I’m looking for a bit of specialized feedback concerning opening an offshore company + bank account.
I’m an EU citizen and I own a business which is specialized in online/affiliate marketing. Up until a month ago I was working with companies in the same and surrounding countries.
However I’m expanding now and will start receiving payments from US affiliate companies in july/august. These companies will pay by check (or Paypal but from what I’ve heard that’s always a bad idea).
Now I was thinking of putting the earnings of the US affiliate companies under a new offshore company to limit/avoid taxes, I will of course also keep my current company.
That’s step 1 of the plan. Step 2 involves investing that money in Forex and later use it to buy property in the EU (but not my own country) with the company
Question 1: Which country would suit me best for the company and/or bank account. Cyprus is of course out because I’m an EU citizen.
Question 2: Which setup company would you suggest to use? I need some sort of banking service since the other companies will pay by check which needs to be deposited (and I can’t do that). I was thinking about SFM Offshore or Maritime International Limited.
Question 3: Can there be a problem when I use the company for different kind of investments (Forex + property)
Question 4: Can I change setup company once my company is registered (or after 1 or 2 years) or will it always be managed by the same firm?
Any feedback is very welcome!
I’m an EU citizen and I own a business which is specialized in online/affiliate marketing. Up until a month ago I was working with companies in the same and surrounding countries.
However I’m expanding now and will start receiving payments from US affiliate companies in july/august. These companies will pay by check (or Paypal but from what I’ve heard that’s always a bad idea).
Now I was thinking of putting the earnings of the US affiliate companies under a new offshore company to limit/avoid taxes, I will of course also keep my current company.
That’s step 1 of the plan. Step 2 involves investing that money in Forex and later use it to buy property in the EU (but not my own country) with the company
Question 1: Which country would suit me best for the company and/or bank account. Cyprus is of course out because I’m an EU citizen.
Question 2: Which setup company would you suggest to use? I need some sort of banking service since the other companies will pay by check which needs to be deposited (and I can’t do that). I was thinking about SFM Offshore or Maritime International Limited.
Question 3: Can there be a problem when I use the company for different kind of investments (Forex + property)
Question 4: Can I change setup company once my company is registered (or after 1 or 2 years) or will it always be managed by the same firm?
Any feedback is very welcome!