When I started my hosting company I didn’t think much about accounting and how important it is to plan ahead. I didn’t know much about tax either and after a few years of steadily expanding my business I reached a point where I had to deal with both.

I did some research and finally decided to deal with taxation and accounting in a way that most of my competitors didn’t even think of: Moving 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 say that it was one of the best business decisions I’ve ever made.

Stateside Finance helped me forming the offshore company and opening a bank account with a reputable and well-known bank in an offshore tax haven. Now, when people hear offshore tax haven they usually think of tax evasion and money laundering but little do they know how many advantages an offshore jurisidiction really features.

Quite literally every bank, insurance, international company and even governments maintain companies in offshore jurisdictions. Certainly for tax purposes but also to do business internationally in a convinient and confidental manner.

I incorporated my company in the British Virgin Islands for under $1900 and moved the company offshore. Stateside Finance guided me through the whole process and believe it or not I didn’t even had to leave my office desk.

Today I don’t have to break my head about taxes or accounting or even company liability; moving my company offshore solved all these problems once and for all.


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