Re:Ask HN: My side project is ramen-profitable. What do I do...
by junto on Wednesday May 04, 2016 @06:54AM
(#11627447)
Also, the German tax office will look at your UK registered company and your dividend payments and artificially lowered salary, and your German tax domicile, then tax you after the fact directly as if no company existed. Single ownership UK Ltd companies are a black flag to the Finanzamt.
My best advice is to walk into the local Finanzamt and speak to someone. I've always found them to be knowledgeable, courteous and genuinely interested in helping. Explain to them your goals (minimising tax liability / indemnity / etc) and they will advise you where they can (for free).
If you do it out of tax reasons and you are willing to take the risk of not being able to do any administrative "things" by going to a local government agency in the town where you live, then form an entity outside of EU for example in singapore.
Again, I'd suggest you start your first steps in business locally where you can talk to actual people. There are a lot of services available that can help you out in person.