Biz thread - where to incorporate your website - GoFuckYourself.com

RayBonga · 04-19-2009, 03:07 PM

Looking for tips from more experienced webmasters.

What is the best country to form a company hold your site(s)?

Considering, ease of setup, cost, legal protection, taxes, etc., etc.

thanks

RayBonga · 04-20-2009, 01:36 PM

bumped...

DateDoc · 04-20-2009, 01:47 PM

Nevada....

RayBonga · 04-20-2009, 02:32 PM

Quote:

Originally Posted by DateDoc

Nevada....

Is Nevada the best if you're in the US or all around?

Isn't it risky to be close to the USA gov?

HorseShit · 04-20-2009, 02:41 PM

Quote:

Originally Posted by RayBonga

Is Nevada the best if you're in the US or all around?

Isn't it risky to be close to the USA gov?

Are you doing something illegal?

RayBonga · 04-20-2009, 03:12 PM

Quote:

Originally Posted by Justin

Are you doing something illegal?

No, but from what I get from this board the US is not the most porn firendly country in the world, right?

Maybe with Obama...

PowerCum · 04-20-2009, 03:16 PM

If you do it in Spain just remember this... horses are ok, but donkeys are not because donkeys are protected animals.

Other than that... if you pay your taxes no one cares about you

RayBonga · 04-20-2009, 03:35 PM

Is the UK a good option? The process seems very straight forward there

BradM · 04-20-2009, 03:37 PM

Quote:

Originally Posted by RayBonga

Is the UK a good option? The process seems very straight forward there

Sure if socialist tax rape sounds great.

RayBonga · 04-20-2009, 04:19 PM

Quote:

Originally Posted by BradM

Sure if socialist tax rape sounds great.

What's the corporate tax rate there?

Any other options?

thanks

pornlaw · 04-20-2009, 10:38 PM

It usually isnt worth trying to go off shore unless you are clearing $500K + per year.

If you are in the US, off shore isnt really going to protect you from the govt or from civil law suits. We have sued companies off shore and merely served the owners in the US.

Off shore status is really a tax issue. And it is expensive. If you are going to incorporate/LLC in the US, do it in the state where you are located. Otherwise you may get stuck registering as a foreign corporation and paying a higher tax rate in your home state.

And you ask why this is important.... In California, if you are sued or want to sue and your taxes are NOT properly paid, you dont even get into court. Before you can avail yourself of the court system you have to pay for it. If you get sued and also get hit with a 5-6 figure tax bill, more than likely you will not be able to raise the money to defend and pay taxes and get hit with a default judgment.

It a great trick lawyers can use to prevent you from even answering a complaint.

Bjorn Andersen · 04-21-2009, 12:55 AM

depends where u live , if in europe, cyprus

RayBonga · 04-21-2009, 02:55 AM

Thank guys

I'm in Europe (might move to Asia) is Cyprus the best option?

RayBonga · 04-21-2009, 03:00 AM

Sorry for being such a pain...

Anyone has experience with sites like this: http://www.csr-corporation.com/en/index.html

Seems a bit dodgy/scam?

Bjorn Andersen · 04-21-2009, 03:03 AM

Cyprus is a good/best option as its fully legal and only 10% company tax.

of course you can use offshore companies and such but its not legal taxwise

RayBonga · 04-21-2009, 03:08 AM

Quote:

Originally Posted by Bjorn Andersen

Cyprus is a good/best option as its fully legal and only 10% company tax.

of course you can use offshore companies and such but its not legal taxwise

Thanks, does this mean it's legal to set it up in Cyprus but not other offshore locations?

What's the best way to set a company in cyprus?

Bjorn Andersen · 04-21-2009, 03:29 AM

The best way to do this is to contact lawyers and make sure its done 100% after the book.

Its abit expensive to setup , but very important its done right.

Its legal to setup in offshore locations as well, its not illegal to own an offshore company. However if you (an EU citizen) have profits in that company and pay low tax (0%) then thats illegal and you will get problems with your tax system in your country.

XR2 · 04-21-2009, 03:31 AM

Try Nevis, costs around $700 to get incorperated, Zero corp tax, no filling of accounts, $25,000 non-refundable court bond stops legal fishing trips + complies with US/UK tax enquires so is seen a 100% legit, many insurance trusts are set up there. Remember if you don't need to sell your company or get financing against it, then incorperate offshore, it costs you less in the long run.

Bjorn Andersen · 04-21-2009, 03:58 AM

UK have special rules on this, very special compared to rest of Europe...

Mr.Right - Banned For Life · 04-21-2009, 04:32 AM

Belize

RayBonga · 04-21-2009, 03:12 PM

thanks guys

I will look into these options (Cyprus, Nevis, Belize)

BOSS1 · 04-21-2009, 04:23 PM

BVI homies

Offshoremadame · 06-13-2009, 10:31 AM

Quote:

Originally Posted by RayBonga

Sorry for being such a pain...

Anyone has experience with sites like this: CSR

Seems a bit dodgy/scam?

be cautious with CSR. Do a search about WSR and you'll find the history of CSR. They changed their name recently.

