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Is there a point to register your business abroad for tax purposes?
Is there actually a point to registering your business abroad for tax purposes if you’re just going to live in your current country? For example living in the US or UK and registering your business in Dubai.. Will the IRS and HMRC just say that since you’re managing your business and work in our country we’ll just tax you anyway? I’m assuming it’s only worth it if you actually move there with a visa and residency but then of course that’ll be the more expensive option for the short term and greater risk if the business doesn’t do well.. any advice / suggestions?
#business
Is there actually a point to registering your business abroad for tax purposes if you’re just going to live in your current country? For example living in the US or UK and registering your business in Dubai.. Will the IRS and HMRC just say that since you’re managing your business and work in our country we’ll just tax you anyway? I’m assuming it’s only worth it if you actually move there with a visa and residency but then of course that’ll be the more expensive option for the short term and greater risk if the business doesn’t do well.. any advice / suggestions?
#business