Incorporating in the UK?

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  • ravenazrael
    Confirmed User
    • Nov 2011
    • 590
    #1

    Incorporating in the UK?

    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.
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    • CrazyMartin
      Confirmed User
      • Jan 2009
      • 340
      #2
      I suggest you incorporation in Cyprus, in European Union.

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

        Comment

        • ravenazrael
          Confirmed User
          • Nov 2011
          • 590
          #3
          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!!!
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            • John.
              Confirmed User
              • Jul 2007
              • 2264
              #4
              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
              Sig too old.

                Comment

                • Thermosphere
                  Registered User
                  • Jan 2012
                  • 93
                  #5
                  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.
                  Last edited by Thermosphere; 08-04-2014, 05:17 PM.

                    Comment

                    • x-rate
                      Confirmed User
                      • Jun 2008
                      • 725
                      #6
                      Revenue Quebec are crazy stuff.... went in a long process with them to fight it.... add me on skype will give you some hints!
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                        • Major (Tom)
                          So Fucking Banned
                          • Nov 2003
                          • 32492
                          #7
                          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

                            Comment

                            • ravenazrael
                              Confirmed User
                              • Nov 2011
                              • 590
                              #8
                              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
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