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In which country should I incorporate my online business?

Discussion in 'General Business' started by new in the game, Jan 9, 2018.

  1. #1
    A short description of what I'm planning to do:
    1. I'm developing, along with a partner, a website that will offer social media related services.
    2. The business will be self funded, at least for starters.
    I'm looking where should I incorporate my business based on the following criteria:
    1. I'm a Greek citizen and resident (Greece is an EU country).
    2. I want to avoid countries that have a dubious reputation of tax havens etc.
    3. I'm interested in low incorporation cost.
    4. I'm interested in low annual expenses. (Accountants, maybe a person who will act as a CEO in the country where the business will be formed for legal reasons, etc.)
    5. Of course the lower the corporate taxes will be, the better.
    6. The country which I will choose, will be the one that offers the best combination of points 4 and 5.
    I look forward to hearing your suggestions!
    SEMrush
     
    new in the game, Jan 9, 2018 IP
    SEMrush
  2. mrb1129

    mrb1129 Active Member

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    #2
    What kind of social media related traffic are you talking about? And what's your site name?
     
    mrb1129, Jan 9, 2018 IP
  3. new in the game

    new in the game Peon

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    #3
    The business will offer marketing tools for social media websites and the clients will be able to design and run their own campaigns. It isn't online yet. I haven't started a business yet, but I'm developing the website along with a partner and we have already finished with its functionality.
     
    new in the game, Jan 9, 2018 IP
  4. mrb1129

    mrb1129 Active Member

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    #4
    Well let me know when its online.
     
    mrb1129, Jan 9, 2018 IP
  5. new in the game

    new in the game Peon

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    #5
    Hopefully, it will be online by the end of 2018. Hope, I will finish development within the following months.
    If anyone has any suggestions about where I should I start my business I would like to listen to them.

    I have read about Delaware, which I think fulfills points 3 and 4 of my list, but maybe incorporating in the US without be a citizen and a resident hides higher taxes and difficulties in opening bank accounts etc.
     
    new in the game, Jan 9, 2018 IP
  6. partnerdig

    partnerdig Member

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    #6
    In Gibraltar non resident businesses do not pay income tax.
     
    partnerdig, Jan 9, 2018 IP
  7. new in the game

    new in the game Peon

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    #7
    Last edited by a moderator: Jan 9, 2018
    new in the game, Jan 9, 2018 IP