Moving my Internet Business Offshore

Back when I opened my internet marketing company I didn’t think much about tax liabilities and how important it is to plan for the company’s future. I didn’t think much about accounting either and after a few quaters of steadily growing my business I reached a point where I had to deal with both problems.

I did some research and finally decided to deal with taxation and accounting in a way that most of my competitors didn’t even think of: Moving the internet company offshore.

You think that might sound a bit uncommon and more like an adventure to some of you, but today after everything is done I can say that it was one of the best business decisions I’ve ever made.

Stateside Finance helped me forming the offshore company and opening a merchant account with a reputable and well-known offshore bank in an offshore tax haven. Again, when most hear offshore jurisdictions they usually think of tax fugitives and money laundering but have few information about how many advantages an offshore tax haven really has to offer.

Quite literally bank, insurance, international institution and even governments own foundations in offshore jurisdictions. Mainly for tax purposes but also to conduct business internationally in a simple and confidental way.

I incorporated my company in the Carribean for under $1900 and moved the company offshore. Stateside Finance guided me through the whole incorporation and believe me or not I didn’t even had to leave my office home.

Now I don’t have to think about taxes or accounting or even company liability; moving my company offshore resolved all these problems once and for all.