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Moving my Internet Business Offshore

Written by Author on March 4th, 2010

When I opened my internet marketing company I didn’t research much about book-keeping and how important it is to plan ahead. I didn’t know much about tax either and after a few months of steadily expanding my company I reached a point when I had to deal with both problems.

I did some research and finally made the decision to deal with taxation and accounting in a way that many of my co-workers didn’t even consider: Moving the internet company offshore.

Now that might sound a bit strange and more like risky undertaking to some of you, but now after everything is done I can say that it was one of the best business decisions I’ve ever made.

Stateside Finance helped me incorporating the tax haven company and opening a trading account with a respected and well-known bank in an offshore tax haven. Again, when most hear offshore tax haven they right away think of tax evasion and money laundering but have few information about how many advantages an offshore jurisidiction really has to offer.

Every bank, insurance, international corporation and even governments own foundations in offshore jurisdictions. Mainly for tax purposes but also to do business internationally in a convinient and confidental way.

I incorporated my company in the British Virgin Islands for just $1900 and moved the business offshore. Stateside Finance guided me through the whole process and believe me or not I didn’t even had to leave my office home.

Finally I don’t have to think about taxes or accounting or even company liability; moving my company offshore resolved so many head aches once and for all.

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