Moving my Internet Business Offshore
March 3, 2010 by John38
Back when I opened my online company I didn’t think much about tax liabilities and how important it is to plan for the company’s future. I didn’t think much about tax either and after a few quaters of steadily growing my business I reached a point when I had to deal with both problems.
I did some research and at the end to deal with taxation and accounting in a way that many of my business partners didn’t even consider: Moving my online business offshore.
Now that might sound a little bit dodgy and more like risky undertaking to some of you, but now after everything is done I can tell you that it was definately the best business decisions I’ve ever made.
Stateside Finance helped me forming the tax free company and opening a trading account with a respected and well-known financial institution in an offshore jurisdiction. Now, when most people hear offshore tax haven they usually think of tax fugitives and money laundering but little do they know how many advantages an offshore tax haven really features.
Practically bank, insurance, international institution and even governments own foundations in offshore tax haven. Mainly for tax purposes but also to do business internationally in a convinient and confidental way.
I incorporated my company in the Carribean for just $1900 and moved the business offshore. Stateside Finance guided me through the whole incorporation and believe me or not I didn’t even had to leave my office home.
Today I don’t have to break my head about taxes or accounting or even company liability; moving my company offshore solved all these problems once and for all.

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