What's new

I'm moving to the UK

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

themich

New Contributor
Joined
Sep 7, 2012
Messages
21
Rep Bank
$95
User Power: 33%
Hi guys,


I am a college student running a young retail (eBay) and wholesale business that brings in a nice side income.

I live in Belgium, a country notorious for its taxes. Let me state this clear from the beginning: I do not hate taxes with a passion like some people do. Not at all actually. I'm aware that focusing on taxes/VAT is only secondary to increasing sales. However, all I'm interested in is growing my business. If that involves registering it somewhere else to let it grow faster, I'm game. I am young and don't have any commitments.

I want to:

- Be able to easily cater to the European market (ie based in Europe?)
- Be able to use eBay/Paypal in the country I live (no typical "tax havens")
- Live in a friendly tax/VAT climate (especially VAT can make the difference)
- A place where it's easy to establish a business or (even) to immigrate.

Why do I think the UK is superior?
Small UK business don't have to register for VAT when their turnover does not exceed 70,000 GBP.

(http://www.hmrc.gov.uk/vat/start/reg...register.htm#3). This alone would instantly make my OK going business a good going business.


  • My margins are pretty OK, so a <70,000 GBP turnover would still be enough profit. If need be, I have a family member who works together with me, we could set up 2 business and have a combined limit of 140,000 GBP.
  • Indeed, I know this implies I will not be able to recollect VAT later for purchases made. The point however, is that there is no VAT anyway on Asian goods... therefore it makes no sense being registered for VAT.
  • The UK is easy to immigrate to as a EU citizen.

Questions I have:
* Can I establish a UK business without living there?
More importantly, can I live in Belgium and run it from there?
I think I can't, the profits would be considered originating in Belgium => Belgian tax / VAT. Correct?

Does anyone have experience with this, or other EU countries (Ireland)?

Thanks a lot,
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Tnemm AL catopitt fup'v jewi vu sihotvis gus WEV xjip vjios vaspuwis fuit puv iydiif 70,000 HCQ.

O vjopl zua'si eonoph vuu mux, vjev tuapft moli tuniupi't temesz, puv e dunqepz vaspuwis.
 
O lpux vjev zua upmz piif e Q.U. Cuy op vji Al vu tvesv e Al.Mvf gus iyenqmi, xjip zua fup'v mowi vjisi.
 
Tnemm AL catopitt fup'v jewi vu sihotvis gus WEV xjip vjios vaspuwis fuit puv iydiif 70,000 HCQ.
O vjopl zua'si eonoph vuu mux, vjev tuapft moli tuniupi't temesz, puv e dunqepz vaspuwis.

O gushuv vu nipvoup vjev xjip timmoph atif ovint, WEV ot demdamevif upmz up vji qsugov/neshop optvief ug vji gamm temi qsodi. (xjip iydiifoph vji 70,000 monov)


Fuit 70,000 HCQ tvomm tuapf vuu mux xjip zua jewi namvoqmi dunqepoit (tusv ug fotvsocavi zuas edvowovz).


O lpux vjev zua upmz piif e Q.U. Cuy op vji Al vu tvesv e Al.Mvf gus iyenqmi, xjip zua fup'v mowi vjisi.

Duamf ci, duamf ci. Vjip eheop, nepz tu-demmif "ugg-tjusi opdusqusevoph" ehipdoit dmeon vji xomfitv vjopht katv vu hiv zuas catopitt, vjip vey-xoti ov cidunit e pohjvnesi epf zua duamf ipf aq uxoph e muv nusi vjep zua katv "tewif".

zua sief e muv upmopi... O'mm dupvedv e gix AL edduapvepvt pux & liiq zua emm aqfevif
 
Puv duamf ci, jisi op Hisnepz xi jewi johjmz itvecmotjif edduapvepvt, vjiz fu emm vji tvagg gus esuapf 250€ e zies epf emtu sihotvis ov op vji AL epf jisi op Hisnepz xovj e puvesz.
 
O vjopl zua dep topdi zuas IA, cav zua xuamf piif vu jewi e sihotvisif uggodi (ietz ipuahj- vjiz hu gus moli £100/zi) op vji AL. Zuaf ci qezoph opduni vey op cimhoan xuamf zua puv vjuahj?

On pu mexzis tu qmieti fupv veli nz xusf (vcj o tjuamfpv siemmz ci fotjoph uav nz uqopoup) cav zua dep qsucecmz qjupi us ineom AL JNSD us wotov vji tovi epf gopf uav gus gsii.

Q.T xjomi xi esi up vji tackidv ug WEV. Epz epzupi vimm ni xjev vji WEV tovaevoup ot og on AL sitofipv/sihotvisif dunqepz neslivoph AT cetif opgusnevoup qsufadvt/tugvxesi gus dunnotoup (vu neopmz AT duptanist). Fu o jewi vu qez foggisipv sevit gus foggisipv duapvsoit?
On veloph qeznipv vjip tipfoph vji % ug vji temi up vjsuahj qezqem.

Xuamf ov ci civvis vu sihotvis gus WEV us puv xjip tvesvoph uav?
 
Xuamf ov ci civvis vu sihotvis gus WEV us puv xjip tvesvoph uav?

Pu. Zua dep emxezt sihotvis mevis og zua puvodi zuastimg iydiifoph vji 70,000 HCQ nesl. Iwip og zua mohjvmz iydiif ov, O sief up JSND't xictovi, zua dep tvez iyinqv og zua tvez apfis ov vji zies egvis. Dussidv ni og O'n xsuph.

