Our valued sponsor
best offshore country in 2024 to be protected from legal action in USA and Europe?
- Thread starter CyberCommander
- Start date
I am not a criminal. I run an online store and sell products in Germany and USA. In these countries, there is a good chance that you will be sued because you made a mistake on the website or a product is damaged and you have to pay compensation to the buyer that you cannot cover with insurance.
It is indeed very simple; that is why one sets up a company, to limit liability in their business. Should such a problem arise or even a lawsuit come out of it, you close the company, and those suing you for such matters can look up in the directory for some compensation.
For this purpose, I would set up a company, for example, in the Seychelles as a front company and then conduct all settlements in a company behind it, for example, a UK LTD, as long as it is still easy and inexpensive to do so.
For this purpose, I would set up a company, for example, in the Seychelles as a front company and then conduct all settlements in a company behind it, for example, a UK LTD, as long as it is still easy and inexpensive to do so.
US doesn't usually adhere to Limited Liability in cases...
See all the regulatory actions, they bypass and name the owner/ceo/ etc as one of the counterparties in their cases.
It might be so, but they cannot enforce American law in, for example, England, meaning one would need a local court in England to issue the same verdict as in the USA if we assume that he is being sued from there. Therefore, it is quite straightforward and simple.
For certainty then Russia or Iran
If your seeking a legal entity then you can also get tax advantages if you open up in one of the Russian Special economic zones or Iranian Freezones.
For example:
Russian -> Special economic zone «Innopolis»
Iran -> Arvand Free Zone Organization – Arvand Free Zone , IRAN
Thank you for sharing this!For certainty then Russia or Iran
If your seeking a legal entity then you can also get tax advantages if you open up in one of the Russian Special economic zones or Iranian Freezones.
For example:
Russian -> Special economic zone «Innopolis»
Iran -> Arvand Free Zone Organization – Arvand Free Zone , IRAN
This only happens in rare cases, after a few warnings and if you have 1000+ complaints.
Go and shake hands with Putin, that may be your best protection against any law suite.
As far as I read, Russia is not for beginners not even you just want to setup a company.
As far as I read, Russia is not for beginners not even you just want to setup a company.
how would you go about to establish your self in Russia without risking your life?
@jafo Not a joke. I am for real. It is a thing. I also know such a company in the US - they serve world wide. They are stealth to point you can't recognise them as bodyguards. They blend with crowd.
No one will touch @Martin Everson tho
I believe you. It's also funny AH.@jafo Not a joke. I am for real. It is a thing. I also know such a company in the US - they serve world wide. They are stealth to point you can't recognise them as bodyguards. They blend with crowd.
No one will touch @Martin Everson tho
Similar threads
Latest Threads
-
What would happen to your business if you stayed in your home country?- Started by yngmind
- Replies: 1
-
-
Anyone have thoughts on best ways to hedge crypto positions / profits?- Started by Nigital Domad
- Replies: 11
-
What Are the Most “Flexible” Countries for Citizenship with Low Tax Systems?
- Started by gatrader
- Replies: 24
-
Seeking co-investor on investment property short-term flip
- Started by vincepryorbusiness
- Replies: 0
