What kind of business would you launch from a low tax country?

[A2xTrad]

Hi guys, I live in Andorra, which has basically no taxes. I have 2 businesses in trading algorithms developments and web-marketing.
I have a lot of free time so I'm thinking about taking advantage of low taxes here to launch another business. What kind of business do you have in mind?

What business can I launch that would have a competitive advantage immediately from low tax rate?
Financial services? Company setup services? Other?


Thank you

 

[daniels27]

I would say, it mainly depends on your qualifications. But if you are a good developer, you may start some SaaS business, web shop, etc.

 

[Sols]

What are you good at? What do you enjoy doing?

Do that.

 

[Marzio]

I have a lot of free time

Start a youtube channel called [yourname]inAndorra where you show Andorra.

I don't mean sitting in front of a webcam and talking. I mean making vlogs where you document your environment.

You will naturally attract people that want to know more about Andorra and the only people that want to know more about Andorra are the ones that are thinking about moving there so you can quickly build a relocation business, company registration services.

People that are considering relocating to Andorra want to know everything beforehand so you show them in your vlogs (weather, food, people, sports, anything could be a topic.

Right now you have zero competition.

 

[marioIT]

Start a youtube channel called [yourname]inAndorra where you show Andorra.

I don't mean sitting in front of a webcam and talking. I mean making vlogs where you document your environment.

You will naturally attract people that want to know more about Andorra and the only people that want to know more about Andorra are the ones that are thinking about moving there so you can quickly build a relocation business, company registration services.

People that are considering relocating to Andorra want to know everything beforehand so you show them in your vlogs (weather, food, people, sports, anything could be a topic.

Right now you have zero competition.

this. Make Andorra Great Again!

 

[void]

Start a youtube channel called [yourname]inAndorra where you show Andorra.

I don't mean sitting in front of a webcam and talking. I mean making vlogs where you document your environment.

You will naturally attract people that want to know more about Andorra and the only people that want to know more about Andorra are the ones that are thinking about moving there so you can quickly build a relocation business, company registration services.

People that are considering relocating to Andorra want to know everything beforehand so you show them in your vlogs (weather, food, people, sports, anything could be a topic.

Right now you have zero competition.

this is actually a pretty good advice - ambitious people (often with lack of capital to start new business) don't realize that their orientation in local environment, culture and problems is usually the biggest value they have - one has to learn mediocre English and then offer this knowledge to the right target group

 

[uplana]

I don't mean sitting in front of a webcam and talking. I mean making vlogs where you document your environment.

that is a very good idea. Something like @peter taradash has done, you are younger so you can put a little more action in it maybe.

 

[JohnnyDoe]

Start a youtube channel called [yourname]inAndorra where you show Andorra.

I don't mean sitting in front of a webcam and talking. I mean making vlogs where you document your environment.

You will naturally attract people that want to know more about Andorra and the only people that want to know more about Andorra are the ones that are thinking about moving there so you can quickly build a relocation business, company registration services.

People that are considering relocating to Andorra want to know everything beforehand so you show them in your vlogs (weather, food, people, sports, anything could be a topic.

Right now you have zero competition.

Also build a website (contact @Laid Back Llama), buy a banner on OCT, and give @Marzio a 5% commission on your profits.

 

[Martin Everson]

I have a lot of free time so I'm thinking about taking advantage of low taxes here to launch another business. What kind of business do you have in mind?

Kebab shop

 

[uplana]

Also build a website (contact @Laid Back Llama), buy a banner on OCT, and give @Marzio a 5% commission on your profits.

awesome...

Kebab shop

why not, not easy turning into an online shop.