It is now possible to run a business from virtual cyberspace while living anywhere in the world, choosing the most preferable jurisdiction as a tax base, and using any number of jurisdictions as they may apply to manufacturing, distribution, banking, web hosting, and other related factors.
Choosing the right jurisdiction to locate your offshore hosting in will depend on a combination of your business situation, financial goals and even to some extent your personal
choices. There are several factors that should certainly be considered when doing your initial
Web Hosting Technology
Technical considerations are the most important factor in evaluating any hosting service. IN selecting onshore or offshore web hosting you will want to keep in mind the following factors when
choosing an offshore web
Privacy and Confidentiality
Some people believe that it is their right to have absolute privacy in their financial, business and banking
affairs as conducted over the Internet. In most countries this can be very difficult, if not impossible, to accomplish
due to the
lack of privacy in the resident country's web hosting systems. Other
countries, such as The Bahamas, have
strict international compliance standards and first class hosting facilities but
also offer a high level of privacy and confidentiality.
In today's society, whether you are an individual or corporation, you are susceptible to law suits. This can place your assets and future at risk. By
hosting your web site offshore, and setting up
an international corporation, you can protect your business and your assets from creditors and possible
nuisance lawsuits. This can be further accomplished through utilization of vehicles such as trusts, International Business Corporations,
bank accounts, and
Favourable Tax Laws
One of the most attractive elements of offshore business in countries like The Bahamas is the tax-free status accorded to income. There are no taxes levied on capital gains, corporate earnings, personal income, sales, inheritance, or dividends. This tax freedom is available to all resident corporations, partnerships, individuals and trusts.
An offshore bank account is an indispensable tool for those conducting international business -
particularly online business. If you are keen on working on the net and earning income from the many business opportunities available - then an offshore account combined with a merchant account offers a powerful tools
to accompany your offshore hosting.
Search our Web Directory for Bahamas
banks and offshore