slapass:
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I want to do the same thing. Bahamas would raise lots of flags Zi think. Are there less well known places that are not shady sounding? I want to promote internet gambling and porn through it. Good countries for this?
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Bahamas is "problematic" and can't see to make up it's mind what it is supposed to be. There was a swing towards "transparency" - then it bachlashed on them. Now the pendulum to swinging the other way - too volatile :-)
Gambling and porn are generally OK in Euro countries (got to watch their laws tho).
It all depends where you are resident now - or will be resident when the scenario clicks in. If you are a US resident - that is a major problem in that you are obliged to disclose stuff - which defeats the whole purpose.
People from other countries don't have this problem if they conduct stuff properly.
The only "real way" to be clear of all shit and totally "legal", is move to a tax free country and operate as many corps as you like over the world - but not in your "home country" :-)