I am a dual citizen of the United States and Italy currently residing in France, and I’m exploring the most advantageous tax approach for freelancing.
Would it be more beneficial for me to operate as a freelancer under an American company, leveraging my American citizenship, or establish my own company in France?
By ‘under an American company,’ I mean the scenario where I, as a freelancer, would establish my own company, such as an LLC (Limited Liability Company) or INC (Incorporated), in the United States. This would entail me operating my freelance business under the structure of an American-based company.
Alternatively, I could establish my own company in France, adhering to French business regulations and tax laws. In France, my options include the micro-entreprise regime, Entreprise Individuelle (EI), SASU (Société par Actions Simplifiée Unipersonnelle), and EURL (Entreprise Unipersonnelle à Responsabilité Limitée).
I find it all a bit overwhelming at the moment and I’d like to have more insight on the tax implications and potential advantages of each option.
Source: Seeking advice: Freelancing tax options for Dual…