When I started my online company I didn’t research much about tax liabilities and how important it is to plan for the company’s future. I didn’t inform myself much about accounting either and after a few quaters of steadily growing my company I reached a point when I had to tackle both problems.

I did some googling and finally decided to deal with taxation and accounting in a way that many of my business partners didn’t even think of: Moving the online business offshore.

Now that might sound a bit dodgy and more like an adventure to some of you, but today after everything is done I can tell you that it was one of the best business decisions I’ve ever made.

Stateside Finance helped me forming the offshore company and opening a merchant account with a reputable and well-known offshore bank in an offshore tax haven. Again, when most hear offshore jurisdictions they instantly think of tax fugitives and money laundering but have few information about how many advantages an offshore jurisidiction really has to offer.

Every bank, insurance, international corporation and even governments maintain foundations in offshore tax haven. Mainly for tax reasons but also to conduct business internationally in a simple and confidental manner.

I incorporated my company in the Carribean for less than $1900 and moved the business offshore. Stateside Finance guided me through the whole process and believe it or not I didn’t even had to leave my office office.

Finally I don’t have to break my head about taxes or accounting or even company liability; moving my company offshore sorted out so many problems once and for all.

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