Offshoremadame · 06-13-2009, 10:37 AM

Quote:

Originally Posted by Mr.Right

Belize

yes Belize is a very good location. USA is possible but there are a some tricky parts. You have a be a bit creative when opening the bank account to go with a Nevada corp as U.S. banks don't really like adult but there are ways around it with certain types of adult businesses.

Belize is pretty flexible with their IBC. Low yearly fees, no accounting records needed, lots of privacy. Take a look at it as one of your options.

04-19-2009, 03:07 PM	#1
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	Biz thread - where to incorporate your website Looking for tips from more experienced webmasters. What is the best country to form a company hold your site(s)? Considering, ease of setup, cost, legal protection, taxes, etc., etc. thanks

04-20-2009, 01:47 PM	#3
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Nevada.... __________________

04-20-2009, 03:16 PM	#7
PowerCum CjOverkill Industry Role: Join Date: Apr 2003 Location: Woldwide Posts: 1,328	If you do it in Spain just remember this... horses are ok, but donkeys are not because donkeys are protected animals. Other than that... if you pay your taxes no one cares about you __________________ CjOverkill Traffic Trading Script Free, secure and fast traffic trading script. Get your copy now

04-20-2009, 10:38 PM	#11
pornlaw Confirmed User Join Date: Feb 2007 Location: Los Angeles, CA Posts: 1,877	It usually isnt worth trying to go off shore unless you are clearing $500K + per year. If you are in the US, off shore isnt really going to protect you from the govt or from civil law suits. We have sued companies off shore and merely served the owners in the US. Off shore status is really a tax issue. And it is expensive. If you are going to incorporate/LLC in the US, do it in the state where you are located. Otherwise you may get stuck registering as a foreign corporation and paying a higher tax rate in your home state. And you ask why this is important.... In California, if you are sued or want to sue and your taxes are NOT properly paid, you dont even get into court. Before you can avail yourself of the court system you have to pay for it. If you get sued and also get hit with a 5-6 figure tax bill, more than likely you will not be able to raise the money to defend and pay taxes and get hit with a default judgment. It a great trick lawyers can use to prevent you from even answering a complaint. __________________ Michael www.AdultBizLaw.com Last edited by pornlaw; 04-20-2009 at 10:39 PM..

04-21-2009, 12:55 AM	#12
Bjorn Andersen Registered User Join Date: Apr 2009 Location: Norway Posts: 67	depends where u live , if in europe, cyprus __________________ My facebook \| Im twittering

04-20-2009, 01:36 PM	#2
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	bumped...

04-20-2009, 03:35 PM	#8
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	Is the UK a good option? The process seems very straight forward there

04-21-2009, 02:55 AM	#13
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	Thank guys I'm in Europe (might move to Asia) is Cyprus the best option?

04-21-2009, 03:00 AM	#14
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	Sorry for being such a pain... Anyone has experience with sites like this: http://www.csr-corporation.com/en/index.html Seems a bit dodgy/scam?

04-21-2009, 03:03 AM	#15
Bjorn Andersen Registered User Join Date: Apr 2009 Location: Norway Posts: 67	Cyprus is a good/best option as its fully legal and only 10% company tax. of course you can use offshore companies and such but its not legal taxwise __________________ My facebook \| Im twittering

04-21-2009, 03:29 AM	#17
Bjorn Andersen Registered User Join Date: Apr 2009 Location: Norway Posts: 67	The best way to do this is to contact lawyers and make sure its done 100% after the book. Its abit expensive to setup , but very important its done right. Its legal to setup in offshore locations as well, its not illegal to own an offshore company. However if you (an EU citizen) have profits in that company and pay low tax (0%) then thats illegal and you will get problems with your tax system in your country. __________________ My facebook \| Im twittering

04-21-2009, 03:31 AM	#18
XR2 Registered User Join Date: Apr 2009 Location: London(UK) Posts: 38	Try Nevis, costs around $700 to get incorperated, Zero corp tax, no filling of accounts, $25,000 non-refundable court bond stops legal fishing trips + complies with US/UK tax enquires so is seen a 100% legit, many insurance trusts are set up there. Remember if you don't need to sell your company or get financing against it, then incorperate offshore, it costs you less in the long run.

04-21-2009, 03:58 AM	#19
Bjorn Andersen Registered User Join Date: Apr 2009 Location: Norway Posts: 67	UK have special rules on this, very special compared to rest of Europe... __________________ My facebook \| Im twittering

04-21-2009, 04:32 AM	#20
Mr.Right - Banned For Life I guarantee it Join Date: May 2005 Posts: 18,314	Belize

04-21-2009, 03:12 PM	#21
RayBonga too cool for highschool Join Date: Nov 2005 Location: East side, West side, Worldwide! Posts: 12,164	thanks guys I will look into these options (Cyprus, Nevis, Belize)

04-21-2009, 04:23 PM	#22
BOSS1 Confirmed User Join Date: Sep 2005 Location: Montreal / Sparta Posts: 4,331	BVI homies __________________ NEW SITE: Stockings Kingdom Lesbians in Latex, Lesbians in Stockings, Granny Sex, BDSM Porn, Latex and Sex, Custom Foot Fetish, Femdom Movies and Kinky Porn Pass. 300+ hosted flvs, 500+ hosted galleries, Page Peel ADs.. NATS export and payouts twice a month