Offshore Company for Online Business

[onofftronic]

kim said:
and you can take out the money as you like it will not care anyone what you are doing and you are doing so.
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Is it the same if the company is incorporated in Cyprus?

 

[JohnLocke]

Not really, in Cyprus you will need to have the receipts of the money you spend for the annual report, it's not that strict but still it will be to much trouble.

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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.​

 

[frostboss]

Best is to use real offshore ibc so you don't have to worry about accounting.

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