Incorporating in the UK?

[ravenazrael]

Hey guys. i read all you said on the Delaware' threads. Someone has recommened us to incorporate in the UK. Does anybody know about pros and cons about it?

Btw. There are a lot of Canadians here. I called Revenue Quebec and they tell me that for my camsite-like site i should declare the sales taxes. I think they r out kf their mind. Actually i dont remember any adult site charging sales taxes when u make a purchase or sign up to a memeberahip.

[CrazyMartin]

I suggest you incorporation in Cyprus, in European Union.

Uk is not porn friendly these days and taxes are not low

[ravenazrael]

Originally Posted by CrazyMartin

I suggest you incorporation in Cyprus, in European Union.

Uk is not porn friendly these days and taxes are not low

Thanks. Do u know somebody who can give me more info? Do i need to fly there or can I do it with an agent? Someone who can enlighten me with the taxation? Thanks!!!

[John.]

Originally Posted by ravenazrael

Thanks. Do u know somebody who can give me more info? Do i need to fly there or can I do it with an agent? Someone who can enlighten me with the taxation? Thanks!!!

Spend a few hours studying this place -----> http://www.cclogic.com/forum/forum

[Thermosphere]

Originally Posted by ravenazrael

Btw. There are a lot of Canadians here. I called Revenue Quebec and they tell me that for my camsite-like site i should declare the sales taxes. I think they r out kf their mind. Actually i dont remember any adult site charging sales taxes when u make a purchase or sign up to a memeberahip.

Canadian in cams here - FWIW, my company has GST exemption because all of our money comes from outside of Canada (the US) - We don't have to charge anyone GST and at the end of the year, CRA refunds all GST that was charged to us on anything we write off like office space, internet connection, cars, etc etc. Exemption is the way to go because without it you're going to have to pay it without any way of charging for it.

[x-rate]

Revenue Quebec are crazy stuff.... went in a long process with them to fight it.... add me on skype will give you some hints!

[DukeSkywalker]

Originally Posted by ravenazrael

Hey guys. i read all you said on the Delaware' threads. Someone has recommened us to incorporate in the UK. Does anybody know about pros and cons about it?

Btw. There are a lot of Canadians here. I called Revenue Quebec and they tell me that for my camsite-like site i should declare the sales taxes. I think they r out kf their mind. Actually i dont remember any adult site charging sales taxes when u make a purchase or sign up to a memeberahip.

make sure you do your due diligence. Look out for shared directors etc.
ds

[ravenazrael]

Originally Posted by John.

Spend a few hours studying this place -----> http://www.cclogic.com/forum/forum

Thanks man, I am gonna check it out

Originally Posted by Thermosphere

Canadian in cams here - FWIW, my company has GST exemption because all of our money comes from outside of Canada (the US) - We don't have to charge anyone GST and at the end of the year, CRA refunds all GST that was charged to us on anything we write off like office space, internet connection, cars, etc etc. Exemption is the way to go because without it you're going to have to pay it without any way of charging for it.

But what happens when some models and customers are Canadians? Actually, my partners, programmers, designers, etc are in Asia. I am the only one in Canada, but in charge of the marketing and planning. We though that incorporating the company in USA, Canada or UK was better for our credibility and get a a way of being taxed less.

Originally Posted by x-rate

Revenue Quebec are crazy stuff.... went in a long process with them to fight it.... add me on skype will give you some hints!

Added you thanks!

Originally Posted by DukeSkywalker

make sure you do your due diligence. Look out for shared directors etc.
ds

What do you mean by shared directors? thanks