Hey guys, despite hours spent reading about setting up a business/banking in various offshore locations, I'm still not sure what to do. Hoping someone here can help.
I have a US-based LLC (disregarded entity) for my websites (affiliate marketing).
The offshore company would act as a holding company for my affiliate payments. I do a lot in gaming. So some programs pay in bitcoin, which I'm also afraid will raise red flags with the IRS and my local bank if I were to sell and transfer it.
So the goal would for the affiliate commissions to go to the offshore company's account and then that company pays my US company $x,xxx/month for advertising/marketing services.
Needs:
-Close to 0% taxes and minimal reporting requirements
-As anonymous as possible
-Can be set up and managed remotely (I have the ability to travel somewhere in person if necessary, but it's not ideal)
I won't need a merchant account or Paypal.
Thanks in advance.
I have a US-based LLC (disregarded entity) for my websites (affiliate marketing).
The offshore company would act as a holding company for my affiliate payments. I do a lot in gaming. So some programs pay in bitcoin, which I'm also afraid will raise red flags with the IRS and my local bank if I were to sell and transfer it.
So the goal would for the affiliate commissions to go to the offshore company's account and then that company pays my US company $x,xxx/month for advertising/marketing services.
Needs:
-Close to 0% taxes and minimal reporting requirements
-As anonymous as possible
-Can be set up and managed remotely (I have the ability to travel somewhere in person if necessary, but it's not ideal)
I won't need a merchant account or Paypal.
Thanks in advance.