I'm a us citizen living in the UK as a permanent resident.

Ya it's fine

>>1646479
How is that legal lol? Don't i need to pay UK income tax?

Could I set it up in the US and use paypal to deposit the money immediately into a US bank account? I wouldn't be able to access the money the money from the UK right? Because of transfer fees and conversion. That's all right I can just have it sit all in the US. Do I have to file anything in the UK?

>Do I have to tell the government I'm self employed?

>Does my company pay UK taxes?

>Can I put my trips to the USA under business expenses?

I want to eventually get it to the point where it's automated.

>>1646472
Just be urself b ;)

>>1646472
>Would it be easy to start a business in the USA so I only have to pay their tax?
No. The IRS rules are infinitely worse for companies that trade overseas. Start a UK company and keep the money in the company.

>>1646519
>The IRS rules are infinitely worse for companies that trade overseas

I would import from China and sell them in the US. I wouldn't have any income coming to me in the UK, I would put it all into assets in the US. I'm asking if because I'm living the UK, do I need to pay UK tax on the earnings of the US company? If I start a UK company and keep it within the company, wouldn't I be taxed by the US?

>>1646507
/thread