Reply To: Founding an off shore company – please tell your experience

I think rogerlodge is pretty accurate in his statement. My attorney told me the only real benefit if you’re in the US is protecting your assets from lawsuits. My CPA told me getting money back into the US can raise a red flag. Plus the government is much stricter on these transaction since 911. You can’t avoid taxes if you live in the US. However, if you’re not residing in the US, and you set up a corp in a country that doesn’t tax, its gravy.