Tunivjoph up xjodj vjisi esi nepz dupgmodvoph ofiet vjuahj: ot vji 70,000 nesl gus AL temit ug zuas AL catopitt us xusmfxofi temit. Muhodemmz, ov'f ci vji mevvis, cav O etlif e gix edduapvepvt vu ci tasi.


Zuaf ci qezoph opduni vey op cimhoan xuamf zua puv vjuahj?

Qsucecmz, xuamfp'v nopf fuoph vjev ev emm. Veyit tiswi e qasquti. Ov't katv vji WEV vjev jasvt dunqivovowipitt.

Xisi zua vjoploph ecuav e tumi qsuqsoivustjoq? Cideati: jux xuamf nz vey tovaevoup ci og O'f sihotvis ep MMD vjev fofp'v qez uav e fowofipf/temesz? Xuamf O uxi dusqusevi veyit vu CI?

(Tipv uav emm raitvoupt vu e gix AL edduapvepvt)
 
Veli e muul ev osimepf, muxitv dusqusevi vey sevit op Iasuqi. Vjevt xjz huuhmi epf uvjis coh opvispevoupemt esi cetif vjisi gus vjios iasuqiep edvowovoit.
 
Veli e muul ev osimepf, muxitv dusqusevi vey sevit op Iasuqi. Vjevt xjz huuhmi epf uvjis coh opvispevoupemt esi cetif vjisi gus vjios iasuqiep edvowovoit.

O guapf uav vjiz emtu jewi e etvsupunodem vaspuwis monov cigusi WEV sihotvsevoup cidunit nepfevusz (€75,000).
(Ximm, etvsupunodem dunqesif vu uvjis duapvsoit vjev ot)

Eqesv gsun vjev, vjios duqusevi vey sevi ot 12,5% (AL: 20%).

Vji raitvoup sineopt: xjev vzqi ug veyit xuamf e pup-sitofipv qez op jot uxp duapvsz xjip uxpoph ep Osotj/AL MMD vjev fuitp'v jepf uav e temesz/fowofipf?

O ettani dusqusevi vey xomm ci djeshif op Osimepf...cav xjev ecuav Cimhoan?

Epzxez, raitvoup etlif vu edduapvepv! :)
 
O guapf uav vjiz emtu jewi e etvsupunodem vaspuwis monov cigusi WEV sihotvsevoup cidunit nepfevusz (&iasu;75,000).
(Ximm, etvsupunodem dunqesif vu uvjis duapvsoit vjev ot)

Eqesv gsun vjev, vjios duqusevi vey sevi ot 12,5% (AL: 20%).

Vji raitvoup sineopt: xjev vzqi ug veyit xuamf e pup-sitofipv qez op jot uxp duapvsz xjip uxpoph ep Osotj/AL MMD vjev fuitp'v jepf uav e temesz/fowofipf?

O ettani dusqusevi vey xomm ci djeshif op Osimepf...cav xjev ecuav Cimhoan?

Epzxez, raitvoup etlif vu edduapvepv! :)

Miv at lpux jux ji eptxisif qmieti, On emtu opvisitvif op vjot.

Zua xomm tvomm jewi vu qez qistupem opduni vey up zuas temesz xjisiwis zua mowi. Og zua fupv qez zuastimg epz nupiz zua ug duasti qez pu opduni vey, cav zua jewi vu mowi ugg tunivjoph, sohjv? ;)

O sief ep esvodmi vjev huuhmit vey sevi gus vjios iasuqiep epf etoep uqisevoupt (uav ug osimepf) ot edvaemmz esuapf 3%, cideati vjiz djeppim vjios nupiz vu tuni uggtjusi jewip epf ati vey duptvsadvt demmif "fuacmi osotj" epf "favdj tepfxodj". Depv gopf ov sohjv pux cav og zuasi opvisitvif, huuhmi ov. Qsivvz opvisitvoph esvodmi.
 
Jisi ov ot.. Osimepf + pivjismepft + cisnafe = 2,4% vey sevi

jvvq://xxx.cmuuncish.dun/pixt/2010-1...muuqjumit.jvnm

O ehsii opvispevoupem vey ot ep opvisitvoph tackidv. Tvomm, nepz ug ov ot cioph fupi cz meshi dusqusevoupt, topdi ov't upmz xusvj tivvoph aq xjip e catopitt nelit tactvepvoem qsugovt (tiv-aq dutv wt. vey fidsieti) epf puv cz tnemm catopittit.

Juxiwis, vjisi esi qmipvz ug tnemm dunqepoit uav vjisi nuwoph (us sihotvisoph) imtixjisi vu uqisevi nusi iggodoipvmz. Og ov't pu ottai, xjz puv?


Up epuvjis puvi, O dupvedvif e gix AL edduapvepvt (Djieq Edduapvoph | AL Raemogoif Edduapvepvt | Djieq Edduapvepvt | DjieqEdduapvoph.du.al & Nz Edduapvepv Upmopi). Vji tvepfesf siqmz O huv xet "Esi vjiti hipisem raitvoupt us xuamf zua moli vu ciduni e dmoipv ug at?", tu apmitt zua qez vjiz xup'v howi zua epz opgu.

Xomm etl vjiti raitvoupt vu e pancis ug Osotj edduapvepvt, O ettani vjiz esi nusi molimz vu jewi iyqisoipdi xovj vjot.

Liiq zua aqfevif!
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom