Looking at Major Change
Posted: Sun Mar 20, 2011 3:11 pm
We have been in business for a little over 3 yrs and have been blessed with fabulous sales and tremendous growth. However, we are now looking at extremely large amounts in income tax this year and project much higher in the coming years so are looking at drastic measures to slow the bleed to Uncle Sam.
Has anyone located in the US looked into setting up their business as an off-shore company? Supposedly online stores are the most ideal type of business to be able to do this as you can stay in the US but "operate" as if you were overseas with your distribution center located in the US.
We will need to select a country with low income tax (Costa Rica is looking the best right now) and purchase an office space, set-up all our banking accounts in the same country, and also have our site hosted on a server in that country. However, I know that AC has specific server requirements for optimal performance that are relatively hard to find.
Has anyone else considered/researched this at all? Any recommendations on off-shore servers that work well would be appreciated.
Thanks in advance!
Has anyone located in the US looked into setting up their business as an off-shore company? Supposedly online stores are the most ideal type of business to be able to do this as you can stay in the US but "operate" as if you were overseas with your distribution center located in the US.
We will need to select a country with low income tax (Costa Rica is looking the best right now) and purchase an office space, set-up all our banking accounts in the same country, and also have our site hosted on a server in that country. However, I know that AC has specific server requirements for optimal performance that are relatively hard to find.
Has anyone else considered/researched this at all? Any recommendations on off-shore servers that work well would be appreciated.
Thanks in advance!