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Don't like Brexit? We have a plan

transylvaniabeyond.com

51–52 of 52 posts

Re: Don't like Brexit? We have a plan

#51

UK is the second largest economy in Europe. That fact is not going to change just because they no longer count themselves in Europe. If transylvania is a good place to open an office, it is as good as it has already been. Brexit shouldn't influence anyone based in London to move to transylvania.

Did the UK fall below France? So third largest?

Re: Don't like Brexit? We have a plan

#52

Earlier quoted context omitted.

Interesting! I was wondering this, too. What happens when the income goes up? To, say, a million euro per year? Do you suddenly get hit with large, "European style" taxes (~40-60%)? Or is it fairly small like with microenterprises, just somewhat increasing as you go up?

If the income goes beyond 100k, you pay 16% tax on profit. Also, if you reinvest a part of the profit to acquire IT software or hardware you are saved from paying 16% of that investment.

Wow, that is totally reasonable. Actually incredibly cheap by European tax standards.
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