In the country I live you are allowed to incorporate offshore as a long the reason you are doing it is not to ONLY avoid or deffer taxes but you must have other legitimate reasons as well
In my case I'm already following that guideline since the original purpose I set this up was to avoid the reporting nightmares the tax laws of my country imposes(you need to report EVERY profitable transaction during the year, you are also not allowed to deduct losses if the investment or trade was made abroad)
But I'm thinking of going a step further and setting up an website and offering consulting services or selling guides or other services to show this is not to JUST avoid taxes(because it isnt, I will lose money due the fees to incorporate and time in the short-run)
but I wonder if somebody has other ideas
In my case I'm already following that guideline since the original purpose I set this up was to avoid the reporting nightmares the tax laws of my country imposes(you need to report EVERY profitable transaction during the year, you are also not allowed to deduct losses if the investment or trade was made abroad)
But I'm thinking of going a step further and setting up an website and offering consulting services or selling guides or other services to show this is not to JUST avoid taxes(because it isnt, I will lose money due the fees to incorporate and time in the short-run)
but I wonder if somebody has other ideas