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by alltakendamned 4163 days ago
Register your company where there is no corporate tax, be a citizen of a country with no income tax.

As to the how and what, I'm willing to learn myself.

2 comments

Even then, if you do business in the US for example, unless you're 100% digital ( possibly even then ) you'd be a foreign corporation that'd need to register secondarily in that country, and vooala-- tax exception gone.

Unless someone has a way to prove that wrong?

I don't think you need that; I'm trying to find any proof of what you say and cannot really find. If you have a company in HK/SG and live fulltime (6 months + 1 day) in Monaco for instance, I believe you can do business with US companies/citizens while not paying taxes. The hell of living in Monaco doesn't really make it worth the while imho however I know plenty of people who do this.

No proof here but I cannot find the reason why you would need to do what you suggest?

Nonresident Alien withholding for Foreign Persons:

http://www.irs.gov/Individuals/International-Taxpayers/Forei...

http://www.irs.gov/Individuals/International-Taxpayers/NRA-W...

I would prefer this all not be fact, and I wish it were not true, but I put this out there because I hope it isn't but it seems like it definitely is real and effectual. This is the biggest difficulty I've hit myself.

but to be resident in Monaco you need to deposit 250k with the government which they keep for a certain amount of time. I think
that's interesting because i was doing the same a while a go ... i dont remember which country but there was one where tax is zero and you dont even need to file a tax return every year! ...