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IANAL, but your obligations for corporate tax payment depend on where you incorporate as a business. If you are planning to do a significant amount of internati
by trevelyan 18y ago
IANAL, but your obligations for corporate tax payment depend on where you incorporate as a business. If you are planning to do a significant amount of international business you may want to register your company in a locale like Hong Kong which only requires taxes paid on local sales.
The downside to registering a company internationally is that it is a massive pain in the ass to set up payment processor systems, create corporate accounts and handle paperwork. Especially if you have to deal with US banks and payment processors. Many will just refuse to support non-American businesses. Also bear in mind if you own a majority share in your business you may need to pay personal taxes on any company profits even if the company is registered abroad.