This holds for Belgium too. The notary class here are overpaid self-dealing monopolists selling you mediocre service at best. We were just required to pay 801€ for a bog standard piece of paper. A web form would have served us better and more quickly. At least they've recently become a bit less hereditary than the last 200 years.
Of my many many acquaintances with Belgian CIT liable companies, exactly one used to do their own taxes. They still outsourced salary payment though. That is even trickier than taxes. There's an entire sector specialising in wage administration...
> If you think about starting a company, spend some time to think through what it would mean for you to be a Delaware C Corp or an Estoinian one. It will increase your chances of success as you can focus on what matters.
Moving to Estonia or - even bigger hurdles- the US is not without its distractions either....
Not incorporating would be very fiscally suboptimal here (.be) for anything tech related. Your marginal tax+ social security contributions rate would be ~66% starting from 50k€ gross...
> If you can file all of the taxes and other legally required paperwork yourself, you can be set up in a week or two.
Is realistic in the Netherlands to try and fulfill all formal paperwork requirements?
In my native Belgian city, outsourcing that be from ~3k€ excluding VAT/year for the very simplest CIT liable structure. That's excluding 409.3€ corporate social security contribution and 148€ provincial tax. That makes for about 300€ ex. VAT before you can start to earn anything at all. Unless you can fulfill all accounting yourself.
Of course not. They'll just claim your llc needs to pay local corporate income taxe, VAT, pay local social security, dividend withholding tax, ... on top of whatever needs to happen to keep US authorities happy.
If I set up a US llc as a Belgian while residing in Belgium, Belgian tax authorities will claim the center of control is in Belgium and claim it is a Belgian company.
Yes. Can't just emigrate. No substance in the US meaning your llc would be liable for tax as if it were an llc in the country where you reside. You'd basicly double the liabilities and administration for no good reason.