Off Shore Company Solution if Business Activity is Illegal in Resident Country

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Yes. If he wrote that initially, I would have reported the discussion and told him to call the county jail for a test stay. Especially in combination with him being resident in Australia.
 
Reactions: drysponge
To be clear, I havent analysed the legislation to identify the boundaries of legality and accompanying risks. However, why wouldn't you operate this business to another country where it is fully legal and/or you don't have residency?
Is it possibly because some sort of local operation would be carried out by yourself in Australia ? I would think so. Alternatively, if you believe in the product and not much of local involvementbis necessary, go to another country where there are no such legal boundaries and do it there.
 
If you can setup your company in places like Seychelles or Belize or Mexico you won't get much problems with anything that is illegal in your home country.
 
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