Skip to content

Comment on We set up an offshore company in a tax havenparent

Comments

Hire a local accountant and tax lawyer and they will tell you how. When I set up my business I had the accountant and lawyer discuss set up options. They were going through share structure etc and providing examples of how to take advantage of things to lower my taxes. I made an offhand joke about setting something up off shore and the lawyer flatly said "You need to make $xxx in revenue before that is worth while". It was somewhere around 2 - 3 Mil.

I'm not rich, that meeting cost me $1200 and the outcome was a legal document incorporating my company with all the different things we discussed.

I can not imagine what is available once you hit the 3 million mark and beyond.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.