Indeed:
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Gibraltar seems a good choice as it's apparently tax free but I still wonder what are the other good options if there are any...I've heard Luxembourg is also a good place? Not sure if it's true...UK comes out often as well...
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I'd think that Gib may be the best for what you may want. Apart from the "no taxes" scenario, it is a genuine offshore with no tax treaties with other countries - this is going to provide you a greater degree of "flexibility" and confidentiality in handling things to suit :-)
Luxemborg is more "fussy" as an offshore and is more geared to high value transactions, trusts and banking.
UK is not an offshore unfortunately *g*, but the cost of company formation is low and you only need paperwork from the Inland Revenue confirming no trading is taking place within the UK - from that point onwards the company will not be getting tax demands. The downside there is there is a tax treaty between UK and Canada and nothing is a "secret".
I better mention.. we spent a long time speaking with accountants onshore and cannot say that one of them was qualified to speak of this, other than the "textbook version". We then travelled the world speaking to *actual* offshore accountants and lawyers and the difference was dramatic. It took me the best part of six months afterwards to realize I was "free"!!
Should you elect to actually use an offshore, that may not be the subject you discuss with your local accountant. Depending on your circumstances, all he needs to know is you send invoices to a foreign corp for work done and in return, you are paid and in turn, pay local taxes on this. It is not "usual" for a person onshore to even discuss the existance of any "offshore corp" :-)
But.. bottom line is - all of these places are within the Euro banking region and offer the facility to use any processors within Europe.
