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Recent content by EightyTwenty

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    Starting up a business in Canada...... Small B or offshore? need opinion

    Basically, yes.. this whole thing is predicated on the following points. After speaking with a gentleman i found the following to be true 1. Your business serves international customers.... Cayman Island City is set up for the 'technology' sector. 2. Residency.. RESIDENCY..... matters... yes...
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    Starting up a business in Canada...... Small B or offshore? need opinion

    :) oh yeah..... 'every question' answered in 2 minutes.......... i dont think u have to move there... it does offer services to relocate... i.e. workers from other places.. would defeat the purpose in a sense. see what i get back in an email response... theres a youtube video... 30-40...
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    Starting up a business in Canada...... Small B or offshore? need opinion

    thank you 'admin' might i get your thoughts on Offshore Cayman Special Economic Zone They make a 'hard' pitch to Canadians specifically... and mention their TIEA 'openly' This is about establishing a 'physical presence' and generating and 'active business income', 'residency permit'...
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    Asking for invoices - The correct way

    if your in a 0% tax where theres no annual tax reporting... why would you issue invoices...... is that the correct logic starfang?
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    Starting up a business in Canada...... Small B or offshore? need opinion

    Well legit.. there's 5-6 places left that dont have TIEA agreements with Canada. and it looks like global winds are pointing to 2018 as the significant year for those places to have tax 'information' sharing. *at least officially* the 'practicality' of implementation seems a bit unsure.. but...
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    Starting up a business in Canada...... Small B or offshore? need opinion

    Thanks for the reply auric. Canada seems to be quite 'savvy' or so it appears..... it looks like Belize will be participating in 2018. There seems to be a difference between 'active and passive' business income.. anyhow... I have contacted a couple tax offices to figure this out.. It seems...
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    Starting up a business in Canada...... Small B or offshore? need opinion

    Apparently Canada and Cook Islands has a tax sharing agreement as per June 15, 2015 h ttps://w ww. fin.gc.ca/treaties-conventions/cook_1-eng.asp thought cook islands was one of the good ones. Belize is still 'under negotiation' with Canada since starting up in 2010 Basically, the way it...
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    Starting up a business in Canada...... Small B or offshore? need opinion

    I also failed to mention I have a EU Citizenship (dual) but I reside in Canada...... maybe there's a (proper) legal way to utilise that... but I thought u had to be a 'resident' not just a 'citizen' Since Canada is so bent on 'declaring' worldwide income and beneficiaries... a 2013 topic i...
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    Starting up a business in Canada...... Small B or offshore? need opinion

    Thanks for replying. I called that apintertrust place.. said I need to contact a tax accountant.. so i am waiting for those connections. I am presuming that my 'configuration model' or 'purpose' would be configured similar to this, How can I use an Offshore Company for international trade eg...
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    Starting up a business in Canada...... Small B or offshore? need opinion

    Hello, Ill keep this short. I'm from Ontario, Canada I have a product that I patented this year. I have registered a company name under sole-proprietor (Orig plan) My business is Import/Export 1. Ill be using E-commerce i.e. shopify store, to sell it. 2. Have manufacturing done in china. 3...