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Old 10-09-2010, 04:32 AM   #101
Matyko
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Isn't Ireland still good for corporations?
True, but weather/climate is uber-crap
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Old 10-09-2010, 05:30 AM   #102
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Germany is no fun for running adult websites.
If you are incorporated in Germany and target the German audience, you need to add age verification to your adult site. And that age verification is a nuisance! I'm not talking about an age dropdown box. You need to use an external service for age verification.
Or offer a softcore tour.
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Old 10-09-2010, 05:49 AM   #103
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Thanks for info
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Old 10-09-2010, 05:10 PM   #104
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Dubai has a classic business environment but obviously not for adult webmasters.

I'd love to hear the suggestions too.
I would stay away from places where you can get the death penalty for running a porn site.
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Old 10-09-2010, 05:39 PM   #105
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I would suggest staying put. Earn more money, and taking more holidays with your work by your side
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Old 10-09-2010, 10:55 PM   #106
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I'd recommend these options:

1. Setup a presence in Monaco for tax-free status, but actually live outside Monaco borders in southern France, much cheaper. Or something similar with Andorra if you like skiing.

2. Dubai - a warm place during winters, but you have to use encryption for hard drives and internet connection to avoid trouble. Though the tax-free zone is completely different rules from rest of Dubai.

3. Caribbean Islands - tax-free, very inexpensive, safe. Or Mexico/Belize like someone suggested, but away from the border area.

All of these options "work" equally well, I'd recommend traveling and trying each to see what you like most.

Being in our business and permanently living in a taxed or "low"-taxed country is not smart - tax-free all the way!

Last edited by SeniorX; 10-09-2010 at 10:57 PM..
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Old 10-09-2010, 11:07 PM   #107
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If you are a UK tax payer you can declare yourself non resident and have no taxes assessed if you are out of the country for certain time parameters. You don't have to have to have to have residence elsewhere you just have to be out of the UK within the parameters.

I know for sure you can' spend more than 90 days in the UK in one tax year. But there are others too.

Anyways to OP. Given UK tax law. Best to visit a few places on medium term stay than just up and move, tax wise anyways.
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Old 10-09-2010, 11:19 PM   #108
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Depends on your target market and where you are domiciled I guess.
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Old 10-09-2010, 11:50 PM   #109
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romania is cheap but probably not very nice.
That is not true. 1. Romania is not so cheap. 2. Is a very nice country but that depends on what you understand at nice

Cool chicks, amazing night life, taxes are huge but for those who are paying, summers are awesome ...
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Old 10-10-2010, 02:41 AM   #110
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aha, yes czech republic does sound tempting. I was in Prague earlier this summer and loved it.

Is it difficult to set up there, red tape wise?
I am going to Prague to visit it in december so I will check prices
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Old 10-10-2010, 02:53 AM   #111
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That is not true. 1. Romania is not so cheap. 2. Is a very nice country but that depends on what you understand at nice

Cool chicks, amazing night life, taxes are huge but for those who are paying, summers are awesome ...
If Romania is so nice, why is Spain full of Romanians?
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Old 10-10-2010, 05:56 AM   #112
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I'm doing fairly well, earning around $2,000 a week from adult and mainstream combined.

I'm thinking of moving from the UK to somewhere with less taxes and more sunshine. Preferably with as little beurocracy and redtape as possible too.

In Europe, Spain is an obvious choice, but taxes and social insurance payments are high. I notice there seem to be a lot of Spain based webmasters here.

The Czech Republic has 15% tax but gets extremely cold in winter.

I've read that Uruguay also has low tax. And a nice climate.

Any suggestions?
In your place i would make a balance , cause weather conditions are very important to me also.
Been for example in Greece for the summer , and in United Arabic Emirates for the winter, when the lowest temperature there is like 25 degrees sounds like a perfect combination.
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Old 10-10-2010, 06:58 AM   #113
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U.S.A

I heard the republicans are trying to eliminate tax altogether. Check it out.

Quote:
A BILL
To amend the Internal Revenue Code of 1986 to allow the private sector to create robust levels of economic growth.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.

This Act may be cited as the `Economic Freedom Act of 2010'.
SEC. 2. ZERO PERCENT CAPITAL GAINS RATE FOR INDIVIDUALS AND CORPORATIONS.

