Quote:
Originally Posted by epitome
That depends on where you are. If you're in the US there are passthrough entities where your "corporate tax" would be zero.
Going offshore makes sense for about 0.00001% of companies.
If you're in the US and plan on paying all of your taxes, there is likely nothing that Bahamas can offer that a domestic LLC or S-corp cannot.
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I'm not located in US but in Europe. As far as I have read Bahamas offer zero taxation and 0.75% fee when company income goes over $500.000. I don't plan to take all the money from company just small amounts that I need (for that I need to pay income tax only in my country).
Am I missing something?