|
Offshore Internet Business Secrets
Did you know that the online commerce business is the only business which allows a small time entrepreneur to work anywhere he or she chooses in the world with very little investment and still make money online?
The internet is such an amazing invention that has made billionaires of many young people still in their 20's.
I have the internet to thank for meeting my wife in brazil, for living in brazil for 5 years straight.
Had it not been for the internet business I first started in 1999 I would probably never have visited brazil for the long stay and then just decided to stay here. Had I been making high 5 figures monthly I may have chosen hawaii, spain or bermuda. I had no ties in canada my homeland , no kids or wife there so it was easy but even those with families can take advantage of the online business freedom.
You see, online business allows you to live anywhere you want where there is an internet connection and a means for you to receive money. Those are the only requirements for your online business, assuming of course you are not dealing with physical goods to ship and receive. However there are many online entrepreneurs that never ever see any product but merely sell products and services of others.
Did you know that a very large portion of fortune 500 companies have an IBC or an International Business Company registered offshore? Well did you know that as a online website owner you too can have an IBC?
All smart online entrepreneurs should open an IBC for the following reasons:
1. Complete privacy of online income from your local government
2. Complete asset privacy and protection from your local government
3. 0% income tax and 0% tax on anything you buy or sell through the IBC
So lets do the math. If you are earning a modest 5k per month profit from your online business you keep all 5k as opposed to 4k or 3k.
The regulations of IBC abroad such as in Panama have strict secrecy and privacy laws so your local government has no way of knowing you own an IBC and if you host your online business offshore they have no way of knowing how much you make or which website you own either.
The perfect combination with an IBC (International Business Company) is an offshore hosting service. The USA , Canada, Europe have no jurisdiction in offshore countries such as Panama or Hong Kong so your website activity remains out of the hands of your local government. Your offshore business, and hosting is completely secure and safe from greedy governments.
The server does not need to be in the same country as your IBC.
Owning an IBC for the average european, american, canadian etc. has further advantages. The IBC can purchase property, real estate, goods and services anywhere in the world. The trick is to purchase expensive things in the name of the IBC because this way the owner or owners of the IBC (you) are not exposed. Again, your local government has no way of knowing you are the property owner of so and so real estate. The IBC information is not released to anyone except local law inforcement of the same country.
So infact you can purchase a house in the name of the IBC and live in it as renter.
The IBC can also provide you the employee with an expense account such as dining, car, air expense, client entertainment expense, office rental, office equipment, etc... All fairly standard accounting tricks for business however because of the secrecy laws of the IBC this benefits you much more. No one knows you own all these things and no one knows you own the IBC, unless you tell them.
Opening up an IBC can be easily done over the internet for a few hundred dollars and offshore hosting is just like any other hosting registration. For those just starting their online making business it may seem overkill to do all this, however in my opinion if you reach 5k per month of profits you should seriously consider the advantages of going IBC and offshore hosting.
|
