Hi all!
Would like to ask for some advice on the most tax-advantaged setup for my company.
Currently i run a e-commerce business with revenues of 10k a month and scaling fast. Projected 20-30k/mo in 3-4 months time. Customers pay mostly Paypal, but Paypal is not a must. I am fine with transitioning to using cc/debit invoicing.
I reside in the US and hold both US and Chinese passports. From reading the forums, i am thinking:
1.) Belize/St Kitts Incorp
2.) Cyprus bank account?
3.) 2Checkout
What countries support 2checkout? What other payment processors work and what offshore jurisdictions are they effective in. What kinds of documentation would i need. Finally, what further advantages do i gain from holding a foreign passport.
Thanks in advance for any advice. Would someone also advise me if such a solution is already present in the Mentor Groups?
Thanks in advance
Kiedeerk
Would like to ask for some advice on the most tax-advantaged setup for my company.
Currently i run a e-commerce business with revenues of 10k a month and scaling fast. Projected 20-30k/mo in 3-4 months time. Customers pay mostly Paypal, but Paypal is not a must. I am fine with transitioning to using cc/debit invoicing.
I reside in the US and hold both US and Chinese passports. From reading the forums, i am thinking:
1.) Belize/St Kitts Incorp
2.) Cyprus bank account?
3.) 2Checkout
What countries support 2checkout? What other payment processors work and what offshore jurisdictions are they effective in. What kinds of documentation would i need. Finally, what further advantages do i gain from holding a foreign passport.
Thanks in advance for any advice. Would someone also advise me if such a solution is already present in the Mentor Groups?
Thanks in advance
Kiedeerk