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the state of nevada doesnot require residency to incorp ... it does not require citizenship to incorp.. it doesnt require declaration of officers..; shares announcement nor minutes of meetings. You just need a resident agent they will provide the address and telephone number ... for a fee.
filing off shore as a canadian.. usually sents up a flag with rev canada.. unless your making upper six figures.. its not worth it. why?
if your audited.. and they will say your income is world income, it would be converted from the currency of the current ie euros into cad and you will be required to pay tax on that new sum plus on the interest made on the account and the on conversion profit.
I would you consider speaking to accountants that specialize in this sort of stuff like enerst and young. People here on gfy are smart but you need to hear it from a licensed accountant.. that way.. if your audited.. you will have some weight say .. cpa mr black informed me of.... vs.. yeah the guys on a porn webmaster site said this.
I gave up my offshore stuff years ago ( isle of man) nice tax haven.
but you paid a high premium for their services.. ie.. low interest rates for certain currencies or small sum dep.. ie less than 50k
the nevada corp is a good way to go.. according to us can tax. treaty
as long as you file a tax return on one side of the border.. the other country is fine with it.. ie.. file canada.. its okay with the us.. file usa and canada is good with it.
advantages for filing in the usa.. less tax.. more deductions for a biz.. and far more advantages to take.. and easy access to you account.
most offshore accounts dont sent a month statement .. for multiple reasons..
so be wise.
as for the ozzie.. try vanatu island.. i understand that they are a tax haven.. and offshore friendly. otherwise.. i would say.. the same thing.. nevada.
how it helps
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