Thread: Going Offshore
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Old 08-18-2003, 07:19 AM  
diesel
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Join Date: Jan 2001
Location: Amsterdam
Posts: 1,097
Quote:
Originally posted by Sarah - GSS
In Canada, which I'm sure works very similar to the U.S., the government taxes 100% of your worldwide income if you are a resident of Canada for 183 days in the year. Setting up your business offshore is legal in itself, but keep in mind you are still "required" to pay taxes on your income in the country which you reside.

Is it possible to open company in Canada while not being a residence/citizen of the country ?
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