a lawyer (or law firm), see legal500.com (-> tax) for some recommendations. A firm in the country you're currently residing in is a good starting point.

Re: Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

#19

Post by sixQuarks »

I believe the first $100,000 in income is not taxed if you live outside the US for at least 330 days out of the year. This is for federal tax. If you are registered in a state with no income tax, then you would pay zero tax on that first $100k.

Re: Ask HN: Where to Register a Company When Being a Traveling Digital Nomad?

#20

Post by armed_arms »

Interesting question! I'm also a "digital nomad". I'm French and, all my incomes are declared in France as an "auto-entrpreneur". But I don't have too since I live there less than 6 months a year. Last year, I stayed 3 months in France, 3 in China, 2 in Thailand, in Korea and in Indonesia. I was wondering if there was a country where I could open an entity with some advantages?
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