How best to withdraw money with the Upwork for the first time? With any amounts standing to register as an entrepreneur?

Good afternoon.
Plan to start work on this site, need advice from practitioners.
April 4th 20 at 13:11
3 answers
April 4th 20 at 13:13
The first time, better to PayPal. It is instantly. And the banks will not have issues when you transfer money from your PayPal account to your Bank account.
Cons of this method - PayPal has laid Commission of about 3-4% in the dollar.

To register in the tax I would suggest a monthly income of $1000-2000.
In this case, the money is best to withdraw large sums directly to the account of IE (method is called Wire Transfer, it costs $30, but receive currency without currency conversion).
April 4th 20 at 13:15
As country is not listed, I think it's Russia.
  1. First go to paypal, but it concluded in rubles, will lose when converting money. Paypal transparent to our tax so it's not suitable for regular income.
  2. Immediately order your payoneer card, there will be a conclusion in USD, the Commission for the removal will be 3-4%, but will be able to withdraw in us dollars and hoard them, it turns profitable.
  3. You can try to be self-employed, it is much easier UI, but there is a limit to 200k a month, a couple of people work so upwork, but better to find out directly from the Bank, with whom you will work, the calculations of the self-employed with foreign companies not described in the documents.
  4. When the amount exceeds 100K, you have to issue the IP, patent or USN, is a broad topic, look at the toster/habr a bunch of times already specified. A percentage of your salary going to taxes/Commission will very much depend on the Bank, wages, taxation system, but in the range of 2-10%


In fact, if there are no plans to save in the Bank or to make large purchases (over 600K, such transactions are automatic sent to Rosfinmonitoring), it can work as long as you want through payoneer, have not found any confirmation about the possibility of a tax for that though as that to press, many friends and work.
There is a statement that the patent does not apply to Upwork due to the fact that the contract offer involves a contract not in the place of residence of IP. - solon_McLaughl commented on April 4th 20 at 13:18
@solon_McLaughl, this account documents not as a limitation, and prohibition. If you're working from home, then this is the place of business activity. Upwork and PSN is it possible (again)?
My tax does as well. - dorian.Beat commented on April 4th 20 at 13:21
@dorian.Beat the tax Officially requested or just on the phone? - solon_McLaughl commented on April 4th 20 at 13:24
April 4th 20 at 13:17
Worked for 2 years without SP, with tax problems was not. Register is when you will understand that it is necessary.

Find more questions by tags Upwork