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Old 12-08-2007, 09:31 PM  
amateurcanada
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Quote:
Originally Posted by GreyWolf View Post
Agree On the above three points:

(a) Talk to lawyers - been there, done that and had OS lawyers at shows in the past. They provided the usual speech and allowed an question/answer session. The result - the audience were generally too dumb to even comprehend "offshore". That's an example of the quality of people in this biz sadly.

(b) Setting up offshore - if anyone can't afford 2-3K for a corp and legal advice, better they never ever think about OS, they would just be a liability. It's obviously also an issue as to whether an individual is in a secure legal position to consider an OS operation - specifically re background/citizenship.

(c) Maintain 2257 for affiliates - totally agree. It's obviously crazy and irresponsible to introduce an affiliate program and not be able to legally support affiliates with 2257 docs if needed.
Agreed to all points. If your goal is to shelter your identity to not comply with US law thats ridiculous.

For offshore entities, refer to a local tax lawyer to advise on the implications as in some countries you may get a surprise.

My
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