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Moving to France from US..... Business question
So it looks like I will be relocating to France permanently and I'm told that my dropshipping site will be difficult to deal with because of the french "system".
I'd love to keep the business US based and work on it from over there, but supposedly, France will eventually sniff out my US bank accounts and do me dry. Does anyone have any experience running an adult dropshipping company in France? I'd prefer to keep it legal. Is it worth it? |
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Of course, if you post everywhere on social media that you run your business from France and you do not pay ANYTHING, yes at some point they may ask you some explanations. But that's pretty much in every country. |
oh boy...
first why move to France? Might be personal reasons but you are about to move to the worst place in the world for taxes... Secondly, legally if you operate a foreign business from France it will become deemed as French. and you don't want that. If the business in the US has no employees, offices etc no 'substance' that would make it even worse. Look up CRS for banking, look up your passport being scanned on way out and in of most countries. You should really consult with proper tax advisors. All depends on lifestyle and income of course. Keep in mind the political situation there is turning banana republic like with economically illiterate morons. Do NOT believe the BS that the USA is commie etc... You ain't seen nothing yet in France Just want you to avoid making mistakes |
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