Think Globally when Incorporating

The location of a corporation determines which laws it is under and what taxes it will pay. In the United states many many corporations are formed in Delaware so that they pay no state income tax. Michigan has "enterprise zones" where there are no state income taxes or sales taxes (call 1-800-94-no-tax). These are done to attract business, since taxes are such a big factor in deciding where to locate.

While many businesses carefully think about which state they want to incorporate in, they fail to consider which country they should incorporate in.

The Internet makes a business inherently global, as the Internet does not notice political boundaries.

A global business ought to think globally when deciding where to Incorporate. Once you make that mind shift, Anguilla compares very favourable with Delaware and Michigan, due to simplified regulatory requirements and Anguilla's consumption-based tax system that encourages savings, investment and economic growth.

Return to Offshore Information Services