Registering your business in another country is something that many internet entrepreneurs have been doing for quite some time and there are countless benefits which you can have if you were to follow suit. Naturally there are some countries which are better to register your business in than others and today we are going to take a look at which are the best countries for you to register your business in and why. Each country has their own laws when it comes to business owners and this could mean different rights, different levels of tax which must be paid, as well as varying laws around workers rights, legal protection and financial dealings. If you are looking to give your business the best possible footing, here are 3 countries which you should seriously think about registering your business in.
There are many great reasons why you should think about Central American nation Belize as the place to register your business. The first key to this is the fact that Belize is the only country in this region which has English as its language, this ensures that nothing important is lost in translation. Another benefit of registering your company in Belize is that you will pay some of the lowest fees on the planet. In order to set up your business in Belize, you don’t even need to visit the country and you can set up both a bank account and a business via the telephone or the internet. Belize banks have been known to accept high risk merchant accounts which means that if you are looking at setting up a gambling business or one in the adult industry, you will have no problems at all. Tax free and easy to set up, Belize is a great option.
In terms of asset protection, Nevis is the best place to set up your business and if you have a company which is fraught with liability, this is the country for you. In order for someone to make a case against you they will first need to post an expensive bond, something which discourages many from doing so. On top of these benefits, the Prime Minister will be willing to discuss passport options for you as a business owner and thanks to the country’s privacy laws, your business dealings will be kept from prying eyes.
British Virgin Islands
If you have an internet income that comes from worldwide sources and you are looking to keep some of it offshore, the British Virgin Islands are your best bet. Throughout the years this has proven to be one of the safest places to hold money offshore and because of the due diligence that the nations banks have in place, many worldwide banks are more than happy to deal with them. The country has reputable jurisdiction and the tax laws are highly flexible which means that you can save money, maintain your privacy and be safe in the knowledge that your business and your money are in good hands.