Solid jurisdiction for legal online business and banking

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proples

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Aug 28, 2018
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I am looking for a jurisdiction with the following qualities:

- 0% Tax
- Reputable (so that I can open bank accounts worldwide etc)
- Easy to incorporate and easy to maintain
- Not too expensive

Any ideas?
 
Without mentioning your business activity you would not get an answer that specifically suits your needs. There are a couple of countries that meet the criteria you mentioned, but that doesn't mean they are suitable. Different laws apply and depending on your business activity certain 0% tax jurisdiction might not be possible.
 
proples said:
I am looking for a jurisdiction with the following qualities:

- 0% Tax
- Reputable (so that I can open bank accounts worldwide etc)
- Easy to incorporate and easy to maintain
- Not too expensive

Any ideas?
Click to expand...
Your banking is limited to EMI account's only unless you are able to provide a business description and your business can fall in under the rules as per the below, then you will be able to open a Cyprus bank account: Quick update for Offshore company and Cyprus bank account opening Aug 2018

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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
 
proples said:
- Reputable (so that I can open bank accounts worldwide etc)
Click to expand...

No one jurisdiction is universally accepted by banks around the world.🙁 Reputation of a jurisdiction is meaningless to banks. They have geographical focus and compliance as their primary concerns.

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Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
rsa pgp said:
Without mentioning your business activity you would not get an answer that specifically suits your needs. There are a couple of countries that meet the criteria you mentioned, but that doesn't mean they are suitable. Different laws apply and depending on your business activity certain 0% tax jurisdiction might not be possible.
Click to expand...

I flip websites and domain names.
 
proples said:
I am looking for a jurisdiction with the following qualities:

- 0% Tax
- Reputable (so that I can open bank accounts worldwide etc)
- Easy to incorporate and easy to maintain
- Not too expensive

Any ideas?
Click to expand...
It's not going to work without darks! even then it's going to be a lot of work for you to get this setup done! You need either to spend a lot of time on each part of your setup that this would include or find someone that has the experience to help you with such setups! I'm not the right one.

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khan said:
It's not going to work without darks! even then it's going to be a lot of work for you to get this setup done! You need either to spend a lot of time on each part of your setup that this would include or find someone that has the experience to help you with such setups! I'm not the right one.
Click to expand...

Thank for your reply. Why would I need darks?
 
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