Can I Keep My Board Member Salary Without Using Companio Work?
With the introduction of Companio Work, some individuals may consider switching providers to maintain their employment status as board members without incurring additional costs. However, it's essential to understand that the salary paid from Estonia for such a role can be irregular and may lead to complications with both local and Estonian tax authorities.
Paying social taxes in a country where you are not a tax resident can be considered irregular by local tax authorities and may also raise concerns in Estonia when assessing your tax residence status. While transitioning to another provider might provide a temporary sense of security, the overall situation could remain irregular.
We encourage individuals to carefully consider the implications of non-compliance with tax regulations in both their home country and Estonia.
Companio Work is a tool designed to facilitate international hiring and help regularize one's situation in their country of residence. However, it's ultimately your decision whether to continue as you are or explore alternative solutions.
Paying social taxes in a country where you are not a tax resident can be considered irregular by local tax authorities and may also raise concerns in Estonia when assessing your tax residence status. While transitioning to another provider might provide a temporary sense of security, the overall situation could remain irregular.
We encourage individuals to carefully consider the implications of non-compliance with tax regulations in both their home country and Estonia.
Companio Work is a tool designed to facilitate international hiring and help regularize one's situation in their country of residence. However, it's ultimately your decision whether to continue as you are or explore alternative solutions.
Updated on: 18/10/2023
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