From how I understand it, it's better to pay little tax in the offshore jurisdiction and make things legal rather than pay no tax at all and make it illegal only to get troubles with the tax office! Cyprus will help you to make things legal it seems if you get an accountant there to help you.
From what I have been discussing with an agent it's the exact same procedure to register a company in almost any offshore jurisdiction the questions is, which offshore jurisdiction is providing you with what you look for.!!
Some of the comments here look just stupid, sorry to say it :) I was wondering if it's possible to get the money out without a loan agreement and more like salary payment and just pay tax in my country?
An Hong Kong incorporation is what I would consider if I'm looking at doing business in China, It would for sure make it more legit also if you want to get Hong Kong domain name and hosting a company incorporated in China / Hong Kong will be required.
To protect my assets is important once I have build up a lot of money and property so I already start planning all of it now and do my homework.
One of the law firms I have been speaking with is Beaverton Estate Planning Attorney | Avoid Probate | Succession Planning they seem to be...
The USA may be the country of unlimited opportunities but it is also limiting their citizens from total freedom. I think Bahamas banking for US citizens are popular because that's one of the only jurisdictions where it may be legit for them to open an offshore account!
I'm not familiar with banking in Bahamas but it looks attractive to me.
I'm looking at these guys:
Cornèr Bank (Overseas) Limited
308, East Bay Street
P.O. Box N-7134
Tel. + 1 242 394 4977
Fax + 1 242 394 5264
Cornèr Bank Group
e-mail: [email protected]