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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Confirmed User
Industry Role:
Join Date: Aug 2004
Location: Europe
Posts: 1,025
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Cyprus company, why?
I see a few porn sites registered to cyprus, why is this? I notice quite a lot actually, and a lot in uk too
Im based in uk too, not made a company yet but someone suggested making one in cyprus, any idea why? I mean as long as Im based in .uk, I will always have to pay income tax no matter what |
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#2 |
Too lazy to set a koala
Industry Role:
Join Date: Jan 2007
Location: CZ/EU forever!
Posts: 16,139
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because lemon
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#3 |
Confirmed User
Join Date: Oct 2002
Location: netherlands
Posts: 248
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for the taxes
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#4 |
Industry Role:
Join Date: Aug 2001
Posts: 63,151
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#5 | |
Confirmed User
Industry Role:
Join Date: Oct 2005
Location: + ENGLAND
Posts: 499
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Quote:
Limassol is said to be the Russian capital of cyprus, it's no shock to learn that some of them could be adult webmasters. |
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#6 |
So Fucking Banned
Industry Role:
Join Date: Dec 2010
Posts: 1,176
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they are SCARED.
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#7 |
Confirmed User
Join Date: Feb 2007
Location: Sweden
Posts: 5,623
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~10% taxes.
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#8 |
Videochat Solutions
Industry Role:
Join Date: Aug 2004
Location: Canada
Posts: 48,554
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Ask a good accountant or tax lawyer and they will explain it to you. The best reason is to help you to be Tax efficient.
Various locations around the world have different tax laws. For example, if you are a hosting company in Quebec, you are forced to charge GST and PST (15%) to your customers world wide. If those customers are business owners they can get those taxes back but doing so is a serious headache. There are ways to have your Internet based business setup legally that saves you taxes. It's best to consult a tax lawyer on this to help you get setup properly.
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