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Does it matter where I set my company legally ? Should I care to do it in the British Virgin Islands or the US or Dubai or just do it where I live. Are taxes benefit important ? Anything else to watch out for ? Are any lawyers here who care to give me some free advice ? |
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It does matter and your initial set-up will most likely be the one that you approach investors with, hence studying all options with a lawyer that knows both local corporate environment laws as well as benefits of various off-shore set-ups is a must. Taxation is one aspect to look at, but more importantly is any restrictions on selling or doing business in your local as well as regional markets. As an entrepreneur, you might also not have the time or deep knowledge of all procedures that must be followed on annual, quarterly, etc... basis. This was a major element for us as we were fully focused on developing the product we went for an option that minimized the amount of administrative and bureaucratic hassle. |
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I believe that lawyers have things more important to do than to read blogs. You must listen to our advice. Oferte cazare Moeciu |
