Living in Thailand , Which Jurisdiction is best for company registration except Dubai ???

[TheCryptoAnt]

StuartG said:
I have operated this way for several years and all income is correctly filed and audited; I have no problems with ACRA or IRAS or anyone else. As I said before, the setup I recommend works perfectly but do your own research and due diligence
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Can you explain what is it that you do pls?
Like how are you paying 0 in a non-capitalgains situation?

This is very foreign for most of us.

 

[fshore]

StuartG said:
I have operated this way for several years and all income is correctly filed and audited; I have no problems with ACRA or IRAS or anyone else. As I said before, the setup I recommend works perfectly but do your own research and due diligence
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Did you initially contact IRAS and got a statement that your income is not subject to tax?
You wrote that you're income was audited (which is not compulsory in SG), did you mean a IRAS audit, or an audit by an auditor?

 

[waykooksaram]

US LLC in Nevada or South Dakota as long as you do not have any US situs assets and do not have US-based income there is no US tax. The US does not participate in CRS.

 

[disconnected]

bigdaddyleon said:
Personally, I think the US LLC is the simplest option.
It is one of the cheapest & is also not on any blacklist of the EU (if customers are available there).
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It definitely is the simplest and cheapest option. I just don't like having to file documents with the US tax department.

waykooksaram said:
US LLC in Nevada or South Dakota as long as you do not have any US situs assets and do not have US-based income there is no US tax. The US does not participate in CRS.
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Could affiliate and advertising income be counted as US-based if you never step a foot in the US but 70% of web traffic is US?

waykooksaram said:
US LLC in Nevada or South Dakota as long as you do not have any US situs assets and do not have US-based income there is no US tax. The US does not participate in CRS.
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Why those particular states? I thought New Mexico and Wyoming were recommended more.

 

[orangekangaroo]

disconnected said:
Could affiliate and advertising income be counted as US-based if you never step a foot in the US but 70% of web traffic is US?
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No.

 

[waykooksaram]

disconnected said:
It definitely is the simplest and cheapest option. I just don't like having to file documents with the US tax department.


Could affiliate and advertising income be counted as US-based if you never step a foot in the US but 70% of web traffic is US?


Why those particular states? I thought New Mexico and Wyoming were recommended more.
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I would research more and talk to a US tax expert that specializes in dealing with offshore issue.. South Dakota is well know for their privacy protections. When I researched it South Dakota, Nevada, New Mexico and Wyoming are consider good locations for a LLC.

 

[bastard]

New Mexico, Wyoming and Nevada have been discussed here a lot of times. You may use the search field or do a google search on the forum.
put this in Google
Code:
site:offshorecorptalk.com new mexico llc

 

[StuartG]

fshore said:
Did you initially contact IRAS and got a statement that your income is not subject to tax?
You wrote that you're income was audited (which is not compulsory in SG), did you mean a IRAS audit, or an audit by an auditor?
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I don't look for problems and generally "stay under the radar" whilst complying with all relevant laws rules and regulations and submitting accurate tax returns and other filings, some of which are subject to audit (and some not)

TheCryptoAnt said:
Can you explain what is it that you do pls?
Like how are you paying 0 in a non-capitalgains situation?

This is very foreign for most of us.
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I have explained what I do in this thread; the rest is up to you. Do your own research and due diligence

 

[avalanche]

bigdaddyleon said:
Personally, I think the US LLC is the simplest option.
It is one of the cheapest & is also not on any blacklist of the EU (if customers are available there).
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Won't there be any problems finding a decent bank account? If I understood correctly, most EMIs and banks outside of the US won't even touch US LLC with a 5 meter stick 😀

 

[bigdaddyleon]

avalanche said:
Won't there be any problems finding a decent bank account? If I understood correctly, most EMIs and banks outside of the US won't even touch US LLC with a 5 meter stick 😀
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I don't think there should be problems, as long as your business is legal

 

[bonox]

avalanche said:
Won't there be any problems finding a decent bank account? If I understood correctly, most EMIs and banks outside of the US won't even touch US LLC with a 5 meter stick 😀
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There are plenty of EMI's that would take on US LLC's - check my signature, made a simple guide with details on where and how to get this setup.