Hi,
I want to start a business to sell products on Ebay and/or Amazon (via dropshipping to start). I live in a high tax country (France) and want to go offshore for my business and myself. For my business, I think Seychelles is great.
Now with Paypal geo-restricting users, do you think it's good idea to move to Seychelles as well to manage the company ? Is there an offshore juridiction, in tax terms, that is both great for the company and for the person/manager (no/minimal tax on foreign-source income/dividends for residents) ? Do you think I shouldn't go crazy with this "paypal thing"? If so, what country would be good to manage an offshore company to reduce income/dividends tax as well ?
I don't want to sound illegal or anything, but, as a startup entrepreneur, I'm just trying to be as cost effective as possible to succeed.
Thanks in advance.
I want to start a business to sell products on Ebay and/or Amazon (via dropshipping to start). I live in a high tax country (France) and want to go offshore for my business and myself. For my business, I think Seychelles is great.
Now with Paypal geo-restricting users, do you think it's good idea to move to Seychelles as well to manage the company ? Is there an offshore juridiction, in tax terms, that is both great for the company and for the person/manager (no/minimal tax on foreign-source income/dividends for residents) ? Do you think I shouldn't go crazy with this "paypal thing"? If so, what country would be good to manage an offshore company to reduce income/dividends tax as well ?
I don't want to sound illegal or anything, but, as a startup entrepreneur, I'm just trying to be as cost effective as possible to succeed.
Thanks in advance.