Topic: FAO: International Business Owners of Minichan

Anonymous A started this discussion 11 years ago #41,304

So, I have several businesses in several countries around the world. I am considering consolidating them all as subsidiaries of one main business. In order to do so, I need to find a location for the legal (and probably actual) headquarters. I am considering Nassau, Bahamas because it has no income or corporate tax, and because it is free from the greedy hands of the US. I would run the worldwide subsidiaries from Nassau. Is this a good idea?

Anonymous B joined in and replied with this 11 years ago, 5 minutes later[^] [v] #549,124

pay your taxes matt

Anonymous C joined in and replied with this 11 years ago, 12 minutes later, 18 minutes after the original post[^] [v] #549,131

@OP
schtick

Anonymous D joined in and replied with this 11 years ago, 6 hours later, 6 hours after the original post[^] [v] #549,180

@549,124 (B)

> pay your taxes matt

DasSheeple joined in and replied with this 11 years ago, 1 minute later, 6 hours after the original post[^] [v] #549,181

Even tho shtick... Hong Kong.

Anonymous F joined in and replied with this 11 years ago, 35 seconds later, 6 hours after the original post[^] [v] #549,182

@previous (DasSheeple)
Not schtick. Why Hong Kong?

Anonymous G joined in and replied with this 11 years ago, 1 hour later, 8 hours after the original post[^] [v] #549,198

@549,124 (B)
This

@549,180 (D)
That

DasSheeple replied with this 11 years ago, 8 minutes later, 9 hours after the original post[^] [v] #549,202

@549,182 (F)
Because it takes less than 1500ish USD including travel cost to set everything up, 0% tax on transactions outside HK etc. etc...

Anonymous F replied with this 11 years ago, 3 minutes later, 9 hours after the original post[^] [v] #549,203

@previous (DasSheeple)
But what about taxes, and cost of living, compared to the Bahamas?

DasSheeple replied with this 11 years ago, 9 minutes later, 9 hours after the original post[^] [v] #549,207

@previous (F)
You mora, just cause your company is there doesn't mean you'll live there. You stay wherever the fuck you want.

Anonymous F replied with this 11 years ago, 9 minutes later, 9 hours after the original post[^] [v] #549,212

@previous (DasSheeple)
But what if I want to live where the headquarters are?

Metæ joined in and replied with this 11 years ago, 44 minutes later, 10 hours after the original post[^] [v] #549,242

Why not Rwanda? They have taxes but I'm sure the officials can be persuaded to look the other way for a nominal fee.

Anonymous F replied with this 11 years ago, 7 minutes later, 10 hours after the original post[^] [v] #549,246

@previous (Metæ)
Actually, modern Rwanda under President Paul Kagame, is a model of non-corruption. In the post-genocide years, Rwanda has remodeled itself as a very upright nation with clear, fair laws.