Consider yourself lucky and incorporate in the US. Do not, under any circumstances, even think about running a SaaS business from Europe. EU has made invoicing hell for small businesses, especially those selling SaaS. You will spend time on things like VAT number checking, verifying customer's country using their IP (yes, I know), several kinds of invoices, prices inclusive or exclusive of VAT, calculating VAT for ea…
Please can you provide a link on these constraints in EU? Thanks
Ask HN: Are there better countries to start my SaaS company for tax reasons?
51–60 of 77 posts
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#52You've had all the benefits of the country you're in: roads, schools, research universities that created the software industry, a foreign service that advocated for your right to sell globally. It's time to return part of the favour. (Also what everyone else said: it's premature optimisation)
Question: "Comcast sucks and is overpriced, are there any other internet providers that give me a better deal?" Answer: "You've had all the benefits of the internet, which you've already overpaid [1] for. Rather than switching to a better internet provider, it's time to return part of the favor." Spot the flaw in your comment yet? It's a generic non-response that applies to every possible service and ignores the fact…
As to your spotted flaws: firstly, it's obvious that people start their lives with 20+ years of being as net recipients of government transfers, and while the services you consumed may have been paid for at the time, those that paid them would now like their pensions, and a new generation of children need (apparently better) education.
It's unfortunate that three-year olds are not in a position to rationally choose to rather live in Somalia, and that they therefore become part of a social contract they never actually signed – but can you come up with a better arrangement? It's very similar with parents, btw.
Funny thing though: I just now notice that I've actually always shared your opinion, in that if you actually stop consuming government services, i. e. leave the country, I'e always taken for granted that you're henceforth taxed at your new residence (strange US rules nonewithstanding).
But Comcast example is obviously wrong because OP clearly intents to remain living in the US – i. e. using Comcast. And my arguments above actually make the case that you should pay severance and assume your share of the debt if you leave. But, considering the US is the prime beneficiary of smart 18-year old immigrants, it's probably in your interest not to change the SQ.
Oh, and only about 30% of the gov spending is in transfers, and most of that is SS and Medicare. While you could make the case that these lazy 80-year olds should stop sulking and get a job, some of them may protest and insist that they're just getting back what they paid into the system.
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#53Earlier quoted context omitted.
Question: "Comcast sucks and is overpriced, are there any other internet providers that give me a better deal?" Answer: "You've had all the benefits of the internet, which you've already overpaid [1] for. Rather than switching to a better internet provider, it's time to return part of the favor." Spot the flaw in your comment yet? It's a generic non-response that applies to every possible service and ignores the fact…
Your argument is quite dishonest, which is why those non-working 80-year olds living on the dole are starting to have trouble reading your grey text. As to your spotted flaws: firstly, it's obvious that people start their lives with 20+ years of being as net recipients of government transfers, and while the services you consumed may have been paid for at the time, those that paid them would now like their pensions, a…
Past purchases do not imply some moral obligation to make future purchases.
I'm really not sure what the rest of your rant is about - it's not really responsive to the point I'm making.
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#54Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#55Doesn't Ireland have a 6.5 % tax rate? Isn't that why all the companies like to incorporate there? http://www.forbes.com/sites/timworstall/2015/10/15/ireland-r...
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#56Earlier quoted context omitted.
Question: "Comcast sucks and is overpriced, are there any other internet providers that give me a better deal?" Answer: "You've had all the benefits of the internet, which you've already overpaid [1] for. Rather than switching to a better internet provider, it's time to return part of the favor." Spot the flaw in your comment yet? It's a generic non-response that applies to every possible service and ignores the fact…
Your argument is quite dishonest, which is why those non-working 80-year olds living on the dole are starting to have trouble reading your grey text. As to your spotted flaws: firstly, it's obvious that people start their lives with 20+ years of being as net recipients of government transfers, and while the services you consumed may have been paid for at the time, those that paid them would now like their pensions, a…
Stop spreading the nonsense that Govt is owner of the land. Its not. At best Govt/Army is protector of the land for which almost everyone happy to pay.
So no I dont have to go anywhere Its my land. The onus to figuaring out feasible payment method falls on the "mafia" or close the shop, IDGAF.
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#57Earlier quoted context omitted.
Please can you provide a link on these constraints in EU? Thanks
Search for "VAT MOSS", should be easy to find good resources.
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#58Earlier quoted context omitted.
Your argument is quite dishonest, which is why those non-working 80-year olds living on the dole are starting to have trouble reading your grey text. As to your spotted flaws: firstly, it's obvious that people start their lives with 20+ years of being as net recipients of government transfers, and while the services you consumed may have been paid for at the time, those that paid them would now like their pensions, a…
> in that if you actually stop consuming government services, i. e. leave the country Stop spreading the nonsense that Govt is owner of the land. Its not. At best Govt/Army is protector of the land for which almost everyone happy to pay. So no I dont have to go anywhere Its my land. The onus to figuaring out feasible payment method falls on the "mafia" or close the shop, IDGAF.
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#59If you work in the US, and most of your clients will be in the US, most tax agencies (and probably IRS, but I'm not sure) will effectively presume you're a US-based company. It doesn't matter if your company is registered somewhere else, they'll presume it as a US company. The same laws apply in most European countries. Why? Because otherwise all freelancers would simply register in the country with the lowest tax to…
Re: Ask HN: Are there better countries to start my SaaS company for tax reasons?
#60If you work in the US, and most of your clients will be in the US, most tax agencies (and probably IRS, but I'm not sure) will effectively presume you're a US-based company. It doesn't matter if your company is registered somewhere else, they'll presume it as a US company. The same laws apply in most European countries. Why? Because otherwise all freelancers would simply register in the country with the lowest tax to…
I'm always curious how people that have no personal tax residence deal with health care insurance? At least in Europe, many private health insurance plans for travelers have the prerequisite of being covered by the countries social security first.
You can also usually move back, become a resident again and get covered again.