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Josef Strzibny

Josef Strzibny

@strzibny

Software engineer and an indie hacker. Made my first $100k revenue recently. See my books Deployment from Scratch and Kamal Handbook.
14
CZ
Joined February 2024
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Yeah, I think I would love to do the same. How did you researched it? Or did you hire some agency for that?

I haven't done extensive research on it because it's not relevant to me anymore. But one drawback I remember is that MOR's are always required to pay VAT, whereas if you'd take care of it through your own (smaller) business you might be exempt in some cases. So you'd end up paying more VAT.

There was some indie maker on Twitter with an axe to grind against MORs, but I forgot who. But he had a lot of interesting comments 😅

Sorry I know drawbacks about MoR, I plan to use Paddle. Just recently I was thinking of maybe establishing a company in Singapore and use plain Stripe... since I see many people go this direction.

Oh right. Yeah I would definitely check with your local tax advisor. You typically can’t simply incorporate in another country to minimize taxes while remain living and working in your current country.

I think you can register elsewhere just might need pay some taxes. I am not trying to pay 0% eu taxes I am trying to find a way from possible accounting hell :) You really moved out of EU?

Hmm I’m not sure it works that way. I really advice you to talk to tax advisor.

And yes I did give up my Dutch residency (not nationality). You’re required by law if you’re less than 183 days a year in the country.

Thanks! Can you share if you have a residency somewhere or not at all? Btw you can always own foreign companies, it would be a bit weird if you couldn't (from the point of my country preventing me owning something somewhere).

Oh interesting idea, thanks for sharing. Yeah it's a mess. We need this to be better in EU :( where are you based now?

I moved business operations to Singapore

Never heard of them, are they smth like Revolut?

It's a Bank specialized for businesses from France but I think they operate in all Europe. qonto.com/en

How do you bring all Stripe invoices to your accounting software?

Yes it's a weird advise. One visit from tax office and I am in big trouble for not paying VAT.

yeah, hell no, I wont risk either fuck that :-)

That's a very wrong thing to do. I am official VAT registered and payer. This could be very messy and costly.

personally, ramen = can keep going have to make sacrifices, freedom number = can keep going with regular lifestyle (albeit no savings), so little insentive to have a job, dream number = what you really want to aim for with savings and whatnot

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