(a) Zero Percent Capital Gains Rate for Individuals-
(1) IN GENERAL- Paragraph (1) of section 1(h) of the Internal Revenue Code of 1986 is amended by striking subparagraph (C), by redesignating subparagraphs (D) and (E) and subparagraphs (C) and (D), respectively, and by amending subparagraph (B) to read as follows:
`(B) 0 percent of the adjusted net capital gain (or, if less, taxable income);'.
http://thomas.loc.gov/cgi-bin/query/z?c111:H.R.5029:
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Old 10-10-2010, 09:38 AM   #114
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After four years here, I recommend you investigate Panama. Panama is stable, US dollar based, is growing economically, does not tax income earned out the country, allows anyone to create a corporation and have anonymous ownership. Seriously a great place for both business and lifestyle.

I can help anyone interested in Panama. I write mainstream stuff about the country all the time and can help with incorporation.

Oh, Sally, the corporation in Panama is far superior for protection than the C corp in the US, because of anonymity, and again pays no taxes on income earned outside of Panama.
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Old 10-10-2010, 09:45 AM   #115
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After four years here, I recommend you investigate Panama. Panama is stable, US dollar based, is growing economically, does not tax income earned out the country, allows anyone to create a corporation and have anonymous ownership. Seriously a great place for both business and lifestyle.

I can help anyone interested in Panama. I write mainstream stuff about the country all the time and can help with incorporation.

Oh, Sally, the corporation in Panama is far superior for protection than the C corp in the US, because of anonymity, and again pays no taxes on income earned outside of Panama.
u still owe taxes to the USA if u are american no matter where u live..

i did panama for around 2yrs.. it gets boring.. it rains way too much(7-8 months a year), and a lot of things frustrate me.. ur cable goes down.. goodluck getting it back up....

people dont speak much english.. its a fucking hidden racist country(against dark people), and its a monotonous country.. nothing to do apart from going to the country side to hit up beaches, or going to the night clubs...

On the plus side, its warm, cheap, and the girls are decent, and the colombian girls there are smoking if u wanna pay

Im now in san diego.. way better weather.. cleaner... shit doesnt frustrate me.. however the only downside is its more expensive.. but at least shit works well here, it never rains, the roads are good, and now i just visit panama every few months to see friends

anyway think twice before panama.. i know few people who moved there, then later realized when it comes down to it its a shitty country.. a lot of the americans who live there dont even spend time there.. always going to the usa every other month, and have to order all their products from amazon.. defeats living in another country eh??
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Old 10-10-2010, 11:06 AM   #116
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After four years here, I recommend you investigate Panama. Panama is stable, US dollar based, is growing economically, does not tax income earned out the country, allows anyone to create a corporation and have anonymous ownership. Seriously a great place for both business and lifestyle.

I can help anyone interested in Panama. I write mainstream stuff about the country all the time and can help with incorporation.

Oh, Sally, the corporation in Panama is far superior for protection than the C corp in the US, because of anonymity, and again pays no taxes on income earned outside of Panama.
Wouldent mind staying in touch, how to contact you?
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Old 10-10-2010, 02:29 PM   #117
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Wouldent mind staying in touch, how to contact you?
You can email me lee at dreamnet.com

As to the negatives about Panama. You might like living here, I do. But whether you live here or not, basing a business in Panama makes good economic sense.

As to US taxpayers needing to file and pay the IRS, it is true but...

1. If your company, a Panama SA, a legal entity, holds the it's income in Panama and it is not paid out to you it is not taxable by the US until you pay it out to you.

2. also there is a nice sized, about $90,000 plus rent and utilities tax exemption if you live and work overseas. So your first 90K of income is tax free.

Many US CPA's have no clue about this If you want to read the details read this IRS publication. LINK

Last edited by Probono; 10-10-2010 at 02:30 PM..
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Old 10-11-2010, 01:33 AM   #118
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most important to live ))) secondary is where
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Old 10-11-2010, 02:49 AM   #119
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If Romania is so nice, why is Spain full of Romanians?
Not only Spain........everywhere I`ve been so far Romanians are there. And yes, Romanian chicks are the best
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Old 11-07-2010, 08:59 PM   #120
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I vote for Panama
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Old 11-07-2010, 09:20 PM   #121
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Sealand
:D Not very good if you like stretching your legs on a long walk though!
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Old 11-07-2010, 09:27 PM   #122
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If Romania is so nice, why is Spain full of Romanians?
If Romania is so nice, why is the London Underground full of Romanian beggers?
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