Back when I started my hosting company I didn’t think much about tax liabilities and how important it is to plan ahead. I didn’t inform myself much about book keeping either and after a few years of steadily expanding my business I reached a point when I had to deal with both problems.

I did some research and at the end decided to deal with taxation and accounting in a way that many of my business partners didn’t even consider: Moving my internet company offshore.

Now that might sound a bit strange and more like an adventure to some of you, but today after everything is done I can say that it was one of the best business plans I’ve ever made.

Stateside Finance helped me forming the tax free company and opening a bank account with a respected and well-known financial institution in an offshore jurisdiction. Again, when most people hear offshore tax haven they right away think of tax fugitives and money laundering but little do they know how many advantages an offshore jurisidiction really has to offer.

Quite literally bank, insurance, international corporation and even governments run companies in offshore tax haven. Mainly for tax purposes but also to do business internationally in a simple and confidental way.

I incorporated my company in the British Virgin Islands for under $1900 and moved the company offshore. Stateside Finance guided me through the whole process and believe it or not I didn’t even had to leave my office desk.

Now I don’t have to worry about taxes or accounting or even company liability; moving my company offshore resolved all these problems once and for all.

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