I started a company

I’ve been reading a lot about taxes recently. And so I started a company, mostly to optimize and simplify my taxes.

There was no way for me — as an artist — to hire an accountant, because tax law is very murky and complicated regarding the taxes that artists should pay. I talked with a tax advisor first, before starting a company, and he said that the law is so unclear and can be interpreted in different ways that he couldn’t help me. Now, I have a company, and an accountant is taking care of all those tax related things and I don’t have to worry about any of that.

I will also pay less in taxes than I used to pay when I didn’t have a company. This seems like something more people should be aware of. But for a very long time I didn’t know that having a company, despite the accounting costs, is a good business decision and will save me money long term.

Instead of starting a company in Poland — my native country — I started it in Estonia. The taxes are very similar, so it’s not like I am saving any money on that, but there’s way less bureaucracy and you can deal with most things online. Also, I don’t trust the Polish government — it’s like they are set on ruining the Polish economy. I know many people who have companies in Poland and the costs, taxes, obligations, and ridiculous rules that are invented every year just to squeeze a bit more money from even the smallest companies are insane.

I would rather pay my taxes in Estonia where the government seems more capable.