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Old 03-24-2005, 02:54 PM  
stag44
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Join Date: Aug 2004
Location: uk
Posts: 187
Quote:
Originally Posted by A-LISTED
if you want tax shelter, go for panama or belize:

www.apintertrust.com

if you just want to straight incorporate and want to make the IRS work a bit harder to figure out how much you owe them (and also make all those porn regulations disappear for you a bit more) try a UK based PLC. Its like the LLC in the states but in the UK, people wont be all like oh wtf offshore he's a tax scammer.

the only requirement you must have is 2 local residents i think or 1, but you can get a lawyer to provide that for you.

oh also, incorporation fees in the UK are only $70 versus the lowest incorporation fee in the states of $213, go for UK if you want to do some offshore tax sheltering.
Registering a PLC in the UK is quite complex and expensive... but a LTD is quite cheap and straitforward... But beware, shit loads of red tape around owning a company in the UK... I have a dormant company, and my accountant charges me £300 just for having to submit the forms saying its a dormant company....
Funny world though, I'm looking at an LLC in Delaware... all profits are tax free for foreign owned LLCs there..
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