mussberger wrote: ↑Sat Jan 27, 2024 4:10 pm
lupo.sk wrote: ↑Fri Jan 26, 2024 5:33 pm
Make an LLC, buy car without VAT.
Ez.
I'll run this by my Accountant but I'm not sure how an LLC would help my situation with VAT. Thanks for the idea though!
Dude, how many european LLCs do you need? I have mutiple as I use SPVs for every bigger investment.
With an LLC you registered for VAT in yerp, you van buy cars and everything without VAT (savings of 17-25%). Even as a US citizen, you can still be the shareholder and all you might need (depending on the country) is a manager, there are a fuckton of nominee services that you can find with local laywers.
The you just buy the car in the name of the LLC and voila - save on VAT, write it off etc.