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Let’s kick taxes. Offshoring is what it is all about in today episode. And don’t worry, we’ll have an expert on eventually as I start going through this process as it is something plenty of cash flow FBA entrepreneurs will want to learn more about.
Amazon Offshoring
- How entrepreneurs avoid taxes – legally
- Why the US government sucks on taxes
- The ways to avoid US taxes
- Ways to have protection in your corporate structure
- The reason European margins suck
- Why it makes sense to have multiple businesses
- How VAT works in Amazon Europe
- Why I am thinking about having an offshore business
- Hong Kong corporate tax is 0%
- Why I’m interested in investing in real estate
- How Amazon entrepreneurs can benefit from offshoring
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Love this Matt! Got to think big. I’ve barely started in the UK where I live and have a LTD company. Looks like I’m going to ditch that and do a new product in the USA where there appears far more opportunity. I think (but I’m not sure) that I won’t pay VAT on my income earned overseas. But I will definitely pay corperation tax on my profits at 20% here! I reckon you’re onto something here and when I’m doing $30k a month plus I will also look into more tax efficient vehicles and locations. Please follow up on this podcast and let us know how it goes. Thanks bro.
On the same theme, I just googled this…interesting read: http://www.myeggnoodles.com/setting-up-a-hong-kong-company.html
yeah. seems like it is harder now as a foreigner, especially for us citizen
Hong Kong is part of China, it is just a Special Administrative Region (SAR) so it has its own constitution and laws. It is still part of China though.