Off Shore Company Solution if Business Activity is Illegal in Resident Country

[daniels27]

Yes. If he wrote that initially, I would have reported the discussion and told him to call the county jail for a test stay. Especially in combination with him being resident in Australia.

 

[CyprusLawyer101]

CyprusLawyer101 said:
To be clear, I havent analysed the legislation to identify the boundaries of legality and accompanying risks. However, why wouldn't you operate this business to another country where it is fully legal and/or you don't have residency?
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Is it possibly because some sort of local operation would be carried out by yourself in Australia ? I would think so. Alternatively, if you believe in the product and not much of local involvementbis necessary, go to another country where there are no such legal boundaries and do it there.

 

[Houdini]

Seen alot of illegal stuff sold and send from Sweden, it's like it is less regulated there or something, I don't know.

 

[brianK]

Keefington said:
Hey OCT,

If a business activity is illegal in Country A (resident country) but perfectly legal in Country B (offshore jurisdiction) will I be removed of liability?

For example if the sale and advertisement of Coffee was illegal in Country A could I incorporate in Country B and sell products through this offshore jurisdiction. All stock would be held in the offshore jurisdiction but products would be advertised and shipped to Country A (assume no customs issue).

What are the chances of the corporate veil being pierced and being prosecuted myself in this case?

Can someone point me in the direction of legal advice/consulting that would be helpful in this case?
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If you can setup your company in places like Seychelles or Belize or Mexico you won't get much problems with anything that is illegal in your home country.

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Winners never quit and quitters never win....

 

[aage]

Keefington said:
Hey OCT,

If a business activity is illegal in Country A (resident country) but perfectly legal in Country B (offshore jurisdiction) will I be removed of liability?

For example if the sale and advertisement of Coffee was illegal in Country A could I incorporate in Country B and sell products through this offshore jurisdiction. All stock would be held in the offshore jurisdiction but products would be advertised and shipped to Country A (assume no customs issue).

What are the chances of the corporate veil being pierced and being prosecuted myself in this case?

Can someone point me in the direction of legal advice/consulting that would be helpful in this case?
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depends on what country A is and how you define illegal. If they can make a connection to you and the company in country B and they go after it, they will get you shut down.