Once an online gambling affiliate starts taking off and the tax man comes to collect their lawful amount, many turn to the offshore sector for refuge. In this article, I will go through some common solutions used by large gambling affiliates and pros and cons. Incorporation As a gambling affiliate,…
In the early days of this blog, I wrote a couple of articles that continue to be some of the most read ones. Going back to them now, I notice that I have improved my blogging in the almost two years since then and that those articles are in fact…
IBC stands for International Business Company, originally from the International Business Companies Act of 1984 in the British Virgin Islands. It has since been copied – with slight variations – across a plethora of jurisdictions. #148814545 / gettyimages.com In this post, I will quickly go through all IBC jurisdictions. If…
This will be a continuation of a previous post, called Offshore Freelancing, and will also explore the topic of running an offshore business in general. In this post, I will address some points about jurisdictions and banking options for the offshore freelancer, whether it’s as a consultant, IT developer, project…
“And the bank needs to have all the currencies in the world, issue prepaid cards, debit cards, credit cards, and virtual cards. Fees should be very low, if any at all. The bank must be financially stable and in a jurisdiction with a deposit insurance.” If this sounds like you…
Whether you are selling intangible, virtual goods or offering your services remotely or even in person, you may at some point have considered reducing tax, simplifying accounting, increasing your privacy, reduced liability, or for other reason move your freelancing to an offshore jurisdiction. Reducing Tax This is entirely dependent on…
New! How To Start an Offshore Company (revisited) Offshore company formation is generally much easier than onshore incorporation, due to lax legislation and business-friendly regulation. You can have your company in as little as a couple of days from payment to your offshore service provider (OSP). This article is…