Скачать или смотреть Struggling to Pay Foreign Contractors?

Paying FOREIGN INDEPENDENT CONTRACTORS can be a hassle, right?

This is one of the biggest challenges faced by thousands of Business Owners from our community 💻

Setting up a Digital Nomad Business means you will very likely work with people from all over the world. However invoicing, sending money and such might get complicated. It's critical to do it correctly to avoid legal and financial problems ✨ So here are some tips to make the process smoother:

1) 💻 Research and understand the tax laws and regulations in the contractor's country, and include any taxes in the payment

2) 💰 Use a payment platform like Xolo Go, which can help you pay your foreign contractors securely and automate your accounting and tax compliance

3)📑 Keep detailed records of all payments made to foreign contractors, including their name, address, payment date, amount, and currency exchange rate

4) ✅ Make sure you're compliant with all relevant laws and regulations, including tax withholding and reporting requirements

And we have GREAT NEWS! We partnered with an innovative company in the Digital Nomads World that makes all that process simple 🙌🏼 It’s called Xolo, you can streamline the process and focus on growing your business globally through them 👏🏻 The best is they help you set up your Online Business in Estonia through an E-residency Program, so you DON’T have to go through any paper work, everything is 100% online and you will enjoy the benefits of the EU Banking world 🔥

Type the word “Info” in the comments and we’ll send you more details via dm 💬