Delware setup, can this work?

Status
Not open for further replies.

max4

New Member
Oct 27, 2020
17
0
36
Hi there,

I have an ecommerce business operating in the US (all my sales is here), but I controlling my business from Easter Europe (I live there right now).
I thinking about creating a Delaware corporation and all my sales will be accounted for that company. I also create a company where I live right now that will provide "human resource" for the Delaware company.
Since all my sales in the US can this give enough substance for the Delaware company ? Can this setup work?
 
If you search the‍ forum (using google) like this:


Code:


site:offshorecorptalk.com company substance



then you quickly will find tons⁠ of other threads similar to your question. Substance means that you have a real office,⁤ real humans and computers in that office in the country you operate, otherwise any tax⁣ office on this planet will refuse to accept it.

Even with a company WITH substance⁢ you will need to be prepared for a lot of questions, you want to speak︀ with a tax lawyer before you do more, it is really important to learn what︁ substance means and how you can setup such a thing.
 
Thanks, for the answer. I read through every single topic I︀ could find. Now I have a better understanding what subtance means for a company. I︁ was actually talking to a local tax advisor who said I needed to do an︂ American LLC to do this, but she is specalized in local tax laws, not an︃ expert in this matter.
Any suggestion for a tax lawyer that could help me out?︄

Just to make sure services like Virtual office + Nominess have chance to solve this?︅
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu