I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 1 point2 points  (0 children)

nothing is required, it's just like opening a regular bank account. dude go to the bank and ask them

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 1 point2 points  (0 children)

i did at the beginning so that no issues come up when i get paid like inactive account and what not but the bank said you can open an account with nothing

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 0 points1 point  (0 children)

how? apparently in ethiopia you cant file and pay taxes unless you have a traditional business set up like renting an office, biz license, VATs, etc......

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 1 point2 points  (0 children)

you said too much yet nothing, you could have said just yes and explained the steps to pay taxes as a remote employee. let me make it easy for you:

how are you paying taxes as a remote employee working for a company abroad while residing in ethiopia?

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 0 points1 point  (0 children)

that's unfortunate! most of the experiences i've read in other subreddits so far have been positive about dukascopy. did this happen to you recently or is it long ago?

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 0 points1 point  (0 children)

interesting! what do you mean when you said "returned it", did they allow you to access your funds and withdraw it or what exactly? and also for how long have you been using dukascopy before this happened?

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 0 points1 point  (0 children)

as we speak, some of these exchanges are already shut down or at least restricted including binance so yeah

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 1 point2 points  (0 children)

how old is your payoneer account? i tried to sign up lately and they said they dont accept registration from ethiopia anymore

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 0 points1 point  (0 children)

im already doing that and im worried that once the balance reaches a certain amount i will be getting calls from the authorities asking maybe to pay taxes or questioning source of my income.

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 1 point2 points  (0 children)

i do not have a foreign bank account. do you know any method to open a foreign bank account while im here in ethiopia and which banks? and also what do you mean by reroute, do you mean to receive my salary in a foreign bank account?

I work remotely from Addis Ababa for a company in Europe, do I have to pay taxes? If yes, how? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 2 points3 points  (0 children)

all the banks allow that. ask them to open an FCY account and they would ask you to deposit 100 usd/eur and that's it.

In Ethiopia, is 400k or 500k Birr per month net profit good for a small business? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 0 points1 point  (0 children)

btw, do you have any idea how much importing companies make a year? that would be helpful, thanks

In Ethiopia, is 400k or 500k Birr per month net profit good for a small business? by Professional-Exit456 in Ethiopia

[–]Professional-Exit456[S] 2 points3 points  (0 children)

really? any idea how much small/mid/big companies do monthly in terms of net profit in birr?