USVI EDC program

[JohnnyDoe]

Anyone with experience and advice on it? The 2.31% tax rate is very appealing

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[TheCryptoAnt]

https://www.usvieda.org/residents/grow/edc-tax-incentives/edc-eligibilityNot bad. Although you have to employ 10 locals.

No experience from my side sorry.
US banking is an option I can imagine, so it looks good if you can fulfill the requirements.

 

[Houdini]

TheCryptoAnt said:
Not bad. Although you have to employ 10 locals.
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What would be the costs for such 10 locals? what use would you have for them?

 

[TheCryptoAnt]

I'mRobot said:
What would be the costs for such 10 locals? what use would you have for them?
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No idea really. I assume they'll be on the cheaper side of the American spectrum tho.

Not useful for me as Im a one man operation.

 

[JohnnyDoe]

what about dividends?

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