Panama v Belize or ? for US eCommerce biz, residing in Latam

[jv88]

Background, living temporarily in US with eCommerce business - relocating, probably to Paraguay soon, and will be conducting US biz 'offshore'.
Is setting up IBC in Panama or Belize still a good option (residing in Paraguay or similar latam country) or is it better somewhere else, even Dubai? IBC location needs to have good Intl banking options.

 

[MVD]

jv88 said:
Background, living temporarily in US with eCommerce business - relocating, probably to Paraguay soon, and will be conducting US biz 'offshore'.
Is setting up IBC in Panama or Belize still a good option (residing in Paraguay or similar latam country) or is it better somewhere else, even Dubai? IBC location needs to have good Intl banking options.
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Uruguay SAS can be a good option. 0% tax for non UY income if you are non resident of UY or 10.5% if you reside in UY.

 

[jv88]

MVD said:
Uruguay SAS can be a good option. 0% tax for non UY income if you are non resident of UY or 10.5% if you reside in UY.
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Thanks, I'll check it out.

 

[kilor]

MVD said:
Uruguay SAS can be a good option. 0% tax for non UY income if you are non resident of UY or 10.5% if you reside in UY.
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very good advise actually. If Panama does not work for some Uruguay may be the next country to try.

 

[SoNewToAllShit]

anytime I would choose Panama if you're going to do business in the US - Belize is not working any longer only trash business using belize.

 

[burden]

MVD said:
Uruguay SAS can be a good option. 0% tax for non UY income if you are non resident of UY or 10.5% if you reside in UY.
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I looked into it, but can this be used for simple trading company say online business?

 

[Clank]

Why not use a US LLC?

It's the cheapest option.

 

[JackAlabama]

jv88 said:
Background, living temporarily in US with eCommerce business - relocating, probably to Paraguay soon, and will be conducting US biz 'offshore'.
Is setting up IBC in Panama or Belize still a good option (residing in Paraguay or similar latam country) or is it better somewhere else, even Dubai? IBC location needs to have good Intl banking options.
Click to expand...

i would stick to us entities if already phsically present in usa including a visa.